We now know who won the contest to attend an intimate dinner with President Donald Trump by buying his cryptocurrency — and he’s a familiar face to Securities and Exchange Commission regulators and law enforcement officials. Justin Sun, a Chinese-born crypto entrepreneur, confirmed in an X post Tuesday that he was…
Raising prices on consumers to cover the costs of President Donald Trump’s tariffs will be Target’s ‘very last resort,’ CEO Brian Cornell said Wednesday. The remarks came as Target reported weaker-than-expected sales in its first quarter and cut its full-year forecast. The retailer, whose business hasn’t fared as well against…
Influential investor Warren Buffett has requested “confidential treatment” from the Securities and Exchange Commission for “one or more” stocks that his conglomerate bought in the first quarter.Berkshire Hathaway Inc. omitted the said holding from its latest 13F filing with the US regulator, and the “Oracle of Omaha” is not expected…
According to a new YouGov/Economist poll, inflation and high prices continue to be a top concern among most American voters, with 25% citing it as the single most significant issue facing the country.The findings highlight the ongoing discomfort among consumers, who are still feeling the effects of the previous inflation…
The Argentina government shut down the investigation task force assigned to investigate the Libra crypto scandal involving Argentina President Javier Milei and his sister. The task force shut down after completing its objectiveArgentina’s Ministry of Justice said the Unidad de Tareas de Investigación (UTI) was shut down after its objective was…
“I don’t follow BYD” – that’s what Elon Musk said in a recent interview with CNBC.The billionaire chief executive of Tesla Inc (NASDAQ: TSLA) also went on to state that he doesn’t think about competitors at all. His entire focus is solely on making the TSLA product as perfect as…
India is on the brink of a coffee revolution—one that’s brewing not only in the growing number of artisanal cafés and international coffee chains sprouting across the country, but also in homes, as more consumers embrace the idea of brewing coffee themselves to bring the addictive aroma indoors.According to Redseer…
Shares of Chinese electric vehicle giant BYD surged to a record high in Hong Kong on renewed investor optimism, widening the premium over its Shenzhen-listed shares to an all-time high.The stock jumped as much as 4.4% in Hong Kong, pushing its price to over 5% higher than its mainland counterpart,…
In the span of a few days, the relations between the US and Europe on the war in Ukraine have fractured. Following a phone call with Vladimir Putin, Trump dropped the US demand for an immediate Russian ceasefire, pushed for bilateral talks between Ukraine and Russia, and dismissed new sanctions altogether.European…
Marks & Spencer Group Plc has warned that a cyberattack which disrupted its systems for more than three weeks will lead to a £300 million hit to its operating profit this fiscal year. The British retailer, which had recently been delivering on a high-profile turnaround, said it is attempting to…