Elon Musk’s AI startup now valued at $24 billion after fresh funding
Elon Musk’s AI startup xAI raised $6 billion in series B funding, reaching a post-money valuation of $24 billion as...
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Nvidia CEO Jensen Huang’s net worth swells from $3 billion to $90 billion in five years
Five years ago, Nvidia CEO Jensen Huang owned a stake in his chipmaker worth roughly $3 billion. After Thursday’s rally, which pushed...
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UAW challenges Mercedes-Benz union vote, asks NLRB for new election
DETROIT — The United Auto Workers union is challenging the results of last week’s organizing vote of Mercedes-Benz workers in Alabama, in...
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It wasn’t the endless shrimp that pinched Red Lobster. How private equity rolled the seafood chain.
Angry that your favorite Red Lobster closed down? Wall Street wizardry had a lot to do with it. Red Lobster...
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