Tag: business news

Amid Epstein fallout, Bill Gates becomes point of controversy at India AI summit

[ad_1] Bill Gates speaks during the Gates Foundation’s first global Goalkeepers event in the Nordics, which is being held in Stockholm, Sweden, Jan. 22, 2026. TT News Agency | Stefan Jerrevang | Via Reuters Bill Gates has become a source of controversy at this week’s high-profile India AI Impact Summit, as speculation around his planned […]

Labor Secretary’s husband barred from HQ after sexual assault claims, NY Times reports

[ad_1] Shawn DeRemer, husband of Lori Chavez-DeRemer, U.S. President Trump’s nominee to be secretary of labor, sits, on the day Chavez-DeRemer testifies before a Senate Health, Education, Labor, and Pensions (HELP) Committee confirmation hearing on Capitol Hill in Washington, D.C., U.S., Feb. 19, 2025. Kent Nishimura | Reuters At least two female staffers have made […]

Blue Owl curbs investor liquidity following asset sale, shares slide almost 6%

[ad_1] Shares in Blue Owl Capital tumbled almost 6% on Thursday after the private market and alternative assets manager sold $1.4 billion of loan assets held in three of its private debt funds. Blue Owl said Wednesday it had agreed the sale with four North American pension and insurance investors, with the loans changing hands […]

Kennedy defends Trump glyphosate order; MAHA erupts as midterms approach

[ad_1] U.S. Health and Human Services (HHS) Secretary Robert F. Kennedy Jr. speaks, announcing new nutrition policies during a press conference at the Department of Health and Human Services in Washington, D.C., U.S., Jan. 8, 2026. Jonathan Ernst | Reuters Secretary of Health and Human Services Robert F. Kennedy Jr. defended President Donald Trump’s executive […]

King Charles’ brother Andrew arrested on suspicion of misconduct

[ad_1] FILE PHOTO: Britain’s Prince Andrew leaves Westminster Abbey following the coronation ceremony of Britain’s King Charles and Queen Camilla, in London, Britain May 6, 2023. Toby Melville | Reuters U.K. police on Thursday arrested King Charles III’s brother, Andrew Mountbatten-Windsor, on suspicion of misconduct in public office, with the monarch expressing his “deepest concern” […]

Nestle plans sale of ice cream business as fourth-quarter sales growth beats estimates

[ad_1] Nestle shares rose 3% Thursday after the maker of Nescafé and KitKat reported organic sales growth for the fourth quarter that beat analyst forecasts. The closely watched organic growth rate came in at 4%, beating a FactSet consensus of 3.55%. For 2026, Nestle said it is targeting organic sales growth of 3% to 4%, along with […]

Chinese tech companies progress ‘remarkable,’ OpenAI’s Altman tells CNBC

[ad_1] The progress of Chinese tech companies across the entire stack is “remarkable,” OpenAI’s Sam Altman told CNBC, pointing to “many fields” including AI. Altman’s comments come as China races against the U.S. to develop artificial general intelligence (AGI) — where AI matches human capabilities — and roll out the technology across society. Chinese progress […]

Airbus targets 870 deliveries this year, below estimates as Boeing competition tightens

[ad_1] These specially configured A350-1000ULRs are expected to enable the world’s longest commercial flights. Qantas Airbus said Thursday it expects to deliver 870 commercial aircraft in 2026, slightly fewer than the roughly 880 analysts had expected. It comes as pressure is building for the European planemaker, with U.S. rival Boeing showing signs of recovery after […]