
Business
All the latest news stories about the business world: mergers, IPOs, trends, personalities, and more


Bitcoin Hits Record $123K as Regulatory Shift Fuels Institutional Demand
Bitcoin surged past $120,000 on Monday, hitting an all-time high of $123,000 amid growing optimism over potential U.S. regulatory changes.

Musk Rejects Tesla-XAI Merger Amid Growing Questions Over Company Ties
Elon Musk stated on Monday that he does not support a merger between Tesla and his artificial intelligence company XAI.

Big Business This Week: Trump vs. Musk goes nuclear
Forget Brad and Angelina, Ben and Jenn, The Beatles, Brexit, or even Henry VIII and his wives. This is the biggest split in recent history.

Crypto Meets Wall Street: Circle’s CFO on the IPO Pop Heard Around the Market
Jeremy Fox-Geen, the Chief Financial Officer at Circle, joins Cheddar for a one-on-one interview as the company's stock surges on its first day of trading.

Supreme Court makes it easier to claim ‘reverse discrimination’
A unanimous Supreme Court has made it easier to bring lawsuits over so-called reverse discrimination, siding with an Ohio woman who claims she didn’t get a job and was demoted because she's straight.

Trump threatens to cut Musk’s government contracts over feud
President Donald Trump is threatening to cut Elon Musk’s government contracts as their fractured alliance rapidly escalated into a public feud.

Tesla stock plunges as Musk’s feud with Trump spooks investors
Tesla plunged closed down more than 14% as a disagreement over the U.S. president's budget bill turned nasty.

Nintendo Fans Go Crazy for Switch 2
Nintendo’s highly anticipated Switch 2 console launched globally on Thursday June 5th, sparking massive demand and long lines at major retailers.

Ground beef sold at Whole Foods may be tainted with E. coli, USDA says
U.S. agriculture officials are warning that packages of ground beef sold at Whole Foods markets may be contaminated with E. coli bacteria.

Amazon planning $10B investment in NC AI campus
Amazon is expanding its cloud computing infrastructure and artificial intelligence activities into a rural North Carolina county.

Warner Bros. Discovery CEO Pay Package Declined by Shareholders
Warner Bros. Discovery shareholders have voted against CEO David Zaslav’s 2024 compensation package of $51.9 million, with over 59% opposing the proposal.
