Tag: business news
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Private chef salaries reach $300,000 as the rich seek their own Michelin stars
Demand for chefs, personal assistants, butlers, nannies, housekeepers, chauffeurs and estate managers have reached records, according to Morgan & Mallet.
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This e-commerce stock could get a boost from the agentic AI craze, Stifel says
Shopify is poised to gain ground due to the expected growth of agentic AI, per Stifel.
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AI, data center fears could be key in closely watched Michigan Democratic Senate primary
Abdul El-Sayed and Rep. Haley Stevens will face off in the Michigan Democratic Senate primary on Aug. 4.
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This luxury homebuilding stock is a good play on ‘K-shaped economy,’ Citi says
As a luxury homebuilding stock, Toll Brothers offers a way to play the increasing bifurcation of the economy, per Citi Research.
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Meta found to breach EU laws with ‘addictive’ Instagram, Facebook designs
Meta is an apparent breach of EU laws due to addictive design features on Instagram and Facebook, according to preliminary findings on Friday.
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Abivax $920 million cash haul lets it prepare for solo U.S. launch instead of relying on a buyer, CEO tells CNBC
Its latest fundraising round provides the French biotech with enough cash to finance operations through 2029.
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Volkswagen to slash model lineup and shrink capacity — but no word on job cuts
The update followed a high-stakes boardroom showdown with the group’s supervisory board.
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World oil demand set for first annual decline since 2020, IEA says
Renewed escalation in the U.S.-Iran war could complicate matters and further cloud the outlook, the IEA warned Friday.
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EasyJet weighs $7.7 billion rival takeover offer from Apollo amid Castlelake interest
A bidding war has broken out for budget carrier easyJet after Apollo and Castlelake have both submitted takeover offers.
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India ramps up missile sales in Indo-Pacific as China’s assertiveness turns neighbors wary
India has signed a third pact for the supply of missiles in the Indo-Pacific region as countries in the region grow wary of China’s growing assertion.
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