Starlink, the satellite internet service from SpaceX, is poised to become a crucial lifeline in parts of southern Appalachia that…
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Business
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Liberty Media-owned Formula One and luxury giant LVMH are entering into a 10-year partnership, according to a joint press release from the…
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BusinessEditor's Pick
OpenAI closes funding at $157 billion valuation as Microsoft, Nvidia, SoftBank join round
OpenAI has closed its long-awaited funding round at a valuation of $157 billion, including the $6.6 billion the company raised…
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BusinessEditor's Pick
Microsoft’s mammoth AI bet will lead to over $100 billion in data center leases
As Microsoft investors get ready for quarterly earnings this month, there’s one particular metric that’s become increasingly important: finance leases. A finance…
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Tens of thousands of longshoremen went on strike at midnight ET, shutting down major ports along the East and Gulf…
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PepsiCo said Tuesday that it’s buying Mexican-American food company Siete Foods for $1.2 billion, marking the company’s first food acquisition in…
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BusinessEditor's Pick
Retailers scramble to move billions in cargo as East Coast dockworkers prepare to strike
With a potential strike at ports up and down the East Coast and along the Gulf Coast set to begin…
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Tiger Woods’ new logo for his Sun Day Red golf apparel line is facing a trademark dispute. Tigeraire, a company…
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BusinessEditor's Pick
Sam Altman tells OpenAI staff there’s no plan for him to receive ‘giant equity stake’ in company
At an all-hands meeting Thursday, OpenAI CEO Sam Altman denied that there are plans for him to receive a “giant…
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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 bank’s relationship with the…