Shibusawa’s long-term, societal-benefit, “Confucian” approach to private equity investment, being rewarded by dividends and avoiding “financial engineering” games could usefully be adopted today.
Starbucks is eliminating one of its most generous loyalty program benefits as part of CEO Brian Niccol's broader strategy to improve profit margins and reposition the coffee chain as a premium brand.
Elon Musk's close aide Steve Davis has exited the Department of Government Efficiency following Musk's decision to step back from his government role, marking a major leadership shake-up.
Former VP Mike Pence reminded Congress of their constitutional power over tariffs, as Trump pushes for blanket levies. Courts uphold delegations but pressure rising.
Meta and Palmer Luckey's Anduril have reunited to co-develop AI-powered combat headsets for the U.S. Army, marking Meta's biggest defense tech move since firing Luckey in 2017.
Quarterly adjusted earnings per share of $0.47 and revenue of $388.43 million exceeded the consensus estimates of $0.37 and $380.42 million, respectively.
Google CEO Sundar Pichai dismissed concerns over declining Safari searches, emphasizing that AI-driven features are fueling overall growth in Google Search activity across platforms.
Matt Cole, CEO of Strive Asset Management, publicly called on tech behemoth Meta Platforms Inc. (NASDAQ:META) on Wednesday to buy Bitcoin (CRYPTO: BTC) for its balance sheet.
The wholesale chain indicated that it will maintain its prices for now, a move that contrasts with several competing retailers, such as Walmart, which are also adopting this approach.
Wolfe Research initiated coverage with an ‘Outperform’ rating and a $20 target, while Goldman Sachs started at ‘Neutral’ with a $16 target, citing balanced growth prospects and valuation.
China's overarching central planning model, meant to keep the economy from keeling over, has become so tangled up it is next to impossible to keep track of fake supply and even faker demand.
