OpenAI to seek capital as a public benefit corporation in the vein of Patagonia
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Global corporate borrowing climbs to record $8tn in 2024
Companies take advantage of huge investor demand to pull forward bond issuance originally planned for next yearFinancial Times - 13h -
OpenAI says it needs 'more capital than we’d imagined' as it lays out for-profit plan
OpenAI said in a blog post Friday that heading into 2025, "we have to become an enduring company," which requires changing its structure.CNBC - 17h -
Wealth of US private capital chiefs boosted by $56bn
Inclusion in S&P 500 index and growth in operations drove share prices at Blackstone, KKR and Apollo to record highsFinancial Times - 22h -
Patagonia Just Gave Its Employees a Huge Gift and Taught a Lesson for Everyone
The retailer is closing its stores and offices for the final week of the year.Inc. - 1d -
OpenAI Details Plans for Becoming a For-Profit Company
OpenAI said it will be restructured as a public benefit corporation, and the nonprofit that controls the organization would receive shares in the new company.The New York Times - 17h -
Fluoride in the water: An added benefit, not a harmful one
Water fluoridation is one of the 10 greatest public health achievements of the 20th century, as it helps to prevent tooth decay and reduce cavities, and is endorsed by the World Health Organization ...The Hill - 1d -
Qatar Airways and Marriot partner for these loyalty member benefits
Yahoo News - 1d -
FinCEN Extends the Corporate Transparency Act Deadline After Appeals Court Ruling
Businesses are back on the hook for submitting beneficial ownership reports in January, but there’s a new extension to give companies some leeway.Inc. - 3d -
Here's what to know about the Corporate Transparency Act ruling
The Corporate Transparency Act, or CTA, requires businesses to register with FINCEN, or face fines. Here's what to know.CBS News - 4d
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