ArcaMax

Wall Street traders sent stocks to all-time highs, bonds rose while a rally in oil waned amid speculation about a diplomatic breakthrough in the three-month war that has rattled markets around the world.

Equities ...Read more

Wall Street executives were repeatedly stunned by the cryptocurrency industry’s newfound political dominance in the wake of the 2024 elections.

Now, they’re ramping up their own spending with a strategy resembling the...Read more

European Commission officials are planning to meet with Anthropic PBC to seek more information on the company’s Mythos model and request making the groundbreaking artificial intelligence tool available to the bloc, ...Read more

SPRINGFIELD, Illinois — Illinois lawmakers on Wednesday advanced two long-debated measures to prevent insurance companies from raising auto and homeowners’ insurance rates without more stringent state oversight, and ...Read more

Best Buy’s incoming chief executive said stronger-than-expected financial results are adding momentum as the company seeks to redefine its role in a rapidly evolving retail market.

Beyond its core business as a consumer...Read more

Groupon, the Chicago-based online marketplace, is slashing up to 400 positions — nearly a fourth of its worldwide workforce — in a plan to rebuild as an AI-native company.

Citing projected annualized savings of about ...Read more

Even as authorities lifted all evacuation orders related to last weekend's Orange County chemical leak scare, the company behind the incident faces lawsuits and supply disruptions that could affect its operations and the ...Read more

The cleanup of one of the most notorious collections of graffiti in the country has been postponed again as the proposed buyer of the stalled Oceanwide Plaza development in downtown Los Angeles struggles to reach terms ...Read more

Caesars Entertainment announced Thursday that the company has entered into an agreement to be acquired by Fertitta Entertainment.

In a news release, Caesars said the all-cash transaction is valued at approximately $17.6 ...Read more

For the third year in a row, Washington insurance companies requested a double-digit rate increase for their individual health plans, reviving worries that the cost of coverage is becoming untenable.

Health insurers are ...Read more

Amazon tells its customers they can save by signing up for regular, automatic purchases of certain products. But a new lawsuit alleges Amazon’s Subscribe & Save program is more like Subscribe & Switch.

In a lawsuit ...Read more

Battered by years of mass layoffs, California tech workers were hoping the job market would rebound this year. But things are getting worse.

Now, many are redrawing their career paths.

Artificial intelligence has ...Read more

It's a slash-and-burn job market. So you're good at what you do? Big whoop. So your last quarterly performance review was stellar? Ancient history. So your father is the majority stockholder in the company that employs you...Read more

As Americans confront a surge in prices at the pump, another inflation wave is headed for the grocery store.

A combination of factors including bad weather, tariffs and a dwindling cattle herd are already pushing up ...Read more

Boeing has hit another regulatory milestone in its effort to increase Max production, paving the way to build 47 planes per month this summer, CEO Kelly Ortberg said Wednesday.

Boeing recently completed its “capstone ...Read more

Ferrari’s first-ever fully electric vehicle triggered some fans who said it looks more like an iPhone than an Italian supercar.

The $640,000 Ferrari Luce, which was unveiled on Wednesday, looks like a distant relative ...Read more

I can remember testing my first robot vacuum. It was amazing to watch, and I really thought we were living in the future.

I soon learned it didn’t have much in the way of onboard intelligence and it just ping ponged ...Read more

Pharmaceutical giant Eli Lilly plans to buy a biotechnology company in Bothell for $1.5 billion.

The acquisition of Curevo Vaccine, which develops vaccines for shingles and chickenpox, was announced Tuesday. Curevo and ...Read more

Customers of the doughnut brand Krispy Kreme may be eligible for a $3,500 payout following a 2024 cyberattack that exposed Social Security numbers and bank account details.

After the data breach, Krispy Kreme paid $1.6 ...Read more