Markets
Harvard University’s investment arm disclosed a $2.2 billion stake in SpaceX, revealing a massive payoff from an early investment in Elon Musk’s rocket company following its blockbuster public debut. Harvard Management Company reported the position in a regulatory filing Friday, making SpaceX the largest individual stock holding disclosed in its…
We went behind the scenes to see how Ferrero, an Italian company is building a confectionery empire in the US, from spending billions on buying iconic American brands, to investing in new factories and an R&D lab, and even creating a new Nutella flavor specifically for Americans. Read the full…
Selena Gomez set out to create “the world’s first mental fitness ecosystem.” Instead, the startup is becoming her own personal headache.A federal lawsuit filed Thursday offers a detailed account of what investors say went wrong at Wondermind — from an app that was never built to major corporate partnerships they…
Claude agents are killing rival agents, gaming the system to hide their tracks, and expressing moral concerns.That’s according to Anthropic’s latest risk report, a summary of the dangers posed by the products the company is building and releasing to the public.In the report, Anthropic said it has upgraded its “misalignment…
Chili’s is hot.The restaurant chain continues to reap the rewards of its turnaround: Same-store sales grew 6% during the company’s fourth quarter, parent company Brinker International reported on Wednesday. That marks the 21st consecutive quarter that Chili’s reported same-store sales growth, Brinker CEO Kevin Hochman said during the company’s earnings…
Dr. Ezekiel Emanuel wants you to stop obsessing over your health data and enjoy a treat from time to time. I experienced this firsthand when I met him for ice cream on a sunny Thursday afternoon in June to discuss his latest book on healthy living.A specialty ice cream shop…
The sauce is so creamy and smooth without being heavy and overwhelming. Slowly roasting the tomato sauce in the oven added depth and complexity to the vodka sauce, which I actually loved even more than my favorite from Jon & Vinny’s. My only wish was that I had made some…
My husband looked at the towels spread across our back porch. “Why paper making?”My 13-year-old didn’t even hesitate. “Paper is so cheap,” he said.I had spent nearly two hours on my knees on the hot concrete, scooping watery paper pulp into a frame, sponging out the excess water, and laying…
One of the oldest rules in tech pay still looks like one of the smartest.Levels.fyi, a company that tracks compensation across the industry, recently analyzed what would have happened to the same senior Microsoft software engineer pay package in two scenarios.In one, the employee sold their stock as it vested…
As a kid growing up in West Virginia, living in Florida felt like a sunshine-filled dream. So when I finally secured a job down here after graduating from college in 2017, I was ready to move.Over the years, I’ve lived in various neighborhoods throughout Miami-Dade County. I spent a few…
