Business
All the latest news stories about the business world: mergers, IPOs, trends, personalities, and more
Nintendo Switch 2 Soars to New Heights
Nintendo has increased its sales forecast for the Switch 2 console to 19 million units for the fiscal year ending March 2026.
EV Sales Plunge After Federal Tax Credits Expire, Automakers Report Sharp Declines
Automakers reporters a sharp decline of U.S. sales of electric vehicles in October after the expiration of up to $7,500 in federal tax credits.
LSD shows promise for reducing anxiety in drugmaker’s midstage study
A midstage study of the psychedelic drug LSD showed positive results for easing symptoms in people with generalized anxiety disorder.
Crunch Fitness President On Navigating Fitness with AI and the GLP‑1 Revolution
Crunch Fitness President Chequan Lewis talks how gyms are adapting to GLP‑1 weight‑loss drugs, integrating AI-powered workouts and embracing new fitness trends.
BetMGM’s Bold Playbook: CEO on Betting Season, App Upgrades & Industry Expansion
Adam Greenblatt, BetMGM CEO, shares insights on football betting forecasts, the booming sports wagering industry, and the game‑changing enhancements to the app.
NBCUniversal Hits Record NFL Ad Sales, Sells Out Super Bowl LX Spots Early
As the NFL season kicks off, NBCUniversal announced it has reached its highest-ever revenue from advertising and partnerships tied to pro football.
Newsmax Sues Fox News for Alleged Monopoly, Claims Intimidation
Newsmax filed a federal lawsuit accusing Fox News of monopolistic practices aimed at stifling competition in the right-leaning cable news market.
OpenAI Boosts Secondary Share Sale to $10.3B at $500B Valuation
OpenAI is expanding its secondary share sale to approximately $10.3 billion, up from a previously planned $6 billion.
Walmart-Backed OnePay Launches $35 Wireless Plan to Expand Into “Super App” Territory
OnePay, the Walmart-backed fintech firm, is launching OnePay Wireless, a $35 per month unlimited 5G mobile plan in partnership with startup Gigs.
AI Boom or Bubble? Breaking Down Big Tech’s Wild Ride
Axios' Madison Mills joins to ask the big question: Is the AI-fueled tech boom sustainable—or are we watching a bubble inflate before it bursts?
Japanese Whisky Boss Resigns and Apologizes Over Jet Lag Supplement
The former chief executive of Japanese beverage giant Suntory has acknowledged he was investigated on suspicion of possessing an illegal drug but has asserted his innocence despite resigning from his position.
