
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.

Google Rehires AI Pioneer Noam Shazeer
Google has re-hired AI pioneer Noam Shazeer for approximately $2.7 billion, following his departure in 2021 to start character-AI.

China's Salt Typhoon: Cyber Threats Rise
Chinese-linked hackers have recently infiltrated several U.S. internet service providers in a covert operation called "Salt Typhoon."

Was There a Palace Coup at the Magic Kingdom? Inside the Bob Iger, Bob Chapek Shake-up
James Stewart joins Cheddar to discuss his New York Times article on what really went on behind-the-scenes at Disney when Bob Iger took back his spot as CEO.

U.S. Adult Obesity Rate Stabilizes at 40%
New CDC data shows that the U.S. adult obesity rate has ticked down to 40.3%, marking the first time in over a decade it has not increased.

Coca-Cola Spiced Discontinued After 7 Months
Coca-Cola says it is discontinuing Coca-Cola spiced just seven months after its release.

Caroline Ellison Sentenced in FTX Fraud
Caroline Ellison, the former CEO of alameda research and key witness in the FTX fraud case, was sentenced to two years in prison and ordered to forfeit $11B.

United Arab Emirates: Dubai’s Tourist Surge Hits 9.31M with D33 Goals
Dubai welcomed 9.31 million international tourists this year, a 9% increase. The 'D33' Agenda aims to double GDP by 2033 through innovative projects.

DOJ Sues Visa for Alleged Debit Card Monopoly
The justice department is suing Visa for allegedly monopolizing the debit card market. The DOJ claims the company forces businesses to use its network.

Regional Bank Boom: How Citizens Financial Is Crushing the S&P 500
Citizens Financial Group outpaced the S&P 500 with a 20.1% gain in 3 months, 25.7% YTD, and 51.3% in a year.
