Business

Bank of America’s CEO sees a ‘huge opportunity’ in the U.S. wealth business

Bank of America is betting big on its wealth and investment management business, essentially leaning further into the top echelons of the upper...

Elon Musk is officially on the trillionaire path as Tesla shareholders approve an unprecedented $1 trillion pay package

It’s official: Elon Musk is on track to become the world’s first trillionaire. Tesla shareholders approved a new executive pay package Thursday afternoon that...

Bank of America prioritizes bigger AI initiatives, as annual spending on new tech increased by 44% over the past decade

Bank of America’s annual spending on new, strategic technology initiatives, which includes investments in artificial intelligence, has increased by 44% over the past...

OpenAI’s master builder: Greg Brockman is steering a $1.4 trillion AI infrastructure surge

In early October, OpenAI president Greg Brockman and AMD CEO Lisa Su made the rounds of TV news shows, smiling ear to ear...

Spotify subscriber base grew by 5m to 281m in Q3; company posted $680m operating profit for the quarter

MBW’s Stat Of The Week is a series in which we highlight a data point that deserves the attention of the global music...

Palantir lifts 2025 sales outlook after posting strong quarterly growth

Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Palantir lifted its 2025 revenue...

Stock market today: Dow futures rise ahead of tariff case, Musk compensation vote

Markets signaled another positive session as futures rose Sunday night ahead of a big week for President Donald Trump’s tariffs and Tesla CEO...

From Universal’s landmark Udio deal to DistroKid’s new merch launch… it’s MBW’s Weekly Round-Up

Welcome to Music Business Worldwide’s Weekly Round-up – where we make sure you caught the five biggest stories to hit our headlines...

Berkshire Hathaway offloads further $6.1bn of stock

Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Warren Buffett offloaded stocks for...
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