Latest Business News & Archive

Comcast Stock Plunges After It Reports Losing 139,000 Broadband Customers: 'Disappointing'

The number of lost customers was higher than the 100,000 the company last month indicated that it expected.

Trump Blames 'Diversity' For Deadly Washington Airliner Collision

Two rescue boats pull debris from the water after a US passenger jet and a military helicopter crashed over the Potomac River near Reagan National Airport in Washington

US President Donald Trump -- speaking as the bodies of 67 people were being pulled from Washington's Potomac River -- launched an extraordinary political attack Thursday, blaming diversity hires for the midair collision between an airliner and a military helicopter.

Merkel Slams Successor Over Far-right Support On Immigration Bill

Angela Merkel said her successor's tactical move was 'wrong'

Germany's ex-chancellor Angela Merkel weighed in Thursday on a controversy flaring ahead of February elections, slamming her party successor for relying on far-right support on the flashpoint issue of immigration.

BIWC Group: Unveiling the Shadows of corporate deception

In the cutthroat world of business, trust can often be elusive, and it can take a team of skilled professionals to expose deception and protect the innocent. This is where BIWC Group enters the stage; a business intelligence agency led by ex-Israeli special forces with a global network of contacts and an almost endless outreach.

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Qatar's Emir Sheikh Tamim bin Hamad Al-Thani (L) is welcomed by Syria's interim president Ahmed al-Sharaa upon his arrival in Damascus

Syria, Qatar Discuss Reconstruction During Emir's Visit

Syrian Foreign Minister Asaad al-Shaibani said discussions with a Qatari delegation in Damascus Thursday included reconstruction in the war-torn country, during the first visit by a head of state since Bashar al-Assad's ouster.

Europe's economy is stagnating compared to faster growing rivals the United States and China

France, Germany Stall Eurozone Growth In Fourth Quarter

Eurozone growth slowed to a halt in the fourth quarter last year, dragged by contractions in major powers Germany and France which were held back by economic headwinds and political instability.

French Prime Minister Francois Bayrou's government has lowered the country's economic growth forecast for 2025

French Economy Shrinks As Political Crisis Eclipses Olympic Boost

The French economy grew 1.1 percent in 2024 but shrank in the fourth quarter as a political crisis gripped the country after a boost from the Paris Olympic Games, official data showed Thursday.

A Zagreb grocery store during the nationwide shopping boycott in Croatia on January 24

Fury Over Prices In Croatia Sparks Growing Retailer Boycotts

Fed up with paying ever increasing prices at grocery stores and shopping outlets, Croatians have begun channeling their anger into a nascent boycott movement targeting retailers that shows signs of spreading across the Balkans.

Almost 80 percent of cars made in the UK last year were exported, mostly to the European Union, according to industry data

UK Car Sector Fears For Trump Tariffs As Output Falls

Britain's vehicle production slid below one million units last year as the sector transitions to electric cars, an industry body said Thursday as it warned over US President Donald Trump's tariff threats.

US President Donald Trump has threatened key trading partners, including the EU, with hefty tariffs

ECB To Look Past Trump Risk And Push On With Rate Cuts

Despite US President Donald Trump's sabre-rattling, the European Central Bank is set to press on with interest rate cuts Thursday as officials increasingly voice confidence that the fight against inflation is on track.

Israel will cut ties with UNRWA, the UN agency for Palestinian refugees, on Thursday following accusations it provided cover for Hamas militants

Israel Cuts Ties With UN Aid Agency Supporting Palestinians

Israel will cut ties with the UN agency for Palestinian refugees on Thursday following accusations it provided cover for Hamas militants, a move likely to hamper delivery of its vital services after 15 months of war in Gaza.

Multiple agencies responded to the reported collision of a passenger jet and military helicopter over the Potomac River in Washington

Passenger Plane Collides With Helicopter Near Washington Airport

A regional passenger plane from Kansas crashed into Washington's chilly Potomac River after colliding mid-air with a military helicopter near Reagan National Airport on Wednesday, officials said, prompting a major emergency response and grounding of all flights.

The United Nations says more than 376,000 displaced Palestinians have returned to north Gaza since Monday.

Israel, Hamas Poised For Third Hostage-prisoner Exchange

Israel and Hamas were set to carry out their third hostage-prisoner exchange on Thursday, with three Israelis and five Thai captives slated for release as part of a ceasefire deal aimed at ending the Gaza war.

The Federal Reserve stood pat on interest rates, as expected, but did not offer hints on when it could resume cutting

Asian Markets Diverge In Thin Trade, With AI Impact In Focus

Asian equities were mixed in another holiday-thinned trading day Thursday, with investors digesting broadly positive tech earnings that came days after the upheaval caused by China's DeepSeek explosion onto the global AI scene.

Meta, the parent company of Facebook, Instagram, and WhatsApp saw its net income soar 59 percent to $62.36 billion in 2024

Meta Posts Big Profit, Plans Massive AI Investment

Social media giant Meta on Wednesday reported surging profits and revenue for 2024, announcing ambitious plans to expand its artificial intelligence infrastructure in the year ahead.

Tesla projected a return to volume growth in 2025 after production fell in 2024

Tesla Results Miss Estimates, Citing Lower Vehicle Prices

Tesla reported lower than expected profits Wednesday, citing declining vehicle prices as a factor as it projected a return to volume growth in 2025.

Microsoft executives say they are on pace to spend $80 billion this fiscal year on artificial intelligence and are innovating to help customers make money from the technology

Microsoft Profit Rises But Cloud Business Misses Mark

Microsoft on Wednesday reported profits of $24.1 billion in the recently ended quarter, but shares slid on worries over its vital cloud computing business.

Ahmed al-Sharaa, who was named Syria's interim president on Wednesday, has taken the helm since his Islamist group Hayat Tahrir al-Sham led a rebel offensive that toppled Bashar al-Assad last month.

Syria Authorities Name Sharaa Interim President: State Media

Syria's new authorities announced Wednesday that Ahmed al-Sharaa, who took the helm after Bashar al-Assad's ouster last month, has been appointed interim president and tasked with forming a transitional legislature, state media reported.

Alibaba is a key player in China's expansive digital economy and the operator of a major online shopping platform

Alibaba Says Its New AI Model Is Better Than DeepSeek

Alibaba has launched Qwen 2.5-Max, an upgraded AI model it claims outperforms OpenAI's GPT-40, DeepSeek-V3, and Meta's Llama-3.1-405B, reported Yahoo! Finance.

Ranking Member Devin Nunes (R-CA), speaks during the House Permanent Select Committee on Intelligence annual World-Wide Threat Hearing at the U.S. Capitol in Washington, U.S., April 15, 2021.Tasos Katopodis/Pool via

Trump Media Plans To Expand Into Financial Services To Go After 'Woke Corporations'

Truth.Fi, is a new investment brand focused on investment products and decentralized finance including cryptocurrency.

The emergence of DeepSeek's lower cost breakthrough particularly threatens US-based AI leaders like OpenAI and Anthropic, which have invested billions in developing leading AI models

With China's DeepSeek, US Tech Fears Red Threat

The emergence of the DeepSeek chatbot has sent Silicon Valley into a frenzy, with calls to go faster on advancing artificial intelligence and beat communist-led China before it is too late.

More than 280 Romanians fighting alongside Congolese forces have surrendered to M23 in the Rwandan border town of Gisenyi, accoring to Rwanda's army

Romanian Security Contractors Surrender Amid DR Congo Fighting

Dozens of Romanian security contractors in the eastern DR Congo crossed the border into neighbouring Rwanda on Wednesday to surrender to authorities following days of deadly fighting, according to Kigali.