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 ...
Scribe cofounder and CEO Jennifer Smith. Scribe AI startup Scribe raised $75 million and achieved unicorn status. Scribe helps businesses standardize workflows and implement AI. Here's the pitch deck ...
Patrick T. Fallon / AFP There are 10 cities that look like good options for those buying a home for the first time, Realtor.com said. The firm ranked cities for first-time homebuyers based on factors ...
Matt Mawson/Getty Images Big US banks will begin reporting fourth-quarter earnings Tuesday, starting with JPMorgan. Dealmaking rebounded in 2025, intensifying competition between firms for transaction...
Fed chair Jerome Powell Alex Wong/Getty Images Fed Chair Jerome Powell said the central bank has received grand jury subpoenas from the Justice Department. Economists, business leaders, and analysts a...
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...
Trump said the US could reimburse American oil companies for expanding operations in Venezuela. Doug Mills/The New York Times/Getty Images Trump said the US may reimburse oil firms for expanding opera...
Getty Images; Alyssa Powell/BI The must-read story in the $5 trillion hedge fund industry used to be about who made the biggest trade or launched the biggest fund. Now it's about who made the biggest ...
Sprinkles Cupcakes is closing, the bakery's founder said. Gado/Getty Images Sprinkles Cupcakes is closing, cofounder Candace Nelson said on Wednesday. Nelson sold Sprinkles to private-equity firm Karp...
Brian Niccol said he wanted Starbucks to feel like the coffee shop from "Friends." Justin Sullivan/Getty Images Starbucks CEO Brian Niccol said a fictional café guided his vision of what his s...
Jamba Juice's former CEO said middle management is important for maintaining company culture. Smith Collection/Gado/Getty Images Jamba Juice's former CEO, James D. White, said he's all for middle mana...
Rich Passer will begin trading at his new firm with $50 million in assets. Mecox Capital Partners Mecox Capital Partners is a new $50 million hedge fund focused on options trading. Peter Borish, a fou...
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...
Miles Guo in his NYC apartment in 2017 TIMOTHY A. CLARY/AFP via Getty Images Miles Guo's homes, luxury cars, and private jets are being sold off in bankruptcy court. The former billionaire, meanwhile,...
Nearly 30% of Japan's population is 65 or older, and many still work. Francesco Riccardo Iacomino/Getty Images Japan has adapted to an aging workforce with government support and job programs. Nearly ...
Andreas Halvorsen runs $55 billion Viking Global. Scott Olson/Getty Images Stuart Brown is stepping down as head of trading at $55 billion hedge fund Viking Global. Brown has worked at the hedge fund ...
Rep. Ritchie Torres Alex Wong/Getty Images A Polymarket user made over $400,000 off a well-timed bet on Nicolás Maduro's political future. The bet was made just one day before US forces captured the V...
Boston Dynamics CEO Robert Playter told Business Insider that Atlas, the humanoid robot, will eventually work the assembly line of a factory. Patricia De Melo Moreira/AFP via Getty Images Hyundai's Bo...
Kalshi's CEO said their rivalry with Polymarket encourages them to push products and marketing harder. Diarmuid Greene/Sportsfile for Web Summit via Getty Images Prediction market Kalshi is putting a ...
Smartphone prices are expected to increase in 2026 due to RAM shortage caused by AI boom. PixelsEffect/Getty Images Smartphone prices may rise in 2026 due to increased demand for RAM in AI data center...