M Co. expects profit to grow this year as Chief Executive Officer William Brown works to advance his plan to turn around the sprawling manufacturer.

OpenAI has laid out plans to become a for-profit company. In a blog post published on Friday, OpenAI’s board said it will ...

OpenAI has announced plans to transition into a public benefit corporation in the new year, aiming to remove nonprofit restrictions.

When you combine strong profit potential with lower failure rates, you set yourself up for long-term business success.

American Airlines forecast 2025 profit below Wall Street expectations on Thursday, hurt by an uptick in jet fuel prices and ...

The state’s attorney general asked the company how it plans to transfer assets out of its charitable nonprofit.

OpenAI CEO Sam Altman reveals financial losses with its ChatGPT Pro subscription, as company plans restructuring to balance its books.

Under the proposed plan, the ChatGPT maker's existing for-profit arm would become a Delaware-based public benefit corporation (PBC) - a structure designed to consider the interests of society in ...

The plan faces hurdles. One of OpenAI’s co-founders, billionaire Elon Musk, has filed for an injunction to halt the company’s transition to a for-profit, accusing OpenAI of abandoning its ...

"Our plan would result in one of the best resourced nonprofits in history," OpenAI said. (During its latest funding round, OpenAI was valued at $157 billion.) OpenAI claimed the nonprofit's ...