Masayoshi Son, chairman and chief executive officer of SoftBank Group Corp. Kiyoshi Ota | Bloomberg | Getty Images SoftBank Group chairman and CEO Masayoshi Son on Wednesday said that the Japanese investment firm plans to shift from “defense mode” to “offense mode” and wants to capitalize on the AI revolution. …

U. S. President Joe Biden calls Chinese President Xi Jinping a dictator in comments on Tuesday at a California fundraiser for his re-election campaign. Mark Makela | Getty Images News | Getty Images U.S. President Joe Biden referred to Chinese President Xi Jinping as a dictator in comments underscoring the …

The headquarters of Grab Holdings Ltd., in Singapore. Grab Holdings Ltd., reported its latest earnings on Feb. 23, 2023. Bryan van der Beek | Bloomberg | Getty Images Singapore-based Grab Holdings is cutting over 1,000 jobs, its CEO said Tuesday, in a bid to manage costs and reorganize the company …

U.S. President Joe Biden and Indian Prime Minister Narendra Modi participate in a bilateral meeting in the Oval Office of the White House on September 24, 2021 in Washington, DC. Pool | Getty Images News | Getty Images Indian Prime Minister Narendra Modi will meet President Joe Biden on Thursday …

Nio’s ET5 stands on display at the Central China International Auto Show on May 25, 2023, in Wuhan, China. Getty Images | Getty Images News | Getty Images BEIJING — Chinese electric car company Nio announced Tuesday it received $738.5 million in new capital from a fund owned by the …

US Secretary of State Antony Blinken (L) meets with China’s President Xi Jinping (R) at the Great Hall of the People in Beijing on June 19, 2023. Leah Millis | Afp | Getty Images BEIJING — Secretary of State Antony Blinken underscored the importance of the economic aspects of the …

CNBC’s Jim Cramer sat down with Ford CEO Jim Farley on Tuesday to discuss the company’s earnings, future, electric vehicles, deal with Tesla and more at Ford’s headquarters in Dearborn, Michigan. Farley said his team didn’t really hesitate when it came to Ford’s partnership with Tesla because they liked the …

When Amazon first announced plans for a second corporate headquarters in 2017, it set off an epic bidding war. Virginia beat 237 competitors to win the project, and when it finally opened last week in the Crystal City section of Arlington, Virginia Gov. Glenn Youngkin was there to celebrate. “We …

Erin M. Collins, National Taxpayer Advocate Source: IRS After a flood of business returns with a pandemic-era tax credit, the IRS is weighing guidance for those who wrongly claimed the tax break. The employee retention credit, or ERC, was created to support small businesses during the Covid-19 pandemic. There’s still …

As New Jersey Gov. Chris Christie prepared to run for president earlier this year, he canvassed some of Wall Street’s wealthiest donors about whether they would finance a $100 million effort to take on former President Donald Trump, according to a person who heard directly from the GOP candidate. Since …