Corporate credit card spending accounts for over $2 trillion in the United States, yet Ramp captures only about 1.5% of that market despite a meteoric rise. Founded in 2019, Ramp blew past conventional fintech growth rates, achieving a billion-dollar valuation in under 18 months and recently soaring to a

Owning up to $6 million–$30 million worth of airline stock while leading the Federal Aviation Administration is a rare and revealing conflict. FAA head Bryan Bedford pledged to divest his shares in Republic Airways within 90 days of confirmation, yet 150 days later he retains them. This isn’t

Autonomous vehicle fleets usually demand massive upfront capital—$200K+ per vehicle plus expensive operating systems. Pony.ai, a leading Chinese robotaxi company, just flipped this script with an “asset-light” partnership strategy. Pony.ai announced plans to partner with taxi operators and ride-hailing platforms to deploy its next-gen low-cost driverless cars.

Light vehicles often seem like a risky downgrade in combat, but in Ukraine, specially designed buggies are becoming frontline multipliers against drone threats. Ukraine’s special operators have relied heavily on these fast, maneuverable buggies since mid-2025 to execute complex missions near Russian lines. This shift toward speed and flexibility,

Insurance firms typically domicile in low-tax offshore hubs like Bermuda to reduce costs. Manulife just completed moving its legal base from Bermuda to Hong Kong, becoming the first insurer to do so under a new regime in late 2025. This move isn’t just about jurisdiction—it’s a strategic

More than 455,000 women left the U.S. workforce in the first eight months of 2025, while 100,000 men entered jobs during the same period. Meta’s former COO Sheryl Sandberg spotlighted this alarming trend, revealing how rigid return-to-office mandates by Amazon, JPMorgan, and others are pushing women

Traditional homebuilding is famously slow and costly, often taking months or years with unpredictable expenses. Cover, a Los Angeles-based prefab homebuilder, is changing that with steel-frame homes built on automotive-style production lines, cutting construction time to 1-2 months. Founded by Alexis Rivas and Jemuel Joseph in 2014, Cover manufactures customizable

Russia’s post-2022 consumer spending boom defied global expectations, fueled by surging defense budgets and a tight labor market. The Central Bank of Russia recently reported a stark pullback, with demand weakening even as unemployment stays low. But this isn’t just a typical slowdown—it's the collapse

A 723% share price surge in Beijing-based GPU maker Moore Threads Technology caught markets by surprise. The recently listed company warned on the Shanghai Stock Exchange that such rapid gains carry sharp downside risks. But this isn’t just a classic bubble story—it's a signal about misplaced

Singapore is accelerating its integration of autonomous vehicles (AVs), with a public rollout slated for 2026. ComfortDelGro, a dominant transit player, plans to launch driverless shuttles via its Zig ride-hailing app next year. But this move goes beyond convenience—it leverages localized AI refinement from real-world trials to scale intelligent

Chinese AI start-up MiniMax derives 70% of its revenue outside China, a stark contrast to peers focusing mainly on domestic markets. The Shanghai-based company plans a Hong Kong IPO to tap the city’s global investor base and capital depth, a move that goes beyond ordinary fundraising. This strategy leverages

Hong Kong stocks rose despite mainland losses, with the Hang Seng Index gaining 1% amid Beijing’s pledge to strengthen its domestic market. On Friday, traders priced in additional growth measures after the central economic work conference promised buffers against external headwinds. But this move isn’t merely about short-term

The global luxury hotel market is facing consolidation as debt pressures mount, yet Chow Tai Fook Enterprises (CTFE) boldly retains its Rosewood brand. Hong Kong-based CTFE, parent of debt-burdened New World Development, has no plans to sell this prized asset despite market rumors. This choice reveals a strategic restraint rooted

In 2025, more than 1,000 AI bills flooded legislative chambers across all 50 states, creating a regulatory maze for innovators. President Donald Trump signed an executive order to halt this patchwork by centralizing AI oversight under a federal framework. This move isn’t merely bureaucratic—it tackles the hidden

The global AI market, valued near US$6 trillion, is often pinned on well-known Asian hardware giants. But Bank of America Securities reveals a sharp shift: real growth emerges in mid-cap “battleground” sectors, not the established titans. In its report on over 330 Asian stocks spanning 22 AI subsectors, BofA

OpenAI’s $1 billion deal with Disney, the debut of GPT-5.2, and Oracle’s stock tumble illustrate a shifting AI landscape where enterprises blend caution and acceleration. At this year’s Fortune Brainstorm AI in San Francisco, leaders like Exelon CEO Calvin Butler and Telstra’s Dayle Stevens revealed

Costco’s US warehouses posted a 5.9% comparable sales increase, driven by a 2.6% jump in foot traffic and a 3.2% rise in transaction size this quarter. The wholesale giant reported nearly $66 billion in net sales, up 8.2% year-over-year, with memberships surpassing 146 million globally.

Lululemon operates in a retail space where CEO transitions typically mean steady leadership resets. Calvin McDonald is stepping down as Lululemon's CEO and from its board by January 2026, with a transitional advisory role through March 2026. But this change isn’t just about a leadership shuffle—it&

Videos of humanoid robots doing backflips or running capture global attention, but these feats mask a deeper issue. At the Fortune Brainstorm AI conference in San Francisco, experts from Sequoia Capital and the robotics startup Skild AI explained why robots still struggle with simple human actions like climbing stairs or

Licensing 200 iconic characters from Disney to OpenAI for $1 billion signals more than a media partnership—it reshapes creative production economics. Announced by Disney CEO Bob Iger and OpenAI CEO Sam Altman in December 2025, the deal integrates Disney’s IP into OpenAI's Sora platform and plans

OpenAI just launched GPT-5.2, a model that outperforms Google’s Gemini 3 Pro and Anthropic’s Claude Opus 4.5 on complex tasks, scoring 70.9% on the GDPval benchmark versus 53.3% and 59.6% respectively. This release arrives amid a “code red” internal push to focus resources

OpenAI claims GPT-5.2 outperforms industry professionals across 44 occupations at over 11x speed and less than 1% of the cost. The December 2025 release cements OpenAI as the frontrunner in applying AI to complex professional knowledge work. But this leap isn’t just better AI—it’s a redesign

Air travel frustration in the US isn’t just about prices—over 68% of passengers prioritize lower fares, not mini-gyms or play areas, according to a 2025 Ipsos poll for Airlines for America. This December, Transportation Secretary Sean Duffy and Health Secretary Robert F. Kennedy Jr. staged a pull-up contest

Spending $12 billion on AI data centers in one quarter is more than just expansion — it’s a high-stakes repositioning in cloud economics. Oracle reported this massive outlay alongside only a 34% increase in cloud sales to $7.98 billion, missing analyst estimates and triggering an 11% stock drop. But