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American billionaire Bill Ackman on why he sold all his Google stocks to buy Microsoft
Billionaire investor Bill Ackman has clarified that Pershing Square's sale of Alphabet (Google) shares was not a bearish call on the company. Ackman said his hedge fund offloaded its long-held Google stake to fund a fresh $2.1 billion Microsoft position, betting on the software giant's AI prospects, Azure cloud growth, and Copilot adoption after a steep stock decline this year.
OHB and KNDS Weigh Tweaks to Share Sale Timetables to Avoid SpaceX
Two companies planning major share sales in Europe are considering pushing back the launches of their deals to avoid the expected market melee around SpaceX’s record initial public offering in the US.
India RBI to Pay Record Dividend, Misses Market Estimates
India’s central bank will transfer 2.87 trillion rupees ($30 billion) to the government, a record but one that fell short of expectations even as the Iran war pushes up energy prices and strains public finances.
The $4.50 Gas Economy: Fewer Nights Out, More Belt-Tightening
Higher prices at the pump are making Avarisse Crawford rethink her spending. The 33-year-old has started scaling back her “fun budget,” meaning fewer steak dinners and happy hours with coworkers — instead she’s seeking out free activities, like going to the park.
Best Stocks To Buy Now For June 2026
Today’s StocksEditors' PickMoneyBest Stocks To Buy Now For June 2026ByCatherine Brock,Contributor.Edited bySophia Acevedo,Associate Editor.for Investor HubFollow AuthorsMay 22, 2026, 06:30am EDTTABLE OF CONTENTS10 Top Stocks To Buy Now For June 2026 1. Nvidia (NVDA)2. Microsoft (MSFT) 3. Berkshire Hathaway (BRK.B) 4. Eli Lilly (LLY) 5. Micron Technology (MU) 6. Visa (V) (H2)7. Mastercard (MA) 8. Chevron (CVX) 9. Netflix (NFLX)10. AbbVie (ABBV) Women checks stock performance while sitting at a ta...
The shocking death of Kyle Busch, plus another NHL upset
The Pulse Newsletter 📣 | This is The Athletic’s daily sports newsletter. Sign up here to receive The Pulse directly in your inbox. Good morning. We start today with heavy news. Coming up: 🙏 RIP, Kyle Busch 🏒 Montreal does it again 🗽 Knicks roll NASCAR star Kyle Busch is dead at 41, a sentence still hard to believe nearly a full day after the news broke. He leaves behind two children, ages 4 and 11, and a legacy like no other in racing. His death is shocking for both the sport he helped s...
Buyout Bankers Go Big on Debt Pre-Sales to Thwart Fickle Markets
Timing can make or break a leveraged debt sale. Get it right, and banks secure cheap financing for their client and maximize fees. Get it wrong, and they can end up with their profits — and reputation — on the line.
Hormuz crisis: Venezuela becomes India’s third-largest crude oil supplier in May
Venezuela has surged to become India's third-largest crude oil supplier this May, surpassing Saudi Arabia and the US. Indian refiners are boosting purchases of cheaper Venezuelan heavy crude due to its attractive economics and compatibility with complex refineries. This shift comes as West Asia conflict disrupts traditional shipping routes, prompting India to diversify its oil sourcing.
The 93+ absolute best Memorial Day sales worth shopping
Deals and SalesThere are thousands of Memorial Day sales, these 93+ are actually good: Deals on Supergoop, Apple and moreSome of our favorite products are deeply discounted for the holiday weekend.May 22, 2026, 6:00 AM EDTHarry RabinowitzTech ReporterSkip to table of contentsIt may not be Black Friday, but Memorial Day weekend is one of the best times to shop before summer hits. Amazon; Kara Birnbaum / NBC News; BrooklinenMemorial Day 2026 is here, and many of our favorite brands and retailers a...
