Business

Blackstone CEO Defends Private Credit Against Bankruptcy Misinformation
In the high-stakes world of alternative investments, Blackstone Inc.'s co-founder and chief executive, Steve Schwarzman, took a firm stand against what he termed "misinformation" s...
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NBA Stars Billups, Rozier Arrested in Mafia Gambling Scandal
In a stunning escalation of investigations into sports integrity, federal authorities in New York announced the arrests of several high-profile NBA figures on Thursday, October 23,...
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McKinsey: Agentic AI Could Erase $170B in Bank Profits by 2027
Banks around the world are staring down a potential seismic shift in their profitability, courtesy of advancing artificial intelligence technologies that could empower consumers li...
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Social Security Sets 2.8% COLA for 2026, Boosting Retiree Benefits by $56 Monthly
In a move that underscores the ongoing battle against inflation's lingering effects, the Social Security Administration has announced a 2.8% cost-of-living adjustment (COLA) for 20...
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Government Shutdown Delays October Inflation Report, First in 70 Years
The White House announced on Friday that the eagerly anticipated October inflation report is unlikely to be released next month, marking a potential first in over seven decades wit...
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Hostage Negotiator’s Guide: Mastering Emotions in High-Stakes Talks
In the high-stakes world of international diplomacy and crisis resolution, few skills are as critical as negotiation. Mickey Bergman, a veteran with over 17 years in hostage negoti...
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Microsoft Teams Wi-Fi Feature Tracks Office Attendance, Sparks Privacy Concerns
In an era where remote work has reshaped corporate dynamics, Microsoft is introducing a feature to its Teams platform that could significantly alter how employers monitor office...
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California’s Luckiest Spots for Mega Millions Riches
As the Mega Millions jackpot swells to an eye-popping $680 million, lottery enthusiasts across California are flocking to stores with a proven track record of turning ordinary t...
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Google Unveils My Calling Card in Android 16 for Custom Call Profiles
In the ever-evolving world of mobile operating systems, Google is poised to bridge a notable gap in its Android ecosystem with an upcoming enhancement to its Calling Cards feature....
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Walmart Rolls Out Performance-Based Raises Up to 5% for Hourly Workers in 2026
In a move that signals Walmart Inc.'s evolving approach to talent retention amid a competitive labor market, the retail giant has introduced a revamped strategy for annual raises a...
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Google Meet Unveils Advanced Waiting Rooms with AI Moderation for Security
In a move that underscores Google's ongoing efforts to enhance security and user control in virtual meetings, the tech giant has unveiled new waiting room features for its Google M...
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Bricklayer AI Raises $5M Seed to Boost AI Cybersecurity Tools
In a significant boost for the cybersecurity sector, Bricklayer AI has secured $5 million in seed funding to advance its AI-driven platform for security operations centers (SOCs...
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AI Boom Fuels GE Vernova’s Surge in Energy Sector Growth
General Electric's spinoff, GE Vernova, is riding a wave of unprecedented demand driven by the artificial intelligence revolution. As tech giants scramble to build massive data...
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Andreessen Horowitz Plans $10B Raise for AI and Defense Tech Funds
Silicon Valley venture capital powerhouse Andreessen Horowitz is gearing up for a major fundraising push, aiming to secure $10 billion across several new funds that underscore its...
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Apple Employee Sam Sung Changes Name After Viral Fame Backlash
In the annals of tech industry oddities, few stories capture the whimsy and unintended consequences of viral fame quite like that of Sam Sung, a former Apple retail employee whose...
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