Fintech firm Mercury hits $5.2 billion valuation after funding round, up 49% in 14 months
Immad Akhund, CEO and co-founder of the startup Mercury. Courtesy: Mercury Technologies Mercury, a fintech firm that provides banking services
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Business
Jeff Bezos says there is ‘no truth’ to the ‘buy borrow die’ tax strategy
Amazon executive chairman Jeff Bezos said a controversial tax strategy used by the wealthy to borrow against assets to lower their
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Stellantis CEO Antonio Filosa is about to unveil his plan to turn the company around as the
Stellantis CEO Antonio Filosa speaks during an event in Turin, Italy, Nov. 25, 2025. Daniele Mascolo | Reuters DETROIT —
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More car buyers are shifting to EVs — but the reasons why are nuanced
Customers are continuing to shift to electric vehicles, but industry analysts say the picture is complicated. A rising share of
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Startup backed by American Eagle CEO reaches unicorn status in latest funding round
Radar, a startup backed by American Eagle CEO Jay Schottenstein that helps retailers manage in-store inventory and cut back on
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Lululemon takes battle with Chip Wilson public, calls founder ‘misguided’ and ‘outdated’
Lululemon is showing its teeth. The Vancouver, British Columbia-based athleticwear company is taking its battle with activist founder Chip Wilson
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Meet the pilots flying Spirit Airlines’ yellow jets to the desert
When Spirit Airlines shut down before dawn on May 2, work for pilot Steve Giordano was just beginning. Giordano, managing
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Detroit automakers have cut more than 20,000 U.S. salaried jobs as AI threat looms
The former General Motors headquarters inside the Renaissance Center in Detroit, April 15, 2024. Jeff Kowalsky | Bloomberg | Getty
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Biogen advances Alzheimer’s drug to late-stage trial despite disappointing data
A Biogen facility in Cambridge, Massachusetts. Brian Snyder | Reuters Biogen plans to advance an experimental drug for Alzheimer’s disease
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Marty Makary resigns as FDA commissioner following industry and White House backlash
Food and Drug Administration Commissioner Marty Makary speaks during an announcement at the Department of Health and Human Services on
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