Illustration by Elham AtaeiazarThe media industry is in the middle of change. There’s little doubt legacy cable TV will continue to bleed millions of subscribers each year as streaming takes over as the primary way the world watches television.Still, the details of what’s about to…

Bill Gates photographed in New York City on June 8, 2022. During a recent interview with the BBC, the billionaire said rich countries needed “to get their emissions down to zero as fast as they can.”Michael Loccisano | Getty Images Entertainment | Getty ImagesBill Gates…

Prices of risky US companies’ debt have risen sharply this year as investors bet the Federal Reserve will bring inflation under control without triggering a damaging recession.Yields on US junk bonds — debt sold by businesses with low credit ratings — have fallen by more…

Minneapolis Federal Reserve President Neel Kashkari said Tuesday that explosive jobs growth in January is evidence that the central bank has more work to do when it comes to taming inflation.That means continuing to hike interest rates, as he sees a likelihood that the Fed’s…

BP’s annual profit more than doubled last year to an all-time high of nearly $28 billion, extending a record run of earnings for the world’s oil majors that is fueling calls for higher taxes on the windfall gains. The British energy company also announced Tuesday…

SoftBank’s Vision Fund, the brainchild of the company’s founder Masayoshi Son, has faced a number of headwinds including a slump in technology stocks as a result of rising interest rates, a tough China market and geopolitics.Kentaro Takahash | Bloomberg | Getty ImagesSoftBank’s flagship investment arm…