Business

Anthropic files confidentially for IPO

Artificial intelligence (AI) giant Anthropic said on Monday it had confidentially filed for its U.S. initial public offering, as the AI heavyweight looks to beat archrival OpenAI to the IPO market. The much-awaited IPO comes as Elon Musk’s SpaceX is expected to launch its roadshow on June 4, with the…

5 most explosive claims from Florida’s lawsuit against OpenAI, Sam Altman

This story discusses suicide. If you or someone you know is having thoughts of suicide, please contact the National Suicide Prevention Lifeline at 1-800-273-TALK (8255). Florida Attorney General James Uthmeier on Monday filed a lawsuit against OpenAI and CEO Sam Altman that claims the artificial intelligence (AI) giant’s chatbots were…

Yum Brands in talks to sell Pizza Hut to private equity firm: report

Yum Brands is reportedly in exclusive talks to sell Pizza Hut to private-equity firm LongRange Capital, according to a report citing a source familiar with the matter. The potential transaction would mark a significant shift for one of America’s most recognizable pizza chains and underscores growing consolidation across the restaurant…

Red Lobster to close Times Square restaurant after more than 20 years

Red Lobster is closing its Times Square restaurant after more than two decades in one of the world’s busiest tourist destinations. The restaurant, located at 5 Times Square, is scheduled to close June 14, ending a high-profile presence the seafood chain has maintained in the heart of Manhattan since 2003.”Times…

Fleeing for their futures, a California exodus unleashes a Florida ‘gold rush’

California’s self-inflicted economic wounds have reached a fever pitch in 2026.  Strapped with record-high gas prices, a staggering $31 billion transit deficit and a radical billionaire wealth tax heading to the ballot this November, the Golden State is witnessing an unprecedented mass migration.It is no longer just a working-class flight;…

Burger King brings back fan favorite for the first time in 15 years

Burger King is bringing back its Crown Nuggets for the first time in 15 years, reviving a nostalgic menu item that fans have repeatedly pushed the fast-food chain to restore. The crown-shaped chicken nuggets will return to Burger King restaurants nationwide starting June 2 and will be available while supplies…

Tax-weary Americans flee blue states for Republican-led southern havens

Americans are voting with their feet, leaving high-tax blue states for lower-cost, Republican-led states and reshaping the nation’s economic and political map, according to new Census Bureau data. As states battle for residents and businesses, low-tax red states are attracting jobs, investment and population growth. Democratic-led states continue relying on…