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Categories Editor's Pick

Elon Musk’s AI startup now valued at $24 billion after fresh funding

Author May 28, 2024

Elon Musk’s AI startup xAI raised $6 billion in series B funding, reaching a post-money valuation of $24 billion as investors bet

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Categories Editor's Pick

Nvidia CEO Jensen Huang’s net worth swells from $3 billion to $90 billion in five years

Author May 27, 2024

Five years ago, Nvidia CEO Jensen Huang owned a stake in his chipmaker worth roughly $3 billion. After Thursday’s rally, which pushed the stock

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Categories Editor's Pick

UAW challenges Mercedes-Benz union vote, asks NLRB for new election

Author May 27, 2024

DETROIT — The United Auto Workers union is challenging the results of last week’s organizing vote of Mercedes-Benz workers in Alabama, in which workers voted

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Categories Editor's Pick

Boeing, NASA say Starliner astronaut launch will move forward despite spacecraft helium leak

Author May 26, 2024

Boeing and NASA are moving forward with the launch of the company’s Starliner capsule, set to carry U.S. astronauts for the first time,

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Categories Editor's Pick

Why groceries are so expensive — and how consumers may start to see relief

Author May 26, 2024

High inflation is subsiding, but many Americans have yet to see relief from elevated prices at the grocery store. “Grocery prices skyrocketed during the pandemic,

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Categories Editor's Pick

The ‘absolute worst’ of times for car buying are over

Author May 26, 2024

Car shoppers should have an easier time finding good deals this Memorial Day weekend than last. Dealerships are sitting on a glut of

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Categories Editor's Pick

Advertisers boost spending at retailers such as Walmart and Amazon as TV shrinks

Author May 25, 2024

The next frontier for the ad market isn’t on TV — it’s at screens near points of sale. Television had long been the

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Categories Editor's Pick

It wasn’t the endless shrimp that pinched Red Lobster. How private equity rolled the seafood chain.

Author May 25, 2024

Angry that your favorite Red Lobster closed down? Wall Street wizardry had a lot to do with it. Red Lobster was America’s largest

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Categories Editor's Pick

Oil prices hit three-month lows, head for weekly loss as summer driving season kicks off

Author May 25, 2024

Crude oil futures fell to three-month lows on Friday and are heading to a weekly loss as the summer driving season gets

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Categories Editor's Pick

Boeing expects a 2024 cash burn, slow recovery of airplane deliveries amid crisis, CFO says

Author May 25, 2024

Boeing will burn through cash this year and deliveries of new planes won’t improve in the second quarter from the first, as the

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