Business

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Masimo terminates his position as CEO of Founder Kiani

Masimo terminates his position as CEO of Founder Kiani

The medical device maker said Joe Kiani, who previously informed the board of his decision to step down as chief…
Microsoft Cloud’s revenue rose thanks to the AI ​​boom, but a weaker outlook weighed on the stock

Microsoft Cloud’s revenue rose thanks to the AI ​​boom, but a weaker outlook weighed on the stock

Warnings about Azure’s slowing growth and rising data center costs dampen early optimism about the tech giant’s quarterly earnings
Arnold Schwarzenegger endorses Kamala Harris: Trump will ‘four more years of bull–t’

Arnold Schwarzenegger endorses Kamala Harris: Trump will ‘four more years of bull–t’

Arnold Schwarzenegger may “hate politics more than ever” and not “really approve,” but the possibility of a second Donald Trump…
Woolworths cuts expectations for Australian food earnings

Woolworths cuts expectations for Australian food earnings

Australian grocer Woolworths predicts first-half financial year earnings at its key Australian food division will be below previous expectations, as…
Harris warns of ‘chaos’ under Trump as Biden criticized for ‘trash’ comments

Harris warns of ‘chaos’ under Trump as Biden criticized for ‘trash’ comments

Democratic candidate evokes the Jan. 6 Capitol riot to portray Republican opponent as extremist in primetime speech
Beijing complained to the WTO about the EU’s new electric vehicle tax

Beijing complained to the WTO about the EU’s new electric vehicle tax

Beijing said on Wednesday it had filed a complaint with the World Trade Organization over the European Union’s decision to…
The strength of Google’s cloud business drives revenue growth

The strength of Google’s cloud business drives revenue growth

Google reported a 15% year-over-year revenue increase thanks to strong results in its cloud computing division, boosting the company’s fortunes…
Banks warn the UK Treasury of the risk of industry chaos following the auto finance ruling

Banks warn the UK Treasury of the risk of industry chaos following the auto finance ruling

Unlock Editor’s Digest for free Roula Khalaf, FT Editor, picks her favorite stories in this weekly newsletter. Lenders have held…
Consensys layoffs: Ethereum giant cuts 20% of workforce

Consensys layoffs: Ethereum giant cuts 20% of workforce

Consensys, maker of the popular MetaMask cryptocurrency wallet, is cutting more than 160 employees across all divisions of the company.…
Boeing explores selling space business

Boeing explores selling space business

The new CEO looks for a buyer for Starliner and other NASA projects in an attempt to rescue the manufacturer.