Business

Donald Trump’s latest cryptocurrency project could net the president billions of dollars

What do the spectacular turnarounds at Abercrombie and Barnes & Noble have in common? Merchants are leading the companies.

Waitrose is once again planning to use the lure of free coffee to entice shoppers into its stores, even if they do not make a purchase.

The group in on the bid is composed of “all the major investment firms that you would imagine.”

Much of the focus this week was on the quarterly results of IT companies and the winding-up of Hindenburg, the short seller that shook the Adani group. But what caught the eye were news reports on how family feuds, that old bugbear of Indian business, continue to bedevil even some well-run firms.

In mid-2023, TikTok had just eluded an effort in Congress to ban the video app, the latest Houdini-like escape for the young tech company.

Until recently, it was authoritarian capitalist regimes such as those in Russia and China that were characterised as plutocratic: Putin’s government, well known to be dominated by powerful oligarchs such as Yuri Kovalchuk, Gennady Timchenko and the Rotenberg brothers; and China’s Communist Part

WASHINGTON (AP) — President Donald Trump on Tuesday talked up a joint venture investing up to $500 billion for infrastructure tied to artificial intelligence by a new partnership formed by OpenAI, Oracle and SoftBank.

Trump will usher in a speculative frenzy. Produced by ElevenLabs and News Over Audio (Noa) using AI narration. Listen to more stories on the Noa app.

Sebastian Mallaby is a senior fellow at the Council on Foreign Relations and the author of five books, including, most recently, “The Power Law,” an account of the venture-capital industry.