Business

A collection of 1072 posts

Business

Robinhood to Launch Private Markets Fund, Drawing ICO Comparisons

Robinhood announced Robinhood Ventures Fund I (RVI) and expects it to list on the New York Stock Exchange in the coming weeks under the symbol RVI, offering customers IPO shares through Robinhood at $25 per share as part of an effort to address longstanding imbalances in access to capital markets.

Business

Elon Musk’s xAI Gets $3 Billion Investment From Saudi-Backed A.I. Firm

Humain, the Riyadh-based artificial intelligence company created last year by Crown Prince Mohammed bin Salman, said it had invested $3 billion in Elon Musk's xAI. The investment came just before Mr. Musk announced he had combined xAI with SpaceX, creating a business worth more than $1 trillion. Humain

Business

Uber to Incentivize More EV Chargers Near Its Drivers

Uber said it will offer incentives to companies that operate electric vehicle chargers to build more stations in the United States and Europe, targeting neighborhoods where its drivers live or frequently pick up and drop off passengers. The company will guarantee that chargers installed in those areas will be used

Business

Japanese toilet maker called 'most undervalued and overlooked' AI beneficiary

The memory supply crisis continues as AI datacentres drive high demand for RAM and system storage. Amid rising component costs and dwindling bargains, one unlikely beneficiary has drawn investor attention: Toto, the large Japanese company that manufactures bathroom appliances. Investment manager Palliser Capital has taken a large stake in Toto

Business

Tesla drops 'Autopilot' branding to keep selling cars in California

Tesla agreed to remove the term "Autopilot" from its California marketing, a move that lets the company continue selling and producing cars in the state and avoids a 30-day suspension of its dealer and manufacturer licenses. California had argued the branding implied drivers could rely exclusively on the

Business

Escapist and other gaming sites cut staff as owner pivots to AI

Clickout Media, a group that buys up gaming sites and then forces them to host unmarked advertorial content for gambling sites and casinos, is said to be “pivot[ing] to AI.” Insider Gaming reports the owner of The Escapist, Adventure Gamers and Esports Insider will be cutting large numbers of

Business

TiMi-backed Tencent reportedly funded Highguard developer Wildlight

Developers at Wildlight Entertainment were open about Highguard’s development when it launched last month — everything except where the money came from. A week after mass layoffs at the studio, it has come out that the source of funding may have been Chinese conglomerate Tencent. A new Game File report

Business

The brutal hunt for low-paid work

At 10.30am Zahra sat in a Preston business centre attaching marshmallows to sticks of spaghetti, one of 30 candidates split into groups of five and asked to build food towers. She had already written a 10‑paragraph online application and completed anagrams and quizzes to reach this two‑hour

Business

Jake Paul says Sam Altman taught him the value of 15-minute meetings

Jake Paul, now a professional boxer and venture capitalist, says he learned efficiency from OpenAI CEO Sam Altman. The two met while sitting next to each other at President Donald Trump's inauguration and bonded over a shared interest in fast cars. Paul described Altman's habit of

Business

Goldman Sachs to Drop D.E.I. Criteria for Board Members

Goldman Sachs will no longer explicitly consider race, gender and sexual orientation when evaluating potential board members. The change comes after an agreement with the National Legal and Policy Center, which withdrew a shareholder proposal as part of the deal; the group has a small investment in the bank and

Business

US and Japan unveil $36bn of oil, gas and critical minerals projects

Japan has drawn up plans to invest about $36bn in US oil, gas and critical mineral projects under the first wave of a deal with Donald Trump. The US president and Japan’s prime minister, Sanae Takaichi, announced a trio of projects that include a power plant in Portsmouth, Ohio,

Business

Nintendo tells Pokémon store to change its name

The Poké Court, a Pokémon card and collector’s shop in Manhattan, was robbed at gunpoint in January when armed burglars terrorized guests during a crowded event. Employees said the broader Pokémon community showed up to support them, and as word spread Nintendo became aware and reached out to the

