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18Dec

US inflation hits 18-month high, tariffs deepen cost-of-living pain

U.S. consumer prices likely increased by the most in 1-1/2 years in the year to November, economists predicted, which would underscore the worsening affordability challenges confronting Americans that have been…

18Dec

Oprah Winfrey; The Business Architect

The Power Move That Started It All Oprah Winfrey’s rise is often told as a story of fame, but her biggest transformation began the day she founded Harpo Productions in…

18Dec

Investor Profile: Alfred Lin

Alfred Lin Investor, Sequoia Age - 53 Residence - San Francisco, California Citizenship - United States Education - Bachelor of Arts/Science, Harvard University; Master of Science, Stanford University Rank -…

18Dec

China launches $113 billion free-trade experiment on Hainan island

China on Thursday split off a Belgium-sized island with an economy comparable to a mid-ranked country from the mainland for customs processing, part of a bid to join a major…

18Dec

Elliott Management Takes $1B+ Stake in Lululemon

Activist investor Elliott Management has amassed a stake of more than $1 billion in Lululemon Athletica and is lining up a potential CEO candidate as it pushes to revive the…

18Dec

Trump Says Next Fed Chair Must Cut Rates “By a Lot”

U.S. President Donald Trump said on Wednesday the next chairman of the U.S. Federal Reserve will be someone who believes in lower interest rates "by a lot." "I'll soon announce…

18Dec

Apple opens iPhones to alternative app stores in Japan under new competition law

Apple on Wednesday said it has opened iPhones to alternative app stores in Japan to comply with new laws aimed at stoking competition in that country's smartphone market. Under Apple's…

18Dec

Citi names Ryan Ellis head of markets sales for Australia and New Zealand

Citi has appointed Ryan Ellis as head of market sales for Australia and New Zealand, covering financial institutions and corporates, according to an internal memo. Ellis, who has led Australia…

18Dec

AbbVie, other drugmakers to cut prescription prices in deal with US government

AbbVie and several other drugmakers are expected to announce on Friday agreements with the U.S. government to lower certain prescription drug prices and meet other demands made by President Donald…

18Dec

Nvidia board member Harvey Jones sells over $44 million in company stock

Nvidia board member Harvey Jones sold more than $44 million worth of company stock, a regulatory filing showed on Wednesday. Jones, who has served as a director at the chipmaker…

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