Stripe's valuation climbs to $91.5 billion in secondary stock offer
Stripe announced a tender offer for employees and shareholders on Thursday that values the payments startup at $91.5 billion, the closest the company...
Read MoreAfter abrupt departure of Lucid CEO, here are the EV maker's top priorities
Shares of electric vehicle maker Lucid Group were down more than 10% Wednesday following a downgrade of the company's stock by Bank of America and...
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UPS is cutting 12,000 jobs as CEO cites soft demand and high labor costs following historic contract deal
UPS announced that it will cut 12,000 jobs in 2024. CEO Carol Tomé is seeking to offset high labor costs and low package demand. UPS drivers in 2023...
Read MoreStandard Chartered still sees bitcoin hitting $500,000 despite recent selloff
Standard Chartered's bullish crypto analyst still sees bitcoin's price hitting $500,000 during Donald Trump's presidency — even after a selloff...
Read MoreCNBC Sport: MLB may need to rethink rights packaging after ESPN opts out
The big sports business story of the past week has been ESPN's decision to opt out of its Major League Baseball media rights deal, ending a 35-year...
Read MoreQatar attracts VC fund managers to Doha with its $1 billion ‘fund of funds’
The Qatar Investment Authority is leveraging its over-$500 billion in assets to attract venture capital firms to the hydrocarbon-rich state. The...
Read MoreNvidia CEO Huang says AI has to do ‘100 times more’ computation now than when ChatGPT was released
Nvidia CEO Jensen Huang said next-generation AI will need 100 times more compute than older models as a result of new reasoning approaches that think...
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FCC Investigates Comcast and NBCUniversal Over DEI Programs
Investigation into MSNBC parent company comes as host Al Sharpton promotes corporate boycott over DEI
Read MoreTrump says Mexico, Canada tariffs will start March 4, plus additional 10% on China
President Donald Trump on Thursday said his proposed tariffs on Mexico and Canada will go into effect March 4 and that China will be charged an...
Read More2-time CEO always asks this question in interviews: It shows if candidates ‘just want to complain’
Serial entrepreneur David Royce has been building companies for years. Royce founded or co-founded three companies in the pest control industry...
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