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Tag: Business

OpenAI CFO talks possibility of going public, says Musk bid isn’t a distraction

OpenAI's astounding growth rate potential is luring possible investors as questions loom over whether the startup will go public."In terms of a multiple...

Hasbro says it’s taking steps to offset China tariff impact

The Hasbro, Inc. logo is seen on a toy for sale in a store in Manhattan, New York, U.S.Andrew Kelly | ReutersToy and...

Trump says his administration will check Fort Knox ‘to make sure the gold is there’

President Donald Trump said his administration is going to audit the U.S. gold reserves kept at Fort Knox in Kentucky."We're going to go...

Walmart will report earnings before the bell. Here’s what to expect

The Walmart logo is seen outside of one of its stores in Selinsgrove, Pennsylvania.Paul Weaver | Lightrocket | Getty ImagesWalmart will report its...

Carvana expects another ‘strong’ year after topping fourth-quarter expectations

A Carvana sign and signature vending machine in Tempe, Arizona.Michael Wayland | CNBCCarvana topped Wall Street's top- and bottom-line expectations for the fourth...

Forever 21 is in talks with liquidators, indicating it’s struggling to find a buyer

Beleaguered retailer Forever 21 is in talks with liquidators about future steps for the fast fashion company, according to people familiar with the...

Government travel has ‘fallen off’ since Trump inauguration, United Airlines says

A United Airlines plane takes off from Ronald Reagan Washington National Airport November 23, 2021 in Arlington, Virginia.Drew Angerer | Getty ImagesUnited Airlines...

U.S. housing market could lose nearly $1.5 trillion in value due to rising costs of climate change

It's still too soon to fully calculate the cost of the Los Angeles wildfires, but one thing is clear: The cost of insurance...

UnitedHealthcare is offering buyouts to employees in benefits unit, could pursue layoffs, sources say

A general view outside the United Healthcare corporate headquarters on December 4, 2024 in Minnetonka, Minnesota. Stephen Maturen | Getty ImagesUnitedHealthcare is offering certain...

Walmart is getting a bump from a surprising cohort: Wealthier shoppers

Shoppers at a Walmart store in Secaucus, New Jersey, U.S., in March 2024.Gabby Jones | Bloomberg | Getty ImagesWalmart is known for its...

Aviation industry urges Congress for emergency air traffic control funding

An American Airlines Airbus A319 airplane takes off past the air traffic control tower at Ronald Reagan Washington National Airport in Arlington, Virginia,...

JetBlue talking to ‘multiple airlines’ about a new partnership

A JetBlue plane takes off from Los Angeles International Airport (LAX) on Jan. 03, 2025 in Los Angeles, California. Mario Tama | Getty ImagesJetBlue...

Apple unveils cheaper iPhone 16e powerful enough to run AI

Tim Cook, chief executive officer of Apple Inc., during the first day of in-store sales of Apple's latest products at Apple's Fifth Avenue...

Microsoft reveals its first quantum computing chip, the Majorana 1

Microsoft on Wednesday announced Majorana 1, its first quantum computing chip. The achievement comes after the company has spent nearly two decades of research...

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