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◆ WSJ NEWS EXCLUSIVE: Elon Musk Borrowed $1 Billion From SpaceX in Same Month of Twitter Acquisition
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Spotify’s $1 Billion Podcast Bet Turns Into Serial Drama
The prospect of podcast riches led to aggressive investments in celebrity deals and original programming for what appeared a sky’s-the-limit media frontier.
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Hollywood strikes costing California economy billions – FT
The halt in production has created a knock-on effect for companies that support the movie industry
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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
Twitter allows US political candidates and parties to advertise in policy switch
Announcement by the Elon Musk-owned social media platform has experts concerned over misinformation ahead of 2024 election
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Manufacturers Leaving China Find a Home With Indian Startups India is looking to build up its factory base, and venture-capital investors are noticing.
India is looking to build up its factory base, and venture-capital investors are noticing.
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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.
’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?
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The Staggering Economic Impact of Taylor Swift’s Eras Tour
The reasons behind the Eras Tour's unmatched success are many.
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Macy’s To Roll Out Small-Format US Stores in Northeast, West
Retailer Unveils Locations for Expansion of Pint-Sized Sites
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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
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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.
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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.
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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.
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‘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.
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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.
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Yellow files for bankruptcy after shutting down
The filing comes more than a week after the trucking company halted operations
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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.
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