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4 mins read

Microsoft lost billions of dollars on HoloLens, and its huge IVAS military contract is in trouble

There are growing doubts about the company's involvement in creating a headset for the military, a…

Ashley Stewart   


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3 mins read

I had $1 million in the bank at 36. When I turned 40, I vowed to pursue my passions instead of running a billion-dollar company.

George Appling went from being a CEO to pursuing his passions. At 40, he was determined to live his…

Kelly Burch   


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2 mins read

Apollo reportedly offering multi-billion dollar investment to Intel after reports of acquisition by Qualcomm

Apollo Global Management Inc. is reportedly considering a multibillion-dollar investment in Intel, …

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2 mins read

Boeing workers are set to strike — and it could cost the company billions

More than 30,000 Boeing workers are set to walk out on Friday morning. Past strikes have cost the p…

Theron Mohamed   


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3 mins read

With Trump's White House win, the clock is ticking on over $6 billion in Ukraine aid

The Pentagon says it thinks it can get it all to Ukraine before mid-January, but it isn't going to …

Chris Panella   


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4 mins read

Investment banking has made a multibillion-dollar rebound, but it's too early to pop the Champagne

Goldman Sachs and other banks beat Wall Street expectations thanks to dealmaking fees. Was this qua…

Hayley Cuccinello,Emmalyse Br…   


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2 mins read

Elon Musk's wealth soars past $300 billion as Tesla shares climb on the back of Trump's election win

Tesla's share price has climbed by around 28% since Tuesday's close. The company on Friday hit a tr…

Rebecca Rommen   


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4 mins read

Qatar Investment Authority unit, SBI funds, Citigroup biggest buyers in Adani Energy's USD 1 billion QIP

The Rs 8,373.10 crore (USD 1 billion) qualified institutional placement (QIP) of Adani Energy Solut…

PTI   


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2 mins read

Trump flip-flopped on crypto, but his PAC has raked in millions of dollars of crypto donations since June

The former president has positioned himself as the pro-crypto candidate this election cycle. But he…

Aditi Bharade,Kwan Wei Kevin …   


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5 mins read

As some companies scale back on DEI, others double down on their efforts

Organizations like Ancestry and Mitre are using data to launch DEI strategies amid economic pressur…

Rebecca Knight   


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4 mins read

CEO of failed supersonic plane startup on what went wrong — and how other companies might find success

Supersonic aviation startup Exosonic, which was working on commercial and military faster-than-soun…

Taylor Rains,Benjamin Zhang   


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2 mins read

Asia's answer to Chipotle is now a $1.5 billion public company

Guzman y Gomez's shares climbed 36% in the hours after trading started.

Shubhangi Goel   


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7 mins read

How Blackstone made 18,000 workers owners of their HVAC company

Buyout firms are increasingly giving everyday workers a cut of the profits to boost returns. Inside…

Alex Nicoll   


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6 mins read

Why quant giant D.E. Shaw seeks out academics, doctors, and veterans to work at the $60 billion hedge fund

The firm is known for recruiting talent from outside of finance to work at the long-running asset m…

Bradley Saacks   


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2 mins read

Nvidia's value soars by $400 billion in 5 days. That's more than Costco is worth.

Nvidia's 14% rally has made the chipmaker more valuable than Microsoft, and CEO Jensen Huang the wo…

Theron Mohamed   


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4 mins read

OpenAI has secured a $157 billion valuation. Now comes the hard part.

The ChatGPT maker has secured $6.6 billion in funding, but it still has to overcome challenges arou…

Hasan Chowdhury,Riddhi Kanetk…   


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5 mins read

One chip company's newest tactic to attract workers: Help pay off their student loans

GlobalFoundries, a New York-based chipmaker, is offering employees up to $28,500 in student debt re…

Jacob Zinkula   


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2 mins read

Rupee falls 10 paise to 83.50 against US dollar in early trade

At the interbank foreign exchange market, the local unit opened at 83.48 and lost further groun…

PTI   


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3 mins read

There's a catch in OpenAI's $6.6 billion funding deal that no one is talking about

OpenAI reportedly has to become a for-profit entity in two years or give back investor money from i…

Natalie Musumeci,Alex Bitter   


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2 mins read

Rupee rises 5 paise to 83.44 against US dollar in early trade

At the interbank foreign exchange market, the local unit opened at 83.45 and gained further to …

PTI