
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.

Turbulence Ahead: 30,000 Boeing Workers Go On Strike
More than 30 thousand workers walking off the job after the union rejected a new four year contract that called for 25% raises.

Donald Trump Doesn't Want to Debate Kamala Harris Again
There will be no third debate, that’s what former President Trump posted on social media platform Truth Social.

Big Business This Week: The Big Cut Is Finally Coming
After months of speculation, the Fed seems ready to act. Plus: Starbucks' new CEO shakes things up, and gas prices are going ... down?!?

McDonald's $5 Meal Deal Extended to December
McDonald's is extending its $5 meal deal until December, initially launched as a month long promotion in June.

Burgerfi Files for Chapter 11 Bankruptcy
The fast food chain has filed for chapter 11 bankruptcy protection amid struggles with declining traffic and high interest rates.

OpenAI Eyes $150B Valuation in Funding Round
The A.I boom is still very much alive and well, open A.I. hitting a staggering 150-billion dollar valuation.

Hurricane Francine Floods LA: 6-9" Rain, Power Outages
Hurricane Francine hit Louisiana as a category 2 storm on Wednesday, causing severe flooding and widespread power outages.

Mortgage Rates Hit 6-Month Low Amid Slow Demand
Mortgage rates dipped to their lowest level since February of last year, the 30-year fixed-rate falling to 6 point 29 percent, thanks to cooling inflation.

Shop Red Carpet Looks Live at the VMAs
Paramount Global is teaming up with Shopsense AI to introduce live shopping at the 2024 MTV VMAs, letting viewers purchase red carpet outfits in real time.
