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Startup backed by Altman, JPMorgan announces capital lending partnership with Amazon

Startup backed by Altman, JPMorgan announces capital lending partnership with Amazon

Business News

Slope, a lending startup that uses artificial intelligence to vet businesses, is partnering with Amazon starting Tuesday to provide a reusable line of credit to Amazon sellers, backed by a JPMorgan Chase credit facility, the company told CNBC exclusively. The new relationship means eligible U.S. Amazon vendors can apply for and access capital directly through […]

Startup backed by Altman, JPMorgan announces capital lending partnership with Amazon Read More »

Frontier Airlines replaces CEO Barry Biffle with carrier’s president

Frontier Airlines replaces CEO Barry Biffle with carrier’s president

Business News

Barry Biffle, president and chief executive officer Frontier Airlines, prior to a Senate Judiciary Subcommittee on Antitrust, Competition Policy, and Consumer Rights hearing in Washington, DC, US, on Tuesday, Sept. 30, 2025. Kent Nishimura | Bloomberg | Getty Images Frontier Group Holdings, the parent of budget carrier Frontier, replaced its nearly decade-long CEO, Barry Biffle,

Frontier Airlines replaces CEO Barry Biffle with carrier’s president Read More »

Ford to record .5 billion in special charges related to EV pullback

Ford to record $19.5 billion in special charges related to EV pullback

Business News

A Ford logo on a Ford F-150 pickup truck for sale in Encinitas, California, U.S. Oct. 20, 2025. Mike Blake | Reuters DETROIT — Ford Motor expects to record about $19.5 billion in special items related to a restructuring of its business priorities and a pullback in its all-electric vehicle investments, the company announced Monday.

Ford to record $19.5 billion in special charges related to EV pullback Read More »

OpenAI poaches Google executive to lead corporate development

OpenAI poaches Google executive to lead corporate development

Finance News

Samuel Boivin | Nurphoto | Getty Images OpenAI has hired Google’s Albert Lee to lead corporate development, a spokesperson for the artificial intelligence startup confirmed to CNBC. Lee previously led corporate development for Google Cloud and Google DeepMind. He worked on several of Google’s high-profile acquisitions, including its $32 billion purchase of the cloud security

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From puppies to superheroes, Chinese AI toys are bringing hugs — and hesitation

From puppies to superheroes, Chinese AI toys are bringing hugs — and hesitation

Technology News

Haivivi Bubblepal, an AI toy. Courtesy: Haivivi It seems everyone is talking about AI these days — even Ultraman.  When asked if investors should be worried about an AI bubble, the new second generation CocoMate AI-powered plush toy by Chinese company Haivivi warned about the dangers of speculation in AI stocks. “The AI market has

From puppies to superheroes, Chinese AI toys are bringing hugs — and hesitation Read More »

‘Stranger Things’ ushered in a new era for Netflix

‘Stranger Things’ ushered in a new era for Netflix

Business News

Noah Schnapp, Caleb McLaughlin, Finn Wolfhard and Gaten Matarazzo star in Season 5 of Netflix’s “Stranger Things.” Courtesy: Netflix The original concept for what would become “Stranger Things” was rejected by more than 15 studios before landing a spot on Netflix’s roster of original programming. A decade later, the show created, written and directed by

‘Stranger Things’ ushered in a new era for Netflix Read More »

Disney’s ‘Zootopia 2’ to hit billion box office, only the second Hollywood film to do so this year

Disney’s ‘Zootopia 2’ to hit $1 billion box office, only the second Hollywood film to do so this year

Business News

Disney’s “Zootopia 2” follows detectives Judy Hopps and Nick Wilde find themselves on the twisting trail of a mysterious reptile who turns the mammal metropolis of Zootopia upside down. Disney The Walt Disney Company tallied its second billion-dollar film of 2025 with the help of a determined bunny and mischievous fox. “Zootopia 2” is set

Disney’s ‘Zootopia 2’ to hit $1 billion box office, only the second Hollywood film to do so this year Read More »

Rivian’s AI, autonomy impress Wall Street, but EV and capital concerns remain

Rivian’s AI, autonomy impress Wall Street, but EV and capital concerns remain

Finance News

Rivian CEO RJ Scaringe at the company’s first “Autonomy and AI Day” on Dec. 11, 2025, in Palo Alto, California. Lora Kolodny | CNBC Rivian Automotive impressed Wall Street on Thursday with its plans for artificial intelligence, automation and an internally developed silicon chip, but significant challenges involving demand and capital remain for the electric

Rivian’s AI, autonomy impress Wall Street, but EV and capital concerns remain Read More »

‘The next protein’: Fiber is shaping up to be the latest grocery obsession

‘The next protein’: Fiber is shaping up to be the latest grocery obsession

Business News

Cases of Pepsi soda are displayed at a Costco Wholesale store on Nov. 13, 2025 in Simi Valley, California. Kevin Carter | Getty Images One of this year’s top food trends is facing some tough competition. Protein captivated consumers and food companies in 2025, but fiber is increasingly stealing the scene as people place an

‘The next protein’: Fiber is shaping up to be the latest grocery obsession Read More »

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