Future in doubt for Prime Minister's Department office amid huge lease bill
The lease is expensive by government standards, and it's coming up for renewal.
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Behind closed doors: Inside the $5 million meeting that sealed the downfall of David Jones
The ugly, inglorious end to the 188-year-old luxury department store came down to $5 million in unpaid rent.
From misery walk to mass layoffs: Inside Canva’s hardest month
Insiders say Canva’s billionaire co-founders agonised over layoffs for weeks. They now have to try and turn the company around.
Strong Hiring Reinforces a Sturdy Job Market
Unemployment fell in October, extending years of stability for a U.S. work force threated by inflation and artificial intelligence.
Waters launches bid for House Financial Services chair
Democratic Rep. Maxine Waters (Calif.) officially launched her bid for chair of the House Financial Services Committee on Friday, after Democrats won control of the lower chamber in the midterms. In a letter to her Democratic colleagues, Waters — the committee's ranking member — wrote that party lawmakers “must now deliver on our promises to...
Meghan Markle’s father Thomas Markle arrested by FBI in Florida
The Duchess of Sussex said she was 'deeply distressed' by allegations that a collection of child sexual abuse images had been found at her estranged father's former home.
US and EU’s China talks channel comes back to life after stalling since Trump’s return
The European Union and the United States plan to revive talks about China after a two-year hiatus, according to multiple people familiar with the planning. The dialogue had stalled since Donald Trump’s return to the White House, but after being approached by Washington, talks are expected in the first week of December, despite the deterioration in transatlantic relations in the meantime. The once-regular forum was used to discuss areas of shared concern with regard to Beijing. During Joe Biden’s...
A.I. Was Supposed to Come for Our Jobs. So Far, Evidence Is Mixed.
White collar industries that are most exposed to artificial intelligence continued to add jobs in October, although that growth has been weak.
Tesla is going to stop making Cybertrucks, Musk says
In a statement posted on X, Musk said Cybertruck production would wind down around mid-2027 to make room for increased Cybercab production.
Tesla winding down Cybertruck production
Elon Musk announced Friday that Tesla will wind down production of its Cybertruck next year after years of poor sales for the electric truck. In a post on the social platform X, the Tesla CEO said Cybertruck production will wind down at Gigafactory Texas in mid-2027 "to make room for increased Cybercab production." The Texas...
Tesla winding down Cybertruck production
Elon Musk announced Friday that Tesla will wind down production of its Cybertruck next year after years of poor sales for the electric truck. In a post on the social platform X, the Tesla CEO said Cybertruck production will wind down at Gigafactory Texas in mid-2027 "to make room for increased Cybercab production." The Texas...
Fed's Williams says inflation too high, targets 2 percent
John Williams, the president of the Federal Reserve Bank of New York, said Friday inflation remains too high amid multiple price shocks. "Inflation is absolutely too high. It's been too high for too long," Williams said at a European Central Bank conference in Germany. He later added, "It's absolutely essential that we bring inflation back...
Fed's Williams says inflation too high, targets 2 percent
John Williams, the president of the Federal Reserve Bank of New York, said Friday inflation remains too high amid multiple price shocks. "Inflation is absolutely too high. It's been too high for too long," Williams said at a European Central Bank conference in Germany. He later added, "It's absolutely essential that we bring inflation back...