Microsoft hasn’t signed off on OpenAI’s dramatic reversal of its onetime plan to become a for-profit venture.
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Comcast’s president floated the idea that the telecom giant and NBCUniversal parent company might spin off its portfolio of cable channels.
The cost of manufacturing chocolate and confectionery from cocoa has risen a terrifying 45% this year, according to the producer price index.
It’s just another earnings week in the life of pharmaceutical CEOs, with blockbuster expectations running up against cruel reality.
DoorDash binged Wednesday on British delivery rival Deliveroo, which it is set to acquire in a $3.9 billion deal.
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.
MLB World Series viewership is way up, thanks in part to Japan-born Los Angeles Dodger Shohei Ohtani. And brands have noticed.
The US is breaking past Mach 5 and catching up to China and Russia in futuristic, hypersonic military technology.
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.
TKO Group will be dropping $3.25 billion to acquire a trio of sports and entertainment properties from Endeavor.
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.