Business

The large payouts to associates underscore how competitive the legal market has become © Adam Gray/Bloomberg Mid-level lawyers at some US firms will be paid bonuses of more than $300,000 this month as top firms battle to hire and keep star performers. New York law firm Cahill Gordon & Reindel has announced total bonuses for…

HONG KONG (AP) — By some measures, China’s economy is looking resilient, with strong exports and breakthroughs in artificial intelligence and other advanced technologies. But that’s not how it feels for many ordinary Chinese, who have been enduring the strain from weak property prices and uncertainty over their jobs and incomes. While some industries are…

Love it or hate it, AI is increasingly becoming integral to the way we work. So, like a lot of employees, you’ve started using it for your assignments. That’s great – unless you’re not clear on what defines acceptable versus unacceptable uses of AI for your job and which specific tools your employer has approved…

New York  —  In 2025, shoppers said farewell to a number of well-known retailers. Forever 21 didn’t live up to its name. The celebrations ended at Party City. And it all went wrong for Rite Aid. These stores were just some of the roughly 8,200 locations that shut their doors this year, about 12% more…

Archie MitchellBusiness reporter Getty Images Octopus Energy is set to spin off its Kraken Technologies arm as a standalone company after a deal to sell a stake in the platform valued it at $8.65bn (£6.4bn). The energy giant, Britain’s biggest gas and electricity supplier, has sold a $1bn stake in the AI-based division to a…

And just like that, 2025 is coming to an end. Here at Shop TODAY, we’re reflecting on another year of tracking trends, testing products and crowning award winners. Thousands of products come across our desks in a calendar year, but only a small percentage make the cut when it comes to the very best of…

Proposed Business Combination with Nasdaq-listed EKSO to Form an Accelerated Focused GPU Platform Purpose Built for Next-Generation AI Workloads DALLAS, Dec. 29, 2025 (GLOBE NEWSWIRE) — Applied Digital (NASDAQ: APLD), a designer, builder, and operator of high-performance, sustainably engineered data centers and colocation services for artificial intelligence, cloud, networking and blockchain workloads, and EKSO Bionics…

Satya Nadella has overhauled Microsoft’s senior leadership this year with a raft of changes intended to keep the 50-year-old software giant ahead in the artificial intelligence race after it restructured its relationship with OpenAI. The Microsoft chief has made big hires, such as former Meta engineering boss Jay Parikh, and elevated senior executives, including commercial…

Beside the railroad tracks of Copenhagen’s train station, right in the heart of the Danish capital, stands a red-brick building with an ornate façade and a copper-clad cupola still turning green over time. When it opened in 1912 as the Central Post Building, its grandeur echoed the booming postal and telegraph services that crisscrossed Denmark,…

As tools like OpenAI’s Sora and Google’s Veo make AI video creation more accessible than ever, “AI slop” is also invading YouTube, according to a report by video-editing firm Kapwing. The company created a new YouTube account and tracked the number of AI-generated videos it saw on YouTube Shorts. Of the 500 videos it scrolled…

An iconic fast food chain, known for its curly fries and catchy jingle, “We have the meats,” is quietly shrinking its footprint across the United States. Established more than 60 years ago, Arby’s has closed dozens of its more than 3,600 locations nationwide in 2025, according to QSR Magazine, a quick service industry publication, surprising…

Nvidia stock has soared because of its impressive financial results. We’ll see if it can keep the momentum going in February. Artificial intelligence (AI) and the increased demand for GPUs has driven massive growth in Nvidia (NVDA 0.36%) stock. The chipmaker is currently up an astounding 23,020% over the last 10 years (as of Dec….

In this article META Follow your favorite stocksCREATE FREE ACCOUNT The logo of Meta is seen at the Viva Technology conference dedicated to innovation and startups at Porte de Versailles exhibition center in Paris, France, on June 11, 2025. Gonzalo Fuentes | Reuters Meta Platforms said Tuesday that it has acquired Manus, a Singapore-based developer…

Dec. 29, 2025Updated Dec. 30, 2025, 6:01 a.m. ET The Powerball jackpot for Monday’s drawing is $34 million with a $15.8 million cash value − less than a week after a ticket sold in Arkansas won $1.8 billion on Christmas Eve in one of the richest lottery prizes in U.S. history. To date, no one has claimed last…

