Breaking News: Business
Anthropic products are operational after brief outage, status page says
Artificial intelligence lab Anthropic is exploring the possibility of designing its own chips, three sources said, as the company and its rivals respond to a shortage of AI chips needed to power and develop more advanced AI systems. Samuel Boivin | Nurphoto | Getty Images Anthropic on Wednesday said it experienced elevated error rates across […]
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Struggling shoe retailer Allbirds makes bizarre pivot from shoes to AI, stock explodes more than 300%
A woman walks past an Allbirds store in the Georgetown neighborhood of Washington, D.C., Feb. 16, 2021. Al Drago | Bloomberg | Getty Images Allbirds made a surprising announcement Wednesday that it is pivoting from shoes to artificial intelligence. The move boosted shares of the miniscule market cap company by more than 300%. The shares, […]
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Walmart is refreshing the look of Great Value, its largest private label brand
Walmart‘s largest private brand, Great Value, is getting a fresh look. Starting in May, the brand’s approximately 10,000 items that span from LED lightbulbs to gallons of milk and frozen chicken nuggets will hit the shelves in new packaging, the company announced Wednesday. Walmart first launched the brand in 1993 and hasn’t changed its look […]
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Starbucks launches beta app in ChatGPT to fuel new drink discovery
A sample prompt in ChatGPT using Starbucks’ beta app Source: Starbucks Starbucks has launched a beta app in ChatGPT to provide inspiration for customers’ drink orders, the company said Wednesday. To use the beta app, customers need to enable the Starbucks app through ChatGPT’s app directory and then enter a prompt on the chatbot that […]
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United CEO had been considering a merger last fall, months before bringing it up to the Trump administration
United Airlines CEO Scott Kirby, joined by U.S. Vice President JD Vance and Transportation Secretary Sean Duffy, speaks to reporters outside the White House on Oct. 30, 2025 in Washington, D.C. Kevin Dietsch | Getty Images News | Getty Images United Airlines CEO Scott Kirby raised the idea for an airline merger with the Trump […]
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Luxury stocks fall as Iran war weighs on earnings; Hermes sinks 14%
A woman walks in front of the Gucci store on Fifth Avenue in Trump Tower on February 24, 2021 in New York City. John Smith | Corbis News | Getty Images Luxury stocks tanked early Wednesday after Gucci-owner Kering and Hermes reported first-quarter earnings that disappointed investors amid a conflict in the Middle East that […]
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Chinese robotaxi companies forge ahead with UAE expansion despite Iran war
Key Points At least three Chinese robotaxi companies are pushing ahead with their expansion into the Middle East. The UAE and China held a business cooperation forum in Beijing earlier this week. Chinese robotaxi companies have ramped up their global expansion plans in the last two years, making the most progress in the Middle East. […]
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DA wants Sam Altman arson suspect Daniel Moreno-Gama held without bail
Sam Altman, chief executive officer of OpenAI Inc., speaks during BlackRock’s 2026 Infrastructure Summit in Washington, DC, US, on Wednesday, March 11, 2026. Daniel Heuer | Bloomberg | Getty Images Prosecutors plan to ask a judge Tuesday to ask a San Francisco judge to hold the man accused of trying to murder OpenAI CEO Sam […]
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David Einhorn signals caution as his hedge fund Greenlight prioritizes capital protection
Key Points Greenlight Capital’s David Einhorn warned that investors may be underestimating potential downside risks. “It probably won’t surprise anyone that we are again putting capital preservation at the top of our priorities,” Einhorn said in his latest investor letter. Source
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What a United-American merger would mean, from antitrust hurdles to airfare
American Airlines and United Airlines airplanes at the Terminal A at Newark Liberty International Airport (EWR) in Newark, New Jersey, US, on Thursday, Jan. 12, 2023. Aristide Economopoulos | Bloomberg | Getty Images United Airlines CEO Scott Kirby reportedly floated the idea of a potential tie-up with rival American Airlines to the Trump administration earlier […]
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