Starbucks to close stores, lay off workers in $1 billion restructuring
In the message to employees Thursday, Niccol said the company had reviewed and identified stores where the company would be “unable to to create the physical environment our customers and…
Nvidia plans to invest up to $100 billion in OpenAI | Technology News
Chipmaker Nvidia plans to invest up to $100 billion in artificial intelligence startup OpenAI under a new agreement, the companies said on Monday, as competition intensifies among technology giants to…
Larry Ellison $365 billion fortune breaks every rule of wealth management
A version of this article appeared in CNBC’s Inside Wealth newsletter with Robert Frank, a weekly guide to the high-net-worth investor and consumer. Sign up to receive future editions, straight…
Eli Lilly to build $5 billion Virginia manufacturing facility
Eli Lilly Biotechnology Center is shown in San Diego, California, U.S. March 1, 2023. Mike Blake | Reuters Eli Lilly on Tuesday said it will spend $5 billion to build…
Anthropic agrees to pay $1.5 billion to settle author class action | Technology News
Anthropic told a San Francisco federal judge on Friday that it has agreed to pay $1.5 billion to settle a class-action lawsuit from a group of authors who accused the…
Vinted creator: How my idea became a billion dollar online business
“It was like boom… we even forgot to develop the button for ‘I want to buy this item’” When the duo next met, they gave their project the name ‘manodrabužiai’…
Airplane leasing world shrinks with $7.4 billion takeover of Air Lease
An Airbus A321 is being assembled in the final assembly line hangar at the Airbus U.S. Manufacturing Facility in Mobile, Alabama. Michael Spooneybarger | Reuters Aircraft leasing firm Air Leasefounded…
Apple sees record $9 billion sales in India as iPhone 17 launch nears: Report | Technology News
Days ahead of the widely anticipated global launch of the all-new iPhone 17 series, Apple has reached another milestone. The iPhone maker recorded over $9 billion in annual sales in…













