Drive-Thru Coffee Purchases Hit Record 59%
America is embracing the rise of the small, drive-thru coffee chain.
As the Financial Times reported Sunday (Sept. 28), hundreds of these locations — in buildings “the size of shipping ...
Walmart CEO Foresees AI Transforming ‘Literally Every Job’
Walmart is reportedly preparing for artificial intelligence (AI) to transform its workforce.
“It’s very clear that AI is going to change literally every job,” CEO Doug McMillon said l...
American Consumers Facing Highest Tariff Rate in 90 Years
New import levies have Americans facing the highest tariff rates in nearly a century.
The tariffs announced last week on prescription drugs, heavy trucks and furniture have led to an overal...
AI Startup Black Forest Labs Shoots for $4 Billion Valuation
AI startup Black Forest Labs is reportedly seeking a $4 billion valuation in a new funding round.
The German image generation company is in talks to raise between $200 million to $300 milli...
Bailouts: The Emergency Button That Keeps Getting Reinstalled
This week’s Weekender takes a brisk, slightly irreverent lap around real, historical financial rescues, from J.P. Morgan’s locked-door diplomacy to depositors getting saved while shareholders didn...
InsurTech Ethos Technologies Files for IPO
Life insurance technology company Ethos Technologies filed for its initial public offering Friday (Sept. 26).
The company filed its registration statement on Form S-1 with the Securities an...
Klarna Shares Drop Below IPO Price Amid Widespread Tech Slump
Klarna’s shares reportedly dropped below their initial public offering price for the first time Friday (Sept. 26) amid a widespread weakening of technology stocks.
The company’s stock f...
Apple Tests Siri Chatbot With Internal Users
Apple is building a ChatGPT-like iPhone app to test a revamped version of Siri. Still, the tool is restricted to internal testing only and will not be released to consumers, Bloomberg reported Friday ...
OpenAI’s New Move: ChatGPT Knows What You Need Before You Ask
OpenAI is reimagining the role of artificial intelligence in daily routines with the launch of ChatGPT Pulse. Instead of waiting for prompts, Pulse delivers personalized updates before a user asks, pu...
