Meta is paying a 24-year old AI researcher $250 million — echoing the dot-com bubble
Mark Zuckerberg and other AI boosters show they’re players by spending money — not by making profits.
Sportsbook CEOs expect record level of betting ahead of NFL kickoff
DraftKings CEO Jason Robins has never been more enthusiastic about the kickoff to the NFL — sports betting’s biggest season. It’s second only to the Super Bowl in terms of importance for acquiring customers and growing the overall betting pool, Robins told CNBC on Thursday at the Bank of America Gaming and Lodging Conference. “The […]
Starbucks renovating cafes to be more accessible
As Starbucks revamps its U.S. locations, the coffee chain is trying to make its cafes welcoming to all through more inclusive design. As part of its broader effort to bring back customers, the company has prioritized plans to give makeovers to roughly 1,000 locations by the end of 2026. It will sideline major store renovations […]
14 stocks of companies that could benefit from Trump’s state capitalism
Companies that already receive a lot of federal money might wind up having even closer ties to the government.
Quarterly demand for industrial space falls for the first time in 15 years
Owngarden | Moment | Getty Images Five years ago, when the pandemic pushed e-commerce to new highs, the industrial warehouse space became the biggest commercial real estate play around. It began to slow in 2022, but now economic uncertainty brought on by constantly changing tariff policy and persistently high inflation is taking a greater toll […]
How you can still get a refund for a delayed or canceled flight even as Trump scraps Biden’s airline compensation proposal
The Trump administration this week said it will reverse plans to require airlines to compensate passengers for lengthy delays and cancellations, a move consumer advocates say is likely the first of many to weaken protections for travelers.
The next frontier of Hollywood IP harvesting
Warner Bros. | Universal Studios | Amazon Prime Hollywood is finally leveling up. For decades, studios have tried to capitalize on the financial success and cultural relevance of video games, but it’s only been in the past few years that things have clicked. With the box office achievements of Universal’s “The Super Mario Bros. Movie” […]
Massive Powerball jackpot means big boost for DraftKings
Budrul Chukrut | SOPA Images | Lightrocket | Getty Images Powerball fever is spreading as the jackpot hits $1.8 billion, making it the second-largest prize in U.S. lottery history. The enthusiasm for the gargantuan pot is fueling business on Jackpocket, a lottery courier owned by DraftKings and available in 16 states. DraftKings said 15 million […]
Kenvue fights back against RFK Jr.’s Tylenol safety concerns as its stock tumbles
Kenvue rushed to the defense of Tylenol, but the stock still suffered a record selloff on news that RFK Jr. will release a report linking the use of acetaminophen during pregnancy to autism.
NFL MVP Josh Allen leaves Nike to sign with New Balance
NFL MVP Josh Allen signs with New Balance. Courtesy of New Balance NFL MVP Josh Allen has left Nike to sign an endorsement deal with New Balance. The Buffalo Bills quarterback announced the news on Friday in a letter to his hometown of Firebaugh, California. The deal is a major win for Massachusetts-based New Balance. […]
