C.E.O. of Tesla, Chief Engineer of SpaceX and C.T.O. of X Elon Musk takes the stage during the New York Times annual DealBook summit on November 29, 2023 in New York City. Michael M. Santiago | Getty Images Tesla‘s troubles with labor unions in Scandinavia deepened as it lost legal action against Sweden’s postal service … Read more
Jaap Arriens | Nurphoto | Getty Images The U.K.’s competition watchdog has opened an initial review into Microsoft’s mammoth investment into ChatGPT creator OpenAI, making it the first major regulator to flag potential competition concerns over the tech giant’s relationship with one of the most important artificial intelligence companies today. The Competition and Markets Authority … Read more
An electronic ticker displays stock price information on a totem sign outside the Tel Aviv Stock Exchange in Tel Aviv, Israel, on Tuesday, Nov. 7, 2023. Bloomberg | Bloomberg | Getty Images The head of trading at the Tel Aviv Stock Exchange criticized “flawed analysis” in a recent research report that documented short selling ahead … Read more
American Airlines planes are seen at gates at LaGuardia Airport ahead of the Thanksgiving holiday, in New York City, U.S., November 21, 2023. Shannon Stapleton | Reuters Airlines expect record traveler numbers and revenues in 2024 but will continue to be constrained by the high cost of capital and limited capacity, the International Air Transport … Read more
Are you a 30-something professional looking to settle down and buy your first home in a friendly, welcoming European city? Think again. Rising real estate prices have turned home ownership into an increasingly unachievable dream for many Europeans — an issue compounded by the cost-of-living crisis, which has hit city residents and poorer households especially … Read more
