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.
Meta Ending Fact-Checking Program
Has META gone full MAGA? Mark Zuckerberg announcing Meta will end its fact-checking program in favor of community driven systems similar to X's Community Notes.
Subway & McDonald's Debut New Value Menus
Fast food companies resolving to lower prices in the New Year, Subway and McDonalds unveiling menu changes this week.
Nvidia Stock Reaches All-Time High
Chipmaker and AI darling Nvidia is back nipping at Apples heels as the most valuable company in the world, with the stock hitting an all time high Monday.
Tesla Stock Spiked Over 60% Since the Election... Will it Last?
Nathan Bomey, Reporter at Axios, discusses where Tesla stands, Musk's relationship with the incoming president and expectations for Tesla throughout 2025.
U.S. Steel, Nippon Sue Biden Admin. Over Blocked Merger
The lawsuit is a final attempt to revive their merger after President Biden blocked the 15 billion dollar deal on national security grounds last week.
Cinemark: $5 ‘Bring Your Own’ Popcorn Bucket Deal
January 19th is National Popcorn Day in Cinemark theaters across the country are celebrating big time.
Apple Agrees to Pay $95M in Siri Privacy Settlement
Ask Siri if Apple is in trouble to start the new year, she'll show you several stories indicating the answer might be yes.
Tesla Reports First Annual Sales Drop
Tesla reporting its first ever annual sales drop as a public company in 2024, slowing EV adoption, increased competition, and low gas prices.
Joel Kaplan Joins Meta as Head of Policy
Big tech continues to swing to the right politically. Facebook parent company Meta, replacing its global policy head, Nick Clegg with Republican Joel Kaplan.
