Investing

“Will check with the President,” billionaire Elon Musk replied to a tweet proposing a refund check to taxpayers funded by DOGE’s savings.

Even as venture capital funding for the industry continued to fall in 2024, many fintechs–especially those serving other businesses—flourished. Here’s the Forbes Fintech 50 for 2025.

The Reserve Bank cut rates for the first time since 2020. So what now?

Star Entertainment Group—backed by Australian billionaire Bruce Mathieson—has received $414 million debt refinancing offer from U.S. alternative asset manager Oaktree Capital Management, providing the cash-strapped casino operator a potential lifeline.

The Reserve Bank of Australia will announce today if a much-anticipated rate cut will take place. If it does, it may buoy businesses, says Airwallex’ head of ANZ.

Elon Musk’s political activities and foreign business interests have converged as he takes center stage in the second Trump administration.

Robyn Denholm, who’s led the board since 2018, made $168 million in the past year exercising stock options in the company, including sales worth $43 million last week.

The proposal, which was announced in December, ran into a wall after Honda proposed a structure that would make Nissan its subsidiary instead of an equal partner.

“Changes to the organizational structure will improve standardization, centralization, efficiency and results,” explained Chevron Vice Chairman Mark Nelson in a statement.

Seoul-based FuriosaAI was founded in 2017 and is led by June Paik, who previously worked at Samsung Electronics and AMD.