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By the 1980s, McDonald’s had already become a well-established fast-food chain with a well-known menu and distinctive branding.Ray Kroc opened the first McDonald’s franchise location in Des Plaines, Illinois, on April 15, 1955. That year, he also founded McDonald’s System, Inc., which would become the McDonald’s Corporation we know today. By 1958, McDonald’s…
Newly-revealed courtroom exhibits in the blockbuster case between Elon Musk and Sam Altman show how OpenAI nearly ended up with a different name — one intended as a jab at an AI rival. Loading audio narration… Musk and Altman, along with others, founded OpenAI in December 2015 as a nonprofit…
It’s Jerome Powell’s curtain call. Loading audio narration… The Federal Reserve chair’s term is set to end on May 15 after eight years leading the central bank, making this week’s Fed meeting his last in the post. Trump nominee Kevin Warsh is likely to be greenlit by the Senate as…
Every year, Hollywood makes a pilgrimage to Las Vegas for CinemaCon, a theater convention where studios and major distributors show up with flashy star-filled presentations to get exhibition owners excited about upcoming movies.This year, as always, franchises were a major highlight of the convention; footage was shown from Warner Bros.’…
Exactly how “big” is Big Tech’s workforce these days? Loading audio narration… The past several years brought a pandemic-era hiring surge followed by a swift pullback, waves of layoffs, and massive AI investments. Together, these shifts have reshaped the labor force at some of the largest US tech companies. Between…
New York City Mayor Zohran Mamdani has a new warning: Living in the city with kids could cost you at least $150,000 a year. Loading audio narration… The Mayor’s Office of Equity & Racial Justice released its inaugural “NYC True Cost of Living Measure” report Monday. The TCOL figure adapts…
OpenAI is moving into an unexpected industry: media. Loading audio narration… The San Francisco AI giant just bought TBPN, a tech talk show that’s gone viral among Silicon Valley insiders, it announced Thursday. Financial terms were not disclosed.Jordi Hays and John Coogan host the two-man talk show, which streams for…
For the first time in 54 years, American astronauts are heading back to the moon.The Artemis II is set to launch on April 1, after years of delays and concerns regarding landing sites and the shrinking moon.Four astronauts will be sent up this time: Victor Glover, Christina Koch, Jeremy Hansen,…
It can get expensive to keep the gas tank filled, pay the bills, and decide what to make for dinner.Those costs and more add up over a year, especially for lower-income Americans. The Bureau of Labor Statistics publishes annual consumer expenditures data, with the most recent estimates capturing spending in…
