BUSINESS
AI startup Cognition Labs seeks $2B valuation amid investor frenzy
March 31, 2024
AI startup Cognition Labs seeks $2B valuation amid investor frenzy
Artificial intelligence will no doubt change much about our world in the long run. But for now, we may be…
Virginia governor vetoes bill that would have boosted minimum wage from $12 to $15 over two years, saying it wasn’t needed
March 28, 2024
Virginia governor vetoes bill that would have boosted minimum wage from $12 to $15 over two years, saying it wasn’t needed
Republican Virginia Gov. Glenn Youngkin vetoed two top Democratic legislative priorities on Thursday: bills that would have allowed the recreational retail…
How will AI affect jobs and employment? Survey suggests massively
March 25, 2024
How will AI affect jobs and employment? Survey suggests massively
It’s been almost a year since AI’s bloom last spring, recalling another flowering: The “tulip mania” of the Dutch Golden…
Canopy Growth surges as Germany decriminalizes cannabis
March 22, 2024
Canopy Growth surges as Germany decriminalizes cannabis
Last summer, the survival of Canopy Growth was in doubt. This week, the Canadian cannabis company watched its stock rise…
Jamie Dimon and George Lucas have a common thread that could explain their support for Bob Iger and Disney
March 19, 2024
Jamie Dimon and George Lucas have a common thread that could explain their support for Bob Iger and Disney
Question: Who do the Star Wars creator George Lucas and JPMorgan Chase’s star CEO and chairman Jamie Dimon have in…
Hertz’s EV and CEO about-face latest saga twist
March 16, 2024
Hertz’s EV and CEO about-face latest saga twist
It seemed like a good idea at the time. Now we know better. Hertz, reeling from a bankruptcy and the…
Congress’ push to outlaw TikTok follows years of concern from elected officials about Chinese election interference and espionage
March 13, 2024
Congress’ push to outlaw TikTok follows years of concern from elected officials about Chinese election interference and espionage
On Wednesday the House passed a bill that could ban TikTok in the U.S., an escalation of the alarms sounded…
Reddit’s planned IPO aims to raise up to $748 million
March 10, 2024
Reddit’s planned IPO aims to raise up to $748 million
Reddit Inc. and its investors are seeking to raise as much as $748 million in what would be one of the…
Texas fires follow Warren Buffett’s warning on utilities
March 7, 2024
Texas fires follow Warren Buffett’s warning on utilities
Massive wildfires sparked by power lines used to be a California problem, one many utility executives considered safely confined to…
Chicago mayor announces $1 billion revamp of empty downtown buildings amid commercial real estate crisis
March 4, 2024
Chicago mayor announces $1 billion revamp of empty downtown buildings amid commercial real estate crisis
Chicago Mayor Brandon Johnson is proceeding with a revamp of empty downtown buildings initially estimated at $1 billion in an…