In December 2020, a tech founder posted on Twitter (now X) suggesting that Silicon Valley should consider moving to Florida. I was mayor of Miami then, and I responded to the post with “How can I help?” My reply went viral. My…
Elon Musk on Thursday sparred with an attorney for OpenAI during his third day of testimony in the contentious trial over the company’s pivot from nonprofit status to a for-profit venture valued at hundreds of billions of dollars. The trial centers on…
At 8:45 a.m. Eastern Time today, oil was priced at $116.10 per barrel with Brent serving as the benchmark (we’ll explain different benchmarks later in this article). That’s a rise of $1.44 compared with yesterday morning and around $53.46 higher…
The finer details of back-end payment systems are enough to make most people’s eyes glaze over, even those in crypto. But Alex Fine, the founder and CEO of the startup Fun, finds in-the-weeds payment tasks to be just that, and…
Or perhaps those fruit flies are crowding a fermenting sourdough starter, or swarming a banana that’s about to become an unwanted mush pile. But, for biomedical scientist Caíque Costa, fruit flies aren’t meant to be swatted—when studied, they’re where cancer…
Good morning. This week brought convincing proof that Starbucks’ comeback under CEO Brian Niccol is for real. The coffee chain on Wednesday reported that quarterly U.S. comparable sales rose 7.1%, their second straight gain. What’s more, for the first time…
Snap, the tech company behind the social media app SnapChat, introduced on Tuesday AI Sponsored Snaps, an advertising tool that will allow users to chat with AI bots from a brand partnered with the social media platform. It’s one of…
Six months before Election Day, America’s $39 trillion national debt has moved from an abstract fiscal concern to a dinner-table anxiety — and voters across the political spectrum are demanding that candidates explain what they plan to do about it.…
Finance chief Dan Durn is turning Adobe’s finance organization into an early proving ground for agentic AI—using autonomous software agents to forecast results, scan contracts, and even answer hundreds of thousands of emails. The push mirrors Adobe’s broader strategy around…
Some of investing’s top voices have always warned against lifestyle creep. You have Warren Buffett still driving a beat-up car and living in his modest Nebraska home; Sheraton Hotels and Purdue Farms heiress Mitzi Perdue flying economy and wearing hand-me-downs;…