Hong Kong’s initial public listing market remains in a slump, even as analysts expect the market to recover in the second half of the year.
Disney is the No. 1 cruise line for families, travelers say
U.S. News and World Report ranked the top five best cruises for families out of the 17 most popular ocean cruise lines in the world.
Berkshire Hathaway posts a 40% jump in operating earnings, cash pile swells to a record $157 billion
Berkshire Hathaway on Saturday reported a big jump in third-quarter operating earnings, while sitting on a record amount of cash that surpassed $157 billion.
‘No place that is safe in Gaza right now,’ UN says; Israeli protestors call on Netanyahu to resign
There is no safe place in Gaza right now, a senior UN official said Friday, adding that even “a UN flag” cannot provide any safety to civilians trapped in Gaza.
Three hours to guilty: How the government nailed Sam Bankman-Fried
After a monthlong trial, FTX founder Sam Bankman-Fried was swiftly found guilty on Thursday by a jury in lower Manhattan
GM is expected to invest $13 billion in U.S. facilities under new UAW deal
Details of the deal were released Saturday after local UAW-GM leaders approved the pact, which must still be ratified by the union’s 46,000 members with the automaker.
Sam Bankman-Fried faces over 100 years in prison at sentencing. Experts weigh in on how much time he’ll actually get
Legal experts compared the convicted FTX fraudster’s case to that of Bernie Madoff, who got sentenced to 150 years in prison.
Chinese Tesla rival Nio cuts 10% of workforce as CEO predicts ‘intense competition’
China’s Nio has been hit by weak consumer sentiment in the world’s second-largest economy, stiff competition and a price war started by Elon Musk’s Tesla.
Israel-Hamas war updates: IDF strikes ambulances near Gaza hospital, saying Hamas used them; Netanyahu rejects cease-fire before hostage release
U.S. Secretary of State Antony Blinken’s visit to Israel comes as clashes between the Israeli Defense Forces and Hamas continue in Gaza.
Shares of Maersk plunge 18% as shipping giant announces 10,000 job cuts, says profit will be at lower-end of guidance
Maersk, a bellwether for global trade, said it was facing subdued demand and inflationary pressures.