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Business

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

Starlink
12 hours ago

Elon Musk Is One Step Closer to Taking SpaceX’s Starlink Public

Elon Musk has said SpaceX will take Starlink public once cash flow is predictable. Starlink achieved positive cash flow in 2022, according to president Gwynne Shotwell.
By Sissi Cao
Woman holds five Birkin bags in different colors
12 hours ago

Now That Birkin NFTs Are Illegal, What Happens to the Ones Collectors Bought?

Hermès just won its trademark case against the "MetaBirkin" NFTs, but destroying the digital art collection won't be so easy.
By Alexandra Tremayne-Pengelly
Disney CEO Robert Iger smiles at the Oscars.
15 hours ago

Why Bob Iger Thinks the Future of Sports is Streaming

A shift from traditional television to streaming is inevitable for ESPN, Disney CEO Bob Iger said in an earnings call. The removal of ESPN from linear models could lead to other sports networks doing the same, which could contribute to huge losses for traditional television companies.
By Rachyl Jones
Tesla stock jumps.
18 hours ago

Tesla’s Share Price Has Nearly Doubled This Year

By Sissi Cao
Man sits and reads in chair at ornate and large lounge room.
24 hours ago

Their Future Uncertain, New York’s Ivy League Clubs Struggle to Remain Relevant

By Alexandra Tremayne-Pengelly
Bob Iger smiles for a photo at an awards ceremony.
2 days ago

Under Bob Iger 2.0, Disney Reports Higher Earnings Amid Layoffs, Restructuring

By Rachyl Jones
Skyscraper building with blue sky in background
2 days ago

Banks Fight Back Against Claims They Facilitated Jeffrey Epstein’s Abuse

By Alexandra Tremayne-Pengelly
2 days ago

Here’s How AI Will Transform the Creator Economy

By Roger Patterson
Adam Neumann speaks at conference, blue background behind him
2 days ago

WeWork Founder Adam Neumann Is Back With Another Real Estate Venture

By Alexandra Tremayne-Pengelly
Microsoft CEO Satya Nadella
3 days ago

ChatGPT Has Kicked Off a Big Tech AI Race for Search

By Sissi Cao
The logo of the Disney+ streaming service hangs above a Disney booth
3 days ago

Disney’s Licensing Experiment Could Reshape Streaming

By Rachyl Jones
Tom Brady smiles into the distance in front of a blue backdrop.
3 days ago

Why Fox Sports Thinks Tom Brady is Worth $375 Million as an NFL Analyst

By Rachyl Jones
Carl Icahn on stage at 2015 New York Times Dealbook Conference.
3 days ago

The ‘Carl Icahn Strategy’ of Purging Employees Leads a Xerox Executive to Sue Over His Ouster

By Alexandra Tremayne-Pengelly
Tesla Model Y
4 days ago

Tesla Quietly Reverses its Price Cuts After the IRS Revises EV Tax Credit Rules

By Sissi Cao
4 days ago

So Mickey Mouse Is About to Enter the Public Domain. Can Anyone Actually Make Money Off Him?

By Erik Sherman
SpaceX Launches Tesla Roadster Into Space
4 days ago

SpaceX Launched Elon Musk’s Tesla Roadster Toward Mars 5 Years Ago. Where Is It Now?

By Sissi Cao
Harvey Schartz standing with date at a gala.
4 days ago

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

By Alexandra Tremayne-Pengelly
MrBeast poses with fans at the launch of the first physical MrBeast Burger Restaurant at American Dream.
4 days ago

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

By Rachyl Jones
4 days ago

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

By James Ledbetter
Krishna Subramanian smiles into the camera.
6 days ago

The Super Bowl is an Enormous Opportunity for Social Media Creators

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

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

By Alexandra Tremayne-Pengelly
6 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
7 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
7 days ago

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

By Alexandra Tremayne-Pengelly
More
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