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SpaceX insider share sale implies an $800 billion valuation as the company readies a blockbuster IPO
13 December 2025 SpaceX logo and Elon Musk silhouette are seen in this illustration taken, December 19, 2022. REUTERS/Dado Ruvic/Illustration Space Exploration Technologies Corp, better known as SpaceX, has once again captured the attention of global investors and financial markets by authorizing an insider share sale that places a preliminary valuation of approximately $800 billion on the company as it prepares for a potential initial public offering in 2026, according to mu
2 days ago4 min read


Copper prices are surging toward $12,000 per ton as demand from AI infrastructure and energy projects explodes
13 December 2025 Copper, long prized for its unmatched electrical conductivity and versatility, is experiencing one of the most dramatic price rallies in its history as 2025 draws to a close. The industrial metal, essential for everything from electric vehicles to renewable energy grids and the sprawling data centres that power artificial intelligence, has climbed about 35 percent this year toward the psychologically significant mark of $12,000 per metric ton. This year’s gai
3 days ago4 min read


Paramount Skydance Throws Down $108.4 Billion Bid for Warner Bros. Discovery in Hostile Takeover Attempt
08 December 2025 In a dramatic new twist to one of the most closely watched bidding wars in Hollywood history, Paramount Skydance launched a hostile all-cash bid for Warner Bros. Discovery worth approximately $108.4 billion. The offer arrives just days after a competing deal saw Netflix win initial approval to acquire key Warner Bros studios and streaming assets, a $72 billion agreement that many assumed would end the bidding process. Paramount’s proposal stands at $30 per sh
7 days ago2 min read


AI Is Rewriting the Rules of Online Shopping for U.S. Retailers
26 November 2025 As artificial intelligence gains traction, American retailers are racing not just to chase consumers but to be discovered by AI. As chatbots and generative-AI assistants increasingly influence how people shop, retailers are shifting their digital strategy from obvious ads and search to building content that these AI systems can surface and recommend. Despite most holiday-season spending still flowing through traditional website visits and search ads, platform
Nov 263 min read


U.S. Retailers Face Cash-Crunch as Penny Production Ends
1 November 2025 Retailers across the United States are grappling with an unexpected operational headache following the decision to cease production of the US one-cent coin. With official minting halted earlier this year, convenience stores, gas stations, fast-food chains and major retailers are finding themselves short on pennies forcing them to reframe how they accept cash and manage change. The shortage stems from a directive by Donald Trump issued in February that instruct
Nov 12 min read


Despite Rapid Uptake of AI, Businesses Say It’s Still More About Retraining Than Layoffs
4 September 2025 Limitless Visions - stock.adobe The rising specter of artificial intelligence has been casting shadows across boardrooms and labor markets for years now. When businesses in the New York-Northern New Jersey region began reporting sharply increased use of AI, anxiety over mass job displacement quietly spread like wildfire. Yet when the Federal Reserve Bank of New York pulled back the curtain on its latest regional business survey, it revealed a far less dramati
Sep 43 min read


Nasdaq Solidifies Lead Over NYSE in First‑Half IPO Bonanza
1 July 2025 Photo: Chime/X Nasdaq asserted its dominance in the U.S. capital markets during the first half of 2025, outpacing the New...
Jul 12 min read


Circle’s Blockbuster IPO Ignites Bullish Analyst Buzz Amid Valuation Caution
30 June 2025 REUTERS/Brendan McDermid Circle Internet Group, issuer of the popular USD Coin (USDC), made waves this June with a striking...
Jun 303 min read


London Business Confidence Rebounds in May
30 May 2025 Justin Ng/Avalon LONDON - In May 2025, business confidence in London experienced a notable resurgence, rising by 10 points to 53%, according to Lloyds Bank's latest Business Barometer. This increase reflects growing optimism among companies regarding their own business prospects and the broader economic environment. Companies in London reported an eight-point increase in confidence about their own business prospects, reaching 57%. Simultaneously, optimism about
May 312 min read


New York Mets Hire USTA CEO Lew Sherr as President of Business Operations
30 May 2025 CEO and Executive Director of USTA Lew Sherr, speaks at a news conference in New York, Monday, May 19, 2025,. (AP Photo/Stefan Jeremiah, File) NEW YORK - The New York Mets have announced the appointment of Lew Sherr, the current CEO and Executive Director of the U.S. Tennis Association (USTA), as their new President of Business Operations. Sherr, who has been with the USTA since 2010 and served as CEO since 2022, will begin his new role with the Mets in July 2025
May 312 min read


