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Categories Business

Sam Altman tells OpenAI staff there’s no plan for him to receive ‘giant equity stake’ in company

Author September 30, 2024

At an all-hands meeting Thursday, OpenAI CEO Sam Altman denied that there are plans for him to receive a “giant equity stake”

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Categories Business

Trademark dispute emerges over Tiger Woods’ new logo

Author September 30, 2024

Tiger Woods’ new logo for his Sun Day Red golf apparel line is facing a trademark dispute. Tigeraire, a company that makes cooling

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Categories Business

Why JPMorgan Chase is prepared to sue the U.S. government over Zelle scams

Author September 29, 2024

Buried in a roughly 200-page quarterly filing from JPMorgan Chase last month were eight words that underscore how contentious the bank’s relationship with the government has

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Categories Business

Promises of ‘passive income’ on Amazon led to death threats for negative online review, FTC says

Author September 27, 2024

Jamaal Sanford received a disturbing email in May of last year. The message, whose sender claimed to be part of a “Russian

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Categories Business

How birria took over restaurant menus across the country

Author September 26, 2024

Birria, which was once known as a regional Mexican food, has taken on a life of its own in the U.S., becoming

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Categories Business

New Starbucks CEO Brian Niccol commits to working with union as talks move forward

Author September 26, 2024

Starbucks CEO Brian Niccol said the coffee chain is committed to bargaining in good faith with the union that represents many of its

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Categories Business

Surging AI demand could cause the world’s next chip shortage, research says

Author September 26, 2024

A surge in demand for artificial intelligence-focused semiconductors and AI-enabled smartphones and laptops could lead to the next global chip shortage, according

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Categories Business

Caroline Ellison, former FTX exec, sentenced to 2 years in prison

Author September 25, 2024

Caroline Ellison, whose testimony helped convict her former boss and ex-boyfriend, disgraced cryptocurrency mogul Sam Bankman-Fried, was sentenced Tuesday to two years

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Categories Business

Trump Media plummets 10% as post-lockup selloff picks up steam

Author September 24, 2024

Shares of Trump Media sank Monday to their lowest price since 2021, days after majority owner Donald Trump and other company insiders got the green light to start

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Categories Business

Boeing sweetens offer to union as strike enters second week

Author September 24, 2024

Boeing on Monday sweetened its contract offer and said it was its “best and final” proposal for its more than 30,000 machinists as

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