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When Germany Votes, It Will Be About the Economy

When German voters go to the polls on Sunday, the fate of companies like SKW Piesteritz will be at the top of their minds. The chemical factory halved its annual Christmas bonus for workers last year, and it just shut down one of its two ammonia plants. Hammered by high energy costs and what they […]

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Cryptocurrency theft of £1.1bn could be biggest ever

Faarea Masud BBC Business reporter Getty Images Cryptocurrency firm Bybit said hackers stole $1.5bn (£1.1bn) worth of digital currency in what could be the biggest crypto theft in history. The Dubai-based company’s founder told users that their funds were “safe” and that if would refund any of those affected. It said hackers stole from its […]

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Coffee Prices Are Soaring, but Growers Aren’t Celebrating

These should be wonderful times at Finca El Puente, a coffee plantation carved into the mountains of southwestern Honduras. On world markets, the price of ordinary coffee has more than doubled over the past year. The specialty varieties of coffee harvested at the farm have long commanded a hefty premium, reflecting their status as the […]

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Trump Administration Stalls Scientific Research Despite Court Ruling

The Trump administration has blocked key parts of the federal government’s apparatus for funding biomedical research, effectively halting progress on much of the country’s future work on illnesses like cancer and addiction despite a federal judge’s order to release grant money. The blockage, outlined in internal government memos, stems from an order forbidding health officials […]

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MLS turns 30: Will pro/rel, big spending fuel next 30 years?

Jeff CarlisleFeb 18, 2025, 01:01 PM ET Close Jeff Carlisle covers MLS and the U.S. national team for ESPN FC. When the 2025 MLS regular season kicks off Saturday, the league will have reached an impressive milestone by beginning its 30th season. That MLS has lasted this long — more than any other top-flight professional […]

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As the U.S. Exits Foreign Aid, Who Will Fill the Gap?

As the reality sets in that the United States is drastically diminishing its foreign assistance to developing countries, an urgent conversation is starting among governments, philanthropists, and global health and development organizations. It is centered on one crucial question: Who will fill this gap? Last year, the United States contributed about $12 billion to global […]

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Profits, Not D.E.I., Are Why Companies Exist

A prominent group of chief executives said almost six years ago that making profits for shareholders was only part of their business — and not necessarily the main part. Speaking collectively as the Business Roundtable, C.E.O.s from companies like Johnson & Johnson, FedEx, Wells Fargo and Amazon said that, really, they were devoted to serving […]

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