BUSINESS

Jan 24 2025BUSINESS

How Trump's AI Project Stargate Could Boost These Tech Stocks

President Trump's new AI project, Stargate, is creating a buzz among tech stocks. This $500-billion venture, joining forces between OpenAI, Oracle, and SoftBank, aims to beef up the U. S. 's AI infrastructure. Since the announcement, Oracle's shares have surged by nearly 15%, and Microsoft's by 3%.

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Jan 24 2025BUSINESS

UnitedHealthcare Picks New CEO After Shocking Event

In a surprising turn of events, UnitedHealthcare has chosen Tim Noel as their new CEO. This announcement comes after the tragic murder of their previous leader, Brian Thompson, in December. Noel, who has been with the company since 2007, was previously in charge of Medicare and retirement plans. The

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Jan 24 2025BUSINESS

CNN’s Digital Shift: A New Era Begins

In a striking move, CNN recently revealed plans to lay off around 200 employees, largely from their TV division. This shift is part of a broader strategy to transition more heavily into digital operations. CEO Mark Thompson, formerly at The New York Times and BBC, is behind this change. He's been ta

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Jan 24 2025BUSINESS

Boeing's Space Woes: More Losses Expected for Starliner Program

Well, it seems like Boeing is still facing a bumpy ride with its Starliner commercial crew program. In a recent press release, the company admitted it's bracing for some more financial hits. They're expecting to take a $400 million beating, along with some other programs like the VC-25B presidential

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Jan 24 2025BUSINESS

Trump's New Move: A Boost for Cryptocurrency

In a recent move, President Trump signed an executive order backing the growth of the cryptocurrency industry. The order calls for a new plan to regulate this business sector, where Trump has personal investments. The order suggests creating a working group to develop comprehensive regulatory and le

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Jan 24 2025BUSINESS

Steve Mosko Exits Village Roadshow: A Leap into Uncertainty?

Steve Mosko, a well-respected name in the entertainment industry, recently separated from his role as CEO of Village Roadshow Entertainment Group. The departure comes during a challenging period for the company, which has been grappling with financial difficulties since last fall. Village Roadshow,

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Jan 24 2025BUSINESS

The Changing Face of Warner Bros. Games

Warner Bros. Games is undergoing a big shake-up. David Haddad, the head of the division for over a decade, is stepping down. He's not leaving right away, though. Haddad will stay for the next three months to help find his replacement and make sure things run smoothly. The company wants to minimize a

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Jan 24 2025BUSINESS

How a Lost USB Drive Led to a Multi-Billion Dollar Company

Ever lost important files? Drew Houston, now 41, faced this problem repeatedly as a student at MIT. He found himself constantly misplacing USB drives with crucial data. Frustrated, he decided to create a solution for himself in 2007 — a cloud storage platform. Little did he know, this personal proje

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Jan 24 2025BUSINESS

Young Collectors and Christie's Next Move

The art world is changing, and Christie's is eager to stay ahead of the game. Bonnie Brennan, the new CEO, has her eyes set on younger collectors. With over a quarter of Christie's buyers in the Americas being millennials or younger, she's not just thinking about the future, she's acting on it. Onli

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Jan 24 2025BUSINESS

Rollfi's Journey from Crypto to Payroll: A Startup's Pivot and Acquisition

Back in 2021, Kirubha Perumalsamy started Rollfi to help businesses with digital payments, right when crypto was booming. But when the crypto market crashed, Rollfi didn't just fold. Instead, they changed their game plan. They shifted towards becoming an embedded payroll company, teaming up with fin

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