AI brings ‘no financial gain’ to most companies, says Apollo economist
AI has not benefited the bottom line of any major company outside of the tech sector, according to a recently published memo by the chief economist of Apollo Global Management (the private equity giant that owned TechCrunch). Apollo’s Torsten Slok…
‘The world’s super company’: Wall Street weighs SpaceX profits and the company’s likely tie-up with Tesla
Elon Musk’s vision for SpaceX (SPCX) has Wall Street valuing a potential giant like nothing we’ve seen before. Add to that a possible tie-up with Musk’s electric vehicle giant Tesla (TSLA), and investors could be looking at a monster…
Airbnb CEO Brian Chesky Warns Two Types of People Won’t Survive in the Age of AI
Tech executives have spent recent years warning workers that AI will threaten every job, from computer programming and customer service to law and finance. But according to Brian Chesky, CEO of Airbnb, the biggest risk for professionals is not the…
Is there enough capital to finance everyone’s ambitious spending plans?
Investing.com — Meta said last week that recent capital raises from companies including Alphabet and SpaceX, as well as expected fundraising from Anthropic and OpenAI, have created an “increasingly challenging fundraising environment,”…
Why aviation’s strangest giant four-engine passenger plane is disappearing from the sky
For most of its three decades in flight, the Airbus A340-600 was considered a commercial failure – an unprofitable plane that was improved by competitors soon after its launch. Its four engines were thirsty, its record length required special runway…
27 things people stopped buying in 2026 because life is too expensive now – BuzzFeed
27 things people stopped buying in 2026 because life is way too expensive now BuzzFeed Is everything expensive? The New York Times 9 Normal Things That Were Cheap Just 10 Years Ago But Now Feel Like a Financial Investment YourTango Gn bussni
Home sellers not only lower their price but also help the buyer close a deal.
LOS ANGELES — Not long ago, an American homeowner could reasonably bet that they could sell their home relatively quickly and for more than the asking price. This is unlikely to be a winning bet now. Across the country, a stagnant real estate market…
Marriage: Herman – Piekarski
Photos: Mendel Uzan/COLlive The marriage of Zevi Herman from Pittsburgh, Pennsylvania and Sarah Piekarski of Aventura, Florida, was held at Oholei Torah Hall in Crown Heights. Pictures Gn bussni
I leased a Kia EV6 for $137 a month and still upgraded to electric after the incentives disappeared
Michael Frank/Jalopnik In 2024, long before the Trump White House eliminated the $7,500 tax credit for electric vehicles, my wife and I scored an incredibly good deal on a lease. We put down about $4,000 and leased a Kia EV6 for an incredible $137 per…
Earnings playbook: Alphabet, Microsoft and Amazon profits this week
Earnings season is in full swing and other tech giants are expected to report results in the new week, as investors look for clues about how companies are financing the artificial intelligence boom. About 160 S&P 500 companies will report quarterly…