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Earlier this year, President Trump ordered the Treasury to end the production of the penny, arguing that the coins cost more to produce than their value and waste taxpayer money. The last batch of pennies were produced by U.S. Mint this summer, and businesses started seeing penny shortages this fall. In response, the Treasury released…

You might have heard of the run-up in silver and gold prices and thought of it as an arcane matter, largely of interest to metals traders. Unfortunately, it’s not. The rush for precious metals should worry us all. It reflects a new and possibly disastrous danger on the horizon. The price of silver has reached…

Amir Orad, chief executive of Kraken, said becoming an independent company would give the business ‘the focus and freedom to scale’ © Kraken Octopus Energy has reached a deal to sell a minority stake in its Kraken Technologies unit, a transaction that would value the software business at $8.65bn and pave the way for its…

Osmond ChiaBusiness reporter Getty Images China has proposed strict new rules for artificial intelligence (AI) to provide safeguards for children and prevent chatbots from offering advice that could lead to self-harm or violence. Under the planned regulations, developers will also need to ensure their AI models do not generate content that promotes gambling. The announcement…

What a difference a year (and a political leadership change) makes. At this time in 2024, Michigan was expecting a windfall of federal funds to fuel a transition to clean energy, along with billions of dollars’ worth of green manufacturing projects subsidized by the Biden administration’s signature climate spending bills. Recommended Videos But since President…

The North Carolina Education Lottery has been giving a steadily smaller share of its money to education, a new audit shows, even as it sets new records for sales. Monday’s report from a private auditing company, contracted by State Auditor Dave Boliek’s office to analyze lottery spending, found that just 16 cents from every $1…

Thousands of pounds of ground beef were recalled after tests confirmed the presence of E. coli, according to the USDA. The affected products, distributed by an Idaho company, were sold in six states, including Washington. PHOTOS | Labels of affected product The Mountain West Food Group issued the recall for the 16-ounce packages of grass-fed…

Aerial view by drone of Tokyo Cityscape with Tokyo Sky Tree visible in Tokyo city, Japan on sunrise. pongnathee kluaythong | Moment | Getty Images Asia-Pacific markets mostly fell Tuesday, after the tech sell-down on Wall Street continued on AI bubble fears. Nvidia shares dropped more than 1% Monday stateside, giving back some of its more…

Artisan Partners, an investment management company, released its “Artisan Value Fund” third-quarter 2025 investor letter. A copy of the letter can be downloaded here. The equity market rally persisted in the third quarter as investors ignored tariffs, buoyed by strong corporate earnings, rising AI investment, and prospects of economic support from US fiscal policy and…

This was a standout year for new bars in Houston, with elevated cocktail lounges opening alongside neighborhood hangouts. Whether you’re after a cold beer while watching the Texans on a Heights patio or a tiny martini inside an emerald-green, celestial-inspired hideaway near the Galleria, these 11 openings defined Houston’s bar scene in 2025. Augustine LoungeHotel…

Mortgage rates have remained largely unchanged since late October, according to Freddie Mac data. You may be waiting to buy a house or refinance your loan until mortgage rates go down. However, according to many experts’ 2026 housing market predictions, rates are likely to decrease only slightly next year. That doesn’t necessarily mean it’s a…

China drafted landmark rules to stop AI chatbots from emotionally manipulating users, including what could become the strictest policy worldwide intended to prevent AI-supported suicides, self-harm, and violence. China’s Cyberspace Administration proposed the rules on Saturday. If finalized, they would apply to any AI products or services publicly available in China that use text, images,…

BitMine (BMNR), led by Chairman Thomas “Tom” Lee, is gearing up to deploy its Made-in-America Validator Network (MAVAN) in early 2026. The US-based Ethereum staking infrastructure is designed to monetize its massive ETH treasury. The company has sparked attention with projections suggesting MAVAN could generate over $1 million per day in ETH staking rewards. However,…

Chip Wilson: ‘Lululemon needs visionary creative leadership to thrive’ © Taehoon Kim/Bloomberg Lululemon’s founder and major shareholder Chip Wilson has nominated three new board directors to oversee the appointment of a new chief executive at the struggling activewear maker, which has been targeted by activist investor Elliott Management. Wilson, who owns an 8.4 per cent…

A popular restaurant in Armstrong County will be closing its doors for good by the end of the year. Owners of the Cadet Restaurant announced over the weekend that it would be closing on New Year’s Eve after more than seven decades of business. “When we revived this place in 2021, the very last thing…