OpenAI is a leading player in AI, and has been in talks to sell employee shares to investors at a valuation of $86 billion, a figure that would make the company one of the largest startups in the world.
The new model—designed to work as a rolling security guard—costs $750 more than the consumer version, which launched two years ago.
After being relegated to bit parts for decades, women- and minority-owned investment banks are slowly stepping into larger roles as corporations push their go-to banking partners to team up with diverse firms.
The survey is one of the first broad-based looks at how different work arrangements impact corporate performance.
Lilly’s lepodisiran, given at the highest dose, reduced a heart disease-linked protein to undetectable levels for 48 weeks, according to the study.
Employees at Honda’s Indiana Auto Plant in Greensburg are among those who will qualify for raises.
With more than 80% of S&P 500 firms having reported, fewer than half have beaten revenue estimates for the third quarter—the lowest share since the same period in 2019, according to data compiled by Bloomberg Intelligence.
The U.S. crackdown on airline consolidation faces a new test this week with the trial of a government lawsuit claiming the $3.8 billion takeover of Spirit Airlines Inc. by JetBlue Airways Corp. would reduce competition and boost fares for passengers.
The shift is allowing firms to save on headcount, which lowers costs, and on real estate expenses.
Eli Lilly and Co. will study its blockbuster diabetes drug Mounjaro in combination with an experimental muscle-loss treatment as it searches for ways to help patients maintain muscle while losing weight.
Roche has come under pressure to improve its pipeline with medicines it can commercialize soon as a windfall of revenue from products used in the COVID-19 pandemic comes to an end.
The average employer-sponsored health insurance premium for U.S. families rose 7%, according to an annual KFF survey of more than 2,000 U.S. companies.
The Derby, England-based company is the third-largest manufacturer in the Indianapolis area with about 4,000 local employees.
Recent inflation data underscore how a strong labor market is underpinning consumer demand, which risks keeping price pressures above the Fed’s target.
Citizens Energy Group, which provides utility services to 900,000 people in the Indianapolis area, said Wednesday that it projects monthly natural gas heating bills will decrease during the winter heating season.
A National Federation of Independent Business index of sentiment fell to a four-month low in September.
The report adds to evidence that the U.S. labor market remains resilient even in the face of aggressive Federal Reserve interest-rate increases, though it also comes as various datasets increasingly send conflicting signals.
Walmart Inc. says it’s already seeing an impact on shopping demand from people taking the diabetes drug Ozempic, Wegovy and other appetite-suppressing medications.
New-car sales are up about 15% this year, with pent-up demand fueling sales. The strike has yet to put a crimp in supply or demand for new cars, but industry executives and dealers are growing wary.
It’s the last regulatory hurdle before the Commerce Department hands out more than $100 billion worth of federal aid intended to boost domestic chipmaking while containing China’s technological advancement.
