Startups in Middle East Raised $1.2 Billion in Fundraising Record
Startups in the Middle East raised a record $1.2 billion last quarter, defying a collapse in broader emerging…
Crypto’s Record Selloff Sparks Intrigue Over Who Got Wiped Out
The day after crypto experienced its biggest one-day selloff, everyone in the industry was trying to figure out…
Ray Dalio Warns of Soaring Debt and ‘Civil War’ Brewing in US
Bridgewater Associates founder Ray Dalio reiterated warnings that US government debt is rising too quickly, fueling a climate…
First Brands: How Jefferies, UBS Ended Up Exposed to Its Collapse
In hindsight, the telltale signs of trouble were piling up: the Zoom calls where the owner kept his…
Boeing 777X to Slide Into 2027, Driving Billions in Charges
Boeing Co.’s 777X is slated to fly commercially for the first time in early 2027 instead of next…
Nike Sales Beats Estimates on North America Strength, Running Business (NKE)
Nike Inc.’s sales improved markedly in the latest quarter — a sign that efforts to realign the company…
CoreWeave Inks $14 Billion Meta Deal, Highlighting AI Demand
CoreWeave Inc. has signed a deal to supply Meta Platforms Inc. with as much as $14.2 billion worth…
Eve Nabs $1 Billion Valuation to Bring AI to Lawyers
Eve, an AI assistant for plaintiff-side lawyers, is the latest in a new wave of startups raising money…
Charlie Javice Gets 7 Years in Prison for Defrauding JPMorgan
Charlie Javice was sentenced to 85 months behind bars for defrauding JPMorgan Chase & Co. in its $175…
CEO of Canada’s Biggest Pension Blasts ‘Winner-Take-All’ Market
Canada Pension Plan Investment Board is wary of the surge in the US stock market, which is too…
The Echoes of 2007 Are Starting to Become Louder: Credit Weekly
Massive leveraged buyouts. An ever-growing pile of risky debt. Early signs that subprime consumers are falling behind. It…
Meta Needs a Cultural Change to Build Safe AI
“Move fast and break things.” If there’s a single corporate motto you can identify off the top of…