Economics

Ex-intern becomes billionaire in Australia pharmacy merger

Mario Verrocchi, who rose from intern to become Chemist Warehouse CEO, is now wo...

Alibaba shares surge to highest since 2022 on AI rally

China's AI frenzy marks a surprise reversal of fortunes for Alibaba.

State Department might buy $400 million worth of ‘armor...

Elon Musk, head of the DOGE and CEO of Tesla simultaneously, has said he will po...

‘We are a speck of dust’: CEO of $80 billion DoorDash r...

DoorDash's CEO argues his company has plenty of room for growth in its core rest...

Robinhood hits record $1 billion in Q4 revenue, boosted...

The online brokerage’s stock soared in 2024 as investors flooded back into crypt...

Trump wants lower interest rates to go ‘hand in hand’ w...

Wall Street is reckoning with the possibility the Federal Reserve will stand dow...

Goldman Sachs gobbles up Bitcoin and Ethereum as crypto...

The investment bank isn't the only Wall Street titan gobbling up crypto.

CFPB heads of supervision and enforcement announce resi...

The resignations add further to uncertainty at the CFPB, which has been targeted...

BYD shares hit record high after EV maker rolls out dri...

Advanced smart driving will become a standard safety feature similar to seatbelt...

We asked 10 travel agents: What's the top under-the-rad...

Travel specialists weigh in with the most underrated places to visit, along with...

L.A. wildfire victims face financial anxiety amid recov...

The wildfires that tore through Los Angeles have left residents with ample finan...

Will 2025 finally mark the end of the IPO drought?

Nasdaq president Nelson Griggs discusses the decline of companies going public a...

Trump names Treasury Secretary Scott Bessent acting dir...

Bessent, a former hedge-fund manager, was confirmed as head of the Treasury Depa...

Alphabet-backed fintech GoCardless halves losses, targe...

GoCardless reported a net loss of £35.1 million in the full year ending June 202...

UBS shares retreat 6% as fourth-quarter profit beat, $3...

UBS revealed plans for up to $3 billion of share repurchases over the course of ...

HR unicorn Deel prepares for IPO as soon as 2026 after ...

Human resources software firm Deel said it has hit an annual revenue run rate of...

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