Business

Brett Adcock’s $700 Million Bet: From Humanoid Robots to Personal AI Hardware
Brett Adcock moves fast. The serial founder who built Figure AI into a $39 billion robotics powerhouse just closed a $700 million Series A for his new venture Hark. The round...
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Bank CEO’s ‘Lower-Value Human Capital’ Remark Exposes AI’s Harsh Reckoning in Finance
Bill Winters didn't mince words in Hong Kong. The Standard Chartered chief executive told investors his bank would replace some workers with artificial intelligence. He descr...
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Ford CEO Warns of Peak Vulnerability as Tariffs, EV Losses and Labor Shortages Converge
Jim Farley didn’t mince words. “We are in a really vulnerable place — I would argue the most vulnerable we’ve ever been,” the Ford Motor Co. chief executive said on his D...
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Why Wall Street’s ‘Defensive’ Utility Sector Keeps Beating Bonds and Inflation
Utilities rarely grab headlines. Investors file them under safe but sleepy. Yet one exchange-traded fund that tracks them has beaten the 10-year Treasury and inflation in 13...
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Meta’s AI Reckoning: 7,000 Reassigned, 8,000 Cut as Zuckerberg Forces a Flatter, Faster Company
Meta Platforms is remaking itself in the image of its AI ambitions. In a single week the social media giant told thousands of employees their jobs would end. It told thousand...
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AI Agents Shift Enterprise Software From Tools to Digital Colleagues
James Anderson once backed the software giants that defined two decades of market dominance. Now the former Baillie Gifford manager says their time has passed. The spoils of...
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Samsung Averts Chip Strike With Last-Minute Bonus Deal as AI Profits Fuel Labor Tensions
Samsung Electronics reached a tentative agreement with its largest labor union just hours before an 18-day strike was set to begin. Nearly 48,000 workers stood ready to walk...
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SEC Overhauls IPO Rules to Ease Post-Listing Fundraising and Reporting Burdens
The Securities and Exchange Commission proposed sweeping changes Tuesday that would let companies raise capital far more easily after their initial public offerings. The move...
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Buy Now Pay Later’s Quiet Grip on Stretched Household Budgets
Buy now, pay later options promised convenience. They delivered speed. Yet the numbers tell a more complicated story. Over half of Americans have used these plans at least on...
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Musk’s Billion-Share Mars Bet: SpaceX Ties Pay to a Million-Person Colony
Elon Musk draws a salary of just $54,080 a year at SpaceX. The real reward sits in equity. And that equity now hinges on something no other public company has ever demanded o...
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Trump’s Visa Squeeze Leaves Tech Talent Stranded and Forces Companies to Rethink Retention
Apple and Google delivered a blunt warning to their visa-holding staff late in 2025. Don't leave the country. The risk of never getting back in had grown too high.That...
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Intel CEO Lip-Bu Tan’s Stark Admission: Bankruptcy Fears Blocked Talent Until Cash Infusions and Roadmap Bets Kicked In
Lip-Bu Tan faced rejection right away. Top engineers and executives didn't want to sign on. They saw a company teetering. One that might not survive. "I tried to recruit some...
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Bezos Calls for Zero Taxes on Lower Earners as Wealth Gap Debate Intensifies
Jeff Bezos wants the bottom half of American earners to pay nothing in federal income taxes. The Amazon founder made the case Wednesday in a pointed interview, arguing the cu...
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Intuit Slashes 3,000 Jobs as AI Partnerships Collide With Corporate Overhaul
Intuit will eliminate about 3,000 positions. That's roughly 17% of its global workforce. The software maker behind TurboTax, QuickBooks and Credit Karma framed the move as a...
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Nvidia’s Jensen Huang Bets on a $200 Billion CPU Bet for Agentic AI
Jensen Huang sees another massive opening for Nvidia. The CEO told investors this week that a new processor called Vera unlocks a fresh $200 billion market the company has ne...
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