PepsiCo said Tuesday that it’s buying Mexican-American food company Siete Foods for $1.2 billion, marking the company’s first food acquisition in roughly five years.…
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Business
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As Microsoft investors get ready for quarterly earnings this month, there’s one particular metric that’s become increasingly important: finance leases. A finance lease lets a…
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Business
Sam Altman tells OpenAI staff there’s no plan for him to receive ‘giant equity stake’ in company
by adminAt an all-hands meeting Thursday, OpenAI CEO Sam Altman denied that there are plans for him to receive a “giant equity stake” in…
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Business
Retailers scramble to move billions in cargo as East Coast dockworkers prepare to strike
by adminWith a potential strike at ports up and down the East Coast and along the Gulf Coast set to begin after midnight Monday,…
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Tiger Woods’ new logo for his Sun Day Red golf apparel line is facing a trademark dispute. Tigeraire, a company that makes cooling…
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Buried in a roughly 200-page quarterly filing from JPMorgan Chase last month were eight words that underscore how contentious the bank’s relationship with the government has become.…
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Business
Promises of ‘passive income’ on Amazon led to death threats for negative online review, FTC says
by adminJamaal Sanford received a disturbing email in May of last year. The message, whose sender claimed to be part of a “Russian shadow…
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Birria, which was once known as a regional Mexican food, has taken on a life of its own in the U.S., becoming a…
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Caroline Ellison, whose testimony helped convict her former boss and ex-boyfriend, disgraced cryptocurrency mogul Sam Bankman-Fried, was sentenced Tuesday to two years in…
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A surge in demand for artificial intelligence-focused semiconductors and AI-enabled smartphones and laptops could lead to the next global chip shortage, according to…