Business

Elon Musk is trying to keep Twitter spending as close to zero as possible while his personal wealth dwindles — and that apparently includes defaulting on rent payments at the company’s offices. According to a lawsuit filed last week by the building’s landlord, Twitter owes $136,260 in rent due for its offices on the 30th floor of a downtown San…

With a slew of new changes announced at the company this week, e-commerce giant Shopify may just have heralded the next phase of its work-from-home revolution. Two years after CEO and founder Tobi Lutke announced The end of “office-centricity” as Shopify embraced remote work, another sweeping shift at the company is on the horizon for employees returning from vacations this…

Tesla’s fourth-quarter deliveries of 405,278 cars versus a median estimate of 420,760. The target of 50% growth for the full year was also missed. Continue reading

This key group believed that government restrictions on companies’ ESG efforts unduly impeded the free market. Continue reading

College bowl games are on hiatus on Jan. 1 as the NFL approaches the postseason. Continue reading

A new year is rolling around, and a chorus of people are banding together to give sobriety a chance — that is, for the month of January. Dry January, the month when some people abstain from alcohol as part of a New Year’s ritual, has grown in popularity since the term was first coined about a decade ago. About 35%…

One last hooray before you start those New Year’s resolutions. Continue reading

North Korean leader Kim Jong Un pledged to increase his nuclear arsenal in the new year to quell hostile US and South Korean actions, in a keynote address in which he left almost no opportunity for a return to lengthy disarmament talks. In a speech delivered at the end of a nearly week-long meeting of his ruling Workers Party, Kim…

Chancellor Olaf Scholz urged citizens to continue their energy saving course and said Germany’s new floating LNG terminals would make Europe independent of Russian gas in the long term. In his New Year’s address to the nation, Scholz acknowledged that the energy crisis triggered by Vladimir Putin’s invasion of Ukraine was a “severe test” for the continent’s largest economy. But…

Two years ago, Times Square was mostly a ghost town. Last year the crowds returned, albeit a little tentatively. As we wrap up 2022, Manhattan could see almost a record number of people watching the year out the door. This year ends at midnight sharp, when the crystal-encrusted Waterford Ball falls down and its 32,256 LEDs light up the crowd.…