Industries

Industries

Microsoft Holds Out on OpenAI Nonprofit Plan

Photo by TechCrunch via CC BY 2.0

Microsoft hasn’t signed off on OpenAI’s dramatic reversal of its onetime plan to become a for-profit venture.

2 min read

Photo by Getty Images via Unsplash

International Economics

China Trumpets Trade War Mettle With Strategic Mineral Advantage

China is a top global producer of 30 of the 50 minerals the US considers critical, and is sources more than half of the US annual supply.

2 min read
Photo by Rio Space via Unsplash

Banking

Consumer Spending Buoyant in Run-up to Tariffs, Big Banks Say

Banks pocketed huge sums in the first quarter from equities because the “increased market volatility” triggered a rush on transactions.

2 min read
Photo by Cottonbro Studio via Pexels

Media & Entertainment

Next Level: Netflix Angles for Membership in $1 Trillion Club

With Hollywood conquered, Netflix has a new goal: reach a $1 trillion market cap by 2030, according to a Wall Street Journal report.

2 min read

Industries

DoorDash Scoops up British Rival Deliveroo in Global Push

Photo by Carl Campbell via Unsplash

DoorDash binged Wednesday on British delivery rival Deliveroo, which it is set to acquire in a $3.9 billion deal.

1 min read

Policy & Power

US Gains Ground in Hypersonic Arms Race

Photo via Stratolaunch

The US is breaking past Mach 5 and catching up to China and Russia in futuristic, hypersonic military technology.

2 min read

Industries

Skechers Takes $9 Billion Buyout as Shoe Stocks Skid

Photo by Harrison Keely via CC BY 4.0

Skechers, known for its comfortable and affordable sneakers, agreed to a $9.4 billion deal to be taken private by 3G Capital.

2 min read

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