Demand drop leaves drinks makers with lake of unsold spirits
Groups are halting production and cutting prices to shift stock as sales declines accelerate in key markets...
Groups are halting production and cutting prices to shift stock as sales declines accelerate in key markets...
Billionaire wealth surged at three times its recent pace last year to reach its highest level on record, deepening economic and political divides that threaten democratic stability, anti-poverty gr...
The groups urged Congress to extend crypto tax relief beyond stablecoins, warning the current approach would not simplify everyday payments....
Arturo Holmes/Getty Images In 2026 outlook, Goldman Sachs says US economic and stock market risks are overstated. The firm underscored US strength and projects continued growth. US stocks are in good ...
Frontier research lab MiroMind, a subsidiary of the China-founded multinational firm Shanda Group, has asked some of its staff in Shanghai to relocate to Singapore, according to people with knowledge ...
Chinese chip designer Montage Technology is set to enlist Alibaba Group Holding and JPMorgan Asset Management among the key investors in its upcoming Hong Kong listing, according to people familiar wi...
Alibaba Group Holding’s artificial intelligence strategy is defined by a commitment to open-source models, the company said on Tuesday, following a year of soaring adoption for its suite of AI service...
Oracle's CTO Larry Ellison, TikTok's CEO Shou Chew, and Michael Dell. Andrew Harnik/Getty Images; Anna Moneymaker/Getty Images; Andrew Caballero-Reynolds/AFP via Getty Images TikTok's owner has closed...
Getty Images; Alyssa Powell/BI AI is transforming consulting firms like McKinsey & Company and Boston Consulting Group. Firms now have dedicated staff members who build and test AI tools. Are you a co...
Powell typically abstains from directly engaging with Trump's personal attacks. Al Drago/Getty Images The world's most senior bankers have rallied around embattled Federal Reserve Chair Jerome Powell....
Thailand’s election season has triggered a dizzying array of cash giveaway offers from parties vying for votes, from a US$2,000 payment for newborns to debt write-offs and US$100 monthly top-ups for t...
China is moving forward with the initial public offering (IPO) plans of four private rocket makers this month, as Beijing pushes to build up its commercial space industry amid intensifying competition...
Shares in the Danish energy firm rose about 5% after a federal court granted a preliminary injunction, allowing construction on the offshore wind project to resume....
"In politics as in business – a deal is a deal. And when friends shake hands, it must mean something.” Ursula von der Leyen's comments came amid growing tension between Europe and the US over Greenlan...
Federal Trade Commission’s move comes as Big Tech’s push to woo the White House has failed to put an end to monopoly cases...
Article URL: https://www.reuters.com/business/danish-pension-fund-divest-its-us-treasuries-2026-01-20/ Comments URL: https://news.ycombinator.com/item?id=46692594 Points: 49 # Comments: 13...
The Tesla board has proposed a pay package for Elon Musk that could be worth up to $1 trillion. ALLISON ROBBERT/Getty Images; Getty Images; Tyler Le/BI This post originally appeared in the Business In...
A composite image of Jamie Dimon (left) and Donald Trump (right). Tom Williams/CQ-Roll Call, Inc via Getty Images and Harun Ozalp/Anadolu via Getty Images JPMorgan CEO Jamie Dimon and Donald Trump hav...
Abundant but largely untapped rare earth deposits could offer leverage as diplomatic ties improve...
Article URL: https://disconnect.blog/escaping-the-trap-of-us-tech-dependence/ Comments URL: https://news.ycombinator.com/item?id=46659194 Points: 9 # Comments: 0...