Browsing: Business
Private equity firm KKR is working with advisers on a sale of data center cooling company CoolIT Systems for a price tag potentially exceeding $3 billion, the Financial Times reported on Sunday, citing people…
Social media platform X is investigating “racist and offensive” posts by xAI chatbot Grok, Sky News reported on Sunday. X and xAI did not immediately respond to a request for comment. Reuters could not…
Ford CEO Jim Farley and his wife, Lia, recently gifted Pope Leo XIV a new Explorer SUV. The couple personally delivered the vehicle during a private audience with the American-born pontiff…
John Tatum is one of the most plugged-in businessmen I know, and yet when the bombs started flying over his hotel room in downtown Doha — just a few minutes from the embattled…
It took less than three years for One Madison Avenue to put out the “no vacancy” sign – and its significance goes beyond that one location. Harvey AI, a leading…
Morgan Stanley’s surprise round of layoffs this past week was the result of “shifting business and location priorities,” and “individual job performance” issues here and abroad, according to the firm’s…
New York City doesn’t have enough hotel rooms for hordes of visitors coming to this summer’s FIFA World Cup and should suspend the current restrictions on Airbnb and other short-term…
Saks Global said Friday it was closing 15 more stores as the luxury retailer, which filed for bankruptcy earlier this year, tries to cut losses and focus on more profitable, higher-end locations. The company has…
Bars and eateries are adapting to the Ozempic era by offering mini cocktails. “Mini martinis” as small as 1.5 ounces and flights of “baby negronis” that let you sample different…
US oil prices surged to $90 a barrel on Friday after President Trump demanded unconditional surrender from Iran – fueling fears of a lasting conflict that Qatar’s energy minister warned…