Latest stories, analysis, and insights from the world of business.
SoftBank Group Corp. shares climbed to a record high on Monday, driven by investor optimism surrounding potential initial public offerings of the Japanese conglomerate's major holdings in OpenAI and SB Energy Corp, which could generate substantial returns on its investments.
Stone Creek Ranch in Delray Beach, Florida has become an exclusive enclave for ultra-wealthy residents like Mark Wahlberg and Rockstar Energy founder Russell Weiner, attracting billionaires with its promise of privacy through armed security and large isolated estates rather than traditional luxury amenities.
Hippo Insurance's CEO shares insights on adopting a growth mindset and the strategic lessons learned during the company's business turnaround.
Hippo's CEO Richard McCathron explains how a major corporate turnaround taught him that sustainable growth requires discipline and resilience over Silicon Valley's growth-at-all-costs philosophy, especially in industries like insurance where fundamentals matter more than scale.
An Austin Italian restaurant is responding to inflation and declining dining out by offering customers a weekly "pay-what-you-will" promotion, allowing diners to choose their own prices for food as Americans increasingly opt to stay home due to rising costs.
Baby Boomers' reluctance to retire or downsize homes is creating generational bottlenecks in labor markets, housing supply, and institutional leadership that threaten economic opportunity for younger generations. As Boomers age out, their absence from the labor market will trigger worker shortages while their control of family-sized homes exacerbates millennial housing affordability crises.
SpaceX is preparing to list its shares on Nasdaq in what is expected to be the largest IPO in history, potentially making Elon Musk the world's first trillionaire and marking a defining moment for the private space industry.
Global oil markets are nearing minimum operating levels in Asia due to the Iran war, with Europe facing similar strains within weeks and the U.S. potentially experiencing shortages by July, warns Carlyle's chief strategy officer Jeff Currie.
Singapore's economy grew 6 percent year-on-year in the first quarter, surpassing forecasts as robust AI chip demand outweighs the economic fallout from the US-Israel war on Iran and Middle East shipping disruptions.
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Oil markets are nearing minimum operating levels in Asia with Europe and the U.S. potentially facing shortages by July, as the Iran war disrupts global energy supplies and strains inventory levels worldwide.
La Caisse's infrastructure arm, Plenary Americas LP, has agreed to acquire Canadian database company ISC and take it private for $872 million, with the deal expected to close in Q3.
Oil prices have fallen sharply on hopes of a US-Iran peace deal that could reopen the key Strait of Hormuz shipping route and end the conflict that started in February 2026. Asian stock markets rose as traders anticipated the end of energy supply disruptions.
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Oil prices have fallen sharply amid tentative hopes for a deal to end the US-Israeli war on Iran, with Brent crude dropping about 5 percent on Sunday as President Trump gave mixed signals on prospects for a permanent resolution to the conflict.
Oil prices surge following a US-Iran ceasefire agreement that enables the reopening of the crucial Hormuz Strait, signaling a potential shift in Middle East tensions and global energy markets.
Oil prices fell sharply as the U.S. and Iran moved closer to a diplomatic agreement that could lead to reopening the Strait of Hormuz, though key differences over Iran's nuclear program and asset freezes remain unresolved.
Crude oil prices fell more than 4-5% after President Donald Trump indicated that talks with Iran to reopen the Strait of Hormuz are advancing, with West Texas Intermediate futures dropping to $91.65 per barrel and Brent crude falling to $98.30 per barrel.
Uber is considering raising its takeover bid for Delivery Hero after approaching a major shareholder with a €38-per-share proposal valuing the food delivery company at over €11.5 billion, which was rejected.
Swedish intelligence analysis reveals Russia's economy has contracted by 8% from 2020-2024, contradicting Kremlin claims of 13% growth, while real inflation is estimated at 15% rather than the official 5.2%, indicating growing economic fragility and elite alarm.