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Feed Items

The Bureau of Labor Statistics (BLS) will not produce an October 2025 Producer Price Index (PPI) news release, according to a revised news release dates page on its website. The agency will instead publish October data with the November 2025 PPI release, which is set to be issued on Jan. 14, 2026, according to the page. “BLS is collecting October reference period data on a delay due to...
IBM said on Monday (Dec. 8) it plans to acquire Confluent for about $11 billion in cash for the real-time data streaming company in one of its largest acquisitions in the recent years. The transaction is expected to close by mid-2026, pending shareholder and regulatory approval. The company said Confluent will continue operating as a standalone business unit inside IBM after the deal closes...
Ulta Beauty reported strong third-quarter results, with digital engagement rising, eCommerce up in the mid-teen range and loyalty membership growing 4% to a new high. AI-driven personalization, social-led discovery and expanded app capabilities contributed to stronger conversion across channels. Early holiday results were positive, supported by consistent traffic and faster fulfillment...
Google has announced new tools it will use to improve the safety of agentic browsing with Chrome. The tools are designed in part to combat “the primary new threat facing all agentic browsers,” indirect prompt injection, Nathan Parker, Chrome security team, said in a Monday (Dec. 8) blog post. Indirect prompt injection, which can appear in malicious sites, in third-party content in...
The increasingly heated fight for Warner Bros. Discovery (WBD) is, on its face, about libraries: HBO’s prestige slate, DC’s franchises and Warner’s studio machine. But the bidding war now featuring Netflix and Paramount is also a referendum on something less visible and arguably more defensible than IP: the consumer-facing algorithms that decide what gets watched, when and how often....
SoftBank Group and Nvidia are reportedly in talks to participate in a more than $1 billion funding round for Skild AI, a maker of foundation models for robots. The round, which has not been finalized and could change, could nearly triple Skild’s valuation from the $4.7 billion it attained earlier this year to around $14 billion, Reuters reported Monday (Dec. 8), citing a term sheet....
Food stores and retail establishments in New York are required to accept cash payments for in-person transactions after a bill was signed into law by the state’s governor. Governor Kathy Hochul signed Senate Bill S4153A into law on Nov. 21 after it was delivered to her office on Nov. 17, according to the website of the New York State Senate. The law will become effective 120 days after...
Finance leaders used to joke that accounts payable (AP) was where innovation went to die. Then, seemingly overnight, AP became one of the most aggressively optimized functions in the enterprise. A generation of fintechs, spanning Ramp, Brex, Bill, Navan, Airbase, and dozens more, have spent the past handful of years pouring machine intelligence into the guts of spend management. The...
America’s federally insured credit unions saw their incomes jump 21% in the third quarter. That’s according to new data released Monday (Dec. 8) by the National Credit Union Administration, which showed total assets in federally insured credit unions (CUs) climbing by $86 billion, or 3.7% to $2.40 trillion. Total loans outstanding increased $72 billion, or 4.4 percent, over the year,...
Serve Robotics’ sidewalk delivery robots are now delivering restaurant orders in Fort Lauderdale, Florida, in collaboration with Uber Eats. The robots join those already in operation in Miami, Los Angeles, Chicago, Dallas-Fort Worth and Atlanta, Serve Robotics said in a Friday (Dec. 5) press release. The company expects to have 2,000 delivery robots operating in the United States by...