Business
All the latest news stories about the business world: mergers, IPOs, trends, personalities, and more
Trump Media Explores Truth Social Spin-Off After Tae Merger
Trump Media & Technology Group said it's exploring spinning off Truth Social into a separate publicly traded company following its pending merger with TAE Tech.
OpenAI Raises $110B at $730B Valuation, Deepens Amazon and Nvidia Ties
OpenAI announced a record $110 billion funding round led by Amazon, Nvidia, and SoftBank, boosting its pre-money valuation to $730 billion.
Are U.S.-China Trade Relations Showing Improvement?
Jeremy Jansen, Head of Supply Chain at Wells Fargo, unpacks the ongoing trade talks between the United States and China as consumers still wonder about tariffs.
Novo Nordisk Ends Hims & Hers Partnership
Novo Nordisk has terminated its partnership with Hims & Hers, citing concerns over the telehealth company’s sale of unauthorized version Wegovy.
Kroger to Close 60 Stores Nationwide
Kroger has announced plans to shut down 60 stores—about 5% of its U.S. footprint, over the next 18 months in the wake of its failed merger with Albertson.
Texas Instruments Investing Billions in Semiconductor Plants
Texas Instruments will invest over $60 billion to build and expand seven semiconductor plants in Texas and Utah.
Honda Launches First Reusable Rocket in Japan
Honda achieved a major milestone by successfully launching and landing its first reusable rocket in Taiki Town, Japan.
SpaceX's Ship 36 Exploded During Routine Test
SpaceX’s Starship prototype, Ship 36, exploded in a massive fireball during a routine static‑fire test at its Starbase facility in South Texas.
Meta Teams Up with Oakley for Smart Glasses Launch
Meta has joined forces with Oakley to launch the Oakley Meta HSTN, a line of A.I. powered smart glasses.
IBM Gears Up for First Quantum‑Centric Supercomputer in 2025
IBM Fellow Jerry Chow talks IBM’s expansion of the Quantum Data Center in Poughkeepsie, installing Heron processors that deliver utility‑scale performance.
Big Business This Week: Market Is A Big Fan of Turbines
DNA firm is back under old management, Meta is poaching AI talent, TikTok's deadline looms, Kraft goes natural with dyes, and WhatsApp introduces ads.
