
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.

Banks Are Putting the Federal Reserve to the "Stress Test"
A coalition of major banks and business groups, including JPMorgan, Citigroup, and Goldman Sachs, are suing the fed over its annual bank stress tests.

American Airlines Faces Xmas Delays
A major disruption for travelers this Christmas eve. The federal aviation administration issued a nationwide ground stop for all American Airlines flights.

Survey: Small Businesses are Feeling More Optimistic, Post-Election
A survey shows small business owners are feeling more optimistic about the economy following the election.

Nordstrom to be Acquired by Nordstrom Family in $6.25 Billion Deal
Century-old department store Nordstrom has agreed to be acquired and taken private by Nordstrom family members in a $6.25 billion deal.

Nasdaq Helped Companies Raise Over $21 Billion in 2024: What's in Store for IPOs in 2025?
Jeff Thomas, Global Head of Listings at Nasdaq, joined Cheddar to share Nasdaq's expectations and predictions for IPO markets in 2025.

Wicked, Moana, and Gladiator - Oh My! Did Box Offices Comeback in 2024?
Paul Dergarabedian, Senior Media Analyst at Comscore shares the ups and downs that hit box offices in 2024, and how "Glicked" helped end the year back on top.

Gas Prices Cheapest Since 2020
Americans are expected to see the lowest Christmas Day gas prices since 2020, according to GasBuddy.

Nissan and Honda Announce Merger
Honda and Nissan confirmed that they are pursuing a merger, each company will continuing to operate under its own brand but under a new joint holding company.

