
Business
All the latest news stories about the business world: mergers, IPOs, trends, personalities, and more


Meta stock surges after Q2 results blow past expectations
In the midst of an artificial intelligence spending spree, Meta posted stronger-than-expected results for the second quarter.

Microsoft’s annual cloud revenue hits $75B, profit beats expectations
Microsoft reveals that its Azure cloud computing platform has generated over $75 billion in annual revenue.

23andMe Files for Chapter 11 Bankruptcy
23andMe filed for Chapter 11 bankruptcy on Monday, planning to sell most of its assets under court supervision to manage financial troubles.

Hyundai to Announce $20B U.S. Investment
Hyundai is making a major investment in the U.S., to the tune of $20 billion.

Small Business Administration to reorganize, cut about 2,700 jobs
The Small Business Administration said Friday it will cut its workforce by 43%, or about 2,700 jobs, as part of a reorganization.

DoorDash to Partner with BNPL Service Klarna
Klarna has secured a “buy now, pay later” deal with DoorDash, allowing customers to split food delivery payments into installments.

Big Business This Week: Is Tesla Just a Meme Stock Now?
Is it even still a car company? Plus: Harry Potter vs. Mickey Mouse, Ben & Jerry vs. the Man, Greenpeace vs. the pipeline.

Amtrak CEO Stephen Gardner Stepping Down
Amtrak CEO Stephen Gardner has stepped down, reportedly under pressure from the White House over securing support from President Trump's administration.

Edible Arrangements Branches Out in Edible Space
Edible Brands, the parent company of Edible Arrangements, is launching Edibles.com, a marketplace for hemp products like Cann drinks and Wana gummies.

Tesla Recalls Over 46,000 Cybertrucks
Tesla is recalling over 46,000 Cybertrucks in the U.S. due to a defect in the exterior cant rail that could detach while driving, creating a road hazard.

Go Inside the Decision Making for Fast Company's Most Innovative Companies in 2025
Amy Farley, Executive Editor at Fast Company, joins Cheddar to reveal how the Top 50 companies were chosen for a coveted spot on the list of Most Innovative.
