Elon Musk’s xAI Says Grok 3 Is Better Than ChatGPT, DeepSeek

Entrepreneur contributors emphasize the importance of choosing the right buyer for your business when selling, rather than solely focusing on the highest valuation. They outline the different types of buyers - strategic, financial, and individual - discussing their advantages and disadvantages. Factors to consider when selecting a buyer include reputation, post-sale business plans, treatment of employees, likelihood of closing, speed to closing, cultural fit, financing structure, and market conditions. Prioritizing these considerations over maximizing valuation...

The U.S. Justice Department announced it would dismiss a case against Elon Musk's SpaceX for allegedly discriminating against individuals based on citizenship status. The Justice Department filed the case in August 2023, accusing SpaceX of violating federal law in its hiring practices by not fairly considering job applications from refugees and asylees. Mr. Musk claimed SpaceX was restricted from hiring non-citizens due to export control laws, a position the Justice Department refuted. Full Article

Live Nation Entertainment Inc. reported a dip in fourth-quarter sales, which still exceeded expectations, with Ticketmaster parent anticipating larger gains this year due to an increase in concerts at larger venues. The company remains optimistic about future growth despite the decline in sales, pointing to the positive outlook for upcoming events and performances. Live Nation Entertainment Inc. aims to capitalize on the trend of more concerts at bigger venues to drive revenue and boost profits...

Citigroup is scaling back diversity initiatives, no longer setting representation goals or requiring diverse candidate slates. The bank's move follows a trend of companies retracting diversity, equity, and inclusion targets in response to Donald Trump's return to the White House. Citi's changes come just months after emphasizing the importance of DEI, with the bank now renaming its team and adjusting its approach amid evolving diversity initiatives across US institutions. Full Article

Frontier markets are a diverse group of countries that don't fit the traditional definition of emerging markets. They offer unique investment opportunities with favorable demographics and low levels of debt. While performance has been moderate compared to global benchmarks, frontier markets are less volatile and offer cheap valuations. Investors can access frontier markets through indexes or funds like the BlackRock Frontiers Investment Trust. London-listed stocks like Georgia Capital also provide exposure to frontier markets, despite...

In light of the Fed's multifaceted activities, the delineation between monetary policy and regulation is blurred, particularly evident during crises like the Covid-induced economic shock in 2020 when the central bank intervened in debt markets alongside the Treasury Department. The lack of clear legal reasoning in Trump's directive raises concerns about potential threats to the Fed's monetary independence, as highlighted by experts like Jeremy Kress and Mr. Alvarez, who warn of possible erosion through budgetary...