OpenAI on Wednesday announced that it now has 3 million paying business users, up from the 2 million it reported in February. The San Francisco-based startup rocketed into the mainstream in late 2022 with its …
Business
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Business
Nationwide coordinated retail crime crackdown results in hundreds of arrests, authorities say
by adminA nationwide coordinated crackdown on retail crime — what authorities are calling the first of its kind — led to hundreds of arrests in 28 states last week. The blitz, led by Illinois’ Cook County …
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Snacktime is nigh at the Golden Arches. On June 3, McDonald’s announced exactly when the Snack Wrap will return to partipating restaurants nationwide: July 10. And, thankfully, it’s not a limited-time offer, either — it’s …
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Peloton on Tuesday launched its own marketplace for reselling used equipment and gear as the company looks to capitalize on the many bikes and treadmills collecting dust in people’s homes. The platform, dubbed Repowered, will …
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While U.S. President Donald Trump’s tariffs play out in U.S. courts, another one of his proposed laws could weaponize the American tax system. Investment banks and law firms warn this step could prove to be …
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Business
Amazon taps Xbox co-founder to lead new team developing ‘breakthrough’ consumer products
by adminAmazon’s devices unit has a new team tasked with inventing “breakthrough” consumer products that’s being led by a former Microsoft executive who helped create the Xbox. The ZeroOne team is spread across Seattle, San Francisco …
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Nvidia shares jumped on Thursday after posting a positive set of earnings, sparking a rally in global semiconductor stocks. Shares of Nvidia were 6% higher after the company posted better-than-expected earnings and revenue on Wednesday, …
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Business
Boeing to resume airplane deliveries to China next month, ramp up Max production, CEO says
by adminBoeing’s airplane deliveries to China will resume next month after handovers were paused amid a trade war with the Trump administration, CEO Kelly Ortberg said Thursday, as he brushed off the impact of tit-for-tat tariffs …
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Macy’s cut its full-year profit guidance on Wednesday even as it beat Wall Street’s quarterly earnings expectations, as the retailer’s CEO said it will hike prices of certain items to offset tariffs. In a news …