Business
All the latest news stories about the business world: mergers, IPOs, trends, personalities, and more
Anthropic in Talks to Raise Funds at a Staggering $900B Valuation
The AI arms race just reached a new financial frontier.
Jobless Claims Plunge to Lowest Level Since 1969
Against a backdrop of war, elevated energy prices, and persistent inflation, the American labor market just posted one of its most striking weeks in history.
The Latest From GMC and Buick Ahead of the NY Auto Show
Ahead of the New York International Auto Show, Duncan Aldred, Global VP of Buick and GMC, discusses what vehicles and strategies are ahead for GM.
Talking Luxury and TikTok with Neiman Marcus
Neiman Marcus Group CEO Geoffroy van Raemdonck talks luxury shopping and TikTok, why the company prefers to be private for now, and the benefits of flexible work arrangements.
FAA Taking Closer Look At United Aircrafts
The FAA announced it will take a closer look at United planes in particular after the numerous incidents with Boeing. A memo from the airline said in part, "Over the next several weeks, we will begin to see more of an FAA presence in our operation as they begin to review some of our work processes, manuals and facilities. The review means an even closer look at multiple areas of our operation to ensure we are doing all we can to promote and drive safety compliance."
Boeing CEO Dave Calhoun Stepping Down
CEO of Boeing Dave Calhoun is stepping down at the end of this year as the aerospace giant has dealt with a variety of headline making issues over the last several months. Regulators have been calling for a major shakeup at the company after major manufacturing flaws, one of which resulted in the January 5th mid-flight accident when a door blew off the plane on a new Boeing 737 Max 9 aircraft.
Nvidia Announces Major Deals With Healthcare Companies
At the GTC A.I. conference last week, Nvidia launched nearly two dozen new A.I. powered, health care focused tools and deals with companies Johnson & Johnson and GE Healthcare for surgery and medical imaging. The move into health care space for the A.I. company is an effort that's been under development for a decade.
Trumps Truth Social Company to Go Public
A vote was held on Friday to make Trump Media & Technology Group, the parent company of Truth Social, a publicly traded entity. Shareholders voted in favor of merging TMTG with its special purpose acquisition company Digital World Acquisition Corp., a publicly traded shell company.
The U.S. Could be Headed for a Recession
Rebecca Walser, founder and CEO of Walser Wealth Management, discusses how geopolitical conditions, the bifurcated economy, and other volatility could weigh on markets.
Stellantis Lays Off 400 Workers As Automakers Look Toward the Future with EVs
Jeep maker Stellantis announced their planned layoffs as it deals with the transition from combustion engines to electric vehicles.
#KateGate is Over: Princess of Wales Announces She Has Cancer
The video announcement Friday came after weeks of speculation spread on social media about her whereabouts and health since she was hospitalized in January for unspecified abdominal surgery.
