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...
Lou Gerstner, the former CEO of IBM, has died at 83. James Leynse/Corbis via Getty Images Lou Gerstner, who led IBM's turnaround in the 1990s, has died, the company told staff. He kept IBM intact and ...
Walmart CEO Doug McMillon (R) is handing over the top job to John Furner in the new year. Walmart 2025 has been a big year for retail CEO transition announcements. Roughly 45 retailers said they are c...
📋 Key Facts ✓ Bitcoin price briefly crossed $90,000 from $88,000 during Asian and European trading before retreating. ✓ Futures open in...
GameStop is closing hundreds of stores just days into the new year as CEO Ryan Cohen aims to take home $35 billion in performance-based stock options. Reports the gaming and pop-culture retailer would...
ATG cofounders Dillon Erb and Daniel Kobran. Autonomous Technologies Group ATG cofounders Dillon Erb and Daniel Kobran raised $15 million to build an AI wealth strategist. Y Combinator CEO Garry Tan l...
Collectible cups, keychains, and tote bags are the new normal at fast food restaurants. Ploy Phutpheng/SOPA Images/LightRocket via Getty Images Collectable cups, keychains, and tote bags are the lates...
📋 Key Facts ✓ Argentina’s libertarian leader Javier Milei seeks tax and labour overhaul after midterm victory ✓ Milei’s ‘chainsaw’ mini...
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...
California-based Grocery Outlet has opened more stores in the Eastern US over the past few years. Alex Bitter/BI Grocery Outlet is opening new stores, especially in the Eastern US. The chain touts its...
Venezuela underwent major economic and social changes in the mid-20th century. Jack Manning/Getty Images Venezuela, home to the world's largest oil reserves, was once among the world's richest nations...
A Grok investor said he's "deeply concerned" about the "speculative" data center market. Myung J. Chun / Los Angeles Times via Getty Images A Groq investor said he's "deeply concer...
AMD CEO Lisa Su says AI will soon need "10 yottaflops" of compute — a scale of computing power the world has never built before. Caroline Brehman / AFP via Getty Images AI will soon need...
Nvidia's Jensen Huang and Google's Larry Page had different responses to California's proposed billionaire's tax. Patrick T. Fallon / AFP via Getty Images, EMMANUEL DUNAND/AFP/GettyImages A proposed w...
The time it takes to save for a home down payment fell to about seven years in 2025. TrongNguyen/Getty Images The time to save for a typical home down payment has dropped to seven years in 2025. While...
Wix purchased its downtown Manhattan office space in December 2019 Wix.com Wix announced an office return for staff in Israel, Poland, and Lithuania, starting February 1. US employees will continue to...
From left: Padi and Neema Raphael, partners at Goldman Sachs. Courtesy of Goldman Sachs Neema and Padi Raphael are siblings — and partners at Goldman Sachs. Neema is the chief data officer; Padi...
Americans have received millions of dollars as part of guaranteed income pilot programs. SimpleImages/Getty Images Basic income pilots have distributed over $335 million in economic relief to American...
The Gulfstream G700 is among the most luxurious jets in private aviation — an increasingly popular way for the ultrawealthy to travel. Taylor Rains/Business Insider Private jet travel is more po...
Some CEOs believe US manufacturing can make a comeback. Do you? Business Wire/AP President Donald Trump's trade war was partially intended to boost US-made goods. Nearly a year later, the results aren...