Business
All the latest news stories about the business world: mergers, IPOs, trends, personalities, and more
Consortium to Acquire Aligned Data Centers for $40 Billion
A consortium of investors, including Nvidia, Microsoft, BlackRock, and Elon Musk’s xAI, has agreed to purchase Aligned Data Centers for $40 billion.
Walmart Teams Up with OpenAI to Turn Chats into Checkouts
Walmart has partnered with OpenAI to allow shoppers to make purchases directly through ChatGPT, marking a major shift in how consumers interact with e-commerce.
Santa’s Favorite Employer May Be Amazon as It Plans to Hire 250k
Amazon is sticking to its holiday hiring streak, announcing it will bring on 250,000 workers, matching its seasonal hires from the past two years.
Air Traffic Controllers Work Without Pay as Shutdown Takes Off
U.S. air traffic controllers have only received partial pay and could miss their next paycheck entirely if the government shutdown continues for two more weeks.
Wood You Believe It? “Superwood” Stronger Than Steel
A U.S. company called InventWood has developed “Superwood,” a revolutionary material that boasts up to 10 times the strength-to-weight ratio of steel.
Rently’s Self-Touring Tech and the Gen Z Shift Away from Ownership
Rently CEO Merrick Lackner shares how self-touring and smart tech are transforming renting and why Gen Z is choosing flexibility over homeownership.
OpenAI partners with Walmart to let users buy products in ChatGPT
OpenAI is partnering with Walmart to allow shoppers to make purchases directly within ChatGPT.
News organizations reject new Pentagon reporting rules
Fox News, the former employer of Defense Secretary Pete Hegseth, has joined a near-unanimous outpouring of news organizations rejecting new rules for journalists based in the Pentagon.
Elon Musk And X Settle $128 Million Severance Dispute
Elon Musk and X have settled a lawsuit with former Twitter executives over $128 million in severance allegedly unpaid since Musk’s 2022 acquisition of Twitter.
OpenAI And Broadcom Team Up for AI Chip Powerhouse
OpenAI has partnered with Broadcom to develop 10 gigawatts of custom AI chips and systems, which will consume as much electricity as a large city.
Wall Street Whiplash: Bill Mann Breaks Down Last Friday's Market Mayhem
Motley Fool’s Bill Mann unpacks October 10th's market chaos, what triggered it, and where smart investors should look next. Don’t miss his expert insight!
Investors Shift 401(k) Allocations to Bonds, Cash in September
In September, investors redirected their 401(k) plan allocations from stocks to bonds and cash, as analyzed by Alight, a retirement plan administrator.
Goldman Sachs Acquires Industry Ventures in $965 Million Deal
Goldman Sachs has announced its acquisition of Industry Ventures, a venture capital firm with $7 billion in assets, for $665 million in cash and equity.
JPMorgan Chase Announces $10B Investment in Quantum Computing
JPMorgan Chase announced a $10 billion investment in four key areas, including quantum computing, as part of its “Security and Resiliency Initiative.”
Clear Vision: Warby Parker Co-CEO on $75M Eye Care Push
Warby Parker Co-CEO Neil Blumenthal joins us to talk World Sight Day and Bloomberg Philanthropies’ $75M initiative to tackle global vision impairment.
Report: Warner Bros. Rejects Paramount Offer
Warner Bros Discovery has rejected Paramount Skydance’s initial takeover offer of around $20 per share, as initially reported by Bloomberg News.
Pope urges news agencies to stand as bulwark against lies, manipulation and post-truths
Pope Leo XIV has encouraged international news agencies to stand firm as a bulwark against the “ancient art of lying” and manipulation.
