US Business
Elon Musk’s xAI Is in Advanced Talks to Raise $15 Billion, Lifting Valuation
Like other AI startups, the company is burning cash as it seeks to improve its flagship Grok chatbot.
US Business
US Business
Nexstar CEO Says Bigger Is Better in Pitch to FCC
Perry Sook says broadcasters need to grow to better compete with tech companies.
US Business
U.S. Backs $1 Billion Loan to Restart the Three Mile Island Nuclear Plant
Constellation Energy aims to bring mothballed plant back to life to power Microsoft AI agreement.
US Business
Anheuser-Busch InBev Nears $700 Million Deal for Party Punch Maker BeatBox
The owner of Michelob Ultra is in talks to buy boxed punch that has gained traction with younger drinkers.
US Business
AI Data Centers Are Banging on Crypto’s Door
Developers desperately need access to electricity—and bitcoin miners are in a prime position to assist.
US Business
The World’s Most-Watched YouTube Video Hasn’t Made Its Creator Rich
The Korean company behind the ubiquitous song “Baby Shark” is hampered by ad restrictions on children’s content but wants to raise funds for expansion via an IPO.
US Business
Omnicom Executive to Lead Brand Consulting Firm That Works With Private Equity
Fundamentalco, which spun out from Blackstone in 2024, focuses on brand strategy for clients such as Bain Capital, Visa and Hilton.
US Business
The Hidden Risk When Retailers Ask for a Five-Star Review
Even satisfied customers get turned off, thinking the company is trying to manipulate them.
US Business
Sinclair Takes Stake in E.W. Scripps to Push Takeover Deal
Sinclair believes scale is increasingly necessary in the broadcast TV industry and bought up the stake to pressure Scripps to strike a deal.
US Business
Domino’s Invests in Rebrand (And Stuffed-Crust Pizza) to Keep Diners Coming
The pizza chain rolled out its first rebrand in years as it aims to keep selling pizzas to cost-conscious consumers.