Bob Iger, Joshua Kushner buy Los Angeles Lakers at a $12.5 billion valuation, source says
Venture capital founder Joshua Kushner and former Disney CEO Bob Iger acquire Mark Walter’s stake in Los Angeles Lakers at valuation of more than $12...
Category : Business
Why Jensen Huang’s $500 billion AI financing plan faces a big risk from China
Nvidia CEO Jensen Huang is pitching GPUs as long-term collateral to unlock $500 billion in funding. The question is how fast will his chips depreciate?...
Trump wants to split the MMR vaccine. Experts say that’s unlikely — and comes with consequences
Doctors and other experts say that splitting the measles, mumps and rubella shot has no scientific basis and is unlikely to get off the ground. ...
Baby products company Frida is expanding into kids’ personal care
Baby products company Frida is launching a new category of personal care items for kids, tapping into a growing market and largely untapped space....
Nvidia lines up $500 billion in financing as CEO Jensen Huang tells CNBC his chips are ‘investable asset’
Nvidia CEO Jensen Huang argued that because its hardware is broadly adopted, flexible and transferable, lenders can underwrite compute as revenue-generating....
HHS moves to tighten oversight of food ingredients as safety concerns mount
HHS moves to tighten oversight of food ingredients and define ultra-processed foods as food safety concerns raise questions about FDA visibility....
Boeing sells eVTOL subsidiaries, takes stake in Archer
Boeing is selling three of its subsidiaries to Archer Aviation in exchange for an undisclosed stake in the eVTOL startup....
Cyclospora fears lead consumers to lose their appetite for salads
Traffic to salad chains has fallen as consumers avoid greens due to the ongoing cyclospora outbreaks across the U.S....
Burger King overtakes Wendy’s as the nation’s second-largest burger chain
Burger King is once again the second-largest burger chain in the U.S. by system-wide sales....
Rockstar Energy founder builds Celsius stake, wants to take over as CEO
Rockstar Energy founder Russ Savage told CNBC he now controls 12 million shares of Celsius Holdings, amounting to roughly 4.7% of the energy drink company....