Business

Nevada Sues Kalshi After Appeals Court Clears Way

Nevada has sued Kalshi after the US Court of Appeals for the Ninth Circuit denied the company's bid to block action by the state's gaming regulator. The ruling removed a block on the Nevada Gaming Control Board, which promptly filed a civil enforcement action seeking to

Business

Japanese government bond market turns ‘battlefield’ again

For two decades the market for Japanese government bonds lay dormant under the Bank of Japan’s regime of near-zero rates, with yields largely flatlining and entire days passing without a single benchmark bond changing hands. That changed last month after Prime Minister Sanae Takaichi’s vow to cut taxes

Business

Wall Street Moves Into Prediction Markets With Election-Contract ETF Filings

Institutional investors are moving into prediction markets as asset managers file exchange-traded funds tied to election outcomes. On February 17, 2026, Bitwise Asset Management submitted a post-effective amendment to register six ETFs under a new brand called "PredictionShares," to be listed and primarily traded on NYSE Arca. Bitwise’

Business

She built a career in Japan and says punctuality is non-negotiable

Lauren Rose Kocher grew up in a small Indiana town and became fascinated with Japan after seeing a Sesame Street episode about the country. She studied Japanese at the University of Chicago, spent a summer in Hokkaido, and moved to Japan in 2008 to teach English — not because she wanted

Business

Bitwise And GraniteShares File Election Prediction ETFs

Bitwise has filed a prospectus for a new lineup called PredictionShares, a group of six prediction-market-style ETFs planned for listing on NYSE Arca. The funds come in three pairs: two that will pay out if either a Democrat or a Republican wins the U.S. presidential election in November 2028,

Business

Ducati North America CEO says he hopes motorcycles never become self-driving

Jason Chinnock, Ducati's North America CEO, said he hopes motorcycles never become self-driving. He has been with the Italian luxury motorcycle company for over 20 years and has led its North American operations for a decade, and he said being a motorcyclist is a core part of his

Business

Boneless Wings Are Still Wings, Judge Rules

A federal judge in Illinois ruled on Tuesday that Buffalo Wild Wings’ boneless wings could legitimately be labeled "wings," dismissing a 2023 lawsuit by a Chicago man. In an opinion heavy on chicken puns, Judge John J. Tharp Jr. said the claim "has no meat on its

Business

Nevada sues Kalshi as federal regulators defend prediction markets

Nevada Gaming Control Board and the state attorney general sued Kalshi in Carson City District Court, seeking an order to stop what they call an unlicensed sports-betting operation. The filing followed a federal appeals court’s rejection of Kalshi’s request to halt state enforcement; Nevada says the company is

Business

U.S. Announces $36 Billion in Japanese Investments

The U.S. government outlined three Japanese-funded projects totaling $36 billion — a natural gas plant in Ohio, a crude oil export facility on the Gulf Coast and a synthetic diamond manufacturing site — calling them the first phase of a larger $550 billion pledge tied to last year’s trade framework.

Business

Union asks SEC to probe Apollo over 'misleading' Epstein disclosures

The American Federation of Teachers, which represents 1.8 million members and whose members have billions in pension money invested with Apollo, asked the Securities and Exchange Commission to investigate Apollo Global Management's past statements about its ties to Jeffrey Epstein. In a letter to the SEC'

Business

Berkshire bought a stake in The New York Times in Buffett's final quarter

Berkshire Hathaway bought around 5.1 million shares of The New York Times Company during the last three months of 2025, its quarterly portfolio disclosure revealed. The position was valued at about $352 million at the end of December. Warren Buffett and his two investment managers at the time, Ted

Business

The next toy trend is the highland cow

After a visit to Toy Fair in New York, a new contender is emerging to follow capybaras, axolotls, and Labubu: the highland cow. Plush versions of the shaggy, caramel-colored cow with its tawny mop of hair appeared throughout the convention, suggesting a modest industry consensus that the animal is poised

Business

Playmates' final TMNT run goes out with a retro crossover

Playmates Toys is marking its 60th anniversary even as its long run with the Teenage Mutant Ninja Turtles draws to a close. The company, which financed the first season of the original 1987 cartoon and has been part of every major iteration since, lost the TMNT license after nearly 40