The U.S. Midwest generates a lot of wealth and is home to myriad huge corporations. With corporations come pension funds, foundations and other collections of great wealth. One of the […]
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Back to news homeAI and analytics platform Dataiku raises $200M at a reduced valuation
Dataiku is the latest well-financed startup to suffer from macroeconomic headwinds, raising new capital at a significantly reduced valuation. The company today announced that it raised $200 million in a […]
Swoop Aero’s drones hit a million items delivered as the company raises for expansion
Out where delivery trucks and full-size cargo planes don’t make a lot of sense, drones proliferating — they may never deliver your burrito, but could soon be indispensable for transporting […]
Here’s the inflation breakdown for November 2022 — in one chart
Shoppers in Troy, Michigan, on Nov. 25, 2022.Matthew Hatcher/Bloomberg via Getty ImagesInflation was lower than expected in November amid a broad-based slowdown in consumer prices that have been rising at […]
Lawmakers unveil bipartisan bill that aims to ban TikTok in the U.S.
U.S. Senator Republican Marco Rubio gives a speech at the Conservative Political Action Conference (CPAC) in Orlando, Florida, February 25, 2022.Octavio Jones | ReutersA new bill from a bipartisan group […]
Ford boosts production of electric F-150 Lightning pickup truck
Corey Williams, plant manager at Ford’s Dearborn Truck Plant and Rouge electric vehicle center, outlines the automaker’s production plans for the F-150 Lightning electric pickup during a facility tour on […]
Consumer prices rose less than expected in November, up 7.1% from a year ago
Prices rose less than expected in November, the latest sign that the runaway inflation that has been gripping the economy is beginning to loosen up.The consumer price index, which measures […]
Hotel prices and airfare decline as travel demand cools after summer surge
The pool at Turtle Bay Resort on Oahu’s North Shore.Amanda Macias | CNBCConsumer prices for hotels, motels and other lodging dropped nearly 5% in November from October, according to the […]
Sam Bankman-Fried Arrested in the Bahamas After US Prosecutors File Charges
Sam Bankman-Fried, the disgraced founder of the collapsed cryptocurrency exchange FTX, was arrested in the Bahamas on Monday after U.S. prosecutors filed criminal charges.“S.B.F.’s arrest followed receipt of formal notification […]
Sam Bankman-Fried’s Parents Under Scrutiny in FTX Collapse
Mr. Bankman-Fried’s business and political empire was always a family affair. The FTX founder was a prolific political donor, and he was part of a network of contributors who gave […]