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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

Tether USDt hits record $187B market cap in Q4 despite crypto downturn

February 5, 2026

Tether’s dollar-pegged stablecoin USDt expanded to a record $187.3 billion market capitalization in the fourth quarter of 2025, even as the broader crypto market slid following October’s liquidation cascade.According to its latest quarterly report, the…

2
Cryptocurrency

Coinbase fends off Nevada’s emergency bid to halt prediction markets

February 5, 2026

A Nevada state court denied regulators’ request for an emergency temporary restraining order (TRO) to immediately halt Coinbase’s new prediction market offering.Instead, the court set a hearing for next week so the exchange can respond,…

3
Cryptocurrency

Bitcoin ETFs extend losses with $545M outflows as BTC nears $70K

February 5, 2026

Bitcoin exchange-traded funds (ETFs) extended losses on Wednesday amid BTC price approaching the $70,000 mark, adding to mounting pressure across digital asset markets.According to data from SoSoValue, spot Bitcoin (BTC) ETFs recorded $545 million in…

4
Cryptocurrency

Tian Ruixiang plans to acquire up to 15K Bitcoin in equity-linked deal

February 4, 2026

Tian Ruixiang Holdings Ltd (Nasdaq: TIRX) said it has entered a strategic agreement under which an unnamed investor would contribute 15,000 Bitcoin in exchange for an equity stake in the company. At Bitcoin’s (BTC) price of…

Economy

Economy

World’s largest jeweler jumps as CEO says firm wants to pivot from silver

February 5, 2026
Economy

Paul Weiss chairman Brad Karp resigns after Jeffrey Epstein email disclosures

February 5, 2026
Economy

Sweden’s Volvo Cars on track for worst trading day ever as shares plunge over 18%

February 5, 2026
Economy

Nvidia’s Jensen Huang denies OpenAI deal rumors: ‘There’s no drama’

February 3, 2026
Economy

Nvidia, OpenAI appear stalled on their mega deal. But the AI giants still need each other

February 3, 2026
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