Business
All the latest news stories about the business world: mergers, IPOs, trends, personalities, and more
Kroger to Close 60 Stores Nationwide
Kroger has announced plans to shut down 60 stores—about 5% of its U.S. footprint, over the next 18 months in the wake of its failed merger with Albertson.
Texas lawmakers try to throw a wrench into Elon Musk’s robotaxi debut
A group of Democratic Texas lawmakers is asking Elon Musk to delay his rollout of driverless ‘robotaxis’ in the state this weekend to assure the vehicles are safe enough.
How the Lakers’ new owner made his fortune
The billionaire slated to takeover the controlling interest in the Los Angeles Lakers has built a career leading businesses investing in everything from sports franchises to artificial intelligence.
Texas Instruments Investing Billions in Semiconductor Plants
Texas Instruments will invest over $60 billion to build and expand seven semiconductor plants in Texas and Utah.
Honda Launches First Reusable Rocket in Japan
Honda achieved a major milestone by successfully launching and landing its first reusable rocket in Taiki Town, Japan.
SpaceX's Ship 36 Exploded During Routine Test
SpaceX’s Starship prototype, Ship 36, exploded in a massive fireball during a routine static‑fire test at its Starbase facility in South Texas.
Meta Teams Up with Oakley for Smart Glasses Launch
Meta has joined forces with Oakley to launch the Oakley Meta HSTN, a line of A.I. powered smart glasses.
IBM Gears Up for First Quantum‑Centric Supercomputer in 2025
IBM Fellow Jerry Chow talks IBM’s expansion of the Quantum Data Center in Poughkeepsie, installing Heron processors that deliver utility‑scale performance.
Big Business This Week: Market Is A Big Fan of Turbines
DNA firm is back under old management, Meta is poaching AI talent, TikTok's deadline looms, Kraft goes natural with dyes, and WhatsApp introduces ads.
NTSB Issues Rare Warning for Boeing 737 Engines
The NTSB has called on Boeing and engine-maker CFM to implement a software fix for Boeing 737 Max LEAP‑1B engines to prevent smoke from entering the cockpit.
Altman Reveals Meta is Recruiting Top OpenAI Talent
OpenAI CEO Sam Altman revealed that Meta has offered up to $100 million in signing bonuses and generous annual compensation to recruit top OpenAI talent.
New Amazon factory aims to deliver 10,000 robotaxis annually
Amazon is gearing up to make as 10,000 robotaxis annually at a sprawling plant near Silicon Valley.
Trump Issues Third 90-Day Extension for TikTok
President Trump has issued a third 90-day executive extension for TikTok, pushing the deadline for ByteDance to divest its U.S. operations to mid September.
How the humble water gun became the symbol of Barcelona’s anti-tourism movement
The humble water gun — the cheap, squirt-squirt variety — has become the weapon of choice and symbol of Spain's anti-tourism protests.
Trump Family Crypto Empire: A Web of Millions, Influence, and Ethical Concerns
Sam Blum, Senior Writer at Inc. Magazine, discusses one of his latest articles on why the Trump family is embracing crypto. Watch!
Real Assets Gain Traction in Bank of America's 2025 Specialty Asset Management Outlook
Ken Shepard, Head of Specialty Asset Management at Bank of America, discusses the importance of real assets and unpacks the bank's specialty asset outlook.
Chase Sapphire Reserve Card Increasing Annual Fee by 45%
JPMorgan Chase is raising the annual fee for its Chase Sapphire Reserve from $550 to $795 starting June 23.
