Gregory Schmidt
Posts
AI Needs an International Watchdog, OpenAI Leaders Say
To manage its risks, “superintelligent” artificial intelligence should be governed by a body similar to the International Atomic Energy Agency, the lab’s leadership said in...
Housing Market Gridlock: Buyers Are Eager, but Sellers Are Scarce
Homeowners with low-rate mortgages are delaying the decision to sell until market conditions change.
Magic: The Gathering Generates $1 Billion in Sales for First Time
The fantasy card game has surpassed the sales of the 100-year-old company’s other brands, including Transformers and G.I. Joe, but some are worried about the...
Falling Mortgage Rates Bring Some Home Buyers Back to Market
Buyers are returning after being sidelined by a jump in borrowing costs, but experts say that the uncertain state of the economy is what will...
Peloton Will Sell Fitness Equipment and Apparel on Amazon
The deal, which will help expand distribution of its stationary bikes, comes in the middle of a turnaround effort by the company’s new chief executive.
WeWork posts a smaller loss as its office occupancy grows.
The provider of flexible work space said its memberships grew 33 percent in the second quarter and its occupancy rate climbed to 72 percent.
Luxury Rental Buildings Take ‘Working From Home’ to the Next Level
Developers are adding professional office spaces to the list of amenities in their mostly new buildings in cities around the country.
Mattel reports a 20 percent jump in sales.
Revenue for the second quarter was $1.2 billion, up from $1 billion in the same quarter last year, the toymaker said.
Amazon to acquire One Medical clinics in latest push into health care.
The $3.9 billion deal is Amazon’s latest acquisition in the health care industry. In 2019 it acquired PillPack, an online pharmacy.
Hasbro Reports Rising Sales Despite Higher Prices
The toymaker was able to raise prices to offset higher costs, but its revenue took a hit overseas because of a strong dollar.