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


Alphabet Tops $100 Billion in Quarterly Revenue for the First Time as Profits Soar
Google’s parent company Alphabet reported its first-ever quarter with more than $100 billion in revenue.

Paramount to Lay Off 2,000 Employees Following $8 Billion Skydance Merger
Paramount has begun layoffs affecting about 2,000 employees, or roughly 10% of its workforce, just months after completing its $8 billion merger with Skydance.

Dan Schulman Named Verizon CEO as Company Chases New Growth Era
Verizon has appointed former PayPal CEO Dan Schulman as its new chief executive, replacing Hans Vestberg, who will stay on as an advisor through 2026.

Tesla’s Mysterious Teasers Spark Rumors of a New Car
Tesla shares surged over 5% following the release of teaser videos on X, hinting at a potential new car launch.

The Dubai chocolate craze is now about much more than bars
Some flavor crazes flirt with us and fade. Others stay and make themselves at home.

GMC's Next Chapter: EVs, Hybrids, and What's Driving the Future
Jaclyn McQuaid, Global VP at GMC, shares what’s ahead as the brand shifts gears toward EVs and hybrids—and how innovation is fueling their next era.

Swift Strikes Gold at the Box Office
Taylor Swift’s The Official Release Party of a Showgirl dominated the weekend box office with a $33 million U.S. debut and nearly $46 million worldwide.

Hollywood in Tariff Trouble
President Trump’s call for a 100% tariff on films made outside the U.S. has rattled Hollywood and global trade allies.

Stocks Party While Washington Panics
Wall Street brushed off the shutdown drama, with the S&P 500 and Nasdaq posting modest weekend gains.

Inside the Lemonaid Health Buy: Kyle Pretsch on Bambu Ventures’s Bold Play
Bambu Ventures's Kyle Pretsch dives into Lemonaid’s $10M buyout, down from 23andMe’s $400M price tag, and what’s next after Chrome Co.’s dramatic pivot.

OpenAI and AMD Strike Billion-Dollar Chip Deal
OpenAI & AMD have struck a multiyear deal that could give OpenAI up to a 10% stake in the chipmaker, sending AMD shares up more than 35% in premarket trading.
