US: Wall St muted at open after China’s retaliatory tariffs
WALL Street’s main indexes were subdued at the open on Tuesday (Feb 4) as investor appetite for risk waned after China retaliated against new trade restrictions announced by US President…
Archive
The Latest
Trump's Plan to Make European Cars More Expensive Has a Fatal Flaw
President Trump wants Americans to buy fewer European cars and Europeans to buy more American cars. To speed his pipe dream along, on Sunday night he said that new tariffs on EU companies…
How to find and implement the right technology for your business
Not long ago, much of the business world still ran on Rolodexes, fax machines and file cabinets. Today, most of those once indispensable tools have been rendered obsolete and replaced by…
‘Paradise Lost’ Director Joe Berlinger to Helm Present-Day Reimagining of Cold War Thriller ‘Fail-Safe’ (EXCLUSIVE)
Joe Berlinger, the groundbreaking U.S. director known for HBO’s Emmy-winning true crime docuseries “Paradise Lost,” is set to direct a feature film that will reimagine the cold war…
China hits back at Trump’s tariffs, targeting select U.S. imports
China countered President Donald Trump’s across-the-board tariffs on Chinese products with tariffs on select U.S. imports Tuesday, as well as announcing an antitrust investigation into…
‘Fantastic Four’ Trailer: Pedro Pascal Leads Invisible Woman, Human Torch and the Thing in Retro MCU Debut
Marvel has unveiled the first trailer for “The Fantastic Four: First Steps.” The film stars Pedro Pascal (“The Last of Us”) as Mr. Fantastic, Vanessa Kirby (“Napoleon”) as the Invisible…
China Targets PVH Corp. As Trade War Tensions Escalate
Updated 8:49 A.M. E.T. Feb. 4 The Chinese government added PVH Corp. to its list of unreliable entities on Tuesday — hitting the fashion firm with a distinction that until now has been…
Ari Aster’s ‘Eddington,’ Starring Joaquin Phoenix and Emma Stone, Heads to EFM as A24 Eyes Cannes Debut and Summer Release (EXCLUSIVE)
A24 is bringing “Eddington,” Ari Aster‘s hotly-anticipated contemporary Western thriller starring Joaquin Phoenix, Pedro Pascal, Emma Stone and Austin Butler, to the European Film Market…
KKR quarterly profit beats expectation on dealmaking revival
ALTERNATIVE asset manager KKR & Co reported a fourth-quarter profit that beat Wall Street expectations on Tuesday (Feb 4), as a rebound in dealmaking activity boosted its income from asset…
Stéphane de La Faverie Unveils New Organizational Structure and Executive Team to Revitalize Estée Lauder
Shortly after the Estée Lauder Cos. announced plans to cut as many as 7,000 jobs as sales fell 6 percent in the second quarter, it is also reshuffling its top echelons. One month into his…
Twitch has plenty of competition in the livestream economy. CEO Dan Clancy isn’t worried
Business leaders are often reluctant to speak about their competition.It’s rare that you’ll hear Netflix’s Ted Sarandos talk about Disney+, or Skims’s Jens Grede speak about Spanx. It’s…
The Estée Lauder Cos. Announces More Job Cuts
The Estée Lauder Cos. is more than doubling the number of employees it plans to lay off as parts of its profit recovery plan. As the company’s sales fell 6 percent in the second quarter,…
Spotify forecasts profit above estimates on subscriber growth, price increases
In the fourth quarter, premium subscribers rose 11 per cent to 263 million, compared with Visible Alpha estimates of 260 million. SPOTIFY forecast first-quarter profit above market…
Estee Lauder forecasts bleak quarterly profit, to cut up to 7,000 jobs
ESTEE Lauder on Tuesday (Feb 4) forecast third-quarter profit well below estimates, citing persistent weak demand at airports and travel destinations such as Korea and China, while also…
Trump’s cash freeze is making clean energy projects collapse
Last year, when an apple orchard in rural Washington State invested in new cold storage equipment, the price was steep—$187,000. The farm had won a USDA grant that was supposed to cover…
Brian Murphy, ‘Man About the House’ and ‘George and Mildred’ Star, Dies at 92
Brian Murphy, an English actor and comedian best known for his roles in the ’70s sitcoms “Man About the House” and “George and Mildred,” died on Sunday. He was 92. Murphy’s agent confirmed…
Convening EGM is 'waste of money': Sabana Reit internalisation committee
THE internalisation committee and incoming directors of Sabana Industrial Real Estate Investment Trust (Sabana Reit) said on Monday (Feb 3) that they intend to vote against all the…
‘Doctor Who’ Producer Jane Tranter to Chair 50th Edinburgh TV Festival
Jane Tranter has been named advisory chair for the 2025 Edinburgh TV Festival, which also marks the 50th anniversary of its MacTaggart Lecture. The influential TV executive, whose…
This brilliant reusable tray solves the most annoying problem with painting projects
Dried paint was becoming a problem for Billie Asmus. An entrepreneur who was running a small furniture refinishing company from her basement studio, she kept having to toss out paint trays…
Tariffs could deal US$200 million blow to Guinness-owner Diageo in second half
GUINNESS-owner Diageo estimates its operating profit could be dented by roughly US$200 million if US tariffs on Mexico and Canada are implemented in March, its finance chief Nik Jhangiani…
Guinness-owner Diageo scraps medium-term goals as tariffs cloud outlook
GUINNESS-owner Diageo withdrew its ambitious sales growth target on Tuesday (Feb 4), in an acknowledgement a prolonged downturn in demand and uncertainty over US President Donald Trump’s…
‘The Virgin of the Quarry Lake’ Review: Adolescent Envy Turns Deadly in an Atmospheric Argentine Oddity
Whatever summer temperature it is where the average person’s mind begins to warp and melt in the general heat-haze, “The Virgin of the Quarry Lake” is set permanently to that exact degree.…
Temasek and CenterSquare launch US$100 million commercial real estate debt co-investment vehicle
The portfolio continues a strategy across the global real estate investment manager’s debt fund series TEMASEK and CenterSquare Investment Management have launched a US$100 million…
How Cape Town, Melbourne, and other cities confronted major water supply crises
Water scarcity is often viewed as an issue for the arid American West, but the U.S. Northeast’s experience in 2024 shows how severe droughts can occur in just about any part of the…