Good morning. Hilary Maxson is stepping into the CFO role at Oracle at a pivotal—and risky—moment. As the …
The Pentagon accused some of China’s biggest companies including Alibaba Group Holding Ltd., Baidu Inc. and BYD Co. of supporting the Chinese military, doubling down on an earlier decision to label crown jewels of …
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Business
U.S. had a national debt ‘home run’ in its grasp, says Jamie Dimon—but the government did nothing, and now its best option is crisis management
What this borrowing (and its related interest payments) will ultimately mean for the economy remains to be seen: …
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The publishers, music producers, and film directors who make up the creative economy would say yes — as …
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Business
Trump’s ceasefire gives Iran control of the Strait of Hormuz—and Mojtaba Khamenei is reportedly alive
Oil fell to $94 per barrel this morning, following the U.S.-Iran ceasefire agreement. S&P 500 futures popped 2.57% …
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Good morning. Is Bill Ackman like Warren Buffett? The CEO of Pershing Square Capital Management cited a desire …
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Business
Asian stocks rally after Trump’s Iran ceasefire and ‘immediate’ Hormuz opening—even as it remains unclear how open the strait actually is
Asian markets surged Wednesday morning as investors welcomed a two-week ceasefire between the U.S. and Iran, even if …
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Business
Bed Bath & Beyond’s Container Store acquisition echoes past retail mergers that failed to deliver
When Bed Bath & Beyond announced last week it was buying the Container Store for a pittance, CEO …
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Business
The world’s consumers are ready for robotaxis. James Peng of Pony AI wants to make sure they’re riding in his
James Peng, cofounder and CEO of Chinese robotaxi startup Pony AI, was reviewing customer data with his team, …
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Business
Watches like this $455,000 timepiece can’t be made by a machine—and that’s exactly why they’re the ultimate flex amid the analog revival
Kevin Koenig, a Connecticut-based yacht consultant, was recently helping a prospective client buy his first boat. Koenig nurtures …
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Business
H&R Block wants to be more than a tax company. It wants to be your year-round financial advisor
Curtis Campbell knows exactly what kind of company people think H&R Block is. It is the place you …
