Business News: Global Companies, Markets & Economy

Venture capitalist Joshua Kushner looking out a window in a modern New York office

Joshua Kushner’s Thrive Letter Takes a Rare Swing at Silicon Valley’s AI Playbook

Thrive Capital founder Joshua Kushner used his firm’s first-ever investor letter to deliver a pointed rebuke to Silicon Valley’s venture capital establishment,...

Natural gas power plant with cooling towers at dusk, representing energy infrastructure for AI data centers

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Hyperscalers’ Natural Gas Bet Could Backfire If New Price Forecast Holds

Amazon, Google, Meta, and Microsoft have spent the past year locking in natural gas to power their AI data centers, but a...

Exterior of a Kroger supermarket with an empty parking lot, illustrating recent store closures

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Kroger has closed at least 39 stores across 9 banners as part of its 60-store overhaul

Kroger has closed at least 39 stores across nine of its grocery banners since announcing a plan last year to shutter 60...

Food delivery driver holding a smartphone and delivery bag with a settlement check on a table nearby

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Grubhub’s $24M FTC settlement is finally reaching diners and drivers

More than 640,000 Grubhub drivers and customers are set to receive a share of $23.8 million as the Federal Trade Commission (FTC)...

Construction cranes and steel framework at a large industrial infrastructure site at dusk

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Bank of America commits $250 billion to U.S. infrastructure, targeting data centers, energy and semiconductors

Bank of America on Wednesday unveiled a $250 billion initiative to finance a broad expansion of U.S. infrastructure, targeting data centers, semiconductor...

Engineers in a cleanroom working on a large satellite at a European aerospace facility.

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Scaleup Europe Fund Deploys First Capital: €5.7B Initiative Backs Satellite Firm ICEYE

The European Commission’s new €5 billion ($5.7 billion) Scaleup Europe Fund has made its first investment, backing Finnish satellite intelligence company ICEYE...

Joby Aviation eVTOL aircraft on a helipad with a city skyline in the background

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Joby Aviation deepens defense push with $500M Resonant Sciences acquisition

Joby Aviation has agreed to acquire Ohio-based Resonant Sciences for $500 million in cash and stock, according to a regulatory filing posted...

Courtroom scene with laptop showing flight cancellation graph, symbolizing FlightAware's lawsuit against Kalshi

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FlightAware sues Kalshi over unauthorized use of flight data for prediction markets

FlightAware, the real-time flight tracking service, has filed a lawsuit against prediction market platform Kalshi, accusing it of using FlightAware’s data without...

California State Capitol building in Sacramento, with a stack of gold coins and a tax form in the foreground, symbolizing the billionaire tax debate.

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Sergey Brin has now spent $100 million to fight California’s billionaire tax

Google co-founder Sergey Brin has poured another $20 million into Build a Better California, the organization leading the opposition to the state’s...

Cheeseburger, fries and soda on a restaurant table, representing the DoorDash Cheeseburger Index

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Where a $15 burger meal still exists: DoorDash’s Cheeseburger Index reveals the cheapest U.S. cities

The average price of a cheeseburger, fries and a soda now exceeds $15 in most major U.S. cities, according to DoorDash’s 2026...

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