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School shooting in Sweden wounds teenager, suspect apprehended

September 4, 2024

More office space is being removed than added for the first time in at least 25 years
After several years of deep distress, the beleaguered U.S. office market has reached an inflection point. This year, office conversions and demolitions will exceed new construction for the first time in at least 25 years. Simply put, more office space is being removed than added, shrinking the overall office footprint, according to exclusive new data…
Elon Musk’s Neuralink raises $650 million in fresh capital
Elon Musk’s brain tech startup Neuralink has closed a $650 million funding round, the company announced Monday. ARK Invest, Founders Fund, Sequoia Capital, Thrive Capital, Lightspeed Venture Partners and other firms participated in the round, according to a press release. Neuralink said the fresh capital will help the company bring its technology to more patients…
Uber delivery chief Gore-Coty is leaving after almost 13 years at ride-hailing company
Uber said Monday that Pierre-Dimitri Gore-Coty, one of the company’s longest-tenured top executives and the head of is delivery business is leaving after almost 13 years. Gore-Coty joined Uber as a general manager in France in 2012, and worked his way up to become vice president of mobility for the Europe and Middle East region…
This is why Jamie Dimon is always so gloomy on the economy
The more Jamie Dimon worries, the better his bank seems to do. As JPMorgan Chase has grown larger, more profitable and increasingly more crucial to the U.S. economy in recent years, its star CEO has grown more vocal about what could go wrong — all while things keep going right for his bank. In the…
Warning of overseas outbreaks, CDC urges Americans to get the measles vaccine before traveling abroad
The Centers for Disease Control and Prevention is urging Americans to make sure they’re protected against measles before traveling to other countries this summer. Last week, the agency updated its travel guidance for the virus as cases pop up nationwide. Nearly all exposures at airports are linked to international travel. That includes six cases linked…
Mazda bets on burnished brand to ride out Trump’s tariffs
TOKYO — Mazda Motor’s efforts to improve its brand in the U.S. will be tested by how well they ease the pain from the Trump administration’s auto tariffs. The Japanese automaker sold 37,000 vehicles in the U.S. this April, up 21% on the year. A rush of purchases ahead of possible price hikes drove the…
Mongolia’s PM loses confidence vote, paving way for uncertain transition
ULAANBAATAR — Mongolia’s embattled Prime Minister Oyun-Erdene Luvsannamsrai was ousted on Tuesday after failing to secure enough votes in a parliament confidence motion. While some view the outcome as a destabilizing blow that could hurt the economy, others see it as a necess reckoning, a critical step toward restoring accountability and reinvigorating Mongolia’s democracy.
Trump visa scrutiny expands beyond students to tech and business staff
WASHINGTON — U.S. President Donald Trump’s restrictive policy on student visas appears be spreading to work visas issued for foreign engineers and business professionals, raising concern about the impact on corporate activity and the economy as a whole. Aizada Marat, CEO and founder of legal industry technology company and law firm Alma in California, said…