Australian Superannuation Funds Rethink US Bets Amid Dollar Volatility
"Like every other fund, we are questioning our exposure to the U.S. It would be fair to say that we've hit peak exposure and will be reducing over time," said John Pearce, chief investment officer of UniSuper, said.
Contaminated Ready Meals From California Plant Hospitalize 10 With Listeria
A listeria outbreak linked to contaminated ready meals from Fresh & Ready Foods has hospitalized 10 people across California and Nevada.
Amazon Signs Deal With FedEx To Boost Home Delivery Services
Amazon partners with FedEx to handle large package deliveries, following UPS service cuts and job layoffs.
$TRUMP Meme Coin Craze Heats Up As Buyers Shell Out $148 Million For Dinner Prize
Investors spent $148 million on Trump's $TRUMP meme coin for a chance to attend an exclusive dinner with the former president.
Editor's Pick
Starbucks Updates Employee Dress Code To Revive Brand Identity
Starbucks updates employee dress code to spotlight its green apron and boost brand identity starting May 12
Delta, United, Alaska Airlines Rank As North America's Most On-Time Airlines In 2024
Delta Air Lines led North America in punctuality for 2024 with 83.46% on-time arrivals, marking its fourth consecutive year of operational excellence.
Year In Review: The Best Of VCPost 2024
VCPost's 2024 year in review highlights key business and policy stories that shaped global industries, from gas price legislation and corporate strikes to personal business issues.
Investors
Most Read
Regions
Colombia Gives In To US Deportation Flights To Avoid $53.5B Trade War
Colombian President Petro blocked US deportation flights, prompting Trump's tariff threats, but after escalating tensions, Colombia agreed to accept the flights, avoiding a trade war.
China Imposes Retaliatory Tariffs on US Imports, Launches Google Antitrust Probe
China Bans Taiwan’s Fruit and Seafood Imports, Igniting Trade Dispute
China Retaliates Against Canada With Hefty Tariffs On Key Exports
China imposes retaliatory tariffs on Canadian goods in response to Canada's trade restrictions on Chinese products.
Novo Nordisk CEO Faces Investigation After Senate Reveals Ozempic And Wegovy Cost Up To 13 Times More In The US
Novo Nordisk CEO Lars Fruergaard Jørgensen will face a Senate hearing over the high prices of weight loss drugs Wegovy and Ozempic in the US.
Meta Bans Russia State Media Amid Growing Concerns Over Propaganda: Here's How Kremlin Responds
Scotland-England Electric Link to Power 2 Million Homes, Construction Starts 2028
Deals
Funding
China Launches $138B High-Tech Fund to Boost AI, Emerging Industries
China launches a $138 billion fund to boost innovation in AI, quantum technology, and emerging industries over the next 20 years.
AI Startup Writer Debuts New Model Using Synthetic Data to Compete With OpenAI and Anthropic
Writer aims to compete with OpenAI and Anthropic by using a cost-effective approach, spending only $700,000 to develop models and raising $200 million to reach a $1.9 billion valuation.
Godmother of AI' Fe-Fei Li Secures $1B Valuation for New Startup, World Labs
Fei-Fei Li’s AI startup, World Labs, raised $230 million in funding, valuing the company at over $1 billion as it prepares to develop AI models for 3D interaction by 2025.
Nvidia Rival Groq Raises $640 Million in a New Funding Round
Groq was originally looking to raise $300 million at a slightly lower valuation. Groq, an artificial intelligence chipmaking startup, has secured more than $600 million in a recent funding round, the company announced Monday.
People
Protests Against Elon Musk Encourages the Public to Take Part in the 'Tesla Takedown' Movement
Protests erupted over the weekend outside many Tesla showrooms around the world against Elon Musk and his involvement in government.
Former Airline Employee Admits to Secretly Filming Children on Flights
Former flight attendant pleads guilty to secretly filming children on flights, facing up to 20 years in prison for child exploitation.
6 Facts You Probably Didn't Know About OpenAI CEO Sam Altman
Best known as the OpenAI CEO, Sam Altman has been in the headlines as of late due to his feud with SpaceX CEO Elon Musk.
