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DBS, Southeast Asia’s largest bank, partners with VC giant Granite Asia to counter the region’s lack of capital | Fortune
DBS, Southeast Asia’s largest bank, and Granite Asia, an Asia-focused investment fund, are launching a new “first-of-its-kind” partnership to support new startups, underpinned by a new $110 million AI-focused IPO fund offered exclusively to DBS’s high-wealth clients.The partnership, which...
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Delta expects to halt flights at NYC, Boston airports for storm | Fortune
Delta Air Lines Inc. said it expects to suspend operations at New York’s LaGuardia and John F. Kennedy International airports as well as Boston Logan International Airport into Tuesday as a major blizzard heads for the region.“The storm is...
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New round of U.S.-Iran nuclear talks to start Thursday as Trump assembles largest military presence in Mideast in decades | Fortune
The United States and Iran will hold their next round of nuclear talks Thursday in Geneva, a facilitator said Sunday, as the Islamic Republic faces both the threat of a U.S. military strike and new protests at home.Oman’s foreign...
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A two-child household must earn $400,000 a year for childcare to be affordable, study says. ‘It’s easy to see why birth rates are falling’...
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The average American family doesn’t come close to having enough income to comfortably afford childcare, according to a LendingTree study last month.Federal guidelines say that childcare is affordable if it consumes no more than 7% of household income. Citing...
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Older adults are heading back to school and represent the ‘new majority student’ as they seek up-skilling or a career change | Fortune
Interested in starting a business, learning about artificial intelligence or exploring a new hobby? There’s a class for that.Millions of U.S. adults enroll in credit and non-credit college courses to earn professional certificates, learn new skills or to pursue...
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Not all degrees are a waste of time: MBA graduates from Harvard, MIT, and Wharton are making over $245,000 just three years after graduating...
As the job market has tightened, many Gen Z college graduates have struggled to find stable footing—raising new questions about whether a degree is still worth the time and debt burden.But for many MBA students, the return on investment...
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It is time for Europe to weaponise its chokepoints
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Europeans’ great geopolitical awakening has been to realise, first, that they depend on other powers in many near-existential ways, and second,...
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NASA delays moon mission to fix rocket, rules out March launch | Fortune
NASA is preparing to remove its massive moon rocket from its launchpad to fix a technical issue, delaying the agency’s much-anticipated mission to send a crew of four around the moon.On Saturday, NASA announced that it planned to roll back the...
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DOJ probes Netflix’s power over filmmakers in Warner deal review | Fortune
The Justice Department’s investigation of Netflix Inc.’s proposed $72 billion takeover of Warner Bros. Discovery Inc. includes scrutiny of the streaming giant’s behavior and whether it wields anticompetitive leverage over creators in negotiations for acquiring programming.The department is seeking...
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JPMorgan admits for first time it closed Trump’s accounts after the Jan. 6 attack as lender fights his $5 billion ‘debanking’ lawsuit | Fortune
JPMorgan Chase acknowledged for the first time that it closed the bank accounts of President Donald Trump and several of his businesses in the political and legal aftermath of the Jan. 6, 2021 attacks on the U.S. Capitol, the latest development in a...
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Four years into its full-scale war in Ukraine, Russia is feeling the effects
The border with Ukraine is 250km away. But sometimes the front line feels much closer. This part of Russia,...