Browsing: Markets
Bank of America spends more than $250 million on GLP-1s
Weight-loss drugs are costing Bank of America more than a quarter of a million dollars a year. CEO Brian Moynihan said that the more than $250…
DoorDash is still ironing out Dot delivery robot kinks, from charging to pickups
DoorDash’s delivery robot isn’t quite ready for prime time. The delivery service has spent the last several months testing its Dot delivery robot as…
Meta to take on Anthropic’s Claude and OpenAI’s Codex with new coding agent
Meta is entering the coding wars with a new agent aimed at taking on Anthropic and OpenAI. The company announced Wednesday a beta version of Muse…
MrBeast’s studio head is leaving after less than a year. Here’s what his company’s CEO told staffers.
Corie Henson, MrBeast’s studio head, is leaving after just under a year. The former NBCUniversal unscripted EVP was among a batch of hires with big…
The K-shaped economy isn’t dead yet
Is the economy still K-shaped? The label came into vogue to describe an economy where the rich keep pulling ahead while the poor fall further behind…
SpaceX says some travelers are skipping direct options just to fly on a plane with Starlink
“Actually, I would like to add an extra flight to my trip,” said no one, ever. Well, until Starlink came along, apparently. During SpaceX’s Tuesday…
Jack Ma quietly invested $30 million in Corgi, one of Y Combinator’s hottest startups
Jack is back. Chinese billionaire Jack Ma’s private equity firm secretly led the latest funding round for Corgi, marking the first time the firm is…
I spent 16 hours on a round-trip Amtrak ride. Here are 7 mistakes I won’t make again.
Amtrak recommends passengers arrive 30 minutes before their trains are scheduled to depart. I am nothing if not a rule follower, so I got to Moynihan…
After sailing on over 55 cruises, there are 6 things I never waste my money on when I’m at sea
Although unlimited cocktails might sound appealing, purchasing a drink package has actually made my cruises less relaxing. I’ve splurged on drink…
This startup that just raised $6.5 million bets the next big side hustle is controlling robots with VR headsets
On a cold morning in Dallas shortly before Christmas last year, CEO Colin Webb watched one of his robots work an eight-hour shift alongside warehouse…