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One of the world’s oldest and most prestigious newsrooms will be led by a female editor for the first time. Alessandra Galloni will be the next editor of Reuters News, the company announced on Monday. Galloni will succeed Stephen Adler, who said in January that he planned to step down in April. Reuters conducted what

Fox Corporation chief executive Lachlan Murdoch dismissed the Anti-Defamation League’s demand that the company fire host Tucker Carlson, telling the organization in a letter that his company saw no problem with comments Carlson made about the racist “great replacement” theory. “Fox Corporation shares your values and abhors anti-semitism, white supremacy and racism of any kind,”

Fox Corporation chief executive Lachlan Murdoch dismissed the Anti-Defamation League’s demand that the company fire host Tucker Carlson, telling the organization in a letter that his company saw no problem with comments Carlson made about the racist “great replacement” theory. “Fox Corporation shares your values and abhors anti-semitism, white supremacy and racism of any kind,”

Dozens of business leaders held an hour-long brainstorming session over the weekend to discuss ways to fight controversial voting restrictions proposed in states around the country. The Zoom meeting included Target CEO Brian Cornell, American Airlines CEO Doug Parker, Merck boss Ken Frazier, Atlanta Falcons owner Arthur Blank and James Murdoch, a person familiar with

Shops, gyms, pubs and beauty salons in England have welcomed back customers after three months of lockdown, delivering a crucial boost to retail and hospitality businesses that have been forced to close repeatedly during the pandemic. Shoppers braved unseasonably cold temperatures as they lined up outside stores in cities on Monday after restrictions on non-essential

Cyberattacks are now the foremost risk to the global financial system, even more so than the lending and liquidity risks that led to the 2008 financial crisis, according to Federal Reserve Chairman Jerome Powell. The assessment by one of the world’s leading banking officials underscores how the threat of hacking has become a top concern

China has ordered Alibaba to pay a record fine of 18.2 billion yuan ($2.8 billion) after antitrust regulators concluded that the online shopping giant had been behaving like a monopoly. Chinese state media reported Saturday that the State Administration for Market Regulation had imposed the penalty following an antitrust investigation into Alibaba’s “exclusive dealing agreements”

The bitcoin bull market rages on: The price of one bitcoin is back above $60,000, and not far from its all-time high, as investors gear up for this week’s eagerly awaited direct listing of cryptocurrency exchange Coinbase Global. Bitcoin has more than doubled this year, and it represents just over half of the overall cryptocurrency

In a bold acquisition that could solidify Microsoft’s growing influence in the health care industry, the tech company agreed to buy artificial intelligence developer Nuance in a deal worth $16 billion, excluding debt. Nuance is a leader in healthcare artificial intelligence. Paired with the Microsoft Cloud for Healthcare, introduced in 2020, Microsoft could make a

Federal Reserve Chair Jerome Powell said the US economy is at an “inflection point,” and that growth and job creation is poised to accelerate. Powell made the comments during an interview on CBS News’ “60 Minutes.” In the interview, Powell provided a rosier economic outlook, in contrast to past remarks on the economy’s recovery. “What

Mastercard wants consumers to understand how much their spending habits are contributing to carbon emissions and global warming. The credit card company created a calculator that measures consumers’ carbon footprints based on what they purchase. The tool, which will be available on Monday, focuses on specific spending categories but doesn’t track individual transactions. The calculator

After a raucous start to the year, Wall Street expected non-professional traders to pump chunks of their $1,400 stimulus checks into the stock market, supporting popular names like Tesla and Apple. So far, that doesn’t appear to be happening. Breaking it down: Retail investors who helped power GameStop mania haven’t been rushing to buy their

Alibaba is trying to draw a line under accusations that it behaved like a monopoly after Chinese regulators hit the online shopping giant with a record fine over the weekend. But that doesn’t mean the crackdown on tech in China is over yet. Joe Tsai, Alibaba Group’s co-founder and executive vice chairman, told investors on

It appears travelers are once again eager to take a cruise — and investors may be ready to hop aboard with them. Even though the Centers for Disease Control has yet to give a firm date for when it will allow ships to sail to and from US ports, industry leader Carnival Corp reported last