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Business

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

TikTok and Facebook logos displayed on phone screens and a laptop keyboard
4 hours ago

Meta Has a TikTok Problem, and It’s Hiring BuzzFeed to Help

Meta contracting BuzzFeed could mean its own initiatives to attract creators aren't working.
By Rachyl Jones
Elon Musk sets new target for Tesla valuation
4 hours ago

Elon Musk Promises to Boost Tesla Profitability—and Investors Believe Him

Tesla's profitability on electric cars is taking a hit from its recent price cuts, but CEO Elon Musk said he has a plan to fix it.
By Sissi Cao
View of entry to Madison Square Garden at night
8 hours ago

New York’s Attorney General Investigates MSG’s Use of Facial Recognition to Ban Lawyers

NY AG Letitia James wants answers from Madison Square Garden over its use of facial recognition technology to bar entry for lawyers involved in litigation against the company.
By Alexandra Tremayne-Pengelly
M1A2 Abrams tanks
9 hours ago

What You Need to Know About the M1 Abrams Tank Headed to Ukraine

By Olivia Baker
Michael Steinhardt speaks onstage at the Champions of Jewish Values
9 hours ago

Antiquities Seized From Billionaire Michael Steinhardt Repatriated to Italy

By Alexandra Tremayne-Pengelly
Mike Tyson walking down the street in black t-shirt
10 hours ago

Mike Tyson Among the Latest To Be Sued Under New York’s Sexual Assault Law

By Alexandra Tremayne-Pengelly
Elon Musk's face appears within a ring of Twitter logos.
10 hours ago

Elon Musk Is Trying to Raise $3 Billion to Pay Off Twitter’s Debt But No One Seems Interested

By Sissi Cao
A building with a "People" logo.
10 hours ago

IAC’s Dotdash Meredith Will Lay Off 7% of its Staff, or 274 Employees

By Rachyl Jones
Tesla Model 3 and Model Y
1 day ago

Tesla Posts Record High 2022 Earnings but Profits Are Hurt by Price Cuts

By Sissi Cao
Microsoft OpenAI
1 day ago

Microsoft’s ChatGPT Deal Means Bing and Office Could Get Smarter Faster

By Sissi Cao
Microsoft store
1 day ago

Microsoft’s Cloud Business Is Booming But Device Sales Continues Its Free Fall

By Sissi Cao
The Vice logo appears on an office building.
1 day ago

Vice Media Will Create Arabic Content with Saudi-Backed MBC Group

By Rachyl Jones
Boeing
1 day ago

Boeing Posts a Surprise Loss Despite Booming Aircraft Sales in 2022

By Sissi Cao
Guatam Adani profile against light blue background
1 day ago

Billionaire Gautam Adani Accused of “Brazen Stock Manipulation” by U.S. Research Firm

By Alexandra Tremayne-Pengelly
Entrance to Fox News headquarters at NewsCorp Building in New York.
2 days ago

Rupert Murdoch Calls Off the News Corp and Fox Merger

By Rachyl Jones
Exterior shot of Harvard Medical School building
2 days ago

Harvard Leads an Exodus of Medical Schools Withdrawing from US News Rankings

By Alexandra Tremayne-Pengelly
Rocket Lab Electron
2 days ago

Rocket Lab is Launching From US Soil to Challenge SpaceX

By Sissi Cao
The TikTok logo is displayed outside a TikTok office
2 days ago

TikTok Is Cracking Down on Remote Work With Threats of Termination

By Rachyl Jones
A red metal sculpture outside the Orlando Museum of Art.
2 days ago

Orlando Museum of Art Sanctioned After Basquiat Scandal

By Alexandra Tremayne-Pengelly
OpenAI ChatGPT illustration
2 days ago

ChatGPT Is Preparing to Introduce a Premium Version For $42 a Month

By Sissi Cao
Three men speak on stage in front of a FiveThirtyEight powerpoint.
2 days ago

ABC News is Considering Unloading Nate Silver’s FiveThirtyEight

By Rachyl Jones
Tesla Q4
3 days ago

Six Questions Analysts Should Ask Elon Musk During Tesla’s Upcoming Earnings Call

By Sissi Cao
View of Manhattan skyline, showing a number of construction sites
3 days ago

Construction Fatalities in New York City Reach 10-Year High

By Alexandra Tremayne-Pengelly
A woman takes a picture of a child next to the red and yellow M&M's mascot statues.
3 days ago

How Did M&M’s Mascots Become the Latest Victim of the Culture War?

By Rachyl Jones
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