Many small businesses are profitable on paper and insolvent in practice
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Hybrid work has left offices emptier and landlords exposed. We weigh the debate over what happens next to the buildings, the lenders behind them and the city centres built around both.
Rising rents, labour, insurance and shifting foot traffic are squeezing New York small businesses. A clear look at the pressures and the adaptations underway.
BCG estimates AI could free around 40% of banking back-office capacity. Why that means redeployed staff and redesigned work, not simply fewer jobs.
Forecasts suggest spending on AI infrastructure will outstrip the revenue expected to pay for it, raising hard questions for investors, cloud giants and the businesses buying in.
JPMorgan Chase CEO Jamie Dimon says AI will eliminate jobs and should be phased in gradually — with retraining, relocation and income support — warning that abrupt displacement, such as replacing two million truck drivers at once, risks civil unrest.
Manus raised over $500M after Beijing unwound Meta’s $2B acquisition — one of the loudest rounds of China’s AI agent boom, at a reported $4B valuation.
TypeSafe AI has raised $870 million at a $7.5 billion valuation, weeks after launching Jev — a ‘machine-native’ AI model built for software decisions, not chat.
Nintendo says the Switch 2 maker has ‘no plans to ditch physical’ games, breaking ranks as Sony prepares to end PlayStation disc production in January 2028.
Let’s Encrypt will cut certificate lifetimes from 90 to 64 days on February 10, 2027 — then 45 days in 2028. What your business must do right now to prepare.