5 October 2022
Chicago 12, Melborne City, USA
Business

Conservatives have chosen the path to political putrefaction

Economists will be familiar with Gresham’s Law, the principle that bad money drives out the good. What is less well appreciated is that the theory also applies to politics. As Britain’s modern Conservative party amply demonstrates, politicians can enter a similar doom loop where ideology drives out realism, faith routs nuance and political purists banish […]

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Business

Apple asks suppliers to shift some AirPods, Beats production to India

© Reuters. FILE PHOTO: Apple AirPods are displayed during a media event in San Francisco, California, U.S. September 7, 2016. REUTERS/Beck Diefenbach (Reuters) – Apple Inc (NASDAQ:) is asking its suppliers to move some AirPods and Beats headphone production to India for the first time, the newspaper reported on Wednesday.

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Business

Famed investor Carl Icahn may have made $250m on Twitter stake (NYSE:TWTR)

Scott Olson Famed activist investor Carl Icahn is said to have amassed a well over $500 million stake in social media Twitter (NYSE:TWTR) that paid off Tuesday when Elon Musk decided he would go through with his $44 billion Twitter purchase. Twitter shares surged 22% on Tuesday on the news that billionaire Tesla CEO wanted […]

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Business

$100 million NJ deli defendant hires lawyer who repped Martin Shkreli

Hometown Deli, Paulsboro, N.J. Mike Calia | CNBC Peter Coker Sr., one of the defendants in the case of the so-called $100 million New Jersey deli, hired a lawyer who previously represented “pharma bro” Martin Shkreli, according to a new court filing Tuesday. Coker Sr. hired Marc Agnifilo to represent him in his case against […]

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Business

How men can lead a team of all-women

Raise the Bar is Fortune’s new advice column written by business strategist and resilience educator, Komal Minhas. Are you grappling with a workplace issue that’s getting in the way of you achieving your career goals? Komal is here to help—and she’ll be tapping top experts for their best advice along the way. Submit your questions […]

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Business

Russia’s invasion of Ukraine in maps — latest updates

• This page is regularly updated with the latest available maps • Read more on the War in Ukraine You are seeing a snapshot of an interactive graphic. This is most likely due to being offline or JavaScript being disabled in your browser. At the end of August, Ukraine launched its first big counter-attack since […]

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Business

Argentina announces plan to boost tech exports By Reuters

© Reuters. FILE PHOTO: Argentina’s Economy Minister Sergio Massa departs after attending a meeting with International Monetary Fund (IMF) Chairperson and Managing Director Kristalina Georgieva at the IMF headquarters in Washington, U.S., September 12, 2022. REUTERS/ BUENOS AIRES (Reuters) – Argentina on Monday announced measures aimed at boosting technology exports to $10 billion in 2023, […]

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Business

U.S. Steel idles second blast furnace in less than a month – Argus (NYSE:X)

Monty Rakusen/Cultura via Getty Images U.S. Steel (NYSE:X) will indefinitely idle a blast furnace at its Mon Valley Works in Pennsylvania, keeping the 1.4M st/year No. 3 blast furnace down after it completed scheduled maintenance, Argus Media reported Monday. It is U.S. Steel’s (X) second idling in less than a month, after the company idled […]

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Business

How to protect your finances from natural disasters like Hurricane Ian

Tap emergency resources Reach out to the Federal Emergency Management Agency, Disaster Assistance Improvement Program and the American Red Cross, as well as state and local governments, for emergency assistance. You may also find help in your community.   “Disasters bring people together,” McClanahan said. “People are really good at helping people. “If you have the […]

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Business

Mysten Labs founder explains the Sui blockchain

The crypto world is awash in blockchains—many of which serve no discernible purpose—and so when a new one comes along, I’m skeptical. Yet when I spoke with Adeniyi Abiodun, one of a team of Facebook vets who recently raised an eye-popping $300 million for a new chain, I was intrigued. Abiodun is one of five […]

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