Timef 01/29/2025

The Chinese company DeepSeek seemed to have come out of nowhere this week when it upturned markets. Here’s what to know about the engineer who started it.

Discover actionable local SEO strategies for service-based businesses like pest control or auto glass repair. Boost visibility, reviews and leads with these tips.

The company said it expects to launch products and services under the Truth.Fi brand, including its own investment vehicles, later this year.

1min.AI gives you lifetime access to GPT-4o, Midjourney, Gemini, and more with no recurring costs.

Howard Lutnick, the wealthy financier Trump has picked to lead the Commerce Department, is set to be questioned by the Senate in a nomination hearing Wednesday.

Spirit, which filed for bankruptcy protection in November, called off a deal with Frontier in 2022 after receiving a higher bid from JetBlue that was ultimately thwarted by a federal judge.

President Trump’s chief cost-cutter cheered an effort to persuade federal workers to quit — in a fashion that closely resembles a purge at Twitter.

Great Clips ranked #1 in the personal care category and #33 overall on Entrepreneur's 2025 Franchise 500.

"The Fed will likely be on a more hawkish path, so significant divergence from the ECB could risk flight of capital towards the Dollar."

Frontier Airlines said Wednesday it has again proposed combining with Spirit Airlines, which is in bankruptcy.

The German government slashed its gross domestic product expectations Wednesday, saying it was now forecasting just 0.3% growth in 2025.

Mortgage rates didn't move last week, but demand for new home loans continued to weaken.

The U.K. government has invested £20 million in Orbex, a Scottish spaceflight startup aiming to rival Elon Musk's SpaceX.

A sharp spike in U.K. borrowing costs this year triggered memories of the 2022 "mini-budget" crisis, which rocked the country's pension funds.

The country’s top finance official supported adding a third runway to the London hub, a decision that has been held up for decades, and other measures intended to strengthen economic growth.

The ruling center-left Labour Party has repeatedly pledged to make economic growth its top priority.

Without addressing the specifics of DeepSeek's model, ASML CEO Christophe Fouquet told CNBC he sees no sign of a slowdown in demand for AI chips.

Howard Lutnick, who has agreed to divest his financial interests if he is confirmed, is one of several allies of President Trump who have held or explored potential mining investments on the island.

Venture capitalists plowed money into A.I. start-ups like OpenAI and Anthropic. But the rise of the Chinese A.I. start-up DeepSeek has called that funding frenzy into question.

The Silicon Valley giant was criticized for giving away its core A.I. technology two years ago for anyone to use. Now that bet is having an impact.

The Silicon Valley giant was criticized for giving away its core A.I. technology two years ago for anyone to use. Now that bet is having an impact.

After holding the event for 40 years in the Utah ski town, organizers plan to take it elsewhere starting in 2027.

The U.S. central bank is expected to hold interest rates steady as officials weigh a solid economy and rising inflation risks.

President Trump’s decision to pull out of the international health agency could deprive the United States of crucial scientific data and lessen the country’s influence in setting a global health agenda.

Norway’s sovereign wealth fund reported its full-year earnings on Wednesday.

LVMH shares dropped as slightly better-than-expected full-year results from the world's largest luxury company threw doubt over a broader sector recovery.

McKinsey estimates high and ultra-high-net-worth individuals in Asia-Pacific own $21.7 trillion in assets.

Dutch semiconductor equipment maker ASML on Wednesday reported better-than-expected net sales and profit results for the fourth quarter.

Tesla shareholders are asking questions about CEO Elon Musk and his political distractions ahead of fourth-quarter call.

Kenichiro Yoshida, who has led Sony since 2018, will be succeeded as C.E.O. by the company’s chief financial officer.

A typhoon and extreme heat dramatically affected prices for the kumquat trees that are ubiquitous during the holiday.

The Nifty 50 and Sensex, India's benchmark stock indexes, are hovering at more than seven-month lows, firmly in correction territory since their September high.

Traffic is down, but improving. “Much of our work is just beginning,” said Brian Niccol, the chief executive.

Chinese travelers are canceling plans to visit Thailand during the Lunar New Year holiday, as fears over human trafficking reverberate across the country.

Economists polled by Reuters expect Australia's inflation to rise 2.5% in the 12 months to the December quarter, from 2.8% in the previous year.

Following President Trump's declarations about changes to the map, Google employees were given the highest level of urgency to reclassify the U.S.

Portfolio manager Dan Niles warns that Nvidia's shares could have further to fall after it posted the biggest one-day loss of market-cap in U.S. history.

