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Business

Latest Business news from around the world

Apple launches new iPhones next month. What's inside the phone is a much bigger deal.
Business

Apple launches new iPhones next month. What's inside the phone is a much bigger deal.

Apple has been promising a new, improved Siri for two years. It's finally coming out next month. Tech columnist Joanna Stern has been trying it.

Peter Kafka · 12 Aug, 2026
I realized climbing the corporate ladder wasn't for me. A sabbatical gave me headspace to pivot, and I never went back.
Business

I realized climbing the corporate ladder wasn't for me. A sabbatical gave me headspace to pivot, and I never went back.

A PwC employee wanted to build something new rather than climb the corporate ladder. A sabbatical helped him combine travel with building a business.

Charissa Cheong · 12 Aug, 2026
PwC's US CEO built an AI assistant called 'PG's Whisperer.' He talks to it all day.
Business

PwC's US CEO built an AI assistant called 'PG's Whisperer.' He talks to it all day.

PwC's US CEO Paul Griggs said he built the same custom AI assistant on two models and keeps them pulled up all day.

Ana Altchek · 12 Aug, 2026
Booking's CEO says AI will have a 'human cost' — and he wants every employee to be 'AI literate' in case their job goes away
Business

Booking's CEO says AI will have a 'human cost' — and he wants every employee to be 'AI literate' in case their job goes away

Glenn Fogel said he told Booking's head of HR that he wants "every single employee" to become "AI literate" and able to use the tools.

Ben Shimkus · 12 Aug, 2026
I was a consultant at BCG who struggled to land a project. Here's how I turned it around.
Business

I was a consultant at BCG who struggled to land a project. Here's how I turned it around.

Jonathan Chan joined Boston Consulting Group in 2011 and immediately found himself on the bench. So he decided to do something about it.

Lakshmi Varanasi · 12 Aug, 2026
Nvidia's next moat is something chip rivals can't copy: its giant pile of money
Business

Nvidia's next moat is something chip rivals can't copy: its giant pile of money

Nvidia is turning its massive cash pile into a competitive moat, and now it's bringing Wall Street capital into its AI ecosystem.

Geoff Weiss · 12 Aug, 2026
Forget chatbot training. AI's next big data grab is about learning how humans work.
Business

Forget chatbot training. AI's next big data grab is about learning how humans work.

Google's Mechanize talks and Meta's moves reveal the next AI race: training agents to do real jobs, not just answer questions.

Alistair Barr · 12 Aug, 2026
Inflation is expected to cool again in today's July CPI report
Business

Inflation is expected to cool again in today's July CPI report

The BLS releases the July CPI report today at 8:30 a.m. ET. Economists expect inflation to cool to 3.4%, with energy prices being a key area to watch.

Madison Hoff · 12 Aug, 2026
Inside the secretive network fueling the megayacht boom
Business

Inside the secretive network fueling the megayacht boom

Thanks to a wave of newly minted AI billionaires, a discreet network of off-market brokers who help the rich purchase superyachts is booming.

Jennifer Sor · 12 Aug, 2026
I run the iconic Big Sur restaurant Nepenthe. The Timber Fire is costing us up to $70,000 a day in sales.
Business

I run the iconic Big Sur restaurant Nepenthe. The Timber Fire is costing us up to $70,000 a day in sales.

Kirk Gafill, an owner and manager of Nepenthe, said the early days of a wildfire are like the "fog of war" while trying to get information.

Kelsey Vlamis · 12 Aug, 2026
GLP-1 drugs are fueling the rise of the 'big kids' market, one mega restaurant chain says
Business

GLP-1 drugs are fueling the rise of the 'big kids' market, one mega restaurant chain says

Diners on GLP-1 drugs are increasingly opting for smaller kids meals, said Cava CEO Brett Schulman.

Aditi Bharade · 12 Aug, 2026
OpenAI is quietly testing a pay-to-reset quota feature. Here's what we know.
Business

OpenAI is quietly testing a pay-to-reset quota feature. Here's what we know.

Some ChatGPT Plus users are noticing an unannounced "pay $8 to reset" option when they max out their weekly quota.

Shubhangi Goel,Katherine Li · 12 Aug, 2026