Business / Finance
Exxon and Chevron report massive profits after Trump brags U.S. energy companies are ‘making a freaking fortune’ just before midterms
Wars and geopolitical risks prove profitable although Big Oil eyes more long-term certainty.
Binance's $6.3bn crypto hack biggest in history
Cryptocurrency giant Binance said on Thursday that $6.3bn (£4.7bn) of digital assets have been impacted by what is thought to be the biggest crypto hack on record.
Crypto giant Binance attempting to recover $6.3bn stolen in hack linked to North Korea
The cyber-attack, which the company describes as complex, is believed to be the largest ever of its kind.
Spain’s rail safety system went down before a crash that killed 69 — its transport minister calls 170 outages this year ‘normal’
Spain’s transport minister has laid most of the blame on a traffic controller’s poor judgment for Wednesday's collision in Toledo province, which killed 69 people.
Martin Rowson on the UK budget fallout – cartoon
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Hershey warns Americans squeezed by gas prices are buying less candy—and Halloween’s final days are ‘really critical’
Candy sales at convenience stores fell 5% in September, and Hershey’s exec says the company now needs consumers to “show up” in the last days before Halloween.
An AI slowdown that takes some air out of the exuberance could actually extend the boom, Wall Street veteran says
"However, we view these constraints as healthy for the durability of the AI boom!"
Why M&S director Kathryn Turner is the ultimate ‘Gay Halloween’ costume idea
Product development boss at Marks & Spencer inspires niche outfits after unexpected success on social mediaShe is not the most likely viral star. But with 310,000 followers on Tik…
This budget fails to live up to Andy Burnham’s grand rhetoric | Letters
Caitlin Boswell of Tax Justice UK and others on what Aditya Chakrabortty described as a ‘Martin Lewis budget’Aditya Chakrabortty was spot-on in his analysis of John Healey’s budge…
Pedestrianisation won’t save Oxford Street | Letters
Oliver Schick writes that there is a limit to how much footfall is beneficial. Plus letters from Iain Nelson and Tom HardyThe real causes of the problems seen in Oxford Street (Th…
Crypto Biz: Bitcoin’s quantum threat is becoming an economic problem
Bitcoin faces mounting quantum security concerns as Ripple secures a US banking charter, USDC gains ground in Europe and VanEck adds BTC to a new ETF.
Recap: How Binance’s record $6.3B hack unfolded
A recap of Cointelegraph’s live coverage of the Binance hack, including early breach reports and the exchange’s full reimbursement pledge.
‘Setting the planet on fire’: Richest 0.1% emit more carbon than poorest 3.5 billion, Oxfam says
The ultra-rich cause an outsized share of emissions while others pay for the damage. Experts say the answer is pressure, not guilt.
Binance Sets Aside $6.34B to Cover Hack Losses, CEO Says 'Your Assets Are Safe'
Richard Teng said the attacker used a self-destruct mechanism and an EIP-7702 delegation that bypassed Binance's normal approval controls.
Binance uncovers wider breach in $6.3 billion exploit, targets Sunday withdrawal restart
CEO Richard Teng said hackers erased evidence and bypassed security checks. Binance plans to publish its proof of reserves Monday.
Elon Musk, CZ Trade Blows Over SpaceX Shares After $6.4B Binance Hack
After Musk appeared to mock Binance’s $6.3 billion hack, CZ reminded him that the exchange’s $500 million bet on his Twitter takeover is now worth over $1 billion in SpaceX shares.
Trump slammed Biden-Harris for the ‘war on energy’ during his 2024 campaign. Now he’s rolling back Biden-era regulations as gas sits above $4 a gallon
A new Trump EPA push would spread the savings out to 2050. Trump says he's "putting American energy back in the hands of the American workers."
Poundland in peril: how rampant inflation and price wars left £1 stores exposed
With the chain on the brink of administration, its low-profile US owners face questions about their conduct“It was a very successful and simple proposition,” laments one former Po…
Elizabeth Holmes’ baritone was mocked for years. But research shows CEOs with deeper voices run bigger companies and earn $187,000 more
As You Can See Everything puts Holmes back in the spotlight, studies of CEOs and voters show why a low register can open doors, and why that bias says nothing about who deserves t…
Bitcoin risks worst October in 12 years as tech sell-off spreads to gold
Bitcoin circled $77,000 as crypto markets navigated US stock-market downside, while the gold price fell to its lowest in a year.
Microsoft’s 60,000-person buyout offer hints at a future with fewer workers and more equipment
The company says its new Voluntary Exit Offer is about putting “the right talent in the right places,” not cutting headcount—and outside economists largely agree.
Gen Z doesn’t think their degrees will land them work anymore, so they’re becoming their own bosses instead—and these college towns are thriving
As AI upends the job market, exclusive GoDaddy data finds a new wave of entrepreneurial activity taking root in some lesser-known college towns.
Billionaire tax: how a union leader’s ‘crazy’ idea became the defining issue of California’s midterms
It was an ambitious notion – now Californians will vote on a one-time 5% billionaire tax, and state’s super rich have pulled out all the stops in oppositionOne year ago, the idea …
US tech stocks see sharp falls over AI cost concerns
Shares in Intel have continued to fall while the tech-heavy Nasdaq opens at its lowest level in more than two months.