The Trump administration is offering millions of federal workers the option to accept buyouts through a government-wide "deferred resignation" program.

The company said the unlocking function, part of a pilot program in New York City, will be expanded this year.

The removals of the commissioners, along with the general counsel, came during a whirlwind of actions since Mr. Trump was sworn into office, with many aimed at diversity policies.

The U.S. Navy issued a warning to its members to avoid using DeepSeek "in any capacity," due to "potential security and ethical concerns."

If virtually every indication so far is accurate, the new leader of the free world is unlikely to get what he wants, at least not yet.

Forecasts suggest that by 2100 a majority of the world’s babies will be African, leading to predictions of an “African century.”

This article explores how mindfulness can transform your tech choices, ensuring technology serves your business goals without adding unnecessary complexity.

A blunt-speaking, Bronx-born labor leader, he successfully pushed to legalize undocumented union members but fought a losing battle against globalization.

President Trump’s press secretary invited social media influencers and content creators to sit with the traditional press corps.

A new survey from Charles Schwab found boomers are more hesitant to distribute their wealth than other generations.

Starbucks said its same-store sales fell 4%, fueled by a 6% decline in visits to its stores.

Meta’s chief executive has become a more visible presence in Washington since President Trump’s return to office after years of avoiding politics.

DeepSeek’s A.I. models show that China is making rapid gains in the field, despite American efforts to hinder it.

Ms. Hardy, now the executive editor of The Dallas Morning News, will lead the business and newsroom sides of nonprofit news organization.

Cohen said the AI boom could see ups and downs and the lack of accurate information could exacerbate volatility around AI-related investments.

Leaked deals show that there are strict terms to receiving the money.

OpenAI CEO Sam Altman posted a picture of himself with Microsoft CEO Satya Nadella on Tuesday and suggested the two companies are getting along just fine.

Ozempic's expanded approval in the U.S. could transform how doctors treat patients with the condition, which involves a gradual loss of kidney function.

Here's what I've learned about thriving as an introverted entrepreneur.

Say the word change, and people will go running for cover. If you pay attention, you can spot resistance to change and take three simple steps to get ahead of it.

The chipmaker plunged 17% on Monday.

Boeing's Air Force one plane has been overbudget and delayed.

While investors will be watching GM's quarterly results, they will also be focused on its guidance for 2025 and any changes under the Trump administration.

A team is only as great as its leader. Discover the core traits of effective leaders that you should be striving for.

Britain's antitrust watchdog on Tuesday raised concerns over competition in the multi-billion-pound cloud computing market.

The world's largest luxury company LVMH on Tuesday reported better-than-expected full-year sales, in the strongest sign yet of a potential turnaround in the high-end sector.

Students and parents panicked after news of the order, but the Education Department said the guidance would not stop the flow of money to students and schools.

General Motors, the largest producer of cars in Mexico, won’t provide details on how it would react if President Trump imposes 25 percent tariffs from the two countries.

Visa will enable X users to move funds between traditional bank accounts and their digital wallet and make instant peer-to-peer payments, like Zelle or Venmo.

Meta’s chief executive has become a more visible presence in Washington since President Trump’s return to office after years of avoiding politics.

A new document examines the opportunities and risks of A.I. and calls for “moral and ethical considerations” to be enshrined in all of its applications.

Whether you're working from home, traveling or connecting with clients at their convenience, this franchise adapts to your lifestyle.

Affordable, actionable search engine optimization insights for businesses of all sizes.

Investors around the world are reassessing the prospects for technology companies after a Chinese artificial intelligence start-up rocked markets in the United States on Monday.

Retail investors bought more than $562 million worth of Nvidia stock on balance during the rout, data shows.

The airline is in the middle of a plan to reduce costs by culling unprofitable routes and drumming up revenue with higher-priced seats.

CEO Brian Niccol said the company is changing the operating model for its retail team, which led to the shake-up.

Social media exploded in a celebration after the news that a Chinese start-up had made an artificial intelligence tool that was more efficient than any in the United States.

CEO pay is on the rise, with some making tens of millions more in 2024 than they did in 2023.

Here is some practical advice for aspiring day traders, covering market timing, essential skills and risk-free learning.

Respondents dialed back their expectations for interest rate cuts but still believe the central bank will ease this year.

The network wanted to move Mr. Acosta to the midnight time slot, a backwater in cable television news.

