Following the immense popularity of Japanese and Korean beauty products, many Chinese cosmetic brands are now…
Category: Finance News
Anthropic’s Claude Code creator says he manages tens of thousands of AI agents at once
Boris Cherny, the creator and head of Anthropic’s Claude Code, hasn’t handwritten a line of code…
Your career needs a ‘gym membership’ to keep up with continuous AI advancements
The days of learning a skill once and coasting on it for life are over. The…
Anduril CEO Brian Schimpf says economic warfare is the ‘new normal’ for military conflicts
Brian Schimpf, CEO of defense tech company Anduril, says that the nature of modern armed conflict…
Pentagon accuses Alibaba, Baidu and BYD, three of China’s biggest firms, of supporting the military
The Pentagon accused some of China’s biggest companies including Alibaba Group Holding Ltd., Baidu Inc. and…
ChatGPT maker OpenAI confidentially files for IPO, a week after Anthropic
OpenAI filed confidentially for an IPO, as the ChatGPT maker looks to join artificial intelligence rivals…
AXA launches a new HNWI platform as Hong Kong wealth surges past Switzerland
AXA is launching a new Hong Kong–based platform for high?net?worth individuals, doubling down on the city…
Trump has denied climate change but is now threatening Brazil with tariffs over Amazon deforestation
In the first year of his second term, President Donald Trump made a special effort to…
Airline industry’s profits could be cut in half as it braces for its worst year since the pandemic
Even as travelers keep flying, airlines’ profits could be cut in half, thanks in part to…
How retail investors can participate in the SpaceX IPO
Elon Musk has long courted retail investors, and he’s giving them a chance to buy SpaceX…
Even the ultra-wealthy are having to shop in Walmart right now, CEO John Furner says
“We do continue to see the higher-income customers coming to Walmart,” Furner told reporters during the…
Spotify’s secret to winning the hiring war? Keep your talent moving and growing
When it comes to the war for talent, it cannot be said that business is currently…
Current price of oil as of June 8, 2026
As of 9:10 a.m. Eastern Time today, oil sold for $97.15 per barrel (using Brent as…
Jenn Landis rebuilt Citi’s Wall Street credibility. Her reward: CFO of a $22 billion business
Good morning. Jenn Landis always knew she’d want to return to a CFO role. After spending…
Why Lightspeed and Wiz’s Assaf Rappaport bet $37 million on an AI-powered cyberattacker
Mock cyber attacks used to cost about $30,000, take two weeks, and tell companies what their…
Snowflake CEO says there’s a big myth at the heart of every org chart
Good morning. What does it mean to be a “tech worker” in the AI age? I…
Businesses are declaring war on AI slop. They are fighting a losing battle
Businesses are battling what feels like a rampant digital infestation. AI slop, a broad term for the endless…
Tech leaders are moving beyond AI hype: Here’s what’s actually working
We have officially entered the era of “applied AI”. For many boards and C-suite leaders, understanding how to gain the most…
Top analyst fears bubble popping with investors and Wall Street out over their skis
The Nasdaq’s sudden lurch lower on Friday looked like a crack in a story that had…