Browsing: Business
Apollo Global Management has reportedly picked Austin, Texas, as the city that will host its second US headquarters, as Wall Street firms look to escape Mayor Zohran Mamdani’s tax-and-spend, left-wing…
Elon Musk’s historic SpaceX debut caused a trading frenzy Friday, shooting the company to a $2.15 trillion valuation – but its sheer size is threatening to suck oxygen out of…
Elon Musk became the world’s first trillionaire on Friday — reaching a wealth milestone never before achieved in human history. But how much money is $1 trillion? The human brain…
Some teachers in a tiny Louisiana parish are reportedly poised to pocket bonuses of more than $50,000 — a windfall powered partly by Meta’s massive AI data-center buildout. Richland Parish…
SpaceX’s historic public debut is set to mint billions of dollars for Elon Musk’s close friends and longtime backers – even as it creates a new class of millionaires among…
A Canadian mother is suing OpenAI over allegations its ChatGPT bot encouraged her 24-year-old daughter to kill herself – the latest lawsuit to accuse the company of neglecting user safety.…
Shares of SpaceX opened at $150 each on their first day of trading in the company’s landmark initial public offering – making founder Elon Musk the world’s first trillionaire. Shares…
Veteran “60 Minutes” producer Michael Gavshon, who produced a piece for Anderson Cooper that came under heavy scrutiny from CBS News boss Bari Weiss, has resigned from the network, sources…
Thousands of users appeared to be affected by a widespread outage impacting Meta’s Instagram, Facebook and Messenger on Friday, with reports flooding social media and outage-tracking site Downdetector. Downdetector showed…
Wholesale inflation shot up in May to its highest level since November 2022 as higher energy costs amid the Iran war weighed on the economy – likely keeping the Fed…