Lululemon Poaches Nike's Heidi O'Neill as Next CEO
The athletic wear giant turns to a veteran who helped build Nike's $10 billion women's business to reverse slowing growth.
By Nadia Chen
Nadia Chen
Senior Markets Correspondent
Nadia Chen covers financial markets, central banking, and global capital flows. A former commodities trader, she reads earnings calls so you don't have to.
BusinessTechnology
Serious Fraud Office Arrests Four in £Multi-Million Home Insulation Scheme Probe
Raids target alleged conspiracy to defraud government energy efficiency program as scrutiny intensifies over public spending controls.
By Nadia Chen
Anthropic's Mythos AI Triggers Emergency Protocols at Central Banks Worldwide
Intelligence agencies and financial regulators scramble as the company restricts access to its most powerful model yet, raising questions about private control of critical infrastructure.
By Nadia Chen
Crude Jumps 3% as Trump Extends Iran Ceasefire, Vows Port Blockade Until Peace Deal
Oil markets whipsaw on mixed signals: temporary truce offers relief, but ongoing naval blockade keeps supply risks elevated.
By Nadia Chen
UK Car Finance Compensation Faces Legal Challenge, Pushing Payouts Beyond 2027
Millions of drivers awaiting refunds from mis-selling scandal could face years-long wait as proposed redress scheme draws industry pushback.
By Nadia Chen
Senator Demands Answers on Whether JetBlue Uses Customer Data to Vary Ticket Prices
Lawmakers probe airline over "surveillance pricing" allegations following social media complaints about fluctuating fares.
By Nadia Chen
Mopar Launches Pet Accessories Brand as Automakers Chase the $150 Billion Pet Market
Stellantis parts division debuts Mopaw line targeting the 70% of U.S. households that own pets and vehicles.
By Nadia Chen
Pet Insurers Cancel Policies Mid-Treatment, Leaving Owners With Thousands in Vet Bills
BBC investigation reveals widespread complaints as premiums surge and coverage vanishes when animals fall ill.
By Nadia Chen
SpaceX to Acquire AI Coding Platform Cursor in $50 Billion Deal Ahead of IPO
Elon Musk's space giant makes its largest acquisition ever as it pivots toward artificial intelligence before a long-anticipated public offering.
By Nadia Chen
White House Floats Aid Package for U.A.E. Despite $700 Billion Sovereign Wealth Fund
Trump administration considers financial support for oil-rich Gulf ally damaged in Iran conflict, raising questions about priorities as domestic programs face cuts.
By Nadia Chen
Air Fares Jump 24% as Conflict Forces Airlines to Reroute Around Closed Airspace
Rising fuel costs and longer flight times drive ticket prices to highest level since pandemic recovery began.
By Nadia Chen
Warsh Faces Senate Grilling as Criminal Probe Casts Shadow Over Fed Chair Nomination
Kevin Warsh's confirmation hearing unfolds against backdrop of unprecedented Justice Department investigation into Federal Reserve trading scandal.
By Nadia Chen
Prisoners Turn to AI Chatbots Despite Internet Bans, Finding Workarounds Behind Bars
Inmates across the U.S. are accessing ChatGPT and other AI tools through contraband devices and prison tablets, creating a new frontier in correctional technology policy.
By Nadia Chen
Apple's New CEO John Ternus Inherits a Company at a Crossroads
The longtime hardware chief takes over as Apple faces mounting pressure in AI, China, and regulatory battles worldwide.
By Nadia Chen
Apple Hits $4 Trillion: How Tim Cook Built a Financial Empire on Jobs' Innovation Legacy
Under Cook's leadership, Apple quadrupled its market value through operational excellence and services expansion, even as breakthrough products became scarce.
By Nadia Chen
Gold Surges Past Key Levels as Recession Fears Revive Haven Demand
Precious metal's trajectory now hinges on Federal Reserve's next move amid mounting economic slowdown signals.
By Nadia Chen
Ford Unleashes 795-HP Mustang Dark Horse SC, Most Powerful Factory Pony Car Ever
The supercharged V-8 beast arrives as Detroit doubles down on internal combustion while rivals pivot to electric.
By Nadia Chen
Cloud Gaming Goes Mobile: Nvidia's GeForce Now Brings AAA Titles to Smartphones
Domestic server rollout transforms phones into portable gaming rigs, challenging traditional console and PC dominance
By Nadia Chen
Space Power Startup Files First Trademarks as Industry Consolidation Looms
Helio Corporation moves to protect brand assets amid $630 billion projected market for orbital infrastructure by 2035.
By Nadia Chen
Musk Skips French Prosecutor Meeting as X Faces Criminal Probe
The billionaire's defiance of a legal summons marks the latest escalation in a widening battle between Silicon Valley and European regulators.
By Nadia Chen
Gold Plunges 2.5% as Energy Supply Disruptions Rattle Precious Metals Markets
Safe-haven demand weakens amid shifting geopolitical landscape and supply chain stabilization signals.
By Nadia Chen
Dial 867-5309 Now and You'll Reach a Cancer Helpline Instead of Jenny
The number immortalized in Tommy Tutone's 1982 hit has been repurposed by the Cancer Support Community to connect patients with free support services.
By Nadia Chen
Oil Surges as Middle East Peace Hopes Fade, Dragging Global Markets Lower
Crude prices jump and equities retreat as investors abandon expectations for a swift resolution to regional conflict.
By Nadia Chen
Aer Lingus Cuts Summer Flights as Irish Carrier Adjusts Capacity
Ireland's flag carrier is trimming routes from its summer schedule, though most passengers will be rebooked on alternative same-day services.
By Nadia Chen
Experimental Lung Cancer Drug Shows Promise in Patients with Rare KRAS Mutation
Revolution Medicines unveils Phase 1 data for zoldonrasib targeting previously hard-to-treat genetic variant in non-small cell lung cancer patients.
By Nadia Chen
Buffett Slashes Amazon Holdings by 77%, Pivots to Undisclosed Media Stock
The Berkshire Hathaway chief has already turned a profit on his latest bet — a rare digital play for the traditionally tech-skeptical investor.
By Nadia Chen
UK Finance Chief Convenes Emergency Banking Summit as Market Volatility Spikes
Chancellor Rachel Reeves will meet with top City executives Wednesday amid growing concerns over bond market turbulence and borrowing costs.
By Nadia Chen
InnoCN's $799 OLED Monitor Takes Aim at Samsung and LG's Premium Pricing
The GA27S1Q delivers quantum dot OLED and 240Hz refresh rates at half the price of established competitors.
By Nadia Chen
Bangladesh Hikes Fuel Prices Up to 15% as Middle East Conflict Squeezes Global Oil Supply
Petrol now costs 135 taka per liter as Dhaka joins wave of nations grappling with crude oil surge tied to Iran war escalation.
By Nadia Chen
Australia's Largest Gold Mine Goes Driverless — Workers and Safety Experts Sound Alarm
At Boddington, the country's biggest gold operation, truck drivers now pilot 400-ton haulers from climate-controlled offices miles away, raising questions about job security and on-site risk.
By Nadia Chen