If confirmed by the Senate to be the nation’s health secretary, Robert F. Kennedy Jr. would have vast powers over immunization policies for children and adults.

Hurricane Helene’s floods have wreaked lasting damage on a tourist town whose nationally recognized restaurants are especially vulnerable to disasters.

The power dynamic in the workplace is shifting as young workers prioritize individuality and meaningful work over climbing the corporate ladder.

Elevated amounts of the chemical were found in some soft drinks sold in Belgium, Luxembourg and the Netherlands.

The little-known artificial intelligence firm has emphasized research, even as it emerged as the brainchild of a hedge fund.

Costco CEO Ron Vachris announced a change that's coming soon to the company's food courts.

What I wish I would have known through the many turmoils of experience that lead to necessary wisdoms for company survival.

Efforts to limit visitors in tourist hot spots have had mixed results, at best. Competing interests have a way of impeding attempts to stem the tide.

Faced with a solid economy and mounting inflation concerns, the U.S. central bank has said it will “move cautiously” on cutting interest rates.

German tech giant SAP on Tuesday upgraded its financial outlook for the full year as artificial cloud computing and artificial intelligence operations fueled growth.

OpenAI on Tuesday announced the launch of ChatGPT for government agencies in the U.S.

The Touch Bar is uniquely suited to the multitaskers, and it's only $399.99

By declaring he’d put tariffs on goods from the South American country, the president imperiled a growing influx of foreign investment there.

Tuscany's bailed-out Monte dei Paschi had unexpectedly launched a 13-billion-euro all-share takeover proposal for Mediobanca.

Nvidia called DeepSeek's R1 model "an excellent AI advancement," despite the Chinese startup's emergence causing the chipmaker's stock price to plunge 17%.

The sudden popularity of the Chinese chatbot drove a huge plunge in shares of Nvidia. But other A.I. powerhouses rallied. Here’s why.

A debate over the program for skilled foreign workers has pitted immigration hard-liners against some of President Trump’s most influential supporters in the tech industry.

The oil company plans to build natural gas power plants that will be directly connected to data centers used by technology companies for artificial intelligence and other services.

Microsoft's stock has badly lagged its tech peers in the past year as cloud growth has been basically stagnant in recent quarters.

Back in October, the bank unveiled plans for a new geographic setup and set out to consolidate its operations into four business units.

How did a little-known Chinese start-up cause the markets and U.S. tech giants to quake? Here’s what to know.

A new A.I. model, released by a scrappy Chinese upstart, has rocked Silicon Valley and upended several fundamental assumptions about A.I. progress.

The president is increasingly threatening other countries with tariffs for issues that have little to do with trade.

Single-stock, leveraged ETFs betting heavily on Nvidia's blistering rally plunged overnight, tracking losses logged by the chip darling.

Norway's electric vehicle sales have increased from less than 1% of total auto sales in 2010 to a whopping 88.9% last year.

The U.S. lawmakers have called for actions to slow down the Chinese tech startup, with some calling DeepSeek "a serious threat."

Rising costs helped fuel a swathe of profit warnings from London-listed firms in 2024, new data showed this week.

Corporate travel platform TravelPerk raised $200 million from investors including Atomico and EQT in a funding round valuing the startup at $2.7 billion.

The two steel makers are seeking to revive Nippon Steel’s $14 billion takeover of U.S. Steel after it was blocked by the Biden administration.

The union win, at a Philadelphia store where workers are seeking higher wages, comes as Amazon is also fighting organizing efforts among some warehouse employees and delivery drivers.

Japan's chip-related shares extended declines for a second day after DeepSeek triggered concerns over competitiveness in the artificial intelligence sector.

In posts on X on Monday, Google said it will follow the government's lead in changing the names on its Maps app.

The authorities in Nigeria said that the United Airlines plane had to return to Lagos after the episode. Six people were treated at a hospital, officials said.

Bessent, a hedge fund manager, becomes the nation’s 79th Treasury secretary. He will lead President Trump’s economic agenda.

Mr. Trump, the board noted, has argued that a state court should not be permitted to exert control over a sitting president.

In a new interview with the Wall Street Journal, Gates also said he is still close with Microsoft's CEO Satya Nadella.

Stiffer competition for the tech giants at the forefront of the artificial intelligence boom prompted investors to reassess the companies’ sky-high valuations.

The tech industry has had an insatiable appetite for Nvidia’s chips over the last two years. But the feast may be over sooner than many had expected.

Navigating the franchise world starts with understanding key business models. Here's how project-based and subscription franchises differ in investment, scalability, and recession resistance.

