Tailwind's CEO said the startup's revenue has decreased by 80% amid the rise of AI. id-work/Getty Images The popular web tool Tailwind cut three of its four engineers on Monday, citing an AI-driven re...
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...
Kiana Mei started her business at the age of 15 in high school. Now, she's fully committed to life as a young entrepreneur. Aditi Bharade Kiana Mei was 15 when she started her business, selling origam...
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...
Standard Oil founder John D. Rockefeller has long been considered the wealthiest man in America's history. NY Daily News Archive via Getty Images America has more billionaires than ever, led by Elon M...
Google cofounded Sergey Brin and Larry Page attended the Vanity Fair Oscar Party in 2007. Billy Farrell/Patrick McMullan via Getty Images This post originally appeared in the BI Today newsletter. You ...
The World Economic Forum says AI will reshape work by 2030 — and only one future avoids major worker displacement. APHOTOGRAFIA/Getty Images The WEF outlines four AI job futures for 2030, warnin...
Wall Street bank backed venture launched by Jonathan Orszag after he left FTI Consulting...
Shanghai-based AgiBot topped global humanoid robot shipments in 2025, with nearly a 38 per cent share, as China’s robotics firms dominated the market, leaving in the dust major US players like Elon Mu...
Offshore bondholders of distressed developer China Vanke could face near-total losses in a worst-case scenario, according to Barclays, underscoring the deepening risks in mainland China’s property sec...
China’s robotics industry may need at least five years before humanoid models reach a similar level of acceptance to electric vehicles, according to private equity firm Hermitage Capital, the latest v...
The fascination with cryptocurrencies shows no sign of fading. With the passage of the Guiding and Establishing National Innovation for US Stablecoins (Genius) Act in July, US lawmakers added to the s...
BYD container ship. NurPhoto/Getty Images Tesla just lost its status as the world's largest seller of battery EVs to a Chinese rival. BYD took Tesla's crown after Elon Musk's automaker reported its se...
China’s central bank has set the yuan’s daily reference rate at its strongest level in 15 months, as the currency strengthened in offshore trading and briefly broke through the closely watched seven-p...
Hong Kong’s primary residential home sales in 2026 are forecast to again reach decade-high numbers, as developers continue to clear inventory and homebuyers focus more on small, low-cost flats. Transa...
New mayor dismisses fears of an exodus of wealthy residents as he looks to fund his affordability agenda...
Costco offers some impressive prices, but shoppers sometimes balk at the membership fee. Dominick Reuter/Business Insider Costco is known for buying in bulk and offering some of the lowest unit prices...
Nvidia CEO Jensen Huang was often seen by the side of President Donald Trump. Leah Millis/Reuters The future of the AI race was laid down in 2025. Big Tech may hold up the entire economy with its cape...
Hong Kong’s momentum as an initial public offering (IPO) venue is set to hurtle onwards in 2026 after funds raised from share sales more than tripled in 2025, placing the city’s exchange atop the glob...
Marc Andreessen said that founders want to work with investors who are "brave." Paul Chinn/The San Francisco Chronicle via Getty Images Marc Andreessen said that his venture capital firm benef...