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  • Investing

    Sam Altman tells OpenAI staff there’s no plan for him to receive ‘giant equity stake’ in company

    by October 4, 2024
    by October 4, 2024

    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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  • Investing

    Why JPMorgan Chase is prepared to sue the U.S. government over Zelle scams

    by October 4, 2024
    by October 4, 2024

    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…

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  • Investing

    Retailers scramble to move billions in cargo as East Coast dockworkers prepare to strike

    by October 4, 2024
    by October 4, 2024

    With a potential strike at ports up and down the East Coast and along the Gulf Coast set to begin…

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  • Investing

    Microsoft’s mammoth AI bet will lead to over $100 billion in data center leases

    by October 4, 2024
    by October 4, 2024

    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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  • Investing

    East and Gulf coast ports shut down as thousands of workers go on strike

    by October 4, 2024
    by October 4, 2024

    Tens of thousands of longshoremen went on strike at midnight ET, shutting down major ports along the East and Gulf…

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  • Investing

    LVMH and Formula One announce 10-year partnership

    by October 4, 2024
    by October 4, 2024

    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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  • Investing

    OpenAI closes funding at $157 billion valuation as Microsoft, Nvidia, SoftBank join round

    by October 4, 2024
    by October 4, 2024

    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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  • Investing

    Elon Musk’s Starlink brings internet — and politics — to storm-ravaged areas

    by October 4, 2024
    by October 4, 2024

    Starlink, the satellite internet service from SpaceX, is poised to become a crucial lifeline in parts of southern Appalachia that…

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