OpenAI’s Acquisition of Jony Ive’s io: Implications and Vision
OpenAI is acquiring Jony Ive’s device startup, a young company called io, in an all-stock deal valued at roughly $6.5 billion, marking OpenAI’s largest-ever acquisition.The...
Blackstone Makes $11.5 Billion Bet on the Southwest Power Grid
Blackstone Infrastructure has agreed to take TXNM Energy private for $61.25 a share in cash, valuing the New Mexico- and Texas-based utility at roughly...
Saudi Arabia Strikes Massive Deals With NVIDIA and AWS in AI
Saudi Arabia is pouring oil revenues into artificial intelligence, striking headline deals with NVIDIA and Amazon Web Services that together exceed $10 billion and...
First Easing of The 2025 US-China Trade War
After a long weekend of marathon talks in Geneva, US Treasury Secretary Scott Bessent and US Trade Representative Jamieson Greer stood beside China’s vice-premier...
Warren Buffett Plans to Retire This Year
Warren Buffett, one of the worlds most successful investors and also among the ten richest people in the world, says he plans to retire...
Semiconductors and Pharma Face Pressure: Trump’s Latest Tariff Focus
President Trump’s latest round of tariff announcements have shaken markets again. First, he paused duties on certain consumer electronics.
Now he’s shifting his focus...
US Pulls Back Tariffs on Phones, Laptops, and Other Electronics
Relief for tech giants. But the story isn’t over.
The Trump administration has exempted smartphones, computers, and a range of other electronics from its harshest...
Wall Street Rallies But Markets Are Still Shaking
It's the end of what can only be called an incredibly tumultuous week for markets (not just in the US, but worldwide).
The S&P 500...
US Consumer Sentiment Sinks to Near Record Low
Consumer confidence in the United States has dropped sharply, again.
The University of Michigan’s preliminary April reading places the Index of Consumer Sentiment at...
ChatGPT Can Now Remember All Your Past Chats
OpenAI has just introduced a long-awaited upgrade to ChatGPT’s memory. As of now, the LLM can reference all your past chats.
Previously, you could tell...
US Inflation Cooled in March, but Will It Last?
US inflation cooled in March, offering consumers brief relief as gasoline and used vehicle prices fell. However, that current trend may reverse as steep...
Anthropic Takes on ChatGPT with $200 “Claude Max” Plan
Anthropic has unveiled a premium subscription tier for its Claude chatbot, taking a bigger swing at OpenAI with pricing that reaches as high as...
Trump Freezes Global Tariffs – Except China, Which Faces 125% Hit
In a move that caught even his own trade team off guard, President Donald Trump has announced a 90-day pause on higher tariffs for...
Market Business News provides well-researched articles on business innovations, research, and key developments across industries. Our focus is on delivering reliable, engaging content with a business perspective, helping readers understand global and industry-specific trends.
The website also features a very comprehensive financial glossary with thousands of terms and their meanings.