GitLab CEO Bill Staples sent a memo to employees and investors this week that pulled no punches. The company would restructure. There would be layoffs. Yet this move, he insi...
Microsoft invested more than $13 billion in OpenAI. The bet delivered early dominance in generative AI. Now the two companies have redrawn their partnership. OpenAI will cap...
Kevin Hochman rises before most of the restaurant industry stirs. The president and CEO of Brinker International, parent to Chili’s Grill & Bar, wakes between 5 and 6 a.m. He...
The United States Mint opens sales today on a new $1 coin that puts Steve Jobs front and center. Young Jobs appears on the reverse, seated in quiet thought against the oak-co...
General Motors just eliminated roughly 600 salaried information technology positions. The cuts, which began Monday, represent more than 10 percent of the automaker’s IT depar...
SEOUL — Shin Sung-hwan spent years on the Bank of Korea's monetary policy board arguing for lower interest rates. On his way out, he delivered a stark warning. Control inflat...
Jerome Powell steps down as Federal Reserve chair on Friday. His final weeks have delivered a pointed message to markets and his successor. At the April 29 FOMC meeting, the...
Ferdinand Dabitz holds up a $100 bill. "This is the best product in the history of the world but distribution is broken." The 25-year-old speaks with the conviction of someon...
Gold prices dropped sharply on Monday after reports emerged that President Donald Trump had rejected an Israeli proposal to strike Iranian nuclear facilities. The yellow metal,...
Porsche is pulling back. The German sports-car maker will close three subsidiaries and eliminate more than 500 positions as it narrows its attention to high-margin vehicles....
Oil prices hover near $104 a barrel. Stocks set fresh records one day. They pause the next. This pattern has defined trading for weeks. The reason traces back to a narrow wat...
Google just sharpened its AI writing tools inside Gmail. The latest update to "Help me write" lets Gemini study a user's past messages. It then generates drafts that capture...
Google has altered its account creation process in a way that forces some new users to send a text message from their own phones rather than simply receive one. The change, w...
McCarthy Financial Group has acquired a Kentucky-based wealth management firm in a move that expands its regional presence and client base across the southeastern United States....
The U.S. Treasury now shells out nearly $3 billion every single day just to service the national debt. That figure comes straight from fresh Congressional Budget Office data....
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