BUSINESS

Philips Losses Worse Than Expected In 2024

Philips losses were deeper than expected in 2024
Philips on Wednesday posted worse-than-expected losses in 2024, as the Dutch medical device maker bids to turn the page on a damaging recall of faulty sleep machines.
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US President Donald Trump announces reciprocal tariffs from the White House Oval Office on February 13, 2025 as Howard Lutnick looks on

US Lawmakers Confirm Howard Lutnick As Commerce Secretary

The US Senate voted Tuesday to confirm Wall Street billionaire Howard Lutnick as commerce secretary, a key step towards the rollout of President Donald Trump's "America First" trade policy, which uses tariffs as a broad negotiation tool.
Business

When Is Business Efficiency Optimal?

For most business owners, the correct approach is to practice ongoing efficiency optimization, running ongoing experiments and making constant tweaks to gradually inch closer to that perfection ideal.
Elon Musk's AI company is releasing a new version of its chatbot, Grok

Musk Launches 'Scary Smart' AI Chatbot

Elon Musk's artificial intelligence company unveiled Monday the latest version of its chatbot, Grok 3, which the billionaire hopes will find traction in a highly competitive sector contested by the likes of ChatGPT and China's DeepSeek.
Alibaba led a rally in tech firms in Hong Kong

Tech Rally Helps Hong Kong Lead Asian Markets Higher

Hong Kong resumed its tech-led rally on a healthy day for Asian markets Tuesday as a meeting between President Xi Jinping and China's top business leaders fanned hopes that a years-long crackdown on the private sector is coming to an end.

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