Business
All the latest news stories about the business world: mergers, IPOs, trends, personalities, and more
Trump Media Explores Truth Social Spin-Off After Tae Merger
Trump Media & Technology Group said it's exploring spinning off Truth Social into a separate publicly traded company following its pending merger with TAE Tech.
OpenAI Raises $110B at $730B Valuation, Deepens Amazon and Nvidia Ties
OpenAI announced a record $110 billion funding round led by Amazon, Nvidia, and SoftBank, boosting its pre-money valuation to $730 billion.
Altman Reveals Meta is Recruiting Top OpenAI Talent
OpenAI CEO Sam Altman revealed that Meta has offered up to $100 million in signing bonuses and generous annual compensation to recruit top OpenAI talent.
Trump Issues Third 90-Day Extension for TikTok
President Trump has issued a third 90-day executive extension for TikTok, pushing the deadline for ByteDance to divest its U.S. operations to mid September.
Trump Family Crypto Empire: A Web of Millions, Influence, and Ethical Concerns
Sam Blum, Senior Writer at Inc. Magazine, discusses one of his latest articles on why the Trump family is embracing crypto. Watch!
Real Assets Gain Traction in Bank of America's 2025 Specialty Asset Management Outlook
Ken Shepard, Head of Specialty Asset Management at Bank of America, discusses the importance of real assets and unpacks the bank's specialty asset outlook.
Chase Sapphire Reserve Card Increasing Annual Fee by 45%
JPMorgan Chase is raising the annual fee for its Chase Sapphire Reserve from $550 to $795 starting June 23.
Mattel and OpenAI Announce Collaboration
Mattel and OpenAI have entered a strategic collaboration aimed at integrating advanced AI—via tools like ChatGPT Enterprise—into Mattel’s iconic toy brands.
Cardinal Health Raises Pharmaceutical Segment Profit Guidance 12-13% for FY25
Cardinal Health's Debbie Weitzman explains how the company's Advanced Therapy Solutions Innovation Center aims to improve access to specialty medicines. Watch!
Inside the CRE Market: Peachtree Group CEO Breaks Down Industry Trends
Peachtree CEO Greg Friedman on the hospitality business, commercial real estate and what the numbers are telling you. Watch!
Trump Approves Nippon Takeover of U.S. Steel
U.S. Steel shares rose about 5% on Monday after President Trump approved its merger with Japan’s Nippon Steel, contingent on a national security agreement.
