Elon Musk insists banks working on SpaceX IPO must buy Grok subscriptions

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Elon Musk insists banks working on SpaceX IPO must buy Grok subscriptions

Some banks “agreed to spend tens of millions on the chatbot,” NYT reports.

5 months ago

economy

Amazon hits sellers with 'fuel surcharge' as Iran war roils global energy markets

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Amazon hits sellers with 'fuel surcharge' as Iran war roils global energy markets

The e-commerce giant called the surcharge "temporary" but couldn't give a date for when the policy would be retired.

5 months ago

economy

Gateway Capital announces first close of $25M Fund II

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Gateway Capital announces first close of $25M Fund II

Gateway Capital, the Milwaukee-based venture firm founded by Dana Guthrie, can now begin investment operations for its $25M Fund II.

5 months ago

economy

Dean Czuma: The Architect of Value Creation

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Dean Czuma: The Architect of Value Creation

From McKinsey to CPO, Dean Czuma discusses his "full-contact" approach to procurement leadership and his mission to mentor the next generation at TAMKO.

5 months ago

economy

OpenAI starts to open the door to individual investors

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OpenAI starts to open the door to individual investors

The ChatGPT-maker says its shares will soon be included in several ETFs offered by Cathie Wood's ARK Invest.

5 months ago

economy

Oracle is reportedly laying off thousands of workers.

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Oracle is reportedly laying off thousands of workers.

The cloud giant has started notifying workers of the cuts, which are in the “thousands,” sources tell CNBC. Oracle reported employing 162,000 people as of May 2025, and has plans to raise between $45 and $50 billion this year for its AI infrastructure buildout.

5 months ago

economy

Real Chemistry's Ontonia Hamlin on Women in Procurement

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Real Chemistry's Ontonia Hamlin on Women in Procurement

Ontonia Hamlin, SVP at Real Chemistry, explains how she is turning procurement from a back-office role into the communications company’s strategic engine

5 months ago

economy

Allbirds is selling for $39M. It raised nearly 10 times that amount in its IPO.

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Allbirds is selling for $39M. It raised nearly 10 times that amount in its IPO.

The collapse of the brand, which was originally venture-backed and that went public in 2021, has been well-documented.

5 months ago

economy

Why SoftBank’s New $40B Loan Points to a 2026 OpenAI IPO

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Why SoftBank’s New $40B Loan Points to a 2026 OpenAI IPO

Wall Street giants JPMorgan and Goldman Sachs are extending a 12-month, unsecured loan to the Japanese conglomerate.

5 months ago

economy

Netflix raises prices for every subscription tier by up to 12.5 percent

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Netflix raises prices for every subscription tier by up to 12.5 percent

Netflix isn’t preparing for a multibillion acquisition anymore, but it’s still raising prices.

5 months ago

economy

Netflix is raising prices again

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Netflix is raising prices again

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5 months ago

economy

With $3.5B in fresh capital, Kleiner Perkins is going all in on AI

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With $3.5B in fresh capital, Kleiner Perkins is going all in on AI

The fundraise includes $1 billion for investing in early-stage startups, and $2.5 billion for late-stage growth businesses.

5 months ago

economy