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The Iran war is already the biggest threat to global shipping and supply chains since COVID
The price of food, AI chips and more could rise as supply-chain disruptions touch industries across the spectrum.
How the Iran war could start to impact U.S. retail prices
The retail industry could soon be taking the next hit from the Iran war’s disruption to the global supply chain.
The biggest names missing from the list of America's top philanthropists
MacKenzie Scott and many of America’s richest are absent from the latest Philanthropy 50 ranking.
Brent oil futures climb above $100 on continued disruption to Strait of Hormuz traffic
Prices have spiked after Iran’s new supreme leader broke his silence and called for the Strait of Hormuz to stay closed.
Dick's Sporting Goods issues weak profit guidance as Foot Locker merger weighs on bottom line
Dick’s Sporting Goods’ merger with Foot Locker led to a 60% increase in sales but a substantial decline in companywide profits.
Rivian is fulfilling its promise to launch a $45,000 EV, but there’s a catch
The EV maker just revealed pricing details for its new R2 lineup. Rivian will first launch a $57,990 model, with plans to debut a $45,000 variant in late 2027.
EV maker Lucid reveals plans for robotaxi, positive free cash flow late this decade
The EV company is aiming to hit that target through market expansion into midsize vehicles, robotaxis and new counties, specifically in Europe.
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Netflix is spending up to $600 million to buy Ben Affleck’s AI startup. What exactly is it buying?
A week after backing away from buying Warner Bros. Discovery, Netflix decides to buy rather than build AI tools for filmmakers.
