Just Business

The global video game industry is worth about $350 billion in annual revenue. The luxury goods market collects about the same amount each year. Believe it or not, these two opposites have powered up together many times in the past. Here are some of the biggest gaming-luxury collaborations in this week’s Five For Friday. #5: [...]

The final weeks of ChatGPT’s first year were mired in drama. The face of the technology, OpenAI CEO Sam Altman, was unexpectedly fired by his board and subsequently rehired after hundreds of OpenAI employees threatened to join him at Microsoft. One day before the first anniversary of ChatGPT’s launch, Altman announced his official return as [...]

It’s a bombshell that shocked the worlds of business and sports. Billionaire Mark Cuban is reportedly selling a majority stake in the Dallas Mavericks to Miriam Adelson — casino mogul Sheldon Adelson’s widow.  When news first broke Tuesday, Nov. 28, that Adelson was selling $2 billion in Las Vegas Sands stock to buy a sports [...]

There’s more to the U.S. Marshals Service than what you see from Tommy Lee Jones in “The Fugitive” and the follow-up film, “U.S. Marshals.” Part of what the real agency does is seize millions of dollars worth of goods from criminals and put up the pricey goods on the auction block. Bloomberg Businessweek analyzed the [...]

The nation’s budget is in constant triage. Congress again packed the wound by passing a temporary funding patch to keep the government’s lights on until early next year, but fiscally, the U.S. is still bleeding. The federal deficit grew to $2 trillion in fiscal year 2023, double the prior year’s deficit, according to Congressional Budget [...]

Self-checkout kiosks are commonplace at supermarkets and big-box stores, but some of the nation’s biggest retailers are now rethinking their self-checkout strategy. Walmart is pulling self-checkout lanes from some stores altogether and bringing back more cashiers. So why keep self-checkout around at all? Here are five reasons why self-checkout should be fired in this week’s [...]

President Joe Biden and China’s President Xi Jinping are coming together for a highly anticipated meeting Wednesday, Nov. 15 in San Francisco. It’s their first in a year, and what a year it has been. From a spy balloon to Rep. Nancy Pelosi’s Taiwan visit, many say the relationship between the globe’s two economic powerhouses [...]

Inflation is well off its peak of 9.1%, sitting below 4%. So why doesn’t it feel like we are getting price relief? We crunched the numbers and found out how much prices have really spiked over the past three years in this week’s Five For Friday.  #5: Shelter Shelter is the most basic necessity and [...]

The U.S. continues to see job growth as payroll giant ADP reported that private-sector companies added 113,000 jobs in October. Many of those gains are coming in traditional sectors like hospitality and health services, but what will the future hold? Here are five jobs that will be the most in-demand over the next decade in [...]

People have long called shoplifting a victimless crime. Who gets hurt beyond the big-box retailer? As organized retail crime becomes more prevalent, violent and bolder, claims of it being harmless go out the window. Along with retailers losing tens of billions of dollars a year to organized retail theft, employees have been attacked during “smash [...]