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Category: Economy

Novo Nordisk CEO to step down as Wegovy maker faces growing competition
Economy

Novo Nordisk CEO to step down as Wegovy maker faces growing competition

May 16, 2025

The Danish pharmaceutical giant said Fruergaard Jørgensen would remain in his post "for a period to support a smooth transition…

How much would a 100% ‘Made in the USA’ vehicle cost? It’s complicated
Economy

How much would a 100% ‘Made in the USA’ vehicle cost? It’s complicated

May 16, 2025

President Donald Trump wants automakers to build more vehicles in the U.S. with American parts, but it's not as easy…

Cable companies Charter and Cox agree to merge
Economy

Cable companies Charter and Cox agree to merge

May 16, 2025

Charter Communications and Cox Communications, two of the largest cable companies in the U.S., have entered into an agreement to…

He lives in Thailand but ‘supercommutes’ to Singapore—living off what he makes from 3 hours a week
Economy

He lives in Thailand but ‘supercommutes’ to Singapore—living off what he makes from 3 hours a week

May 15, 2025

It took a layoff to make Shao Chun Chen realize he was financially independent in early 2024, giving him the…

Amazon lays off about 100 employees in devices and services unit
Economy

Amazon lays off about 100 employees in devices and services unit

May 15, 2025

Amazon is cutting jobs in its devices and services unit, which was previously hit with layoffs in 2022 and 2023.…

The world’s best airport is building a mega terminal to ride the travel boom in Asia
Economy

The world’s best airport is building a mega terminal to ride the travel boom in Asia

May 15, 2025

Changi's Terminal 5 is just the latest instance of countries around Asia splurging on their airports so as to capture…

CoreWeave beats on revenue, reports more than 400% growth in first earnings after IPO
Economy

CoreWeave beats on revenue, reports more than 400% growth in first earnings after IPO

May 15, 2025

CoreWeave's revenue growth slowed from the feverish pace in 2024, but is still benefiting from the artificial intelligence boom. ...

Boeing inks record-breaking deal for Qatar Airways to buy up to 210 planes
Economy

Boeing inks record-breaking deal for Qatar Airways to buy up to 210 planes

May 15, 2025

Boeing's business has been beset by issues and disrupted by Trump's trade war with China, which stopped accepting plane deliveries…

Chuck Schumer to block Trump DOJ nominees over Qatari jet
Economy

Chuck Schumer to block Trump DOJ nominees over Qatari jet

May 13, 2025

Trump's plan to accept the luxury jet has draw pushback from Democrats, and even some Republicans, who are are slamming…

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Crypto World

1
Cryptocurrency

Flow details December exploit that led to $3.9M in losses due to counterfeit tokens

January 7, 2026

The Flow Foundation on Tuesday published a technical post-mortem detailing a protocol-level exploit that occurred on Dec. 27, when an attacker was able to counterfeit tokens on the network, resulting in about $3.9 million in…

2
Cryptocurrency

Bitchat dev shrugs off Uganda’s threat to block app: ‘Good luck mate’

January 7, 2026

One of the developers of Jack Dorsey’s decentralized messaging app Bitchat has cast doubt on Uganda’s threat to shut down the app ahead of the country’s presidential election.On Monday, the Uganda Communications Commission executive director,…

3
Cryptocurrency

US community banks join campaign to shut a GENIUS Act ‘loophole’

January 7, 2026

A group of US community bankers is pressuring Congress to change the GENIUS Act to close a supposed “loophole” that allows yield-generating stablecoins to undercut banks.The American Bankers Association’s Community Bankers Council said in a…

4
Cryptocurrency

Bitcoin enters ‘strength’ phase, but $100K debate heats up between traders

January 5, 2026

Bitcoin (BTC) is attempting to transition into a phase of “strength” after weeks of range-trading between $90,000 and $86,000. While the technical structure has improved, BTC traders debate whether the move has momentum or risks…

Economy

Economy

Elon Musk’s xAI raises $20 billion from investors including Nvidia, Cisco, Fidelity

January 7, 2026
Economy

Berkshire Hathaway lifts new CEO Greg Abel’s salary to $25 million

January 7, 2026
Economy

Trump says Venezuela to give up to 50 million barrels of oil to U.S.

January 7, 2026
Economy

Pentagon to cut Sen. Mark Kelly’s military retirement pay over ‘seditious’ video: Hegseth

January 5, 2026
Economy

JPMorgan forms special advisory group to share some of bank’s ‘secret sauce’ with clients

January 5, 2026
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