Advanced Micro Devices is changing how it competes with Nvidia in the AI chip market. Instead of just selling hardware, AMD now offers customers a chance to own part of the company when they buy its chips. The latest example is Meta, which will purchase billions of dollars in AMD processors for new
New York City’s largest public health system has spent close to four million dollars on Palantir, a company known for its work with the Pentagon and ICE. The deal began in 2023, giving Palantir access to patient records so it can help hospitals track payments and boost revenue from Medicaid. C
A recent wave of documents has exposed how many top executives were linked to a notorious figure, raising questions about who knew what and when. The fallout is already visible: a senior lawyer at a major bank announced her exit after it emerged she had stayed in contact with the man until 2019, eve
Kraft Heinz has decided to stop work on its planned split, saying the problems it faces can be fixed. The new chief executive, Steve Cahillane, who joined last year, said the company’s main goal is to get back on a profitable growth path. He added that all attention must stay on the operating plan a
Ripple has just launched a new tool called Ripple Treasury. It's a big deal because it helps companies manage their money and digital assets in one place. This is a smart move, as companies often struggle with keeping track of their cash spread across different accounts and countries. The new platf
Amazon is letting go of about 16, 000 corporate workers. This is the second big round of job cuts in just a few months. The company says it wants to use AI to do some of the work instead. They also want to make things simpler and get rid of extra layers in the company. Amazon didn't say which parts
JPMorgan Chase and Bank of America have decided to add their own money to a special savings plan for kids. This plan, called "Trump accounts, " gives $1, 000 to each eligible child born in the U. S. between 2025 and 2028. The banks will match this amount, doubling the initial contribution. The idea
In a significant move, Yokohama Rubber has been awarded a "Certificate of Rubber Fender Test Environment. " This certification, received in January 2026, is a big deal. It shows that the company's testing methods for marine rubber fenders are reliable and trustworthy. The certification comes from Ja
Bain Capital Specialty Finance, Inc. has just taken a big step. They're issuing $350 million in senior unsecured notes. These notes come with a BBB rating and a stable outlook. The money raised will go towards general corporate needs and paying off some existing debts. So, what makes this move note
The new leader of Target, Fiddelke, is stepping into the role at a tough time. In just a week, they'll officially take charge, but the community is facing serious issues. Violence and loss of life have been hitting close to home for many, including Fiddelke, who lives and raises a family in the Twin
