Business

[ad_1] The S&P 500 closed out 2023 with a gain of more than 24% and the Dow finished near a record high, as easing inflation, a resilient economy and the prospect of lower interest rates buoyed investors, particularly in the last two months of the year. Stocks closed Friday with modest losses. The S&P 500 slipped 13.52 points, or 0.3%,…

[ad_1] Our take: The American Express Blue Business Cash™ Card offers 2% cash back on all eligible purchases on up to $50,000 per calendar year (then 1%), with no annual fee, making it lucrative for small businesses. However, businesses exceeding the $50,000 spending cap per calendar year will earn a reduced cashback rate of 1% on the remainder, and it…

[ad_1] Two higher-end models of the Apple Watch can go on sale again after a federal court temporarily lifted a sales halt ordered by the International Trade Commission over a patent dispute. The ITC, a federal agency, ordered the halt in October to block Apple from using specific technologies underpinning a blood-oxygen measurement system in its Series 9 and Ultra…

[ad_1] There is renewed attention on the sustainability of semiconductors. Chorus has been building in recent years to improve the sustainability of chip manufacturing and usage. In 2022, COP27 saw the creation of a Semiconductor Climate Consortium with 60 founding members pledging to reduce emissions to 0% by 2050. It is understandable why chips would be a target. They are…

[ad_1] “Mass advertising can help build brands,” longtime Starbucks CEO Howard Schultz once prophesized, “but authenticity is what makes them last.” As corporate cheerleading goes, this is an enduring fable. Authenticity has become a central moral framework in society–the subtle yet pervasive value that animates and adjudicates our media, culture, and politics. Merriam-Webster recently announced that “authentic” was its 2023…

[ad_1] Thanksgiving is the holiday that’s all about cooking. Christmas? That one can be harder to motivate yourself to spend time in the kitchen. You have, after all, likely been in a sprint for the better part of the past month, decking the halls and seeking out the perfect gift. Not even Scrooge could blame you for not having the…

[ad_1] OpenAI is in early discussions to raise a fresh round of funding at a valuation at or above $100 billion, people with knowledge of the matter said, a deal that would cement the ChatGPT maker as one of the world’s most valuable startups. Investors potentially involved in the fundraising round have been included in preliminary discussions, according to the people,…

[ad_1] OpenAI CEO Sam Altman has long dispensed advice to Silicon Valley entrepreneurs, having led the startup accelerator Y Combinator before his current role leading what is arguably the world’s most important artificial-intelligence company. But with his latest round of advice, given in a post on his personal blog on Thursday, it’s hard not to think about the recent turmoil…

[ad_1] Christmas week is always an odd one for the NFL. Games are stretched over more days than usual—and some matchups are exclusive to certain streaming networks. So it’s worth appreciating the sense of normality with tonight’s battle between the New Orleans Saints and Los Angeles Rams on Amazon. Fans won’t have to scramble to watch the game, though they…

[ad_1] On the final episode of this season of Fortune’s Leadership Next podcast, co-hosts Alan Murray and Michal Lev-Ram look back on 2023 and what some of their favorite guests had to say about life as a CEO today. They discussed highlights from conversations with Reid Hoffman, co-founder of LinkedIn and partner at Greylock; Vicki Hollub, CEO of Occidental Petroleum; Ken Frazier, chairman…