James Hardie Industries Acquires AZEK Company In A Cash And Stock Deal Worth $8.75 Billion
Australia's James Hardie Industries is acquiring AZEK Company, which is based in the United States, in a deal worth $8.75 billion.
Elon Musk's Tesla Restaurant Remains Empty As Food Suppliers Have Backed Out—But Why?
Elon Musk envisions a futuristic Tesla-themed diner in Los Angeles, but up to this day, no suppliers are willing to supply food. Why?
Trump Transfers Student Loan Portfolio To Small Business Administration—Here's What You Need To Know
Trump transfers the $1.8 trillion student loan portfolio to the SBA, raising concerns over management and borrower impacts.
Disney Stands By HRC Diversity Index As Investors Reject Exit Plan
Disney shareholders rejected a proposal to exit the HRC Diversity Index, reaffirming the company's commitment to workplace inclusion.
Editor's Pick
Elon Musk Success Story: What He Did During His Teen Years That Made Him A Billionaire
Now known as the world's richest man, the success story of Elon Musk started earlier than most; during his teen years.
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
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.
Trump Campaign's Financial Advantage Short-Lived as Democrats Surge with $100M Funds in Just 1 Day
Donald Trump and the RNC gained a financial edge over Democrats by June, but a historic fundraising surge followed Biden's withdrawal and endorsement of Kamala Harris.
People
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.
Meta Fires Around 20 Employees Due to Leaks—Is It Because of Mark Zuckerberg?
Meta has now taken action against around 20 employees suspected to have leaked confidential information from the company.
