Business
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OpenAI raises $40B at $300B valuation in round led by SoftBank
Sam Altman’s OpenAI has raised $40 billion in a funding round led by investment giant SoftBank as it looks to stave off competition like Elon...
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Judge rejects Johnson & Johnson’s $10B settlement to end baby powder lawsuits
A judge rejected Johnson & Johnson's $10 billion proposal to end tens of thousands of lawsuits alleging that its products caused ovarian cancer.
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Hooters files for bankruptcy amid $376M debt as chain’s founders seek to take control, bring restaurant ‘back to its roots’
Hooters, like other casual dining restaurants, has struggled in recent years due to inflation, the high costs of labor and food, and declining...
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United Airlines receives FAA approval for first Starlink-equipped plane, schedules first flight for May
The airline's first Starlink-equipped commercial flight has been scheduled for May, just eight months after striking the deal with the SpaceX...
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Paul Hyon Kim, suspect in setting fire to Tesla vehicles in Las Vegas, to remain jailed until trial
A man accused of setting fire to Tesla vehicles in Las Vegas will remain jailed until his trial on federal charges of arson and possessing an...
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Trump says TikTok sale could be tied to a reduction in tariffs on China
President Trump said the negotiations regarding the sale of the Chinese-owned app TikTok are not tied to any tariff deals with China, but he's open...
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Amazon's new lab unveils model to power AI agents
Amazon's new lab dedicated to developing advanced artificial intelligence debuted on Monday a new model to fuel AI agents, or digital assistants.
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Trump to unveil 'Liberation Day' tariffs in major Rose Garden event with Cabinet
President Trump will unveil his global tariff plan in a Rose Garden event Wednesday featuring his entire Cabinet, a display underscoring the...
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Trump says TikTok sees a lot of potential buyers
President Trump said the Chinese app TikTok has "a lot of potential buyers" in the U.S. as the deadline looms to find a new owner or be banned here.
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Markets in major carmakers Japan, Korea dip as Trump tariff day approaches
Stocks in auto export powerhouses Japan and South Korea both plunged Monday in anticipation of stiff new tariffs on Asian goods imported into the...
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Supreme Court expresses doubts about Wisconsin's denial of tax exemption to Catholic Charities
The Supreme Court appeared skeptical Monday of Wisconsin's decision not to extend tax-exempt status to a division of Catholic Charities, suggesting...
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Trump says Zelenskyy trying to 'renegotiate' rare earths deal
President Trump says Ukrainian President Volodymyr Zelenskyy will have "big problems" if he tries to rework a deal that would provide rare earth...