Business
‘We repeated ignition’: Lab behind nuclear fusion breakthrough duplicates success after months of near-misses
The US government lab that last year reached a long-sought milestone in nuclear fusion — achieving a controlled reaction that...
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No more freebies: Companies crack down on customer perks and rewards
Shoppers at Brickell City Centre in Miami, Florida, US, on Wednesday, June 14, 2023. Eva Marie Uzcategui | Bloomberg | Getty...
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Harvard reworks essay requirements after affirmative action ban, emphasizes life experiences
Harvard College is changing its essay requirements for high school seniors applying for admission, nodding to the recent Supreme Court ruling that...
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Goldman Sachs’ future hinges on a low-profile, high-growth business
David Solomon, Chairman and CEO, Goldman Sachs, participates in a panel discussion during the annual Milken Institute Global Conference at...
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Famed activist investor Carl Icahn promises a ‘reset’ as his company’s shares plunge as much as 37%
Carl Icahn slashed his company’s quarterly payouts in half and pledged to “stick to our knitting” in another substantive move...
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Astra conducts layoffs, raises debt and shifts focus to spacecraft engines in bid to survive
An Astra Spacecraft Engine during testing.AstraStruggling space company Astra is cutting 25% of its workforce, the company announced Friday, and...
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‘An invisible epidemic’: America’s workers are going hungry as food insecurity bites
The last few years have disrupted the workplace as we know it. Overnight, phrases like “the Great Resignation” and “quiet...
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Hasbro sells off costly production studio, taking a page from Mattel’s playbook
A Hasbro Monopoly board game arranged in Dobbs Ferry, New York, Feb. 6, 2022.Tiffany Hagler-Geard | Bloomberg | Getty ImagesFour...
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‘Crocodile of Wall Street’ spouse pleads guilty in Bitcoin heist tied to Bitfinex hack
The husband of a social media rapper who dubbed herself the “Crocodile of Wall Street” pleaded guilty to money-laundering conspiracy...
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Foreign buyers are bailing on the U.S. housing market. Here’s why
International buyers are pulling back from the U.S. housing market, as high mortgage rates, soaring home prices, a meager supply...
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