Business

Business news on markets, companies, trade, and the economy, with clear analysis of what the latest moves mean for workers and investors.

Binance says fake job interviews enabled $6.3B crypto hack

A tampered developer tool and a staged recruiter interview opened the door, Binance says. It has replenished 98% of the…

Disney plans several thousand layoffs, deeper cost cuts

Some Disney managers have been told to trim budgets by up to 20%, as the…

Don DeLillo’s pseudonymous hockey novel Amazons returns

Written under a name that never existed and acknowledged only in 2020, DeLillo's cult hockey…

Democratic sweep could hit stocks the day after midterms

Wall Street is wary of a blue wave. Here is what analysts say it could…

UK AI data centres eye gas power, testing net zero goals

Gas turbines at four planned hyperscale sites could emit more CO2 a year than Manchester,…

Apple can’t say when sold-out iPhone Duo will be restocked

Apple posted $114bn in quarterly sales and record Mac revenue, but chip shortages and soaring…

Fifa to show World Cup sell-off files to council in Zurich

Uefa demanded answers on Gianni Infantino's scrapped plan to sell World Cup stakes. Fifa's reply:…

Over 800 UK retail cooling systems reachable online, researchers say

European supermarket freezer attacks put new focus on connected retail equipment, as experts warn hackers…

Meta settles social media addiction suit ahead of trial

Snap now stands alone as a Los Angeles jury trial nears over claims that Snapchat…

S&P 500 has risen after every midterm since 1982

Stocks have averaged 13.7% gains in the year after midterms, and divided government has done…

Oil posts steepest drop since July on Iran deal hopes

U.S. crude slipped under $100 and gasoline eased toward $4 as Trump and Tehran signaled…

Anthropic discloses $895.4 billion in compute commitments

The Claude maker's updated IPO filing shows nine-month revenue of $33.24 billion, slowing quarterly growth,…

Alcaraz’s ex-coach Ferrero joins Ben Shelton’s team

Juan Carlos Ferrero will cover 10 to 12 events next season with Ben Shelton, his…