Latest in Travelers expects $1.7 billion insured loss from the California wildfires. Analysts still expect a profit.
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This HR Company Valued at $12 Billion Just Announced Plans to IPO. Here’s Why Other Companies Are Watching Closely
Human Resources startup Deel recently hit an annual revenue run rate of $800 million.Inc. - 3d -
‘It’s a gut punch’: how the California wildfires affected film and TV workers
Nearly 8,000 below-the-line Hollywood workers were in evacuation areas with over 300 losing their homes, a further blow to an industry already struggling. When Sandra French returned to her beloved ...The Guardian - 3d -
Rangers Have No Excuses Following Unacceptable Loss To Penguins
Here are some takeaways from the Rangers' loss to the Penguins.Yahoo Sports - 4d -
The Suns' Big 3 is still together after the trade deadline, so the search for success continues
Kevin Durant, Devin Booker and Bradley Beal are still members of the Phoenix Suns after a tumultuous trade deadlineABC News - 4d -
A.I. Military Start-Up Anduril Close to Deal That Would Value It at $28 Billion
The Southern California start-up, which builds flying drones and missiles, is set to raise up to $2.5 billion.The New York Times - 4d -
Democrats demand probe into Musk's alleged 'conflicts' over billions in fed contracts
House Judiciary Democrats sent a terse letter Friday to Attorney General Pam Bondi, expressing concerns that Elon Musk’s role at DOGE creates "conflicts of interest."ABC News - 4d -
Blind 10-year-old says losing California home to wildfires was an "emotional rollercoaster"
Tens of thousands of Los Angeles residents have been displaced after losing their homes to wildfires. Among them are 10-year-old Grayson Roberts and his mother Terica Roberts who lost their ...CBS News - 4d -
Radio host David Brancaccio reflects on losing his home in California wildfire
Southern Californians are working to recover from the devastating January wildfires. David Brancaccio, host of the economics news show "Marketplace Morning Report," was one of the thousands who ...CBS News - 4d -
Beauty stocks post major losses after a week of worrying results
Several beauty stocks tanked this week, as companies such as E.l.f. Beauty and Estee Lauder reported disappointing earnings and cut guidance.CNBC - 4d -
Anduril in talks to raise money at $28 billion valuation as defense-tech booms
Anduril has signed a term sheet to raise up to $2.5 billion at a valuation of $28 billion, according to sources close to the company.CNBC - 4d -
Profitable cement company Titan America touts Florida, Mid-Atlantic reach in IPO
Titan America’s IPO raises $384 million by pricing toward the low end of its range.MarketWatch - 4d -
Even at $8 million per Super Bowl commercial, ad executives say it's still bang for your buck
Some advertisers are shelling out up to $8 million for a 30-second spot on this year's Super Bowl. Industry experts say the high price tag is still worth it.CNBC - 4d -
OpenAI Close to Deal that Values Company at $300 Billion
The Japanese conglomerate SoftBank would invest up to $40 billion in the maker of the chatbot ChatGPT.The New York Times - 4d -
Chappell Roan was one of the 25 million uninsured Americans — here’s why health coverage is still out of reach for some artists
Chappell Roan used her Grammy acceptance speech to call out record labels for not providing better protections for artists struggling to afford health care.CNBC - 4d -
They still want 'one big, beautiful bill.' They're nowhere close.
GOP leaders are trying to lasso various factions as the Senate races ahead with its own plan for President Donald Trump's tax cuts and other priorities.Politico - 4d -
Bill Ackman reveals he's been building a more than $2 billion stake in Uber
The hedge fund manager said his fund began buying Uber shares in early January and has amassed 30.3 million shares, worth $2.3 billion.CNBC - 4d -
Minneapolis Fed's Kashkari expects lower interest rates later this year
In a CNBC interview, the central bank official expressed confidence that inflation will continue to drift down to the Fed's 2% target.CNBC - 4d -
Steve Jobs Showed 5 Leadership Habits That Still Separate Good Leaders From Bad Bosses Today
Jobs’s lessons continue to challenge and elevate great leaders.Inc. - 4d -
Ecuador’s Leader Has Had a Year of Chaos. He Is Still Favored to Win Sunday’s Election.
President Daniel Noboa is favored to win Sunday’s presidential election as many voters embrace his heavy-handed tactics to fight violence and corruption.The New York Times - 4d -
LinkedIn Made $2 Billion in Subscriptions Last Year. How’s Hiring Going for You?
Something smells fishy.Inc. - 4d -
Amazon Reports 88% Rise in Profits but Says Growth Could Slow
The company’s cloud computing business showed strong growth, while a forecast for the current quarter disappointed investors.The New York Times - 5d -
EV Sales Climb in Spite of Automaker Losses and Trump-Related Uncertainty
Ford’s EV unit lost billions of dollars, but at the same time, EV sales as a whole were up in the U.S. in 2024 compared to the year before.Inc. - 5d -
Airline Pilots in the DC Plane Crash Acted as Expected, Experts Say
The pilots of the American Airlines regional jet in the Washington airport collision acted as expected, aviation safety experts and other pilots said.The New York Times - 5d -
Southern California Edison Found Irregularities on Equipment Where Eaton Fire Broke Out
Southern California Edison said video evidence had led it to look more broadly at whether its equipment might have been the cause of the deadly blaze.The New York Times - 5d -
Black Entrepreneurship Has Grown 22 Percent. It’s Still Not Enough
Shark Tank’s Daymond John cites several reasons why the numbers still don’t reflect population baselines.Inc. - 5d -
Nick Cave, R.E.M., Devo among artists releasing music for wildfire benefit
The three are among a long list of artists releasing music on two Bandcamp exclusive albums, with all proceeds going toward wildfire reliefLos Angeles Times - 5d -
'It got a little messy': Stephen Stills and Graham Nash on CSNY's early days
A new live album documents the first tour by Crosby, Stills, Nash & Young. 'We were a brand-new band just learning to play,' says Stephen Stills.Los Angeles Times - 5d