Business
All the latest news stories about the business world: mergers, IPOs, trends, personalities, and more
Big Business This Week: Just How Big A Threat Is AI to Global Finance?
When Treasury Secretary Scott Bessent (above) and Fed chair Jay Powell jointly summon America’s top bankers to a meeting in Washington, you know it’s big.
Jury Finds Live Nation and Ticketmaster Guilty of Illegal Monopoly
A jury in Manhattan federal court found Wednesday that Live Nation and its subsidiary Ticketmaster illegally maintained monopoly power in the ticketing market.
Why a sequel isn’t always the answer to people’s demands for more
Ask yourself if you actually want to see some of the popular film franchises continue.
Disney Investing $1 Billion in OpenAI
Disney is investing $1 billion in OpenAI and will let users create videos featuring more than 200 characters from Disney, Marvel, Pixar, and Star Wars.
AGS Vs. A.I.: Fix Your “Delusions”
State attorneys general from across the U.S. are demanding that major AI companies crack down on “delusional” and psychologically harmful chatbot outputs.
Inside the Fed’s Decision to Cut Rates
The Fed cut rates, sparking market swings. Bill Mann unpacks the decision, the economy’s direction, policy risks, and what investors should know.
Rivian Building Its Own A.I. Assistant
Rivian has spent nearly two years developing an in-house AI assistant, separate from its multibillion-dollar tech partnership with Volkswagen.
PepsiCo to Slash Product Line and Cut Prices
PepsiCo said it will cut nearly 20% of its product offerings and lower prices as part of a new plan shaped by activist investor Elliott Investment Management.
SpaceX Eyes Record-Shattering $1.5 Trillion IPO in 2026
SpaceX is reportedly preparing for a mid-to-late 2026 IPO that aims to raise $30 billion at a staggering $1.5 trillion valuation, according to Bloomberg.
Job Openings Stall as Layoffs Rise in a Cooling U.S. Labor Market
U.S. job openings held nearly steady at 7.7 million in October, indicating continued uncertainty about the direction of the economy.
Microsoft Unveils Massive $17.5 Billion A.I. Investment in India
Microsoft announced a $17.5 billion investment in India’s cloud and AI infrastructure over the next four years, marking its largest Asia investment to date.
