Business
All the latest news stories about the business world: mergers, IPOs, trends, personalities, and more
Elon Musk Locked in with $29 Billion Tesla Stock Grant
Tesla has granted Elon Musk 96 million restricted shares worth about $29 billion, with vesting contingent on him remaining in an executive role through 2027.
Is Your Celsius Really a High Noon?
High Noon issued a recall after discovering that certain cans labeled Celsius Astro Vibe Sparkling Blue Razz energy drinks were mistakenly filled with alcohol.
OpenAI Lays Out For-Profit Plan
OpenAI has announced plans to transition into a public benefit corporation in the new year, aiming to remove nonprofit restrictions.
Big Business This Week: There’s a New No. 3 in Town!
Honda and Nissan are joining forces in 2026. Plus, who's in Elon's crew, air travel is a mess, and the Skydance-Paramount transition begins.
Did The Fed Make a Soft Landing in 2024 or is There Still Turbulence Ahead?
Josh Hirt, Senior U.S. Economist at Vanguard, discusses Vanguard's Global Outlook as 2024 comes to an end, plus, expectations for 2025.
What Does A Second Trump Term Mean for Your Finances?
Ted Rossman, Senior Industry Analyst at Bankrate discusses how a second Trump administration may affect the average American's finances.
Banks Are Putting the Federal Reserve to the "Stress Test"
A coalition of major banks and business groups, including JPMorgan, Citigroup, and Goldman Sachs, are suing the fed over its annual bank stress tests.
American Airlines Faces Xmas Delays
A major disruption for travelers this Christmas eve. The federal aviation administration issued a nationwide ground stop for all American Airlines flights.
Survey: Small Businesses are Feeling More Optimistic, Post-Election
A survey shows small business owners are feeling more optimistic about the economy following the election.
Nordstrom to be Acquired by Nordstrom Family in $6.25 Billion Deal
Century-old department store Nordstrom has agreed to be acquired and taken private by Nordstrom family members in a $6.25 billion deal.
Nasdaq Helped Companies Raise Over $21 Billion in 2024: What's in Store for IPOs in 2025?
Jeff Thomas, Global Head of Listings at Nasdaq, joined Cheddar to share Nasdaq's expectations and predictions for IPO markets in 2025.