Uber CEO Dara Khosrowshahi says the jobs of human drivers are safe for the next decade, but after that, another type of driver will take over.

The Department of Government Efficiency is hiring U.S. citizens to help cut spending and headcounts in the federal government.

Branding might not be your first priority, but neglecting it can hurt your startup. A strong brand identity early on sets the stage for marketing success.

Are you ready to embrace the power of AI with trusted data? Let's transform challenges into opportunities and propel your business into the future.

Oil and gas executives welcomed President Trump’s early moves on energy policy, but many said they did not plan to increase production unless prices rose significantly.

States are using higher registration fees for electric cars to make up for declining fuel taxes, but some are punitive, environmentalists say. A federal tax could be coming.

The fast-growing popularity of the Chinese artificial intelligence software hit shares in tech giants like Nvidia, as Silicon Valley worried about what comes next.

The husband of former Vice President Kamala Harris will advise companies in crisis as a partner at the law firm Willkie Farr & Gallagher.

China Vanke, one of the country’s largest developers, cleared out its top executives and said it anticipates a $6.2 billion loss, a sign the property meltdown is still raging.

President Trump’s accusation that Bank of America dropped conservatives as clients serves as a reminder C.E.O.s may face unexpected attacks by the White House.

Criticism over how the Chinese government buys drugs for its public health care system has ignited frustration over the quality of medicine.

Budget airline Ryanair on Monday reported stronger-than-expected after-tax profit for the three months through to the end of December.

Top doctors raised concerns about domestically made drugs, saying Beijing’s effort to lower costs is sacrificing quality.

It was a whirlwind. Here’s what business leaders need to know.

How to deal with a colleague who won’t even try to make nice.

Macsween, a popular maker of the distinctive Scottish dish, has developed a recipe for the U.S. market that swaps sheep lung for lamb heart as a main ingredient.

The federal law banning TikTok has revealed a major schism among American tech companies: Some are willing to flout the law — and some, including Apple and Google, are not.

Whole Foods workers in Philadelphia are voting on whether to form the first union in the Amazon-owned chain. The company is pushing back.

The president’s promotion of a speculative digital coin left some crypto investors feeling blindsided, while others saw it as a gimmick that undermined the industry’s credibility.

Inside the $32 billion industry transforming marijuana, its consumption and beliefs about its ability to heal.

Border enforcement agencies have spent billions assembling surveillance tools to track and find people. These could be critical in President Trump’s immigration agenda.

In Los Angeles, Chicago, Washington and other cities, chefs and owners are worried for their workers and their businesses.

Twenty years ago, the hotel magnate stepped down from Starwood, which later sold to Marriott for $13 billion. Now, he wants to give it another go.

BYD has not announced plans to sell the Shark in the U.S., but it has entered countries such as Mexico, where GM, Ford and Toyota sell pickup trucks.

For some improv comedians, Fortune 1000 companies can help make the funny business more lucrative.

The idea of offering a degree in sports has gained momentum now that college athletes can be paid. Now Nike is joining some academics in pushing for it to become a reality.

Everyday investors are turning to financial influencers, or ‘fin-fluencers,’ to learn how to manage their finances, but experts say rooting out misinformation is challenging.

After consumer complaints of overheating batteries, the company did not immediately report the defect with its Ionic smartwatches, according to a settlement with the U.S. government.

The airline clarified (somewhat) the attire and appearance that might prevent passengers from being allowed to board or remain on a plane, a move that goes a step further than other major U.S. airlines.

The market perked up late in the year when interest rates eased, but affordability challenges yielded the fewest transactions since 1995.

Howard Lutnick disclosed details of complex financial interests, holding at least $800 million in assets.

Avian influenza has led to a shortage of eggs and wholesale prices that are through the roof. Consumers can expect to feel the pain for a while.

The retailer joins a growing group of companies dropping commitments and policies on diversity and equity as President Trump fights the programs.

The rebranding of a former White House digital office into the new Department of Government Efficiency signals its potential limits, budget experts said.

The energy giant is spending nearly $50 billion to expand the Tengiz oil field, allowing it to pump one million barrels a day.

Shipping companies expressed caution about using the shorter route between Asia and Europe that many ships have avoided for more than a year.

The health insurer named Tim Noel, a longtime employee of its parent company, for the job. The previous chief executive, Brian Thompson, was killed in Manhattan.

The Direct File system will be open to millions of taxpayers in 25 states, up from 12 last year. But it’s unclear what will happen to the program next year.

