AI startup Glean lures Citigroup as investor at $2.2 billion valuation after revenue quadruples
Glean is taking on Microsoft with software that can search through internal data and provide corporate users with quick answers to questions
Bank CEO shrugs off U.S. war on ‘woke’ capital, says ESG investing is good for business
“I do want to wake up one day and have a planet so if that makes me woke, shoot me,” says Standard Chartered chief executive Bill Winters.
FAA closes Starship investigation as SpaceX seeks license for next launch
The Federal Aviation Administration on Monday announced the close of its investigation alongside SpaceX into the second Starship flight.
Biden says he hopes to see a cease-fire by next week in the Israel-Hamas war
“My hope is by next Monday we will have a cease-fire,” Biden said in response to a reporter’s question while he was in New York City.
Unity shares sink on weak guidance
Unity shares sink more than 15% after missing first-quarter forecast.
Zoom shares jump as quarterly results beat on top and bottom lines
Zoom’s growth has moderated dramatically since the pandemic, and the company is projecting a revenue increase of less than 2% for the current fiscal year.
Prison inmate led scheme swindling U.S. out of $550 million in Covid tax credits, feds say
Kristopher Thomas also is accused of overseeing a drug trafficking operation from his California prison that shipped methamphetamine and fentanyl.
Manhattan DA seeks gag order on Trump ahead of hush money trial
Donald Trump is charged in the criminal case with falsifying business records related to a hush money payment to porn star Stormy Daniels.
Jamie Dimon is ‘cautious about everything’ as he sees risks to a soft landing
Dimon thinks there’s a better-than-even chance that the U.S. is heading for a recession, though he doesn’t see systemic issues looming.
Personal pilot for billionaire Joe Lewis pleads guilty to insider trading scheme
Billionaire investor Joe Lewis earlier pleaded guilty to securities fraud charges in the same insider trading scheme with his pilot.
