LONDON (Reuters) – Global stocks rose for the seventh straight day to reach a record high on Tuesday, while bitcoin also reached a peak after an endorsement from Tesla Inc in the prior session had sent the cryptocurrency up 20%.FILE PHOTO: The London Stock Exchange Group offices are seen in the City of London, Britain, December 29, 2017. REUTERS/Toby MelvilleRobust […]

Former Buffy the Vampire and Angel actress Charisma Carpenter accused those shows’ creator, Joss Whedon, of abusive and and harassing behavior on set. In an Instagram message posted Tuesday, the actress says the incidents “triggered a chronic physical condition from which I still suffer.” Carpenter claims the Buffy creator called her “fat” when she was 4 months pregnant, threatened to […]

Rome was not built in a day — and neither are multi-billion dollar corporations. The Fortune 500 list of the largest U.S. public companies by revenue is dominated by decades-old and even century-old companies.  Still, there are a handful of exceptions. Every year, new startups are formed and conglomerates are restructured — and in some cases, these companies soon report […]

Softwood lumber prices are now about 112% higher than they were a year ago and have jumped 10% in just the past week, according to Random Lengths. Low interest rates are playing into lumber prices, heating demand for housing and giving builders more incentive to increase production. The cost of lumber is going through the roof, and that is hitting […]

The pandemic’s damage to the labor market unevenly hit low-wage, Black, and female workers. A Fed study found minorities and those making less than $30,000 saw outsize drops in employment last spring. The employment disparities have closed considerably as the labor market healed. Visit the Business section of Insider for more stories. Black, low-wage, and female workers bore the brunt […]

Belstaff is introducing a denim collection at its New York flagship this week. The denim is designed in collaboration with London-based atelier Blackhorse Lane, who manufactures selvedge and organic raw denim garments with a focus on sustainability. The collection features denim jeans, jackets and bag for men and women. The line uses only organic cotton and denim woven in Europe, […]

SINGAPORE – DBS Group Holdings posted a 33 per cent plunge in fourth-quarter earnings as its net interest margin fell and it set aside higher allowances for potential bad loans. South-east Asia’s biggest lender on Wednesday (Feb 10) reported net profit of $1.01 billion, down from $1.5 billion a year ago. Its earnings were in line with an average estimate of […]

Paris (CNN)A Paris court has found France legally responsible for its failure to meet targets intended to reduce greenhouse gas emissions. The lawsuit was launched by four NGOs, including Greenpeace France and Oxfam France, following an online petition that gathered 2.3 million signatures — the largest in French history, according to organizers. Signatories hoped to “compel the State to take […]