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How Semafor turned Washington into a profit center

Semafor CEO Justin Smith says his company hosted close to 100 events in 2025. His ambition is to build a Washington, DC-based event that's supposed to rivals the annual Davos gathering in Switzerland....

5dBusiness InsiderPoliticsImpact

JPMorgan CEO Jamie Dimon said Trump's proposed 10% cap on credit card rates would be an 'economic disaster'

Dimon said at Davos that the cap would cause a "disaster." Denis Balibouse/Reuters Jamie Dimon said Trump's proposed cap on credit card interest rates could hurt 80% of Americans. Speaking at ...

15hBusiness InsiderPoliticsImpact

A look at the EU's 'Anti-Coercion Instrument' amid Greenland dispute with US

Trump on Saturday threatened to impose more tariffs on eight European nations until the US is allowed to buy Greenland, citing US national security concerns. EU governments are drawing up retaliatory ...

2dFrance 24PoliticsImpact

Lululemon's founder is blasting the company for selling sheer leggings, calling it a 'new low'

Chip Wilson said the recall of see-through leggings was a result of Lululemon's incompetent board. Jim Bennett/Getty Images Lululemon's founder, Chip Wilson, had a lot to say about the recall of the s...

1hBusiness InsiderlifestyleImpact

Deloitte is overhauling job titles for its US workforce — here's why

Deloitte John Wreford/SOPA Images/LightRocket via Getty Images Deloitte is changing job titles for its US employees and introducing a new leader role. Employees will be told their new job title on Jan...

5hBusiness InsidereconomicsImpact

China’s commercial space sector soars with 50 launches in 2025

China’s commercial space sector logged 50 launches last year – more than half of the country’s total – underscoring the growing role of private players alongside the state-led space programme, with Be...

1dSouth China Morning PostTechnologyImpact

Hong Kong needs to ask the hard questions about its net-zero challenge

Net-zero commitments are now commonplace across Hong Kong’s property sector. Many major developers have announced targets for 2030 and 2050, often framed around energy efficiency, renewable energy and...

5dSouth China Morning PostenvironmentImpact

China’s EV makers face slowdown in export growth after doubling in 2025

China’s electric vehicle (EV) exports doubled in 2025 amid rising overseas demand for affordable cars and Beijing’s anti-involution campaign. The country – the world’s leading EV manufacturer – sold m...

Jan 14South China Morning PostautomotiveImpact

Trump's sweeping proposals for credit cards and student debt could be a big deal for other lenders

Proposed policy changes could lead more consumers to turn to private or personal loans. Tatiana Maksimova/Getty Images New caps on student-loan borrowing could prompt more Americans to turn to private...

Jan 14Business InsidereconomicsImpact

Harbour BioMed stake in US drug firm Spruce shows Chinese firms’ growing clout, analysts say

Shanghai-based Harbour BioMed’s acquisition of a stake in US-based Spruce Biosciences is the latest example of China’s novel drug developers progressing from one-time licensing deals into long-lasting...

1dSouth China Morning PosteconomicsImpact

Meta Shuts 3 VR Studios and Lays Off Hundreds of Devs as It Pivots From Virtual Reality and the Metaverse to AI

Meta is laying off around 10% of staff at its Reality Labs division as part of sweeping cuts set to affect more than 1,000 people. This includes the closure of a number of VR-first studios, such as Tw...

Jan 14IGNTechnologyImpact

I thought I needed to hit a magic number to retire comfortably. Getting laid off at 58 changed my thinking.

The author was laid off at age 58. Courtesy of the author Getting laid off at 58 forced me to confront what retiring comfortably really means. Chasing a "magic number" for retirement kept me w...

1dBusiness InsidereconomicsImpact

Malaysia’s new expat salary rules dubbed ‘ridiculous’, stoking fears of talent drain

An effort to prod Malaysian employers into hiring more locals for white-collar jobs by doubling the minimum salary for foreign staff has caught expatriates cold and stirred anxiety among some firms ov...

1dSouth China Morning PostPoliticsImpact

Alibaba reaffirms open-source AI commitment as tech giant hails Qwen achievements

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...

Jan 13South China Morning PostTechnology

Treasury Secretary Scott Bessent says defense giants are 'failing the American people' by falling behind on orders

Treasury Secretary Scott Bessent (left) and Donald Trump. ANDREW CABALLERO-REYNOLDS / AFP via Getty Images Treasury Secretary Scott Bessent took aim at US defense contractors on Tuesday. He said they'...

1dBusiness InsiderPoliticsImpact

Jeremy Grantham Says AI Is Indeed a Classic Market Bubble

For more than four decades, Jeremy Grantham has been one of the most contrarian voices in global investing. The co-founder of Boston-based asset manager GMO, he built his reputation warning about bubb...

3dBloombergeconomicsImpact

‘No reliable evidence’ Taipan bakery chain can settle debts: Hong Kong judge

A Hong Kong judge has said his decision to order the winding-up of bakery chain Taipan’s parent company is due to there being “no reliable evidence” that the business can settle its outstanding rent o...

19hSouth China Morning Posteconomics

Mainland China’s home prices extend slide, adding strain to struggling property sector

Home prices in mainland China continued to decline at a rapid pace in December, posing challenges for an economy that is struggling to find new growth drivers. New home prices fell 0.4 per cent month ...

3dSouth China Morning PosteconomicsImpact

AI is turning Big Tech into a superstar economy

A star that may have ripped apart a planet, according to researchers REUTERS/NASA/Handout A version of this story originally appeared in the BI Tech Memo newsletter. Sign up for the weekly Tech Memo n...

4dBusiness InsiderTechnologyImpact

RAM price hikes: the latest on the global memory shortage

Random access memory, or RAM, is in just about every piece of technology we use. But it’s also the technology that AI companies like OpenAI, Anthropic, Google, and Meta are using to power the se...

6dThe VergeTechnologyImpact
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