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Business

Latest Business news from around the world

Robinhood's cofounder says he's buying a Ferrari Luce as a 'baby-mobile'
Business

Robinhood's cofounder says he's buying a Ferrari Luce as a 'baby-mobile'

During a stop on the TBPN podcast, Baiju Bhatt, a noted gearhead, said he's going to buy the Ferrari Luce. He's planning on giving it to his wife.

Ben Shimkus · 08 Jul, 2026
Mark Cuban explains why he thinks AI labs can't immediately replace Lovable and Replit
Business

Mark Cuban explains why he thinks AI labs can't immediately replace Lovable and Replit

The "Shark Tank" and Lovable investor said that AI coding companies offer add-on services that could prevent them from being replaced by AI labs.

Shubhangi Goel · 08 Jul, 2026
The number of young Americans living with their parents is at a record high
Business

The number of young Americans living with their parents is at a record high

A record share of young Americans live with their parents. But millennials' path from basements to homeownership may offer some hope for Gen Z.

James Rodriguez · 08 Jul, 2026
It's time to revise Jeff Bezos' famous '2-pizza rule' for the AI era, Cursor field CTO says
Business

It's time to revise Jeff Bezos' famous '2-pizza rule' for the AI era, Cursor field CTO says

"He was right about small teams," Cursor field CTO David Pan wrote. "But in the AI era, two pizzas is too much pizza."

Henry Chandonnet · 08 Jul, 2026
A Ukrainian drone unit used a 'special munition' to go on a strike blitz, hitting 230 Russian artillery guns in 2 days
Business

A Ukrainian drone unit used a 'special munition' to go on a strike blitz, hitting 230 Russian artillery guns in 2 days

The Lasar Group said its engineers had developed a drone warhead "specifically to destroy howitzers by targeting their gun barrels."

Matthew Loh · 08 Jul, 2026
A K-pop idol breaks down the math behind why your favorite star might be broke
Business

A K-pop idol breaks down the math behind why your favorite star might be broke

The Momoland singer broke down how much idols like her earn per event.

Cheryl Teh · 08 Jul, 2026
A Boeing 737 plane has disappeared off the coast of Pakistan
Business

A Boeing 737 plane has disappeared off the coast of Pakistan

The K2 Airways cargo plane from Pakistan, carrying five crew members, was recorded rapidly descending before losing contact.

Aditi Bharade · 08 Jul, 2026
See the $6 million Lockheed-funded helipad the White House is getting to protect its lawn from Marine One
Business

See the $6 million Lockheed-funded helipad the White House is getting to protect its lawn from Marine One

President Donald Trump said the granite helipad will prevent the new fleet of Sikorsky Marine One helicopters from damaging the South Lawn.

Lloyd Lee · 08 Jul, 2026
Perplexity is quietly building an AI coding tool to take on Cursor and Claude Code
Business

Perplexity is quietly building an AI coding tool to take on Cursor and Claude Code

San Francisco-based Perplexity, valued at $20 billion, is working on 'Teammate,' an AI tool that may compete with AI coding giants like Anthropic.

Charles Rollet · 07 Jul, 2026
Here's what Microsoft is offering laid-off employees in severance
Business

Here's what Microsoft is offering laid-off employees in severance

Microsoft plans to lay off 4,800 staff, impacting sales and Xbox divisions. It's offering severance up to 39 weeks for most laid-off US employees.

Ashley Stewart · 07 Jul, 2026
A couple built their home themselves to save money. Their mortgage is less than $900 a month.
Business

A couple built their home themselves to save money. Their mortgage is less than $900 a month.

Maddy and Drew Olson built their home themselves to save money. By keeping their budget at $209,000, they kept their mortgage under $900.

Samantha Grindell Pettyjohn · 07 Jul, 2026
Here are the tech leaders and ultrawealthy descending on rural Idaho as billionaire summer camp begins
Business

Here are the tech leaders and ultrawealthy descending on rural Idaho as billionaire summer camp begins

Billionaires and tech leaders, including David Zaslav and Bob Iger, meet in Sun Valley for the annual Allen & Co conference.

Katherine Li · 07 Jul, 2026