Microsoft hasn’t signed off on OpenAI’s dramatic reversal of its onetime plan to become a for-profit venture.
Our daily email brings you smart and engaging news and analysis on the biggest stories in business and finance. For free.
The EU has a 10% tariff on EVs imported from China, but it could soon increase to 25% or 30%.
The diamond industry is undergoing a major shake-up. But can just how far can the bottom fall for the industry?
The regulator had banned the company’s e-cigarettes in 2022, but they stayed on store shelves while an appeal process played out.
DoorDash binged Wednesday on British delivery rival Deliveroo, which it is set to acquire in a $3.9 billion deal.
The plaintiffs argue the league made an anti-competitive agreement forcing fans to pay for out-of-market broadcasts in one package.
Last year saw the highest private in-patient admissions since records began, totaling roughly 900,000, a 7% increase from 2022.
Beijing is reportedly unhappy with the prospect of an EU tariff on EVs, and is considering retaliatory tariffs on the EU’s aviation industry.
The US is breaking past Mach 5 and catching up to China and Russia in futuristic, hypersonic military technology.
One market research firm said even duties in the range of 15%-30% won’t keep most of the country’s carmakers out of Europe.
The brewer is reportedly in early talks to sell to Japan’s Suntory, which owns American spirits brands Jim Beam and Maker’s Mark.
The big services are working on a structure that will weigh factors such as viewership time, production budget, and new subscriptions added.
Skechers, known for its comfortable and affordable sneakers, agreed to a $9.4 billion deal to be taken private by 3G Capital.
As the US — and everywhere else — has digested multi-year inflation, pressure has mounted disproportionately on the restaurant sector.
Tesla was a notable absentee from this week’s Shanghai Auto Show, where Volkswagen and other carmakers debuted new offerings.
Toymaker Hasbro crushed expectations in its latest quarter, but its annual guidance hasn’t been updated to consider potential tariffs.