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News
9 Restaurant Chains That Went Bankrupt and Came Back Anyway
9+ hour, 40+ min ago (451+ words) A bankruptcy filing can make a restaurant chain look finished before the story is actually over. Chapter 11 often gives a business room to reorganize while it keeps operating, though liquidation is also possible. These nine chains show how a familiar…...
'This is the test': All eyes on US Fed to tackle high inflation
5+ hour, 50+ min ago (717+ words) The US Federal Reserve goes into a key rate-setting meeting this week with markets expecting policymakers to pull the trigger on a rate hike to tackle persistently high inflation -- and analysts say central bank chief Kevin Warsh's credibility is on…...
Benin bets on turning its cotton crop into clothes at home
3+ hour, 27+ min ago (886+ words) The founder of DAF Collection said that the tag means her country is trying to take full advantage of the abundant raw material produced in Benin. For her, there is also the opportunity to support more women in her community…...
Trump’s $5,000 Promise Carries a $1.23 Trillion Price Tag: Does the Treasury Have the Cash?
1+ day, 5+ hour ago (284+ words) President Donald Trump has promised a $5,000 “dividend” to every adult U.S. citizen if Republicans keep control of both chambers of Congress in November. There’s just a little problem. The U.S. Treasury doesn’t have the money to write this…...
Viamedia.ai Joins Go Addressable, Offering Broadcasters and MVPDs Access to TV Targeting Technology for Previously Excluded Inventory
3+ day, 1+ hour ago (200+ words) Leaders in addressable TV solutions to help educate buyers on the possibilities of precise targeting across cable and broadcast LEXINGTON, Ky., Sept. 10, 2026 (GLOBE NEWSWIRE) -- Viamedia.ai, a next-generation ad tech company focusing on scaling a local-first omni-channel operating system, today…...
Forget NVDA: Peter Thiel's New $419 Million Portfolio Bets Big on the Power Behind AI
1+ day, 6+ hour ago (41+ words) Peter Thiel‘s investment firm, Thiel Macro LLC, disclosed a $418.67 million equity portfolio across eight companies in the second quarter, bypassing semiconductor manufacturers to allocate capital toward electrical grid operators, nuclear developers, tech infrastructure, and conventional energy. Rebuilding Capital in......
Oracle to Spend an Additional $700 Million on More Job Cuts
1+ day, 6+ hour ago (29+ words) Oracle Corp. increased the scale of its planned job cuts while the company grapples with a cash crunch tied to development of large-scale data centers for artificial intelligence work....
Oracle's AI Chips Ran 97.9% Utilized Last Quarter. For Nvidia, That Is What a Shortage Looks Like.
14+ hour, 40+ min ago (697+ words) Most of those chips are Nvidia's. Oracle's cluster design for its biggest AI deployments connects hundreds of thousands of Nvidia GPUs, and its largest planned builds target up to 800,000 of them. So while Nvidia didn't report this week, a company…...
Stubbornly Hot Inflation Raises Pressure on the Fed
1+ day, 6+ hour ago (78+ words) Prices in the U.S. economy kept rising in August, according to government data released Friday, ratcheting up the affordability squeeze on American consumers while raising pressure on the Federal Reserve to increase interest rates at its meeting next week. The consumer…...
Jason Calacanis Warns Chinese EVs Could End US Auto Industry: ‘Consumers Will Love to Buy These Cars’
1+ day, 7+ hour ago (40+ words) Angel investor and All-In Podcast host Jason Calacanis warned that allowing Chinese electric vehicles into the U.S. could devastate domestic automakers even as their low prices attract consumers, reacting to Sen. Elissa Slotkin’s (D-Mich.) claim that President Donald Trump could......