GM said it would record about $6 billion in fourth-quarter charges tied to scaling back EV plans in the US. REBECCA COOK/Reuters GM says it will take a $6 billion hit tied to scaling back its EV strat...
Nvidia CEO Jensen Huang said he is "perfectly fine" with California's proposed billionaire wealth tax. Patrick T. Fallon / AFP via Getty Images Nvidia CEO Jensen Huang said he is "perfectl...
Thiel Capital, founded by the billionaire tech investor Peter Thiel, opens a new Miami office amid California's proposed wealth tax debate. Marco Bello/Getty Images Thiel Capital opened a new Miami of...
AI pioneer Geoffrey Hinton Pontus Lundahl/TT News Agency/AFP via Getty Images The "godfather of AI" says AI could trigger a new wave of job losses in 2026. "We're going to see AI get even ...
A fancy Starbucks coffee drink with whipped cream Lauren DeCicca/Getty Images Under new CEO Brian Niccol, Starbucks had a sometimes rocky 2025. I thought slimming down the menu length and adding after...
Macy's plans to close stores over several years. kena betancur / AFP via Getty Images Nearly 300 US retail stores, including Macy's and Kroger locations, are set to close by the end of 2026. Major cha...
Chevron, the only US oil major still operating in Venezuela, counts Berkshire Hathaway as a key shareholder. Illustration by Thomas Fuller/SOPA Images/LightRocket via Getty Images The Trump administra...
Rippling's CPO said he prefers to understaff than overstaff all his projects. Illustration by Thomas Fuller/SOPA Images/LightRocket via Getty Images Rippling's product chief Matt MacInnis says he deli...
📋 Key Facts ✓ ByteDance, TikTok's Chinese owner, plans a $23 billion AI spending initiative. ✓ The expenditure aims to build AI inf...
Davon Moseley, the influencer behind the Royale Eats social media channels, turned his side hustle into a full-time job. Davon Moseley Davon Moseley turned his online side hustle and love of food into...
Barnes & Noble is among the retailers reportedly opening more stores in 2026. Al Drago/Getty Images Retailers such as Dollar General and Nordstrom Rack plan major store expansions in the US in 2026. S...
US bankruptcies are on the rise. doockie/Getty Images From corporate giants to mom-and-pop shops, bankruptcies are piling up across the US this year. Large corporate bankruptcies have hit their highes...
The short-term outlook doesn't bode well with regards to GPU pricing. PCMag and other outlets have reported that Nvidia may cut back production on its consumer graphics cards by up to 30%-40% due to t...
An ADU built by Villa in a California backyard. miller.photo for Villa Building tiny backyard homes can be expensive . The units can range in cost — from under $100,000 to over $300,000. Three s...
📋 Key Facts ✓ ByteDance plans 50% more global spending on incentives like bonuses and raises in 2026 for top performers. ✓ Bonuses incr...
Google cofounder Larry Page has cut his ties to California Justin Sullivan/Getty Images Google cofounder Larry Page is cutting ties with California. A source said Page had already left the state. He h...
President Donald Trump speaks at a podium about his January 3rd raid on Venezuela. Pete Hegseth, Marco Rubio, and Stephen Miller stand behind him. Jim WATSON / AFP via Getty Images Donald Trump on Sat...
Morgan Stanley named 184 new managing directors this week — here's the full list. Mike Kemp/In Pictures via Getty Images Morgan Stanley announced the names of 184 new managing directors on Frida...
📋 Key Facts ✓ Deloitte's eight-week review, completed in May, identified fragmented Microsoft 365 tools at Whole Foods causing inefficiencies with Amazon. ...
Arthur Johnson, a North Carolina high school teacher, attended an institute on democracy and capitalism amid Americans' declining views on capitalism over time. Jesse Barber for BI Pop quiz: The airli...