Business

The newly proposed structure keeps the nonprofit in control, though Monday’s blog post didn’t go into detail about what exactly that will look like. The company specified that its current for-profit subsidiary will become a public benefit corporation (PBC), which is how its competitors Anthropic and xAI are set up. …

The response from Shein did not directly dispute the reporting. It outlined the company’s regulatory compliance policies and third-party auditing procedures, at times relying on nearly indecipherable jargon. It stated, for example, that Shein developed a “proprietary material traceability information management system,” to monitor its supply chains. (The letter was …

It used to be that when BMW would refit a factory to build a new car, the only way the automaker could check if the chassis would fit through the production line was to fly a team out and physically push the body through the process, making note of any …

We have been talking to US retailers who don’t sell on ecommerce websites, meaning they have their own stores or are suppliers to Walmart, Target, etc. These companies are also freaking out because many of them have complex supply chains in China and can’t easily move their manufacturing operations to …

At the storefront event, a man waiting outside told me he’d booked an appointment for 11:30, but noted he was an hour early, and wasn’t allowed to come inside yet. He was visiting from Poland, and said his boss had attended the party the night before and was “super hyped” …

According to sources with direct knowledge, Jancso disclosed that AccelerateX had signed a partnership agreement with Palantir in 2024. According to the LinkedIn of someone described as one of AccelerateX’s cofounders, Rachel Yee, the company looks to have received funding from OpenAI’s Converge 2 Accelerator. Another of AccelerateSF’s cofounders, Kay …

As the leaders of World Liberty Financial, a crypto company part-owned by US president Donald Trump and his family, try to drum up business on an international tour, critics have raised the alarm over the collection of alleged conflicts of interest trailing in their wake. On Thursday, Eric Trump appeared …

The formal agenda of the Federal Communications Commission’s open meeting this week seemed well in line with its normal wonky pursuits. There were items on satellite broadband, a licensing framework for the lower 37-gigahertz spectrum, and newly proposed rules that could help block robocalls. In the practiced government kabuki of …

Abhi Ghadge, associate professor of supply chain management at Cranfield University in the UK, says there has been “a general kind of negligence” in terms of climate resilience, though that is beginning to change. Building a detailed understanding of a supply chain can, however, be incredibly difficult, especially for smaller …

Late last year, Bell, Blackwell, and Aguilar decided to dust off the old playbook. They commissioned a legal memo that reiterated the power of the attorney general over the irrevocable status of charitable funds and called up their contacts to form a coalition of what is now over 50 community …