Microsoft hasn’t signed off on OpenAI’s dramatic reversal of its onetime plan to become a for-profit venture.
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Chinese electric vehicle giant BYD announced revenue of just over $28 billion in the three months ending September.
Royal Caribbean raised its annual profit forecast for the fourth time this year. Driving the optimism is a private island in the Bahamas.
China’s biggest coffee chain, Luckin Coffee, is eyeing an American expansion that could undercut the market for $10 chai lattes.
DoorDash binged Wednesday on British delivery rival Deliveroo, which it is set to acquire in a $3.9 billion deal.
Mercedes-Benz is en route to cut costs after profits in the third quarter more than halved year-over-year due to weaker demand in China.
Boeing is considering a sale of its space unit, among other assets. The news comes as its bottom line grows more tenuous.
Hermès reported financial results on Thursday that showed the scarf and handbag maker is doing pretty well.
The US is breaking past Mach 5 and catching up to China and Russia in futuristic, hypersonic military technology.
Modifi Biosciences announced that it has been acquired by global pharmaceutical giant Merck, with a $30 million down payment.
Frontier Airlines and Spirit Airlines have renewed their yearslong on-again, off-again merger flirtation. Perhaps this time’s the charm.
Walmart announced on Tuesday that it’s introducing a new same-day delivery service for prescription medication.
President Trump wants to bring film-making back to Hollywood by imposing 100% tariffs on movies produced outside of the US.
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.