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An AI startup in SF focused on identity verification has set a lofty goal: securing government contracts.Daniel Yanisse, the CEO of Checkr, told Business Insider that the company wants to help the government reduce “fraud and waste” by not only screening new employees but also verifying people’s eligibility for benefits…
David Ellison’s first eight offers to buy all of Warner Bros. Discovery were rejected. Now, the Paramount Skydance CEO is betting that the ninth try’s the charm.Paramount just adjusted its all-cash offer for all of WBD, though it didn’t raise its topline bid from $30 per share. WBD turned down…
Another Detroit automaker is paying a steep price as it pulls back from electric vehicles.Stellantis — the global auto giant behind brands like Jeep, Dodge, Ram, and Chrysler — said Friday that it would take a €22 billion ($26 billion) charge tied to a sweeping reset of its electric-vehicle strategy.It’s…
President Donald Trump is taking America’s biggest bank and its CEO to court.Trump is suing JPMorgan and its CEO, Jamie Dimon, for at least $5 billion over claims of politically motivated debanking on Thursday, making good on his threats from a Truth Social post over the weekend. In a complaint…
Ukraine’s elite “Alpha” unit destroyed or disabled Russian air defense systems that were worth a total of around $4 billion over the past year, the country’s security service said.The Security Service of Ukraine (SBU) said on Monday that its “Alpha” special forces unit conducted long-range strikes on Russian air defense…
President Donald Trump said Thursday that he is instructing “representatives” to buy $200 billion in mortgage bonds, arguing the move would lower interest rates and monthly housing payments.In a Truth Social post, Trump said the directive was possible because Fannie Mae and Freddie Mac have “$200 billion in cash.” He…
