Alphabet's self-driving subsidiary Waymo has closed a massive $16 billion funding round, catapulting its valuation to $126 billion and signaling robust investor confidence in the future of autonomous vehicles.
A new report finds corporate treasurers remain deeply concerned about deposit security, with most businesses holding funds far above FDIC insurance limits and vulnerable to operational shutdowns if a primary bank fails.
Under new CEO Michael Leiters, Porsche is reportedly considering the cancellation of its long-awaited electric 718 Cayman and Boxster models amid development challenges and strategic cost-cutting measures.
A new discounted cash flow analysis suggests Nine Entertainment Co. Holdings' shares could be trading at half their intrinsic value, sparking debate among investors about the true worth of the Australian media giant in a challenging advertising landscape.
A full-floor residence at the troubled supertall 432 Park Avenue, previously owned by developer Harry Macklowe, has sold for over $50 million following a foreclosure, as the building grapples with lawsuits over alleged structural defects.
Former Fed governor Kevin Warsh, nominated to lead the central bank, previously advised the firm issuing Tether's new U.S.-regulated stablecoin, intertwining his potential oversight role with a key player in the digital asset industry.
Chevron Corporation raises its dividend for the 39th consecutive year, backed by robust operational performance, strategic acquisitions like Hess, and a diversified growth pipeline that promises sustained shareholder returns.
Elon Musk is set to combine his aerospace giant SpaceX with his artificial intelligence venture xAI, creating a single entity valued at $1.25 trillion ahead of a highly anticipated IPO later this year, according to a Bloomberg report.
Barclays PLC announces a series of senior leadership appointments across its securitized products, payments, and European operations, signaling strategic focus areas as it prepares to relocate its EU hub to Paris.
Elon Musk is reportedly in advanced discussions to merge his space exploration giant, SpaceX, with his artificial intelligence venture, xAI, in a move that could reshape the frontiers of both industries and delay SpaceX's anticipated public offering.
Starbucks accelerates its 'Back to Starbucks' turnaround plan by removing 13 underperforming and complex drinks from its permanent menu, a move aimed at streamlining operations and reducing waste, despite risking the ire of loyal fans of discontinued items.
OpenAI is actively seeking alternatives to some of Nvidia's latest AI chips, focusing on specialized hardware for faster inference, according to sources. This strategic pivot introduces new tensions and competitive dynamics between the two AI titans, even as investment talks continue.
Industry veteran Kristen Sosa joins Caleres as Division President, taking the helm of a portfolio including Stuart Weitzman, Veronica Beard, and Favorite Daughter, signaling a strategic push for growth.
The United States and India have announced a significant trade agreement, dramatically reducing tariffs after months of tension. The deal, linked to India halting Russian oil purchases, aims to boost bilateral trade and supply chain diversification.
A perfect storm of deep personnel cuts, leadership instability, and sweeping tax code changes is set to challenge the IRS during the upcoming filing season, potentially slowing refunds for millions. Experts advise electronic filing and direct deposit to navigate the hurdles.
Newly unsealed court documents show Steven Sinofsky, former head of Windows, shared confidential Microsoft strategy emails and sought personal advice from Jeffrey Epstein amid the failing launch of Surface RT in 2012.
The United States has dramatically escalated airstrikes in Somalia, conducting over 150 missions since 2025, as military officials warn of a direct threat from ISIS-affiliated groups plotting attacks against American soil.
The Texas-born travel center giant Buc-ee's is renowned for massive stores and spotless restrooms. But its most disruptive industry practice might be its pay scale, which far exceeds typical convenience store wages and fuels intense competition for jobs.
President Trump urges immediate House passage of a bipartisan spending deal to end the government shutdown, facing resistance from both progressive Democrats and his own party's right flank over immigration enforcement terms.
The 104-year-old Seattle-based outdoor institution, once boasting nearly 600 stores globally, is reportedly preparing for a Chapter 11 bankruptcy filing that would close its roughly 200 remaining brick-and-mortar locations across the continent.
