Stay connected to the biggest stories unfolding in the global economy.
The IBT Pulse Newsletter keeps you connected to the biggest stories unfolding in the global economy.
British conservative politicians Boris Johnson and Theresa May are set Thursday to announce bids to succeed David Cameron as leader of the Conservative Party, and as the U.K.'s prime minister. The campaign comes amid bitter infighting in both of Britain's largest political parties in the aftermath of the Brexit vote.
Families of prisoners in the U.S. pay as much as $1 a minute to talk to their loved ones behind bars. Nine months ago, the FCC ordered private prison phone carriers to lower prices, but the carriers and law enforcement agencies that profit from the system have found a way to keep the money coming in.
The struggling internet giant's CEO, Marissa Mayer, will preside over what could be its last-ever shareholders meeting in California on Thursday. With shareholders expected to approve new board members who are keen for Yahoo to sell its core internet businesses, the company, in its current form, could soon become a thing of the past.
With Hillary Clinton embroiled in a long-running controversy over her use of email, it looks like Republican rival Donald Trump has decided to try an email scandal of his own on for size. A complaint filed against the Trump campaign alleges that it sent out emails soliciting donations from foreign nationals, which is a crime under election law.
Nearly two years after Google announced plans to connect the U.S. with Japan via a high-speed undersea cable, the company announced Wednesday that the service is up and running. The cable is said to be important in supporting high-speed cloud computing, and its activation comes ahead of the launch of Google's cloud platform in Asia later this year.
The senate on Wednesday approved a bill to alleviate Puerto Rico’s staggering $72 billion debt crisis. The bill is seen as a compromise measure, that will allow the U.S. territory to access something akin to a bankruptcy process, while giving the island's creditors a chance to get their money back. But what happens next?
In the aftermath of the #OscarsSoWhite controversy, the Academy of Motion Picture Arts and Sciences on Wednesday announced its largest and most diverse group of new inductees ever. The 683-member class, out of a membership exceeding 6,000, is 46 percent female and 41 percent people of color, and ranges in age from 24 to 91.
In a new transparency push, the social network on Wednesday released its “News Feed Values,” which guide what it shows to its audience of 1.65 billion every month. The release was the first time that Facebook has made this information public, and comes after accusations from former contractors that the site suppressed conservative news stories.
U.S. sanctions against Iran were only lifted in January, so how was it that Iranian airlines were able to purchase U.S.-made aircraft while they were still in place? Our investigative team finds out.