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  • Jason Karaian

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British American Tobacco Writes Down Value of Brands by $31 Billion

British American Tobacco told investors that it had reassessed the “useful economic lives” of some of its brands amid waning sales and a shift toward…

Microsoft’s Stock Recovers After Hiring OpenAI Outcasts

The tech giant moved quickly to hire Sam Altman and others after their abrupt departures from OpenAI, a key Microsoft partner, which had rattled the…

Stock Markets Tumble as Bank Fears Go Global

Shares fell sharply, with banking stocks taking a beating, as Tuesday’s rally quickly faded.