Business Contents Archive

Luke Skywalker is leading an army of drones to war. It reads like the synopsis of the next installment in the Star Wars franchise, but it’s happening in real life. ⁣ ⁣ Actor Mark Hamill, who played the Jedi character in George Lucas’s original Star Wars trilogy that debuted 1977, is serving as fundraising ambassador for Ukraine’s “Army of Drones” project in its fight against Russia’s invasion after getting a request from President Volodymyr Zelenskiy last month.⁣ ⁣ “Very simply: Ukraine needs drones. They define war outcomes, they protect their land, their people, they monitor the border, they’re eyes in the sky,” Hamill said in an interview with Joe Mathieu on Bloomberg Radio’s Sound On. “I was really shocked because they give me these updates at least two or three times a week about what’s going on and they said they’ve received over 500 drones since I started this.” Read more and listen to the podcast at the link in our bio.

French fashion house Balenciaga said it has ceased working with rapper and designer Kanye West, who now goes by Ye. The announcement comes after controversial statements from Ye in recent weeks, including antisemitic social media posts. It also follows a Bloomberg interview in September, when he renounced his corporate deals and said he intended to branch out on his own. Reached via text message about the Balenciaga deal, Ye said: “God runs the world. We perform only for God. We serve only God. God bless.” Tap the link in our bio for the story.

The world is being flooded with record amounts of cocaine after Colombia's output of the drug soared to the most ever last year. The amount of land planted with coca, the raw material for making cocaine, rose 43% to 204,000 hectares last year, according to a UN report. Since newly planted coca bushes take years to mature, potential cocaine output rose less — but still by an estimated 14%, to 1,400 tons. The surge in drug production is a headache for President Gustavo Petro, since it fuels violence and instability in the country. But it also bolsters his argument that the “war on drugs” pursued for years by the Colombian and US governments has failed to cut consumption. Tap the link in our bio for the full story.

Sterling has been in use for more than a millennium. Lately, it's started to look like a much more 21st century currency. The pound — regarded as the world's oldest currency still in use since its inception — has seen its volatility shoot up in the last 30 days, putting it on a par with Bitcoin over the same period. Tap the link in our bio to see more.

The Fed is raising rates too high and too fast to see if they're having the desired effect, Invesco's chief global market strategist warns https://t.co/lvzbN5KGPt

Here are three ways to get naysayers onboard when you make a tough call. https://t.co/D3vXb8G8gT

Spend that extra time honing your business skills.https://t.co/aKMXHjqwIz

Musk says recession could last until 2024 https://t.co/g7htSUI4IX https://t.co/aKFHCABQMn

From Elon Musk's 'super bad feeling' to Jamie Dimon's warnings of an economic 'hurricane,' CEOs are shouting that 2023 is going to suck. Here's what 10 are predicting. https://t.co/eNJnHD7BQG

Biden officials are discussing whether to subject Elon Musk’s ventures to national security reviews, including the deal for Twitter and Starlink https://t.co/cdsLRTUet4

Most people don’t work in isolation. So instead of prioritizing individual productivity, more organizations should prioritize productivity at the system level. https://t.co/MzRmVhUCYT

21 books to read if you want to get ahead in business and life https://t.co/HW1Ldm0kEu

Musk says recession could last until 2024 https://t.co/j3SIS18lnJ https://t.co/O6TnQoQWmB

Putin called an additional 300,000 men into the military a month ago, and it's taking a toll on the economy https://t.co/zmDvcwhARt

Gold falls near its lowest price in two years https://t.co/PKvIx1TSDU