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.
Joann Fabrics to Close All Stores
It's been called the retail apocalypse, and it continues today with news that fabrics outlet Joann Fabrics will shutter all of its approximately 800 locations.
Denny’s Adds Surcharge to Eggs
Eggflation is spreading to popular breakfast chains around the country.
Eli Lilly Lowering Price of Zepbound
Hugely popular weight loss drugs known as GLP-1's are finally getting cheaper, well at least one is, and that's the case with Eli Lilly drug Zettbound.
Starbucks lays off 1,100 corporate employees as coffee chain streamlines
Starbucks plans to lay off 1,100 corporate employees globally as new Chairman and CEO Brian Niccol streamlines operations.
American Airlines Flight Diverted Due to Bomb Threat
An American Airlines flight from New York to New Delhi, India landed safely in Rome on Sunday afternoon after it was diverted due to a security concern.
Apple to Spend $500B in U.S. in Next Four Years
Hoping to avoid President Trump's tariffs on Chinese imports, Apple is investing $500 billion in U.S. facilities over the next four years.
IRS Layoffs Could Hurt Revenue Collection and Aid Tax Dodgers
Experts say the layoffs of roughly 7,000 IRS probationary workers likely mean the end of the agency’s plans to go after tax dodgers.
OpenAI Tops 400 Million Users
Despite intense competition from China-based DeepSeek, among many others, OpenAI is surging.
Delta Offering $30K For Toronto Flight Passengers
Less than 2 days after Delta Airlines offered $30,000 to each passenger on board the flight that crashed and flipped in Toronto Monday.
