So this is what they mean by a shell game. For nearly a decade, oil industry titan Shell sold millions of carbon credits linked to CO2 removal that never actually occurred, according to a Financial ...
After the sugar rush comes the crash. Cocoa prices plunged almost 30% in the past week after a rally that pushed prices nearly 80% higher to start the year. And yet prices are still so elevated that ...
Sunday marks the final day of Japan’s Ōgon Shūkan, or Golden Week. The celebration commemorates four national holidays including one all about the joy of kids, which is somewhat ironic for an aging ...
The kid doesn’t stay in the picture. Paramount Global held its first-quarter earnings call on Monday, and at least one notable name wasn’t present: CEO Bob Bakish. As the media conglomerate very ...
General Catalyst, the influential Silicon Valley VC firm with investing hits including Stripe and Snap, closed a nearly $6 billion fund, sources told the Financial Times over the weekend. It’s a sign ...
UBS is having severe indigestion problems. It’s been about a year since the Zürich-based financial giant somewhat begrudgingly agreed to acquire beleaguered compatriot Credit Suisse as part of a state ...
TikTok can tick Universal Music Group off its enemy list. Four months ago, the music giant pulled all its music off TikTok, saying the social media platform paid artists a pittance. Now the two ...
Where’s the beef? In the discount aisle. Beef prices have taken a tumble as commodity traders anticipate US demand will weaken due to avian flu affecting the country’s cattle herd, the Financial Times ...
Microsoft wants to test its AI models’ mettle. The company is seeking to patent a system for “model capability extraction.” Microsoft’s patent details a system that can test what a large language ...
Could China be looking at its own version of an SVB-like meltdown? Over the weekend, the Financial Times reported that Chinese authorities are concerne ...