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 Vladan Raznatovic via Unsplash

Consumer

Macy’s to Shutter 150 Stores to Focus on Boosting Upscale Brands

The company will close underperforming locations while it grows its luxury Bloomingdale’s and BlueMercury outlets.

1 min read
Photo by Portuguese Gravity via Unsplash

Industrials

Ryanair’s Short Honeymoon with Boeing Appears to Be Over

The European budget airline says it will seek compensation due to Boeing not delivering as many planes as promised.

2 min read
Photo by Michael Barera via CC BY-SA 4.0

Consumer

Domino’s Ekes Out a Win Amid Turbulent Times for Fast Food

The company saw rejuvenated growth due to the success of its promotions and new partnership with Uber Eats.

1 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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