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business news

Walmart cuts starting pay for new hires who prepare online orders, stock shelves

by Adam Aitken
Walmart cuts starting pay for new hires who prepare online orders, stock shelves

A worker stocks the shelves at a Walmart store on January 24, 2023 in Miami, Florida. Walmart announced that it is raising its minimum wage for store employees in early …

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Carl Icahn supports new Illumina CEO Thaysen after proxy fight

by James Agee
Carl Icahn supports new Illumina CEO Thaysen after proxy fight

Carl Icahn speaking at Delivering Alpha in New York on Sept. 13, 2016. David A. Grogan | CNBC Carl Icahn on Thursday expressed his support for Illumina‘s new CEO Jacob …

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India’s policy contradictions make it harder for investors to crack market

by Betti Alver
India’s policy contradictions make it harder for investors to crack market

An undated editorial illustration of Indian rupee cash bills and a stock market indicator board. Javier Ghersi | Moment | Getty Images When India abruptly announced import restrictions on personal …

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Senators take up looming insurance crisis as issuers leave risky areas

by Peter Abrahams
Senators take up looming insurance crisis as issuers leave risky areas

View of a damaged property after the arrival of Hurricane Idalia in Horseshoe Beach, Florida, August 31, 2023. Julio Cesar Chavez | Reuters WASHINGTON — Low-income policyholders will be hit …

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Gen Z, millennials are most likely to buy travel insurance products

by Leila Aboulela
Gen Z, millennials are most likely to buy travel insurance products

Rome ranked second on a recent list of best travel destinations for a digital detox. Piola666 | E+ | Getty Images Despite inflation, Gen Z and millennials are determined to …

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Elon Musk ripped for disrupting Ukraine attack on Russian navy

by Claribel Alegria
Elon Musk ripped for disrupting Ukraine attack on Russian navy

Elon Musk, Chief Executive Officer of SpaceX and Tesla and owner of Twitter, looks on as he attends the Viva Technology conference dedicated to innovation and startups at the Porte …

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Goldman Sachs CEO David Solomon hopeful about IPOs

by Adam Aitken
Goldman Sachs CEO David Solomon hopeful about IPOs

David Solomon, Goldman Sachs interview with David Faber, September 7, 2023. CNBC The upcoming spate of tech IPOs could help kickstart muted capital markets, Goldman Sachs CEO David Solomon told …

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Former FTX executive Ryan Salame pleads pleads guilty

by Betti Alver
Former FTX executive Ryan Salame pleads pleads guilty

Ryan Salame, former co-chief executive officer of FTX Digital Markets Ltd., exits federal court in New York, on Thursday, Sept. 7, 2023. Stephanie Keith | Bloomberg | Getty Images Former …

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Swedish EV maker Polestar plans own smartphone launch in China

by Francesco Algarotti
Swedish EV maker Polestar plans own smartphone launch in China

A Polestar 4 electric SUV is on display during the 20th Shanghai International Automobile Industry Exhibition at the National Exhibition and Convention Center (Shanghai) on April 18, 2023 in Shanghai, …

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Florida coral bleaching event could go global

by Leila Aboulela
Florida coral bleaching event could go global

Bleached grooved brain coral, center and left, and bleached boulder brain coral on the right. Photo taken on August 1. NOAA, coral reefs, Florida Keys, coral reefs, coral bleaching, climate …

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