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.
Stellantis CEO Steps Down
It's time to put the hard top back on your jeep wrangler and also time for jeep maker, Stellantis CEO Carlos Tavares to step down.
Stoli Files for Chapter 11 Bankruptcy
Stoli Group USA, maker of Stoli vodka, has filed for bankruptcy due to slowing demand for spirits, a major cyberattack, and ongoing legal battles with Russia.
Black Friday Deals Roll Into Cyber Monday
Coming after a record smashing Black Friday in which shoppers spent 10.8 billion online, an increase of more than 10% according to Adobe Analytics.
Big Business This Week: Gobble Gobble Gobbledygook
Was your Thanksgiving dinner cheaper this year? Sources say it should have been! Plus, taxing crypto, Moana gets a sequel, and the french-fry cartel.
Electric Cars Need Recharge as Range Limits, Cost Leave Some Skeptical
While sales of electric vehicles surge in China, the spread of more environmentally friendly vehicles is stumbling in the United States and Europe.
Biden to Loan $6.6 Billion to EV Maker Rivian to Build Paused Factory
President Joe Biden’s administration will loan $6.6 billion to electric vehicle maker Rivian Automotive to build a Georgia factory.
US Consumer Confidence Ticks Higher on Better Outlook for Hiring
Americans’ outlook on the economy improved modestly in November, lifted by expectations for lower inflation and more hiring.
Musk and Trump: How Will The Most Powerful Friendship in the World Affect US Spending?
Simon Shuster, Senior Correspondent at TIME, discusses his recent article, how the friendship between Musk and Trump may affect US spending, “DOGE” and more.
Subway CEO John Chidsey to Step Down
Subway CEO John Chidsey is stepping down at the end of the year, after leading the company through significant changes during his tenure.
