The Bank of England building in London. Annual inflation in Britain climbed to 5.5 percent in January, outpacing wage growth. Credit…Henry Nicholls/ReutersThe Bank of England raised interest rates to their prepandemic […]
Business
Trending topics and news from the Business category
Back to news homeStarbucks C.E.O. Retires, and Howard Schultz Steps In as Interim
“A year ago, I signaled to the board that as the global pandemic neared an end, I would be considering retirement from Starbucks,” Mr. Johnson said. Starbucks said he would […]
Chris Cuomo Seeks $125 Million From CNN
The former cable news anchor Chris Cuomo is seeking $125 million from CNN for what his lawyers claim was wrongful termination when the cable news network fired him in December.In […]
Apple execs on developing Mac Studio and Studio Display for the other pros
The seeds of the Mac Studio were planted 5 years ago next month when, in a rare candid admission of misstep, Apple said it was pushing the reset button on […]
Legal eagles Anita Koumriqian and Lindsey Mignano share top VC financing and immigration tips at TC Early Stage
All early-stage startup founders face countless challenges as they work to build, launch and scale a successful business. But confusing U.S. immigration and visa policies present an additional, dense layer […]
Upstash snags $1.9M seed to build serverless data platform for Redis and Kafka
When it comes to data-intensive applications, setting up the infrastructure is expensive and time-consuming. You’re often paying for resources you aren’t using, even in the cloud. That’s where serverless plays […]
Amazon completes $8.5 billion acquisition of MGM
Amazon has closed its $8.5 billion acquisition of MGM, the company announced on Thursday. The completion of the transaction will see more than 4,000 films and 17,000 TV shows become […]
TikTok is expanding the pilot of its Stories feature
TikTok is expanding the pilot of its Stories feature, which the platform previously confirmed was in testing last summer. Like an Instagram story, TikTok Stories last for 24 hours before […]
Why Russian people need tech companies to stay, not withdraw: It’s terrifying ‘how dark that place could become’
Though some Ukrainian officials have called for tech platforms to cut ties with Russia, internet freedom advocates say that could have unintended consequences. Read More
S&P 500 rises in volatile trading, as Wall Street tries to build on monster 2-day rally
The S&P 500 fell Thursday after a two-day rally as investors digested the latest news out of Ukraine. Read More