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business news

Where to stay in India? These 8 former palaces are now hotels

by Betti Alver

The Maharajas of India’s past built magnificent palaces as a symbol of their power. But in 1971, India abolished “privy purses,” or governmental payments made to these rulers. Several of …

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Stripe, Shopify, H&M spend $7 million on carbon removal via Frontier

by Claribel Alegria

Zoom In IconArrows pointing outwards Airhive is one of the dozen companies Frontier has facilitated carbon removal purchases from on behalf of Stripe, Shopify and H&M. Airhive is developing a …

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

by Adam Aitken

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 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

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

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

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, 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

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

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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