A big change is happening in the world of artificial intelligence. Scale AI, a company that helps train AI models, just got a huge investment from Meta. This deal values Scale AI at a whopping $29 billion. But there's more to the story than just money. Meta is putting in about $14. 3 billion to get a nearly half stake in Scale AI. This means Meta will have a big say...
Andrew Witty, a prominent figure in the health industry, stepped away from his role as CEO of UnitedHealth Group in May 2025. This move came after a significant period of leadership. He had been at the helm since 2021. Witty's career is marked by notable achievements and a high net worth, estimated at around $42 million. This wealth is a result of his extensive expe...
The cost of playing Mega Millions has gone up. Now, it's $5 instead of $2. This change started with the latest draws. The goal? To bring in more money and offer bigger jackpots. The odds of winning the jackpot have improved slightly, from 1 in 303 million to 1 in 290 million. This is a small improvement, but it's something. The increase in ticket price means the sta...
Steve Mosko, a well-respected name in the entertainment industry, recently separated from his role as CEO of Village Roadshow Entertainment Group. The departure comes during a challenging period for the company, which has been grappling with financial difficulties since last fall. Village Roadshow, known for its involvement in blockbuster films like "Joker" and "The ...
Kohl's shares took a big hit, dropping over 20%, after the company's sales plummeted and its CEO suddenly left. The department store, based in Wisconsin, reported that sales in existing stores fell by nearly 10% for the third quarter in a row. This is a tough blow, especially coming just before the crucial holiday shopping season. The company's annual forecast also ...
Dollar Tree recently announced that its CEO and chairman, Rick Dreiling, has decided to step down. This news comes just a few months after Dreiling joined the company as executive chairman in March 2022. He cited personal health reasons for his departure, expressing the need to focus on his well-being and family. The discount chain, which also owns Family Dollar, ha...
CVS Health has seen some big changes at the top. On Friday, the company announced that Karen Lynch is stepping down as CEO. She's been replaced by David Joyner, who was the president of CVS Caremark. This move comes after CVS had to warn that its earnings will miss Wall Street's expectations for the third time this year. Shares took a hit, falling nearly 10% in pre-m...