Business
All the latest news stories about the business world: mergers, IPOs, trends, personalities, and more
How Phantom Space Plans to Disrupt the Commercial Space Race
Jim Cantrell, Co-Founder and CEO of Phantom Space, explains how the company is working to make rocket launches faster, cheaper, and more scalable.
Meta and Microsoft Just Sent a Big AI Message to Investors
Big Tech is pouring billions into AI. Ray Wang, CEO of Constellation Research, explains what Meta and Microsoft's earnings reveal about those investments.
Nasdaq Intends to Launch 24-hr Trading in 2026
Nasdaq intends to launch 24 hour trading on its U.S. exchange by the end of 2026 to cater to the increasing global demand for U.S. stocks.
U.S. Layoffs Highest Since Early Pandemic Days
In February 2025, U.S. layoffs reached 172,017, the highest monthly total since the early pandemic period.
Big Business This Week: Those On-Again, Off-Again Tariffs!
No one's happy about anything this week, it seems, not even lumberjacks, Gen Z music fans, and Goldman Sachs VPs.
Reddit Founder Alexis Ohanian Wants to Buy TikTok
Reddit co-founder Alexis Ohanian has joined billionaire Frank McCourt’s consortium, “The People’s Bid for TikTok,” as a strategic adviser.
Alibaba Releases A.I. Bot to Rival DeepSeek
Alibaba has unveiled its latest A.I. reasoning model, QwQ-32B, who's performance is on par with DeepSeeks R1 model despite using significantly fewer parameters.
Walgreens May Go Private with Sycamore Partners
Walgreens Boots Alliance is close to a $10 billion deal to go private with Sycamore Partners.
Chipotle CEO Says It Will Absorb Tariff Costs
President Trump's proposed tariffs on major trading partners are affecting the U.S. economy, but Chipotle plans to keep prices stable for their customers.
CFPB Drops Lawsuits Against Capital One and Others
The U.S. Consumer Financial Protection Bureau on Thursday dropped 5 enforcement actions against financial services companies accused of wrongdoing.
Amazon Teases Future A.I. Devices
The company debuted a more sophisticated version of Alexa this week that's more conversational and can handle tasks on your behalf.
