Finance
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China has a ‘near monopoly’ on many critical minerals. JPMorgan says it could be the ‘next battleground’ with the U.S.
China has a “near monopoly” on the mining of many raw materials that are critical for the production of semiconductors…
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RH CEO says ‘I don’t yell at people—I yell at the problem’
RH CEO Gary Friedman has long been known for his soaring rhetoric in the luxury furniture retailer’s quarterly earnings reports…
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Whole Foods founder said Jeff Bezos is a ‘genius’ who got rid of the ‘whole paycheck’ stigma
Whole Foods’ prices have never been more accessible to consumers and the chain has Jeff Bezos and Amazon to thank,…
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Spotify’s CEO got roasted by artists after he said the cost of creating content is ‘close to zero.’ Now he’s trying to walk back his ‘clumsy’ remark
Spotify CEO Daniel Ek triggered backlash from the music industry last week when he said the cost of creating content…
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JPMorgan to expand AI tool to help portfolio managers ‘correct for bias’
Artificial intelligence is increasingly playing a role in helping with investment decisions at top asset managers, and that includes the…
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Cava’s earnings soar as finance bros and suburbanites flock to ‘healthier’ fast-casual spots
Cava isn’t just feeding salads and bowls to its loyal consumers of finance bros and suburbanites, it’s getting plenty full…
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Elon Musk’s xAI raises $6 billion from Sequoia, Andreessen, and Saudi royals as it hails ‘significant strides’ in AI research
A group of investors will put up $6 billion to fund development of artificial intelligence by Elon Musk’s xAI. The…
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The short-lived memestock revival shows how retail investors and markets still misunderstand each other
In the week of May 13 to 17, the shares of GameStop, AMC, BlackBerry, and other companies soared and then…
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DOJ to probe private equity firms attempting to ‘game the system,’ special counsel says
The Justice Department is investigating whether some private equity companies may have intentionally withheld information in previous mergers, a senior…
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‘Carbon colonialism’ in Africa meets resistance
Matthew Walley’s eyes sweep over the large forest that has sustained his Indigenous community in Liberia for generations. Even as…
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