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Business

Follow business news and headlines on the world's most important companies from the Observer.

Harvey Schartz standing with date at a gala.
21 mins ago

Carlyle Group Appoints Harvey Schwartz, Former Goldman Sachs President, as New CEO

After the abrupt departure of Kewsong Lee in 2022, Carlyle has appointed Harvey Schwartz as the firm's new CEO.
By Alexandra Tremayne-Pengelly
MrBeast poses with fans at the launch of the first physical MrBeast Burger Restaurant at American Dream.
1 hour ago

MrBeast’s Sponsors Can Reach a Super Bowl-Sized Audience for Half the Price of a Super Bowl Ad

The creator economy offers an alternative advertising option for companies that want to reach 100+ million people without spending $7 million on a Super Bowl ad.
By Rachyl Jones
5 hours ago

Bank Tech Is Only as Good as the Customers Who Use It

Banks run way behind fintech companies in offering digital financial tools that consumers actually need.
By James Ledbetter
Krishna Subramanian smiles into the camera.
2 days ago

The Super Bowl is an Enormous Opportunity for Social Media Creators

By Rachyl Jones
Exterior shot of Madison Square Garden building
2 days ago

James Dolan’s Facial Recognition Policy May Force Madison Square Garden to Find a New Location

By Alexandra Tremayne-Pengelly
3 days ago

Apple Won’t Replace its VP of Industrial Design, a Role Made Famous by Jony Ive

By Olivia Baker
Apple CEO Tim Cook
3 days ago

Apple CEO Tim Cook Says ‘the Problem Is Behind Us’ After Posting Rare Earnings Miss

By Sissi Cao
Row of NFTs displayed on screens in a gallery
3 days ago

Trademark Lawsuits from Hermès and Bored Ape Yacht Club Could Shape the Future of NFTs

By Alexandra Tremayne-Pengelly
A Nordstrom logo on a store.
3 days ago

Activist Investor Ryan Cohen Buys a Stake in Nordstrom and Pursues Board Shakeup

By Rachyl Jones
3 days ago

Big Tech Has Hit Bottom and Is Poised for a Comeback

By Alex Kantrowitz
Photo of Reels icon on Instagram
4 days ago

Mark Zuckerberg Says Meta Needs to Monetize Reels. Here’s How it Could Happen.

By Rachyl Jones
First UK Rocket Launched From Cornwall
4 days ago

Richard Branson’s Struggling Virgin Orbit Gets Another Lifeline

By Sissi Cao
Students walk along the green campus of Princeton University
4 days ago

U.S. News Depends On its College Rankings. What Happens When Universities Don’t Want To Be Ranked?

By Alexandra Tremayne-Pengelly
In this photo illustration a hand seen holding a padlock and in the background the logo of Netflix on the computer screen.
5 days ago

Netflix is Preparing For Its Dreaded Password Sharing Crackdown But Details Are Scarce

By Rachyl Jones
Apple CEO Tim Cook
5 days ago

Can Apple Avoid Layoffs? Analysts Look For Answers in This Week’s Earnings Report

By Sissi Cao
In this photo illustration, a Reddit logo is displayed on a smartphone.
5 days ago

Reddit’s Delayed IPO May Mean CEO Steve Huffman Needs to Rethink Its Advertising Model

By Rachyl Jones
PayPal lays-off 2,000
5 days ago

PayPal Lays Off 2,000, Citing Challenging Economic Conditions

By Olivia Baker
A Bed Bath & Beyond store is seen on June 29, 2022 in Miami,
5 days ago

Bed Bath & Beyond, an Original Meme Stock, Faces Bankruptcy

By Ellen Chang
Gauatam Adani sitting at a desk, wearing white shirt
5 days ago

Gautam Adani Loses His Title as Asia’s Richest Person After Hindenburg Report

By Alexandra Tremayne-Pengelly
Terry Bollea, aka Hulk Hogan, sits in court.
5 days ago

BDG Media Shutters Re-Launched Gawker and Lays off Staff

By Rachyl Jones
Intel CEO Pat Gelsinger
5 days ago

Intel CEO Pat Gelsinger is Taking a 25% Salary Cut as the Chipmaker Slashes Costs

By Sissi Cao
The 2022 Ford Mustang Mach-E GT
5 days ago

Tesla Isn’t Alone in Cutting EV Price as Economic Conditions Now Favor Car Buyers

By Sissi Cao
Salesforce
6 days ago

Billionaire Paul Singer is the Latest Activist Investor to Take a Stake in Salesforce

By Ellen Chang
Madeline McIntosh smiles at the camera wearing a pink scarf.
6 days ago

Penguin Random House U.S. CEO Madeline McIntosh Is the Latest Company Executive to Quit

By Rachyl Jones
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