Less than a week after being sacked by the board, OpenAI rehires Sam Altman as CEO
OpenAI announced the return of Sam Altman as CEO early Wednesday morning. The move comes as a result of intense...
Binance’s CEO will admit to breaking US laws as part of a $4 billion settlement to end the investigation
According to a source familiar with the case, Binance Holdings CEO Changpeng Zhao would admit to breaking US laws as...
Ford will cut $3.5 billion from its plans. As EV demand falls short, labor expenses soar at a Michigan battery company
Ford Motor firm is postponing plans for a $3.5 billion battery plant in Michigan as consumers transition to electric vehicles...
Jeff Bezos is becoming ‘aggressive’ once more. According to sources, Amazon sold more stock on Tuesday after unloading shares last week
On Tuesday, Jeff Bezos is anticipated to be "aggressive" in selling more Amazon shares.According to Faber, Bezos may sell as...
Hundreds of OpenAI staff have threatened to leave for Microsoft unless the board resigns
Hundreds of OpenAI employees, including co-founder and board member Ilya Sutskever, have signed a letter requesting that the remaining board...
As Bud Light sales fall, Anheuser-Busch’s US marketing chief resigns
Benoit Garbe, Anheuser-Busch InBev's U.S. chief marketing officer, is stepping down as the criticism over marketing stunts continues to impact...
Amazon will allow automobile dealers to sell vehicles on its website, beginning with Hyundai
Amazon will allow auto dealers to sell automobiles on its website beginning next year, beginning with South Korean automaker Hyundai,...
The IMF has approved a $35 billion credit line for Mexico.
According to the statement, Mexican authorities want to treat the new agreement as precautionary and to maintain careful policy moving...
Argentina’s 100% inflation attracts throngs to secondhand clothing markets: ‘I can’t afford new jeans.’
(Photo by JUAN MABROMATA / AFP) (Photo by JUAN MABROMATA/AFP via Getty Images) With inflation over 140% and climbing, hard-pressed...
France’s highest court has ordered a new trial over a $2 billion UBS fine
(Photo by Fabrice COFFRINI / AFP) On Wednesday, France's highest court determined that a 1.8 billion-euro ($1.95 billion) fine against...