Business
All the latest news stories about the business world: mergers, IPOs, trends, personalities, and more
What to know about the resigning CEO caught on Coldplay’s jumbotron
A Coldplay concert moment has gone viral, leading to the resignation of a tech CEO.
LVMH-Backed L Catterton Takes Stake in Private Jet Firm Flexjet
Catterton—backed by luxury giant LVMH—has led an $800 million funding round for Flexjet, taking a roughly 20% stake that values the private jet company.
Walmart warns “higher prices are inevitable”
Walmart, which became the nation’s largest retailer by making low prices a priority, has found itself in a place it’s rarely been: Warning customers that prices will rise for goods ranging from bananas to car seats.
Lifestyle Services Now Offered Via Airbnb
Airbnb has unveiled a major redesign of its app, introducing new features like “Airbnb Services” and “Airbnb Originals” to expand beyond accommodations.
Max is Going Back to HBO Max… Again
Warner Bros. Discovery has announced that its streaming service, Max, will revert to the name “HBO Max” later this year, reinstating the HBO brand.
U.S.–China Trade Truce: What It Means and What Comes Next
Chris Beauchamp, Chief Market Analyst at IG International, joins J.D. Durkin to give analysis on the recent trade truce between the U.S. and China. Watch!
Microsoft lays off about 3% of its staff on ‘day with a lot of tears’
Microsoft began laying off about 6,000 workers Tuesday, nearly 3% of its entire workforce and its largest job cuts in more than two years.
British banking analyst jailed in Saudi Arabia for 10 years over ‘unknown tweet’
A British Bank of America analyst has been jailed for 10 years in Saudi Arabia apparently over a since-deleted social media post.
More than 1,000 Starbucks baristas go on strike to protest new dress code
More than 1,000 Starbucks baristas at 75 U.S. stores have gone on strike since Sunday, protesting the coffee giant’s new dress code.
Waymo Recalls Over 1200 Self-Driving Cars
Waymo has recalled 1,212 self-driving cars due to a software glitch in its fifth-generation Automated Driving System.
Go Inside Coinbase's $2.9B Deribit Acquisition: A Strategic Move as It Joins the S&P 500
Shan Aggarwal, VP of Corporate and Business Development at Coinbase, discusses the company's acquisitio of Deribit as it heads into the S&P 500. Watch!
