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Hong Kong Is Bullish on Crypto. Its Banks Aren't So Sure.
Crypto CEOs used to talk about disrupting the financial system. Now some of them are struggling to find a bank. Source link
Call of Duty Will Stay on PlayStation After Microsoft-Activision Deal
What to Read Next Source link
H&M Now Wants to Sell You Makeup, Sofas and Crocs
The retailer is moving further beyond its clothing label, doubling down on beauty products, housewares and selling other brands to draw in more shoppers. Source
How Allbirds Lost Its Way
Quality complaints—and intractable holes—have dogged the hot shoe company, which rolled out an assortment of new products but found environmental sustainability a tough sell. Source
Drugs Like Ozempic Created a Gold Rush. These Drugmakers Want In.
Companies developing weight-loss drugs have raised or made deals valued at more than $1.4 billion since about a year ago. Source link
Venture Firms Scale Back Megafunds
The prolonged startup bear market is forcing some venture firms to unwind investments and scale down expansion plans. Source link
United Pilots Would Get Raises of Up to 40% Under Preliminary Deal
The pact follows agreements at Delta and American that included significant raises for pilots. Source link
The Big Question for Managers on AI: Who Gets the Job of Figuring It Out?
Companies create committees and teams to seize on the potential of artificial intelligence as executives debate how best to handle the technology. Source link
Companies and the Terrible, Horrible, No Good, Very Bad Earnings Season
What the 18th-century economist Adam Smith wrote about self-interest still applies. Source link