OpenAI files confidential SEC paperwork for IPO, opening the door to a Wall Street debut
OpenAI says it hasn't decided on timing yet, as there are advantages to staying private.
US jobless aid filings, a proxy for layoffs, hit highest level since Iran war began in February
The number of Americans filing for jobless aid hit their highest level in four months last week, but layoffs remain historically low despite ongoing economic uncertainty brought on by the…
SpaceX’s IPO is set to be the biggest ever and could make Elon Musk a trillionaire
The company, formally known as Space Exploration Technologies Corp., said Wednesday it will sell 555.6 million shares at $135 a piece.
African EV firm Spiro raises $215 million for electric mobility expansion
Spiro says it has deployed 100,000 electric vehicles and 2,500 swap stations, positioning itself as one of Africa’s largest EV infrastructure platforms amid rising demand for affordable and cleaner urban…
Billionaire media mogul’s company offers to buy MGM Resorts in $18B deal
MGM is the largest casino operator on the Strip; Caesars is the second largest.
How are college grads navigating the tough job market? Here’s what some are doing
Budding professionals are trying to stand out from huge pools of job applicants.
Independent bookstores are multiplying, although many people still think they’re dying out
Allison Hill, CEO of the American Booksellers Association, often hears people express sympathy for her role, assuming bookstores are disappearing. However, independent bookstores are actually thriving.
Ferrari’s first electric vehicle met with market skepticism
The Italian automaker unveiled the all-new Luce EV on Monday.
Chinese fast-fashion juggernaut Shein to buy eco-friendly Everlane in an unlikely fit
Everlane, based in San Francisco, didn't disclose a purchase price.
SpaceX’s IPO to mint millionaires in poor Texas border town
Brownsville civic and business leaders are trying to make that more of a blessing than a curse for their once-sleepy city.