Product that tells our story
Fidji Simo, chief executive officer of Instacart Inc., speaks during a Bloomberg Studio 1.0 interview in San Francisco, California, U.S., on Thursday, March 3, 2022. David Paul Morris | Bloomberg | Getty Images Fidji Simo, OpenAI’s product and business chief, announced several leadership changes on Friday and revealed she is taking a significant medical leave […]
Now available on your favorite food delivery app: restaurant reservations. The still-simmering reservation wars of the last decade could fully reignite this year, as a shifting tech landscape pits some of the biggest players against each other to capture businesses and users alike. Reservation incumbents, delivery app newcomers and premium credit card partnerships are all […]
Small business owners like Melkon Khosrovian, the owner of Greenbar Distillery in Los Angeles, are taking a wait-and-see approach after the Supreme Court rejected President Donald Trump’s main tariffs on Friday. And after a punishing year that saw steep levies dent their bottom line, many aren’t expecting rebate checks yet. “We’re not that confident we’re […]
Workday co-founder Aneel Bhusri at the World Economic Forum in Davos, Switzerland, on Jan. 23, 2020, when he was CEO of the company. Bhusri will once again take on the role, with Carl Eschenbach stepping down. Adam Galica | CNBC Workday on Monday announced that CEO Carl Eschenbach is stepping down from his role and […]
Kevin Hassett remains the odds-on favorite to succeed Jerome Powell as chairman of the Federal Reserve — despite vast misgiving from Wall Street and CEO types. “It’s in the president’s hands,” is how one person close to the process of nominating the next Fed chairman put it. Trump began meeting with other candidates this week as he […]
Jamie Dimon took a thinly veiled swipe at “anti-business” Mayor-elect Zohran Mamdani — warning that the left-wing pol’s tax-and-spend agenda could “backfire” and drive big taxpayers and major companies out of the city. The JPMorgan Chase CEO didn’t mention Mamdani by name in his Thursday remarks at a conference in Miami, but made several pointed […]
A close-up view of the Nexperia plant sign in Newport, Wales on April 1, 2022. Matthew Horwood | Getty Images News | Getty Images The Dutch government has taken control of Nexperia, a Chinese-owned semiconductor maker based in the Netherlands, in an extraordinary move to ensure a sufficient supply of its chips remains available in […]
One of the seven defendants charged in an alleged multi-million dollar illegal gambling ring has agreed to a plea deal. The defendant in question, Carol Cote, has agreed to plead guilty to racketeering and conspiracy to commit racketeering charges in a deal made with prosecutors involved in the case involving suspended Osceola County Sheriff Marcos […]
The Murdoch family on Monday resolved the legal battle over control of its media empire, which includes Fox Corp. and News Corp, the company said. Lachlan Murdoch — the executive chairman and CEO of Fox Corp. and chairman of News Corp — will maintain control of the media giant forged by his 94-year-old father, Rupert […]
The Swedish Gambling Authority has shared a new report estimating that the channelization rate with licensed operators was 85 percent in 2024. The report highlights a largely steady channelization rate between 2023 and 2024, reporting 85 percent last year, down from 86 percent the year before. The channelization rate measures how much gambling for money […]
