PepsiCo said Tuesday that it’s buying Mexican-American food company Siete Foods for $1.2 billion, marking the company’s…
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Business
OpenAI closes funding at $157 billion valuation as Microsoft, Nvidia, SoftBank join round
by adminOpenAI has closed its long-awaited funding round at a valuation of $157 billion, including the $6.6…
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As Microsoft investors get ready for quarterly earnings this month, there’s one particular metric that’s become increasingly important:…
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Tens of thousands of longshoremen went on strike at midnight ET, shutting down major ports along…
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Business
Sam Altman tells OpenAI staff there’s no plan for him to receive ‘giant equity stake’ in company
by adminAt an all-hands meeting Thursday, OpenAI CEO Sam Altman denied that there are plans for him…
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Business
Retailers scramble to move billions in cargo as East Coast dockworkers prepare to strike
by adminWith a potential strike at ports up and down the East Coast and along the Gulf…
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Tiger Woods’ new logo for his Sun Day Red golf apparel line is facing a trademark…
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Buried in a roughly 200-page quarterly filing from JPMorgan Chase last month were eight words that underscore how contentious the…
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A surge in demand for artificial intelligence-focused semiconductors and AI-enabled smartphones and laptops could lead to…
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Business
New Starbucks CEO Brian Niccol commits to working with union as talks move forward
by adminStarbucks CEO Brian Niccol said the coffee chain is committed to bargaining in good faith with the…