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Business

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

Grey metal seal with SEC logo hangs outside grey brick building.
2 hours ago

The SEC Charges New York City Law Firm in $8.4 Million Ponzi Scheme

The SEC is charging a New York City law firm for allegedly aiding a Ponzi scheme which saw investors lose more than $8 million.
By Alexandra Tremayne-Pengelly
Jack Ma in a white shirt.
5 hours ago

Chinese Tech Giant Alibaba Breaks Up As Founder Jack Ma Returns to China

Jack Ma's return to China sparks hopes for an easier regulatory environment for the country's tech companies.
By Sissi Cao
Bob Iger smiles for the camera in front of a wall depicting the Oscars logo.
5 hours ago

Investor Pressure Is Stunting Disney CEO Bob Iger’s Metaverse Ambitions

Bob Iger is a big proponent of the metaverse, but Disney's investors are more interested in cutting non-essential businesses. Disney's metaverse team was reportedly laid off.
By Rachyl Jones
Young boy runs on the street outside a Gucci store.
8 hours ago

Gucci Ventures Further into the Metaverse With a Yuga Labs Collaboration

By Alexandra Tremayne-Pengelly
Elon Musk and Twitter photo illustration
1 day ago

Elon Musk Says Twitter Has Lost Half Its Value Since He Paid $44 Billion For It

By Sissi Cao
Pinterest logo is displayed on a mobile phone screen.
1 day ago

Pinterest CEO Bill Ready Impresses Investors with New Advertising Strategy

By Rachyl Jones
Tim Cook in a black suit.
1 day ago

Tim Cook Touts Apple’s ‘Symbiotic’ Relationship With China Even as Tensions Rise

By Sissi Cao
Silhouette woman sits on a bench in museum and a painting hangs on a dark blue wall behind her.
1 day ago

Credit Suisse’s Decline Leaves the Future of Its Museum Sponsorships in Limbo

By Alexandra Tremayne-Pengelly
Google CEO Sundar Pichai in a black suit.
4 days ago

Google CEO Sundar Pichai Would Rather Talk About Bard Than Unhappy Employees

By Sissi Cao
Mark Zuckerberg stands on stage with two huge Oculus Quest headsets on a screen behind him.
4 days ago

The Metaverse Mark Zuckerberg is Pushing Isn’t the One Consumers Want

By Rachyl Jones
Elon Musk wearing an "Occupy Mars" t-shirt.
5 days ago

Elon Musk’s SpaceX Is Courting Two Middle Eastern Investment Powerhouses

By Sissi Cao
A man speaks in while sitting at a table in Congress.
5 days ago

All of Big Tech Could Be in Trouble After TikTok CEO Shou Zi Chew’s Testimony in Congress

By Rachyl Jones
Close-up shot of Alvin Bragg, middle-aged District Attorney.
5 days ago

While the World Waits for a Trump Arrest, Alvin Bragg is Busy Repatriating Antiquities

By Alexandra Tremayne-Pengelly
Jack Dorsey in an orange shirt.
5 days ago

Short Seller Hindenburg Targets Block, Jack Dorsey’s Fintech Company

By Sissi Cao
A woman holds up a poster depicting an image of Donald Trump behind bars.
6 days ago

Investors of Digital World Acquisition Corp. Can’t Wait for Donald Trump’s Arrest

By Rachyl Jones
Bill Gates in a black suit.
6 days ago

Bill Gates Says the New AIs Are as Revolutionary as Personal Computers

By Sissi Cao
Man walks into the stone IRS building in Washington next to a sign reading "Internal Revenue Service"
6 days ago

The IRS Wants to Tax NFTs as Physical Collectibles, Not Financial Assets

By Alexandra Tremayne-Pengelly
Virgin Orbit goes public
6 days ago

Space Business Startups Are Struggling to Lift Off As SPAC Consequences Sink In

By Sissi Cao
A person walks past the Fox News Headquarters at the News Corporation building. A sign reads, "How do you Fox News?"
Mar 21

Fox Shareholders Aren’t Shaken by the Dominion Lawsuit Drama

By Rachyl Jones
Empty frame on ornate wall, flanked by two paintings.
Mar 21

Boston’s Isabella Stewart Gardner Museum Closed Over a Planned Climate Protest

By Alexandra Tremayne-Pengelly
Entrance of the Met museum
Mar 20

Met Museum Accused of Holding More Than 1,000 Antiquities Linked to Traffickers

By Alexandra Tremayne-Pengelly
Kevin Paffrath wears a suit in front of a brick wall.
Mar 20

When Influencers Are Sued for Illegal YouTube Promotions, Who Is to Blame?

By Rachyl Jones
Red sign with Christie's in white letters.
Mar 20

Upcoming Christie’s Sale Includes a Nepalese Sculpture Tied to Antiquity Looters

By Alexandra Tremayne-Pengelly
SVB
Mar 20

Hundreds More U.S. Banks Could Fail Like Silicon Valley Bank, Study Shows

By Sissi Cao
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