Nation’s largest public pension fund plagued by secrecy and underperformance, probe finds
EXCLUSIVEU.S. newsU.S. newsNation’s largest public pension fund plagued by secrecy and underperformance, probe findsThe independent report was commissioned by a nonprofit group that includes retirees who were concerned about the $630 billion California Public Employees’ Retirement System.Listen to this article with a free account00:0000:00The headquarters of the California Public Employees' Retirement System, or CalPERS, in Sacramento.Xavier Mascarenas / TNS via ShutterstockShareAdd NBC News to...
When Capital Aggregation Distorts Markets: The Case For Structural Reform Through Tokenization
InnovationWhen Capital Aggregation Distorts Markets: The Case For Structural Reform Through TokenizationByIvan Kan,Forbes Councils Member.for Forbes Technology CouncilCOUNCIL POSTExpertise from Forbes Councils members, operated under license. Opinions expressed are those of the author. | Membership (fee-based)May 22, 2026, 06:00am EDTIvan Kan, global investor and entrepreneur at the intersection of capital markets, tokenization and emerging tech. Investor in HackIndia. gettySomething fundamental...
Morrisons ‘to shut 100 lossmaking convenience shops’
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Samsung Chip Workers Face Colleagues’ Resentment Over Bonus Deal
Samsung Electronics Co. staved off a potentially catastrophic strike this week, reaching a tentative deal with leaders of its largest union at the last minute to share more profits from the AI boom. But inside the $1.1 trillion technology behemoth, not everyone is happy.
Cubans grapple with fuel shortages and blackouts as US steps up pressure
Cubans grapple with fuel shortages and blackouts as US steps up pressure10 minutes agoShareSaveAdd as preferred on GoogleWill GrantBBC's Mexico, Central America and Cuba correspondentBBCAna Rosa Romero says she barely leaves her apartment due to the uncertainty of what might happenThe incident at the centre of a murder charge against Cuba's former president, Raúl Castro, is burned into the collective memory of both Havana and Miami. The US case, unveiled on Wednesday, accuses Castro and five oth...
'You are going to lose your job': Nvidia CEO Jensen Huang warns employees across industries
Nvidia CEO Jensen Huang issued a stark warning: failing to embrace AI could cost jobs. He believes AI will automate routine tasks, boosting creativity and decision-making, potentially doubling global GDP. Huang also admitted Nvidia has largely lost China's AI chip market to Huawei due to US restrictions, with their market share dropping to zero.
Number of air conditioned UK homes doubles to more than 4m in three years
Greater working from home and hot summer temperatures believed to be driving increase in ownershipAn estimated 4m homes in the UK now have air conditioning, double the figure from three years ago as Britons complain of “unliveable” conditions during high temperatures.Portable units with power ratings around 1kW are slightly more common than the more powerful built-in versions that can guzzle 2.7kW of power – more than an electric oven. Continue reading...
Air India CEO says successor will have 'hands full' - Emirates 24|7
Air India CEO says successor will have 'hands full' Emirates 24|7
China to Penalize Tiger, Futu in Cross-Border Flow Crackdown
China’s securities regulator plans to penalize Futu Holdings Ltd., UP Fintech Holding Ltd.’s Tiger Brokers and Longbridge Securities Ltd. for operating on the mainland without a license, marking a sharp escalation in a yearslong campaign against illicit cross-border brokerages.
Estée Lauder ends merger talks with Gaultier owner Puig
Sticking points to build beauty powerhouse included which family would hold balance of power, according to FTBusiness live – latest updatesThe US cosmetics company Estée Lauder has ended merger talks with its Spanish rival Puig to create a fashion and beauty retailer worth almost $40bn (£30bn/€34.5bn) after failing to agree which would hold the balance of power in the combined group.Estée Lauder is one of the world’s biggest manufacturers of skin care, makeup and fragrances with a portfolio that...
PM Shehbaz says Pakistan taking measures on a priority basis to increase foreign investment
Prime Minister Shehbaz Sharif on Friday said that Pakistan was taking measures on a priority basis to increase foreign investment in the country, according to a statement by the Prime Minister’s House (PMO). He made the remarks during a meeting with a delegation from Qatar’s Taameer Group, led by its founder Mohammad Hussain Al Ali, the PMO said in a statement. “Qatar is a longstanding friend of Pakistan that has always stood by the country in diff...