Business / Finance
Nvidia’s value tumbles by $430bn since spy allegations, as major US law firm hired to investigate claims – business live
Rolling coverage of the latest economic and financial newsThe drop in Nvidia’s share price this week may embolden the shareholders who are suing the company.A lawsuit was filed in…
Cisco’s chief will terminate a meeting if you use certain acronyms in his presence—he says new hires ‘feel too stupid to ask’ what they mean
Like Jamie Dimon and Jeff Bezos, Cisco’s president Jeetu Patel, has strict rules for meetings: No unclear acronyms—and new hires can stop the meeting
‘Stay, with less’: Why Nvidia’s board may rein in Jensen Huang rather than fire him
Nvidia’s board backed Jensen Huang before its probe finished. Experts say directors serving since 1993 may be too close to judge him.
Alison Roman’s tomato sauce costs $12.99 a jar—and it keeps selling out
The cookbook author built a cult following one recipe at a time. Now she’s putting her name on tomato sauce she hopes will get more people cooking.
Families kept lining up at a military monument on the National Mall, so it stayed for Veterans Day
USAA’s tribute has roughly 41 million searchable names. Visitor demand helped extend its stay from August through Veterans Day.
Inside Dan Schulman’s war on the old Verizon
The former PayPal CEO left a Montana ranch to shake up one of America’s most profitable companies.
Ex-Navy SEAL MrBallen’s first viral video hit while he was at a water park with his kids. Now he has 11.4 million subscribers and a SiriusXM deal
Last year, John Allen signed a major deal with SiriusXM that’s reported to be worth as much as $70 million.
Sergey Brin’s $102 million helped sink California’s billionaire tax and may block the next one
Proposition 42, bankrolled largely by Sergey Brin, bars new state taxes on stocks, business stakes and other assets. Critics say it could reach capital gains.
Paul McCartney is worth $1.4 billion. His biggest asset is a $250 million song publisher
Forbes ranks the 84-year-old behind only Jay-Z and Taylor Swift. His publishing company, MPL, owns Buddy Holly’s catalog and is worth at least $250 million.
Tories would have to raise state pension age above 70 to keep triple lock, says minister
Kemi Badenoch attacked reforms but is not being clear about how party would meet costs, Torsten Bell claimsKemi Badenoch’s Conservatives would have to raise the state pension age …
Back of the net! Scotland’s historic salmon fishers – in pictures
Colin McPherson has spent three decades working on Catching the Tide, his moving portrayal of fishers and an old way of life that is dying out Continue reading...
Mini record player on track for No 1 in Christmas toy parade
Industry experts pick out tiny turntable as one of their ‘15 hottest toys’ for the festive seasonA record player so small it belongs at a party in a Barbie Dreamhouse is one of th…
Developing countries in limbo as rich nations delay new climate finance plans
Many governments are yet to set targets, leaving recipient countries struggling to plan and attract private investmentDeveloping countries have been left in limbo by the failure o…
For Trump, Musk and Farage, the message is the same: voters don’t want to be hijacked by billionaires | Rafael Behr
A lesson from the US midterms is that electorates are repelled by the arrogant mega-rich buying democracy. This is a fight Labour can afford to pick For most people, $224m (£168m)…
Electricity bills to rise by 2.5% from March
The increase will add just over £1 per week for a typical all-electric home, Jersey Electricity says.
Aldi cuts hundreds of UK head office and logistics roles as part of global cost trimming
Supermarket’s move labelled ‘shortsighted’ by worker who calls upper management ‘woefully out of touch with reality’Aldi’s UK business is cutting hundreds of head office and logis…
Prime property, slow sales: why London’s stock of empty high-end flats is piling up
Homes in the West End, Mayfair and Marylebone are going unsold – and developers are counting the costLondon has no shortage of luxury flats. There are ultra-modern blocks in the m…
Initia confirms second exploit in 3 weeks, $3.27M stolen in latest attack
Initia said an attacker exploited compromised cloud credentials to move $3.27 million in crypto assets, with about $2.16 million remaining frozen on its halted network.
Across Protocol restores website after hackers hijack domain
The cross-chain bridge said a social engineering attack targeting domain registrar Namecheap allowed hackers to redirect users to a phishing site.
Crypto ally Tom Emmer elected House GOP minority whip
The Minnesota lawmaker, who helped establish the Congressional Crypto Caucus, will stay on as Republican whip after Democrats won the midterms.
LNbits rushes emergency patch after reported Bitcoin wallet thefts
The project warned that installations running older versions were vulnerable and urged operators to replace potentially exposed credentials even after upgrading.
Stickers and building sets help drive toy sales ahead of Christmas rush
A bumper year so far for toy sales comes as debate intensifies over screen time and tech connectivity.
Nvidia CEO Jensen Huang might hang on as CEO. But his influence on U.S. AI policy is over
A spy scandal jeopardized Nvidia CEO Jensen Huang. Even if he survives atop Nvidia, a key opponent of export controls and advocate for open-source AI has been laid low.
Poundland hopeful for last-minute rescue deal to stave off collapse
The BBC understands the discount chain, which has been edging towards administration, will be given more time to find a buyer.