Business Leaders
SpaceX and Tesla choose Texas for AI chip manufacturing plant that will be world's largest building
SpaceX and Tesla's Terafab in Grimes, Texas, will produce AI chips for Optimus robots, Cybercabs and space-based data centers at massive scale.
New Mexico court orders Meta to pay $567M, overhaul teen protections on Facebook and Instagram
A New Mexico court ordered Meta to pay $567 million and implement sweeping new protections for teens using Facebook and Instagram.
How Nike CEO Elliott Hill is reinvigorating the brand
Nike CEO Elliott Hill discusses the company's turnaround strategy, rebuilding relationships with retailers, and recapturing the brand's authentic sports heritage, on ’The Claman Countdown: Power Players.’
SpaceX rocket stage slams into moon at 5,400 mph
The 8,818-pound Falcon 9 upper stage struck near the Einstein crater at over 5,400 mph, expected to create a 60-foot-wide and 12-foot-deep crater.
McDonald's says US sales slowed after value deal push fell short
CEO Chris Kempczinski says weak promotion of value deals and a pullback in digital deals led to a drop in visits from McDonald's loyal customers.
Apple posts record June quarter as iPhone sales surge; Cook weighs in on AI, China
Tech giant Apple beats fiscal third-quarter earnings estimates with $109.4 billion in revenue as CEO Tim Cook prepares to depart the role in September.
CEO of steel company dies suddenly, just weeks after taking helm
Brian Malloy died "suddenly and unexpectedly" just weeks after becoming CEO of the Philadelphia-based specialty materials manufacturer.
Cracker Barrel to pay for outgoing CEO’s security, $4.6M severance after failed rebrand
Julie Masino will receive $4.63 million in severance plus security costs after stepping down as Cracker Barrel CEO amid the failed rebrand fallout.
Miami’s tallest new tower nears sellout as project sparks massive wealth migration for top executives
Representing Cipriani Residences, Giuseppe Cipriani and developer Camilo Miguel Jr. reveal how international buyers and corporate titans are making Miami's tallest luxury tower home.
Zuckerberg predicts more jobs and entrepreneurship if superintelligence is widely distributed
Mark Zuckerberg pushes back against AI doom rhetoric, writing that distributed superintelligence will create more jobs and make starting businesses easier.