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October 26, 2025
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Business

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The ‘menopause penalty’: Many women in midlife see a drop in wages, new study finds

Robbie Ku7 months ago08 mins

[ad_1] Women already make just 84 cents to a man’s dollar. They also face additional earnings losses, should they become mothers, in the form of what’s been called the “child penalty”—with recent findings indicating a loss up to $500,000 over a 30-year career. Now comes a study asserting that women experience yet another drop in…

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  • Business

Blackstone mulls acquiring small stake in TikTok’s US business: report

Robbie Ku7 months ago01 mins

[ad_1] Justin Sullivan Blackstone (NYSE:BX) is considering acquiring a small minority stake in the U.S. operations of TikTok, Reuters reported Friday, citing two people familiar with the matter. According to the report, the private-equity firm is talking about joining current non-Chinese shareholders in [ad_2] Source link

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  • Business

China-owned British Steel warns of 2,700 job losses from blast furnace closures

Robbie Ku7 months ago06 mins

[ad_1] Zekelman Industries Chairman and CEO Barry Zekelman, one of the largest steel producers in North America, says tariffs can boost domestic manufacturing and jobs. Steelmaker British Steel said it could close its two blast furnaces as soon as June with the potential loss of up to 2,700 jobs. U.S. tariffs and environmental costs threaten…

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  • Business

Russian drone attack kills four, injures 15 in Ukraine's Dnipro

Robbie Ku7 months ago01 mins

[ad_1] Russian drone attack kills four, injures 15 in Ukraine's Dnipro [ad_2] Source link

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  • Business

Elon Musk’s artificial intelligence group buys X for $45bn

Robbie Ku7 months ago04 mins

[ad_1] Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Elon Musk’s artificial intelligence group xAI has purchased social media platform X for $45bn, as the billionaire entrepreneur brings together two of his flagship businesses.   “xAI and X’s futures are intertwined,” Musk said…

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  • Business

Musk says his xAI startup bought X at $33 billion valuation

Robbie Ku7 months ago05 mins

[ad_1] Billionaire Elon Musk said his xAI artificial intelligence startup has acquired the X platform at a valuation of $33 billion, marking a surprise twist for the social network formerly known as Twitter.  “The combination values xAI at $80 billion and X at $33 billion,” he wrote in an X post on Friday. The X…

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  • Business

US judge blocks Trump administration from shutting down CFPB (US10Y)

Robbie Ku7 months ago01 mins

[ad_1] Anna Moneymaker/Getty Images News Update 6:45 p.m. Adds comment from National Treasury Employees Union attorney. A federal judge on Friday blocked the Trump administration from effectively shutting down the Consumer Finance Protection Bureau. U.S. District Judge Amy Berman Jackson issued a preliminary injunction to preserve [ad_2] Source link

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  • Business

Airbnb co-founder Joe Gebbia wants to digitize government retirement process: ‘

Robbie Ku7 months ago07 mins

[ad_1] Elon Musk and members of his DOGE team discuss efforts to eliminate waste, fraud and abuse from government and address their critics and more. Airbnb co-founder Joe Gebbia, who has taken a role in the Elon Musk-led Department of Government Efficiency (DOGE), is aiming to digitize the government’s retirement process, calling the current system…

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  • Business

Moody's says UK's moves to restore budget headroom reflect difficult fiscal outlook

Robbie Ku7 months ago01 mins

[ad_1] Moody's says UK's moves to restore budget headroom reflect difficult fiscal outlook [ad_2] Source link

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  • Business

US tells French companies to comply with Donald Trump’s anti-diversity order

Robbie Ku7 months ago05 mins

[ad_1] Unlock the White House Watch newsletter for free Your guide to what the 2024 US election means for Washington and the world The Trump administration has sent a letter to some large French companies warning them to comply with an executive order banning diversity, equity and inclusion programmes. The letter, sent by the American…

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