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Investing

Elon Musk and Sam Altman spar over Trump’s Stargate AI investment announcement

A war of words between Elon Musk and Sam Altman escalated on social media Thursday, as two of the most powerful men in…

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Investing

American Express CFO says spending picked up at year-end, thanks to millennials and Gen Z

American Express’ affluent cardholders got comfortable spending more freely again late last year, Chief Financial Officer Christophe Le Caillec told CNBC. Spending on AmEx cards…

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Investing

Target rolls back DEI initiatives, the latest big company to retreat

Target on Friday said it’s rolling back diversity, equity and inclusion programs — including some that aim to make its workforce and merchandise…

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Investing

OpenAI introduces Operator to automate tasks like vacation planning, restaurant reservations

OpenAI is taking its ChatGPT chatbot to the next level, adding a feature to automate tasks like planning vacations, filling out forms,…

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Investing

JPMorgan Chase CEO Jamie Dimon on Trump tariffs: ‘Get over it’

JPMorgan Chase CEO Jamie Dimon said Wednesday that the looming tariffs that President Donald Trump is expected to slap on U.S. trading partners could be viewed positively….

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Investing

UnitedHealthcare taps company veteran Tim Noel as new CEO following Brian Thompson killing

UnitedHealthcare on Thursday tapped company veteran Tim Noel as its new CEO following the targeted killing of its former top executive, Brian Thompson, in…

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Investing

Store closures hit highest level since pandemic — see who’s shutting down the most locations

Store closures in the U.S. last year hit the highest level since the pandemic — and even more locations are expected to…

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Investing

Why Novo Nordisk surged 14% on new weight-loss drug results

Shares of Danish pharmaceutical giant Novo Nordisk surged close to 14% on Friday after the company announced positive results from early-stage trials…

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Investing

Tesla or Polestar EV? Michael Lohscheller makes his case

Polestar Automotive Holding UK Plc (NASDAQ: PSNY) chief executive Michael Lohscheller says it’s a great idea to switch from a Tesla to…

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Investing

UK to ease tax rules for wealthy foreigners: what Rachel Reeves’ ‘more generous’ repatriation plan means

The UK government plans to amend its non-domiciled (“non-dom”) tax regime in response to concerns over an exodus of wealthy individuals, Treasury…

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