Fashionphile's New York City flagship features 15,000 items ready to be resold — including hundreds of Hermès Birkins, which consistently pull a high ROI. Courtesy of Fashionphile Resale has tak...
OpenAI lost at least 11 scientists and executives in 2025, including more than half a dozen researchers to Meta in the summer. REUTERS/Shelby Tauber/Pool OpenAI lost more than half a dozen researchers...
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...
New York Mets owner Steve Cohen has diversified his asset manager. Rich Storry/Getty Images James Malick, Point72's chief strategy officer, recently departed the hedge fund. Malick joined in 2023 afte...
The U.S. has seized two sanctioned oil tankers linked to Venezuela in back-to-back actions in the North Atlantic and the Caribbean. This comes after US President Donald Trump announced that a deal had...
Briana Bello, a recruiter for Hard Rock Stadium, looks over a resume from a job seeker during a job fair Thursday, Aug. 28, 2025, in Sunrise, Fla. (AP Photo/Marta Lavandier) Marta Lavandier/Associated...
Avelo Airlines has faced backlash for its decision to operate deportation flights for the Trump Administration. Roy De La Cruz/SOPA Images/LightRocket via Getty Images Avelo Airlines started operating...
Lockheed Martin said it plans to boost production of Patriot missile interceptors. US Army photo by Sgt. JaDarius Duncan Lockheed Martin said it plans to boost annual production of Patriot missile int...
ValentynVolkov/Getty Images Separately managed accounts in the hedge fund industry boomed in 2025. Insiders say demand will only accelerate the trend in 2025. Emerging managers face challenges from ta...
Getty Images; Angle Bush; Moonvalley; Rebecca Zisser/BI Since OpenAI launched ChatGPT in November 2022, the AI sector has undergone a significant transformation. Model capabilities have advanced, agen...
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...
Isreal Adeyanju bought a building in New Jersey with his good friend. Courtesy of Isreal Adeyanju Isreal Adeyanju is the co-owner of Kọ Café, a West African coffee shop in New Jersey. Adeyanju teamed ...
Amazon is pushing forward with its own brand of chips called Trainium. Noah Berger/Getty Images for Amazon Web Services Amazon rolled out a manager dashboard that tracks the time corporate employees s...
Workers in six more states will see their minimum wages hit $15. Jeffrey Greenberg/Universal Images Group via Getty Images Nineteen states will raise their minimum wages in January, affecting over 8 m...
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 ...
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...
Donald Trump signed an executive order on Wednesday regulating defense contractors, including their executive pay. Anna Moneymaker/Getty Images; Taylor Hill/WireImage President Donald Trump took aim a...
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...
The Warner Bros. Discovery board has again dismissed Paramount's hostile takeover attempt, branding it as "inadequate" and a "risk" to the company due to its reliance on an "extraordinary amount of in...
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...