Tulane quarterback Darian Mensah inked an $8 million deal to become Duke's new quarterback. Whatever your opinion of paying college athletes and the rise of the transfer portal system where players ...

JCPenney is merging with a company that owns a number of other once-bankrupt clothing stores, including Forever 21 and Brooks Brothers, to form a new company that will hold significant sway over the ...

Rivian has created its second spinoff company this year: an industrial AI and robotics venture called Mind Robotics. The new effort will be focused around using “industrial AI to reshape how physical ...

Jeff Bezos is one of the world’s richest and most famous tech CEOs, but he hasn’t actually been a CEO of anything since 2021. That’s now changing as he takes on the role of co-CEO of a new AI company, ...

The artificial intelligence company said the nonprofit that controlled the organization would receive a $130 billion stake in the new company. The artificial intelligence company said the nonprofit ...

OpenAI said it would be restructured as a public benefit corporation, and that the nonprofit that controls the organization would receive shares in the new company. By Cade Metz Cade Metz has covered ...

Corteva Agriscience’s new seed spinoff, with large research operations in Johnston, will be called Vylor, the Indianapolis-based company announced Monday, May 4. The company has been referring to the ...

Whitesell is expected to continue with WME, playing a central role in the company as it goes private. By Alex Weprin Senior Editor According to Whitesell’s new employment agreement, which was filed ...

We won’t have SpinCo to kick around any longer. The name of the parent company for the cable networks and other assorted media assets that will be spun off from NBCUniversal and Comcast later this ...