BUSINESS

The saga of the billion-dollar sock: The Muppets’ 50th birthday marks a long and profitable run

A variety show that’s still revered for its absurdist, slapstick humor debuted 50 years ago. It starred an irreverent band of characters made of foam

BUSINESS

Billionaire Tom Steyer says he’d vote for California wealth tax

Billionaire Tom Steyer came out in favor of a proposed tax on California’s wealthiest residents, adding a prominent voice to a debate that has divided

BUSINESS

Here’s what stores and restaurants typically stay open during winter storms

A sprawling winter storm is expected to snarl travel and disrupt daily life for hundreds of millions of Americans all the way from the Midwest

BUSINESS

At Davos, AI hype gives way to focus on ROI

Hello and welcome to Eye on AI. In this edition….a dispatch from Davos…OpenAI ‘on track’ for device launch in 2026…Anthropic CEO on China chip sales…and

BUSINESS

EU and Mercosur bloc of South American nations sign trade deal to end quarter-century of talks, just as Trump hits Europe with new tariffs

The European Union and the Mercosur bloc of South American countries formally signed a long-sought landmark free trade agreement on Saturday, capping more than a quarter-century of

BUSINESS

If your phone is on SOS (and you can see this), yes, Verizon is having a major outage across the U.S.

Many Verizon customers encountered a widespread outage on Wednesday, disrupting calling and other cellular services across the U.S. The carrier acknowledged that there was an “issue impacting

BUSINESS

Iran edges closer to a revolution that would reshape the world

As protesters pour into the streets of Iran night after night, leaders across the region and around the world are grappling with the possibility that

BUSINESS

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The Department of Homeland Security’s deployment of more than 2,000 Immigration and Customs Enforcement officers and agents—the largest such enforcement action in U.S. history—turned fatal

BUSINESS

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The OECD announced Monday that nearly 150 countries have agreed on the plan, initially crafted in 2021, to stop large global companies from shifting profits

BUSINESS

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Bridgewater Associates’ flagship money pool posted record gains, while D.E. Shaw & Co.’s strategies soared as much as 28% to rank among the biggest hedge