Business
All the latest news stories about the business world: mergers, IPOs, trends, personalities, and more
Texas Refinery Explosion Drives Gas and Diesel Prices Sharply Higher
An explosion and fire at Valero's Port Arthur refinery, one of the ten largest in the U.S., sent wholesale gasoline up roughly 10 cents a gallon.
Amazon's Zoox Expands Robotaxi Service to Austin and Miami
Amazon's Zoox is preparing to launch public robotaxi testing in Austin and Miami later this year, starting with employees and their circles.
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.
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.
Microsoft Unveils Massive $17.5 Billion A.I. Investment in India
Microsoft announced a $17.5 billion investment in India’s cloud and AI infrastructure over the next four years, marking its largest Asia investment to date.
The Hybrid Work Revolution: Why Mark Dixon Says the Office Will Never Be the Same
Mark Dixon shares how IWG supports companies through hybrid work, RTO shifts, and the next era of flexible workspaces.
Inside the Surge: How Sports Betting Is Dominating the U.S. Market
U.S. sports betting is booming as NFL and college football fuel massive activity. BetMGM CEO Adam Greenblatt breaks down trends, growth, and what’s next.
Musk Attacks EU After X Fined $140 Million for DSA Violations
Elon Musk criticized the European Union after it fined X $140 million for misleading blue-checkmark practices and insufficient transparency in its advertising.
