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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
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
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, …
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
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
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…
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
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
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 …
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
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
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
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
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
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
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…
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
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
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
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 …