Business
All the latest news stories about the business world: mergers, IPOs, trends, personalities, and more
Home Buyers Walk Away at Record Levels
Home purchase cancellations surged in December as high prices, economic uncertainty, and rising inventory continue to influence buyer confidence.
Amazon Plans 16,000 Corporate Layoffs as A.I. Investment Accelerates
Amazon said it will cut about 16,000 corporate jobs, its second major round of layoffs since October, as part of a broader effort to reduce management layers.
Airline Industry to Hit New Heights in 2025
The global airline industry expected to clear an astounding 1 trillion dollars in revenue with passengers expected to hit an all-time high of 5 billion.
Judge Rejects The Onion’s Bid to Buy Infowars
A bankruptcy judge rejected satirical news site, The Onion's bid to purchase Alex Jones' far-right media empire Infowars, citing an unfair auction process.
Albertsons Calling off $25B Merger with Kroger
Albertsons is calling off its 25 billion dollar merger with grocery chain Kroger and is now suing them for breach of contract.
Alaska Air Plans Non-Stop Flights to Japan & Korea
Alaska Airlines completed its $1.9 billion acquisition of Hawaiian Airlines in September and is expanding its reach with Pacific routes and wide-body planes.
AI is knocking on Real Estate Agents Doors
Should real estate agents fear AI? Tushar Garg CEO at Flyhomes says no. He joined Cheddar to discuss the future of AI in the Real Estate business and more.
TikTok Fights for its Rights
The app has filed an emergency motion with the US Court of Appeals urging it to temporarily block a law that would ban the app beginning January 19th.
Merger Monday: Omnicon Group Talks Purchases
Advanced talks to acquire Interpublic Group in an all-stock deal valued between $13B and $14B, excluding debt, according to the Wall Street Journal.
The Department of Government Efficiency Aims to Cut an Astounding $2-Trillion From Federal Spending
Christopher Zara, Senior Editor at Fast Company joined Cheddar to discuss the newly formed "DOGE"’s new goal to cut 2-trillion dollars from federal spending.
Congress Upholds a Ban on TikTok
An appeals ruling upholding a ban of TikTok, a panel ruling Friday that congress has the power to shut down the hugely popular Chinese backed app.