London Business Owners Begin Recovery After Devastating Tornado
19 May 2025 A home is destroyed after a severe storm passed the area in London, Ky., on Saturday. Carolyn Kaster/AP In the wake of the catastrophic EF3+ tornado that struck London, Kentucky, on May 16, local business owners are embarking on the arduous journey of recovery. The tornado, part of a larger outbreak affecting multiple states, resulted in significant loss of life and property, with London and the surrounding Laurel County among the hardest-hit areas. The tornado, w
May 312 min read


New York City's Initiatives to Foster Inclusive Business Opportunities
19 May 2025 Credit: Thananit NEW YORK - New York City is actively implementing strategies to broaden economic opportunities, particularly focusing on communities historically marginalized in the business sector. These initiatives aim to create a more inclusive and equitable economic landscape across the five boroughs. The city has intensified its support for Minority and Women-Owned Business Enterprises (M/WBEs), recognizing their vital role in the local economy. Efforts incl
May 311 min read


NYC Closes 1,400 Illegal Smoke Shops, Plans to Revitalize Vacant Storefronts with Legal Businesses.
14 May 2025 Eduardo Munoz/AP NEW YORK - New York City has made significant strides in its campaign against unlicensed cannabis retailers. Since the launch of "Operation Padlock to Protect" in May 2024, nearly 1,400 illegal smoke shops have been shut down, and over $95 million worth of unauthorized cannabis products have been confiscated. Mayor Eric Adams announced the city's next phase: collaborating with property owners to transform these previously padlocked storefronts int
May 311 min read


New York City and Israel Launch Economic Council to Strengthen Business Collaboration
19 May 2025 Photograph: Peter K Afriyie/AP NEW YORK - In a significant move to bolster economic ties, New York City Mayor Eric Adams and Israeli Economy Minister Nir Barkat have announced the formation of the New York City-Israel Economic Council. This initiative aims to enhance business partnerships, support Israeli companies expanding into New York, and promote technological collaboration in sectors such as environmental science and artificial intelligence. The announcement
May 311 min read


Hong Kong and Kuwait Strengthen Ties with Landmark Business Delegation and Bilateral Accords
15 May 2025 Mr Lee (left) meets Amir of the State of Kuwait His Highness Sheikh Meshal Al-Ahmad Al-Jaber Al-Sabah (right) HONG KONG - In a landmark step towards deepening economic and strategic ties, a high-powered delegation of over 50 business leaders from Hong Kong and Mainland China, led by Chief Executive of the Hong Kong Special Administrative Region (HKSAR) John Lee, concluded a successful visit to Kuwait on May 14. The visit saw the signing of 24 memoranda of understa
May 312 min read


Hong Kong's Economy at a Crossroads: John Lee Urges Reform Amid Business Closures
20 May 2025 Chief Executive John Lee remains upbeat about Hong Kong’s economy but urges businesses to reform amid shifting trends and a “transitional period.” Sun Yeung HONG KONG - Despite a visible wave of business shutdowns across Hong Kong, including the abrupt closure of 33-year-old congee chain Ocean Empire, Chief Executive John Lee Ka-chiu remains optimistic about the city’s economic trajectory. Speaking ahead of a weekly Executive Council meeting, Lee called the curren
May 312 min read


From Application to Approval: Reinventing the Loan Process with AI
6 May 2025 Getty images LONDON - Once upon a time, applying for a loan meant paperwork, queues, and long waits, an experience often...
May 312 min read


What London’s Transport Teaches Us About Building a Sustainable Business
13 May 2025 Nicolas Economou/Getty Images Running a business isn’t about perfection, it’s about movement. Systems stall. Deadlines shift. Someone, inevitably, spills coffee on the control panel. But like the London Underground, success lies in how you keep things flowing, not in eliminating every flaw. London’s transport system is a marvel of orchestrated chaos. Trains come and go, people navigate platforms, announcements roll out with clinical regularity, all underpinned by
May 312 min read


Cryptocurrency Exposure Linked to Increased Risk-Taking, Especially Among Financially Strained Individuals
1 May 2025 Unsplash/Kanchanara Digital coin crypto currency. LONDON - new study from the UCD Michael Smurfit Graduate Business School has...
May 312 min read


America’s Business Travel Paradox: Cities Surge Forward, Nation Slides Back
May 17 2025 RomanSlavik/ Shutterstock NEW YORK - Major U.S. cities are bracing for a business travel renaissance. From New York and Los Angeles to Houston and Atlanta, the engines of American enterprise are revving back to life, each city poised to reclaim its place as a magnet for corporate activity. But there's a catch: the nation as a whole is moving in the opposite direction. Despite the optimism across key urban markets: New York City, Los Angeles, Chicago, San Francisc
May 312 min read
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