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Tariffs would be ‘catastrophic’ for sales of tequila and mezcal, industry group says

The U.S. spirits industry maintained its market share leadership over beer and wine for a third straight year in 2024, even as…
Investing

With Trump all-in on crypto, bitcoin bulls bet America’s corporate balance sheets are next

Last week, White House crypto czar David Sacks held his first press conference to discuss the future of crypto policy coming out…
Investing

Prebiotic soda brand Olipop valued at $1.85 billion in latest funding round

Prebiotic soda brand Olipop said Wednesday that it was valued at $1.85 billion in its latest funding round, which raised $50 million…
Investing

Google says U.S. is facing a power capacity crisis in AI race against China

The U.S. is facing a power capacity crisis as the tech sector races against China to achieve dominance in artificial intelligence, an…
Investing

AI-powered sports media company raises $13 million, led by Alexis Ohanian and Giannis Antetokounmpo

ScorePlay, an artificial intelligence service for sports clips, has raised $13 million in series A funding, the company announced Tuesday. The sports…
Investing

Google says U.S. faces a power capacity crisis in AI race against China

The U.S. is facing a power capacity crisis as the tech sector races against China to achieve dominance in artificial intelligence, an…
Investing

Elon Musk and investors offering $97.4 billion for control of OpenAI, WSJ reports

Elon Musk is leading a group of investors in offering to buy control of OpenAI for $97.4 billion, The Wall Street Journal reported on…
Investing

GameStop, MicroStrategy shares rise after Ryan Cohen posts photo with Michael Saylor

Shares of GameStop and MicroStrategy were on the rise Monday after Ryan Cohen, CEO of the video game retailer, posted a photo with Michael Saylor, co-founder…
Investing

McDonald’s revenue disappoints as U.S. sales see worst drop since pandemic

McDonald’s on Monday reported disappointing quarterly revenue, dragged down by weaker-than-expected sales at its U.S. restaurants following an E. coli outbreak just weeks into the…
Investing

McDonald’s revenue disappoints, as U.S. sales see worst drop since pandemic

McDonald’s on Monday reported disappointing quarterly revenue, dragged down by weaker-than-expected sales at its U.S. restaurants following an E. coli outbreak just weeks into the…
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