Latest stories, analysis, and insights from the world of business.
Investors have flocked to Y Combinator’s Demo Days for years to discover promising startups. Here's a summary of the top eight startups from the Winter 2026 Demo Day.
Rick Chorney transitioned from cleaning offices for $14 an hour to running a successful AI-driven cleaning business, Echo Janitorial Services, which is projected to bring in $1.3 million this year.
Bank of America will pay $72.5 million to settle a class-action lawsuit claiming it facilitated Jeffrey Epstein's sex trafficking operation. This is the fourth settlement involving major banks linked to Epstein's crimes.
The CERAWeek conference showcased a contrast of celebration and tension amidst geopolitical chaos, as discussions centered on the impact of the Iran war on global energy markets.
Donald Trump's rhetoric significantly influences the oil markets, with traders reacting to his comments amidst ongoing conflicts in the Middle East.
Physical Intelligence, a robotics startup from San Francisco, is in discussions to raise about $1 billion at a valuation exceeding $11 billion.
Asda's executive chairman denies allegations of profiteering amid rising petrol and diesel prices, which have surged following recent geopolitical tensions.
The Nasdaq experienced its worst weekly drop since April 2025, fueled by war concerns and significant declines in tech giants like Meta and Micron.
The UK's competition watchdog is investigating Just Eat, Autotrader, and three other firms over fake and misleading online reviews, focusing on whether they have broken consumer laws.
Meta plans to construct 10 gas-fired power plants to support its AI data center complex in Louisiana, a move that will significantly increase power capacity in the region.
SoftBank has secured a $40 billion loan needed for its investment in OpenAI, indicating a possible IPO announcement soon.
SK hynix is preparing for a potential U.S. IPO, aiming to raise between $10 billion and $14 billion to boost its market position amidst a memory shortage.
President Trump has announced $12 billion in subsidies for farmers, but much of the aid is going to wealthy individuals rather than struggling farmers.
Space solar power startup Aetherflux is in discussions to raise up to $350 million for its Series B round, valuing the company at $2 billion.
Traders are facing a dilemma as oil prices fluctuate drastically due to the ongoing conflict in Iran. The lack of clear outcomes makes predictions difficult.
Traders are speculating a potential Federal Reserve rate hike as inflation pressures mount, with significant increases in oil prices and import costs affecting the outlook.
Rivian has received an additional $1 billion investment from Volkswagen as they advance their joint venture on electric vehicles, specifically the VW ID EVERY1.
Foreign exchange startup XFX has successfully raised $17 million to facilitate the transition for businesses handling cash and stablecoins.
A recent survey reveals that Gen Z professionals are willing to sacrifice salary for better work-life balance while still aspiring for executive roles.
Highlights of recent hires, promotions, and changes within the pharmaceutical industry, including Averna Therapeutics appointing Robert Mabry as chief scientific officer.