Imagine a single entity that could boost Europe's tech scene by making it easier for startups to navigate and grow. That's the idea behind EU Inc, a unified startup body supported by some of Europe's top tech leaders. Patrick Collison of Stripe, Taavet Hinrikus of Wise, and Eléonore Crespo of Pigmen
Nike has a new leader at the helm—Elliott Hill. He started his job on Monday, taking over a company facing tough times. Sales are down, and the stock price isn't looking great. Hill, a long-time Nike employee, retired in 2020 but is now back to steer the company through these choppy waters. Nike's
On October 14, 2024, three U.S.-based economists won the Nobel Prize in Economic Sciences. The winners, Daron Acemoglu and Simon Johnson from MIT, along with James Robinson from the University of Chicago, were recognized for their work on how institutions shape a country's wealth. Their research exp
Ever wondered why some countries are wealthy while others struggle with poverty? Three professors from the US, including two born in the UK, have just won the Nobel Prize in Economics for figuring out part of the answer. They found that the political and economic systems set up by colonisers hundred
Waking up to a bullish crypto market, stocks linked to digital currencies took off. Bitcoin hit a high of over $64,000, sparking a rise in companies like MicroStrategy and Mara Holdings, with each jumping over 5%. Coinbase wasn't left behind, climbing over 3%. Meanwhile, Flutter Entertainment, the p
Meet the economists Daron Acemoglu, Simon Johnson, and James Robinson - they just won the Nobel Prize for their fascinating work on global economic inequality. These guys are from MIT and the University of Chicago, but none of them were born in the US. They've been looking into how colonialism shape
It's been over a month since Boeing's machinists started their strike, rejecting a contract offer from the company. The ongoing standoff is causing Boeing's new CEO, Kelly Ortberg, some serious headaches. The union and Boeing are still at odds, with negotiations falling apart and production coming t
Hollywood is in the midst of a real-life power struggle. The entertainment industry is facing major CEO changes, and it's not always going smoothly. Take Sony, for example. The transition from Tony Vinciquerra to Ravi Ahuja seems to be a rare success story. But this isn't always the case. Just look
Warren Buffett’s Berkshire Hathaway has boosted its investment in SiriusXM, now holding 32% of the company. This increase comes after John Malone's Liberty Media restructured its media empire, including combining tracking stocks with SiriusXM. Berkshire started buying SiriusXM shares in 2024, possib
So, you thought you were drinking zero sugar lemonade? Think again! Coca-Cola recently discovered that some cans of Minute Maid Zero Sugar Lemonade actually contain real sugar. Yep, you heard it right! An error during production led to over 13,000 cases being shipped out incorrectly. This isn't just
