Business
All the latest news stories about the business world: mergers, IPOs, trends, personalities, and more
Amazon Eyes One-Hour “Rush” Pickup as it Races Walmart for Ultrafast Shopping
Amazon is working on a new “rush” pickup service that will let shoppers collect online and in-store items from Amazon-owned locations within an hour.
Weed Stocks Go Wild as Trump Pushes for Big Federal Rescheduling Move
Cannabis stocks surged Friday after reports that President Trump plans to ease federal restrictions by reclassifying marijuana from Schedule I to Schedule III.
Nvidia Weighs Boosting H200 Production as China Demand Surges
Nvidia is considering ramping up production of its powerful H200 AI chips after demand from Chinese companies surged beyond current supply.
Markets React to Fed Cut: Citi on Earnings, AI Spending, and the Road to 2026
Citi’s Drew Pettit breaks down how the Fed’s latest rate cut is reshaping equity markets, earnings expectations and sector strategy.
Inside Wealthfront’s Big IPO Moment and the Future of Robo Banks
Wealthfront’s CFO Alan Iberman talks the $2.05B IPO and the major moment for robo banking as the company bets on AI, automation, and “self-driving money."
Big Business This Week: Inside the battle for Warner Bros.
It’s the intrigue of the hour in Hollywood, and the implications are real for the U.S. entertainment and news industries.
Time Names “Architects of A.I.” as 2025 Person of the Year
Time magazine selected the “Architects of AI,” the people who imagined, designed, and built modern artificial intelligence, as its 2025 Person of the Year.
Rare Dom Pérignon champagne from Charles and Diana’s wedding fails to sell during Denmark auction
A rare magnum of Dom Pérignon Vintage 1961 champagne that was specially produced for the 1981 wedding of Prince Charles and Lady Diana has failed to sell during an auction. Danish auction house Bruun Rasmussen handled the bidding Thursday. The auction's house website lists the bottle as not sold. It was expected to fetch up to around $93,000. It is one of 12 bottles made to celebrate the royal wedding. Little was revealed about the seller. The auction house says the bids did not receive the desired minimum price.
Why a sequel isn’t always the answer to people’s demands for more
Ask yourself if you actually want to see some of the popular film franchises continue.
Disney Investing $1 Billion in OpenAI
Disney is investing $1 billion in OpenAI and will let users create videos featuring more than 200 characters from Disney, Marvel, Pixar, and Star Wars.
AGS Vs. A.I.: Fix Your “Delusions”
State attorneys general from across the U.S. are demanding that major AI companies crack down on “delusional” and psychologically harmful chatbot outputs.
Inside the Fed’s Decision to Cut Rates
The Fed cut rates, sparking market swings. Bill Mann unpacks the decision, the economy’s direction, policy risks, and what investors should know.
New York Times, after Trump post, says it won’t be deterred from writing about his health
The New York Times and President Donald Trump are fighting again. The news outlet said Wednesday it won't be deterred by Trump's “false and inflammatory language” from writing about the 79-year-old president's health. The Times has done a handful of stories on that topic recently, including an opinion column that said Trump is “starting to give President Joe Biden vibes.” In a Truth Social post, Trump said it might be treasonous for outlets like the Times to do “FAKE” reports about his health and "we should do something about it.” The Republican president already has a pending lawsuit against the newspaper for its past reports on his finances.
Rivian Building Its Own A.I. Assistant
Rivian has spent nearly two years developing an in-house AI assistant, separate from its multibillion-dollar tech partnership with Volkswagen.
PepsiCo to Slash Product Line and Cut Prices
PepsiCo said it will cut nearly 20% of its product offerings and lower prices as part of a new plan shaped by activist investor Elliott Investment Management.
SpaceX Eyes Record-Shattering $1.5 Trillion IPO in 2026
SpaceX is reportedly preparing for a mid-to-late 2026 IPO that aims to raise $30 billion at a staggering $1.5 trillion valuation, according to Bloomberg.
Job Openings Stall as Layoffs Rise in a Cooling U.S. Labor Market
U.S. job openings held nearly steady at 7.7 million in October, indicating continued uncertainty about the direction of the economy.