Wealthy leaders share the financial advice they gave their kids, including invest early, budget —and think carefully about inheritance.

The president said he will impose tariffs Feb. 1 on products from Canada, Mexico and China, countries that together account for more than a third of U.S. trade.

The United Automobile Workers union has been pressing the automaker, which owns Chrysler and Jeep, to revive the plant in Belvidere, Ill.

The president wants to begin renegotiating a U.S. trade deal with Canada and Mexico earlier than a scheduled 2026 review, people familiar with his thinking said.

The Biden administration expanded the government payroll at the fastest pace in decades, but it is near a record low as a share of overall employment.

President Trump wants an External Revenue Service to collect tariffs on imports. One trade expert said the move may be “more branding than substance.”

President Trump appears willing to shake up almost every policy area, and a behind-the-scenes E.U. task force has been trying to prepare. But is Europe ready?

The president said he planned to put tariffs on America’s neighbors on Feb. 1, as he signed an executive order mandating a sweeping review of U.S. trade policy.

The incoming president has floated numerous tariff plans. Retailers say their livelihood could depend on which ultimately come to fruition.

Federal employees and others in the capital have grown attached to work-from-home arrangements. But hybrid work may disappear in the second Trump era.

Mr. Trump has said he plans to nominate Billy Long, a former Republican congressman, to the role.

Economic upheaval caused by the pandemic has clouded analysts’ ability to understand the effects of the 2017 tax law. Republicans call it a huge success and want to extend it anyway.

The Consumer Price Index rose 2.9 percent from a year earlier, but a measure of underlying inflation was more encouraging.

Gov. Gretchen Whitmer addressed the Detroit Auto Show, saying that tariffs should not be used “to punish our closest trading partners,” like Canada.

The ongoing disaster will affect residents’ health, local industries, public budgets and the cost of housing for years to come.

The California FAIR Plan, the state’s insurer of last resort, had just $377 million available last week to pay claims that could reach billions, officials said.

We cover the rise of entrepreneurship in Hollywood.

With the Buffalo Bills and Detroit Lions both Super Bowl contenders, fans north of the border are nervously hopeful a title drought could end.

Steered by an entrepreneurial chief, Membertou First Nation in Nova Scotia led the largest investment by Indigenous people in Canada’s seafood industry.

Investors are betting that they can make a dent in global warming, and healthy profits, with companies that alter the atmosphere.

The serial internet entrepreneur, who co-founded Twitter and created Medium, was turning 50 and feeling detached from friends. Maybe a new start-up could fix that.

“He aprendido a confiar en mis instintos en cualquier aventura empresarial o marca que defienda”, dijo la estrella del tenis jubilada en una entrevista en la Cumbre DealBook.

The opposing paths taken by two powerful firms — Benchmark and Andreessen Horowitz — embody a profound debate about the future of an industry that funds and fosters American innovation.

At this year’s DealBook Summit, there was a sense that trust was becoming harder to come by and that the rules for how people judge the truth had shifted.

Industry leaders attending the conference were asked about artificial intelligence, the economy, international relations and more.

“I’ve learned to trust my instincts in any business venture or brand I’m championing,” the retired tennis star said in an interview at the DealBook Summit.

Concerns that crypto companies are being purposely cut off from the global banking system have become a political cudgel at an opportune moment for the industry.

Eberjax, which made chronographs, stopped production in 1983. But Christophe Hoppé intends to start it again.

Connor Sports, in the tiny mill town of Amasa, Mich., is one of the leading makers of hardwood floors for top professional and college teams.

The billionaire founder of Amazon spoke with Andrew Ross Sorkin at the DealBook Summit.

Una vida perfecta de esposa mormona ha hecho de Hannah Neeleman una estrella de las redes sociales y un tema de debate cultural.

Her picture-perfect life as a Mormon farm wife has made Hannah Neeleman a social media star and a cultural lightning rod.

The preparers filed for pandemic-related tax credits on behalf of ineligible clients and then netted hefty filing fees, officials said.

As the country’s liberal bubbles mourn the election’s outcome, Laurene Powell Jobs highlighted entrepreneurs’ good work with one rule: “Cheer loudly!”

Joanna Smith-Griffin was charged with lying to investors about revenue and her customer base, which she claimed included some of the nation’s largest school districts, including New York City’s.

For some, an even bigger draw than the silver, furniture and artwork at Michael Corcoran’s auctions is the 96-year-old auctioneer himself.