Business

All the latest news stories about the business world: mergers, IPOs, trends, personalities, and more

Finally! Fed Slashes Rates, What It Means for You and Your Money

Unpacking Jerome Powell’s surprise rate cut with Tematica Research CIO Chris Versace—what it signals, who wins, who loses, and what smart investors do now.

10 hours ago

Jerry quits Ben & Jerry’s, saying it has stifled his voice on issues

Ben & Jerry’s co-founder Jerry Greenfield is leaving the ice cream brand after 47 years. He says the freedom the company used to have to speak up on social issues has been stifled

11 hours ago

YouTube Announces $100 Billion Payout to Creators

YouTube has announced that it has paid out over $100 billion to creators, artists, and media companies since 2021.

Microsoft & OpenAI Strike New Deal to Restructure Partnership

Microsoft and OpenAI have signed a non-binding agreement to redefine their partnership, allowing OpenAI to restructure into a for-profit company.

6 days ago

The Fabric of Success: BrilliA’s CEO on Innovation, IPO, and Market Leadership

Kendrew Hartanto, CEO of BrilliA (NYSE: BRIA), shares how the company stitched its path to IPO and redefined leadership in women’s undergarments.

6 days ago

Big Business This Week: Oracle soars as it cashes in on the AI boom

Oracle soars as it cashes in on the AI boom, Plus: Starbucks shares continue to fall under its new CEO, and does anybody actually want a new iPhone Air?

6 days ago

Why are Marvel movies losing more money, lately?

Ever since Disney paid $4 billion for the Marvel franchise in 2009, their movies have been making less and less money. What’s going on?

6 days ago

Gotta Collect 'Em All: Pokémon Cards Outperform Wall Street

Pokémon cards aren’t just a nostalgic hobby, they’ve quietly become one of the best-performing investments of the past two decades.

7 days ago

Novo Nordisk Slashes Jobs Amid Lilly Pressure

Novo Nordisk is laying off 9,000 employees, about 11% of its global workforce, as it faces intense competition in the booming weight-loss drug market.

7 days ago

Klarna Makes a Splash: Swedish Fintech Surges in IPO Debut

Klarna’s shares jumped 15% in their New York Stock Exchange debut Wednesday, closing at just above $45 after pricing at $40.

7 days ago

OpenAI’s $300B Cloud Splurge Supercharges Oracle

OpenAI has reportedly committed to spending a staggering $300 billion on Oracle’s cloud services over five years starting in 2027.

7 days ago

Ellison Overtakes Musk: Oracle Co-Founder Tops Billionaire List

Oracle co-founder Larry Ellison became the world’s richest person Wednesday after a surge in Oracle stock pushed his net worth to $393 billion.

7 days ago

Klarna shares jump 30% on Wall Street debut

Swedish buy now, pay later company Klarna is making its highly anticipated public debut on the New York Stock Exchange Wednesday, the latest in a run of high-profile initial public offerings this year. The offering priced at $40 Tuesday, above the forecasted range of $35 to $37 a share, valuing the company at more than $15 billion. The valuation easily makes Klarna one of the biggest IPOs so far in 2025, which has been one of the busier years for companies going public. Other popular IPOs so far this year include the design software company Figma and Circle Internet Group, which issues the USDC stablecoin..

7 days ago