Expect ‘deliberately outlandish’ claims from Musk

Sam Altman, chief executive officer of OpenAI Inc., during a media tour of the Stargate AI data center in Abilene, Texas, US, on Tuesday, Sept. 23, 2025. Kyle Grillot | Bloomberg | Getty Images OpenAI sent a letter Thursday to investors and banking partners warning that it expects Elon Musk to make “deliberately outlandish, attention-grabbing…

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Cloudflare buys AI data marketplace Human Native

A logo of CLOUDFLARE sits outside the company’s house on the opening day of the 55th annual meeting of the World Economic Forum (WEF) in Davos, Switzerland, January 20, 2025. Yves Herman | Reuters Cloudflare is acquiring artificial intelligence data marketplace Human Native, the company said Thursday, as it expands its push to develop transactions…

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More students are forgoing four-year college, new reports show

For years, concerns over rising college costs and student loan debt have been driving some high schoolers away from a four-year degree in favor of shorter, less expensive alternatives. Now it’s clear that students are putting more emphasis on career training and post-college employment, as more opt for a two-year degree or even shorter-term credentials.  The overall rate of…

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Saks acquisition of Neiman Marcus led to bankruptcy

For more than a decade, the former executive chairman of Saks Global dreamed of adding Neiman Marcus to his collection of legacy department stores, believing the combined entities would create a luxury powerhouse strong enough to defy changes dragging down the industry. Instead, Richard Baker’s $2.7 billion acquisition of Neiman Marcus in 2024 ultimately plunged…

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Goldman Sachs (GS) Q4 2025 earnings

Goldman Sachs on Thursday topped expectations for fourth-quarter profit as equities trading and asset and wealth management produced nearly $900 million more in revenue than expected. Here’s what the company reported: Earnings: $14.01 per share. That may not compare with the $11.67 LSEG estimate. Revenue: $13.45 billion. That may not compare with the $13.79 billion…

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