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    Chinese chip stocks surged in value after Huawei Technologies introduced its latest Mate 60 Pro phone. According to AnTuTu, a Chinese benchmarking website, the phone features a Kirin 9000s CPU designed by HiSilicon that supports 5G.

    New phone sparks worry China has found a way around U.S. tech limits

    Huawei, which has been under U.S. sanctions for years, released the phone pointedly during Gina Raimondo’s visit to Beijing.
    By Editors Desk

    Latest Business

    OnlyFans: Who is Leonid Radvinsky, the elusive owner of a porn empire?

    OnlyFans' profits have skyrocketed in the past year and news that its owner earned more than $300m (£238m) in dividends has ignited fresh questions about the pornography mogul.

    LEONID RADVINSKY VIA LINKEDIN

    ’Pleading for money’: Chinese economy in trouble as Xi Jinping’s leadership falters

    Retail sales are down, exports are slipping and local governments are pleading for cash. China is in trouble – but will it drag us down with it?

    Even the Chinese public doubts Chairman Xi Jinping’s ability to avoid a crisis. Picture: Florence Lo/Pool/AFP

    The Staggering Economic Impact of Taylor Swift’s Eras Tour

    The reasons behind the Eras Tour's unmatched success are many. 

    Taylor Swift onstage during the Eras Tour's final night in Los Angeles on Aug. 09, 2023. Kevin Winter/TAS23—Getty Images

    Macy’s To Roll Out Small-Format US Stores in Northeast, West

    Retailer Unveils Locations for Expansion of Pint-Sized Sites

    A small-format Macy’s debuted last week at the Highland Grove Shopping Center in Indiana. The retailer plans to open more in other regions. (Jean-Marc Giboux, AP Photography for Macy’s)

    Airbnb Hosts and Guests Scramble as New York Begins Crackdown


    New short-term rental regulations could eliminate huge blocks of listings for visitors looking for options beyond hotels

    Airbnb has called the rules, which took effect earlier this year, ‘a de facto ban on short-term rentals.’ PHOTO: GABBY JONES/BLOOMBERG

    America’s Fight Over Tipping at Restaurants Comes to Its Biggest Battleground Yet

    Chicago restaurants say they will have to boost prices and cut staff if a “sub-minimum wage” proposal becomes law.

    The costs for service staff at Chicago’s Fifty/50 Restaurant Group’s restaurants would escalate under the proposal, according to the company’s co-owner. PHOTO: THE FIFTY/50 RESTAURANT GROUP

    Goldman’s C.E.O. Is Stuck, Without a Clear Lifeline

    David Solomon’s management style is winning few fans amid the elite investment bank’s performance woes. He is mired in “quicksand” and unsure what to do.

    Illustration: Scott Anderson

    Judge Sends FTX’s Sam Bankman-Fried to Jail Ahead of Fraud Trial

    Bankman-Fried handed personal effects to his lawyers before U.S. Marshals handcuffed him.

    Sam Bankman-Fried, founder of collapsed crypto exchange FTX, arriving for a bail hearing at federal court in Manhattan on Friday. PHOTO: MICHAEL M. SANTIAGO/GETTY IMAGES

    ‘May not survive’: WFH company’s 97% crash

    WeWork, the struggling rent-a-desk company, has admitted it likely won’t survive the year amid a sensational 97% crash in its share price.

    WeWork has become a business school cautionary tale. Picture: Patrick T. Fallon / AFP

    A Disney Sale to Apple? Don’t Count It Out This Time

    Facing the staggering problems afflicting all legacy studios, is Bob Iger contemplating a once-unthinkable option? The signals he sent in Sun Valley suggest that it could happen.

    ILLUSTRATION BY LÆMEUR

    Even Zoom is making its staff return to the office

    Edward Smith/Getty Images

    Yellow files for bankruptcy after shutting down

    The filing comes more than a week after the trucking company halted operations

    Yellow Corp. trucks sitting idle at a company facility on July 31 in Hayward, California. Justin Sullivan/Getty Images

    ​Jordan earns $2.7 billion in one day ​

    Michael Jordan has waited 13 years for this day and now that it has finally arrived the NBA icon is laughing all the way to the bank.

    Michael Jordan has reason to smile. Photo by FRANCK FIFE / AFP.

    Janet Yellen: Credit downgrade 'puzzling' and 'unwarranted'

    Treasury Secretary Janet Yellen has defended the strength of the US economy, after the government was stripped of its top tier credit rating.

    GETTY IMAGES

    'X' removed after being installed atop company headquarters following Twitter's rebrand

    Twitter's new "X" sign was taken down on Monday after the city of San Francisco reprimanded the company for installing a giant, flashing sign above its building without a permit.

    An aerial view shows a newly constructed "X" sign on the roof of the headquarters of the social media platform previously known as Twitter, in San Francisco, on July 29. Josh Edelson/AFP via Getty Images

    Twitter, now X, opens up its ad revenue sharing program with global creators

    Adds X CEO, Linda Yaccarino, “absolute game changer for our creators.”

    Image Credits: X Corp.
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