The Business Nearby

Finance

9 articles

Novak Djokovic, the world's top-ranked tennis player, enters the General Atlantic offices on Wall Street, symbolizing a new era for athletes in finance.
Main Street Revival

Novak Djokovic Joins General Atlantic on Wall Street

The world's top-ranked tennis player, Novak Djokovic, has officially joined global investment firm General Atlantic as a global strategic advisor, a move that places a Grand Slam champion directly int

Kendra Baptiste·June 28, 2026
Split image showing Adidas' financial growth against Nike's projected decline during the World Cup.
Business Resources

World Cup's True Winners: Adidas Gains, Nike Declines

Nike sold merchandise quickly, but faces a projected decline in earnings, while Adidas anticipates significant growth.

Simone Ito·June 27, 2026
A FedEx cargo plane flying through a stormy sky, symbolizing the company's strong performance despite global trade and tariff concerns.
New Openings

FedEx quarterly earnings surpass estimates amid tariff worries

FedEx reported adjusted earnings of $6.

Rizza Valencia·June 24, 2026
Business executive stressed by overwhelming AI code and rising dollar signs, symbolizing escalating operational costs and budget threats.
New Openings

AI Bills Surge, Threatening Business Budgets as Unchecked Operating Costs

A simple customer service AI chat that once cost $0.

Rizza Valencia·June 14, 2026
An AI robot contemplating its path between a busy stock exchange and a quiet research lab, symbolizing a startup's IPO decision.
Market Trends

AI Startup Delays IPO Amidst Unfavorable Market Conditions

Approximately 202 companies with a market capitalization over $50 million priced initial public offerings (IPOs) in the United States in 2025, an increase from 150 in 2024, according to Cleary Gottlie

Simone Ito·June 6, 2026
Digital visualization of Uber's AI budget rapidly depleting, symbolizing the financial strain of advanced technology adoption.
New Openings

Uber's 2026 AI budget exhausted in just four months

Just four months into the year, Uber's entire 2026 AI budget was already gone, forcing the ride-sharing giant to cap employee access to its much-hyped AI tools, according to Inc .

Rizza Valencia·June 4, 2026
A cracked and distressed unicorn statue in a desolate landscape, symbolizing the current crisis in unicorn startup valuations and funding.
New Openings

Unicorn Valuations Plummet, Sparking Startup Nightmare

Nearly half of America's 857 unicorn startups haven't raised fresh funding in three years, according to CNBC .

Rizza Valencia·June 4, 2026
Kroger supermarket aisle with a prominent digital price tag showing a reduced price on a product, symbolizing the company's price cut strategy.
Shop Local Guides

Kroger prepares to cut prices on thousands of items

Kroger recently reported a staggering $2.

Rizza Valencia·May 25, 2026
The Zoom logo glowing against a backdrop of a modern city skyline at dusk, representing increased revenue and future growth.
New Openings

Zoom raises full-year revenue forecast to $5.09 billion

Zoom just surprised analysts, raising its full-year revenue outlook to between $5.

Rizza Valencia·May 22, 2026