Business
Meta Platforms is establishing a new class of non-voting stock to allow Mark Zuckerberg to potentially pay a proposed California wealth tax …
Airbnb is enacting new policies limiting the cleaning tasks hosts can require of guests, effective November 20. The changes prohibit request…
SpaceX reported a 161% increase in revenue over the past quarter, reaching $14.6 billion, driven by growth in its artificial intelligence an…
Tesla and SpaceX have formed special committees to explore a potential merger, a move Elon Musk said he believes would be a “good idea.” The…
Walmart on Tuesday announced a new combined membership for Walmart+ and Sam’s Club Plus, priced at $120 annually, in an effort to attract co…
Elon Musk announced plans to distribute one share of SpaceX stock to every child in the United States in 2027, a pledge potentially worth ov…
Oil prices climbed to $110 per barrel Friday, reaching levels not seen since May, while tech stocks experienced a significant sell-off, shed…
Chancellor John Healey is poised to increase taxes on banks in the upcoming UK budget on October 28th, seeking to offset rising government b…
The UK economy unexpectedly grew by 0.1% in August, a figure that Chancellor John Healey called a “sign of resilience” amid global economic …
Taiwan Semiconductor Manufacturing Co. (TSMC) posted a record third-quarter profit of NT$763.1 billion, exceeding estimates and marking its …
Anthropic, the artificial intelligence company behind the Claude chatbot, reported third-quarter revenue of $16.8 billion, a 45% increase fr…
U.S. inflation increased in September, driven by rising energy prices, the Labor Department said on Wednesday. The Consumer Price Index show…
The head of the International Monetary Fund is urging the U.S. and other wealthy nations to urgently address rising global debt levels, whic…
Netflix will lay off approximately 1,000 employees, roughly 6% of its workforce, in its largest round of job cuts since 2022. The cuts will …
Bank of America has been ordered to pay $1.2 billion to the Treasury Department for violating anti-money laundering and sanctions laws, mark…
Starbucks has stated it is not pursuing a takeover of Chipotle Mexican Grill, following reports last week that the coffeehouse chain had eva…
Robert E. Hall and Michael Woodford have been awarded the 2026 Nobel Memorial Prize in Economic Sciences for their work on models that incor…
Robert E. Hall and Michael Woodford have been awarded the 2026 Nobel Prize in Economic Sciences for their work developing the microeconomic …
Hurricane Isaias is disrupting U.S. crude oil production in the Gulf of Mexico, with companies shutting in roughly 1.3 million barrels per d…
Skydance has finalized its acquisition of Warner Bros. Discovery in a deal valued between $81 billion and $111 billion, creating a new Holly…
Seven of the world’s largest oil-exporting countries, Algeria, Iraq, Kazakhstan, Kuwait, Oman, Russia, and Saudi Arabia, agreed Sunday to ma…
Paramount Skydance has reached a settlement with a coalition of states that had sued to block its $110 billion merger with Warner Bros. Disc…
The Federal Reserve on Wednesday raised its benchmark interest rate, signaling a departure from the low-interest, low-inflation environment …
Ryanair CEO Michael O'Leary has issued an apology for comparing rival airlines to “rapists,” a statement he initially refused to retract. O’…
Warren Buffett, 96, has stepped down as chairman of Berkshire Hathaway, a $1 trillion conglomerate he has led since 1965. He will become cha…
The US Federal Reserve on Wednesday raised its benchmark interest rate by a quarter-percentage point to a range of 3.75% to 4%, the first in…
The Federal Reserve on Wednesday raised its benchmark interest rates by 0.25% to a target range of 3.75% to 4.00%, the first increase since …
Prime Minister Mark Carney is actively promoting Canada as a destination for global investment, emphasizing its energy resources, critical m…
Oil prices surged above $100 a barrel on Wednesday for the first time since July, driven by escalating conflict between the United States an…
Jaguar Land Rover (JLR) plans to cut around 4,000 jobs over the next two years as it seeks to save £1.7 billion, citing intense competition …
The U.S. economy added 162,000 jobs in August, a figure significantly higher than the 55,000 economists had predicted, while the unemploymen…
The average nationwide price of diesel fuel reached an all-time high of $5.85 per gallon Friday, according to AAA’s gas price tracker. This …
Chevron plans to invest $7 billion in Venezuela over the next five years to more than double its oil production in the Orinoco Belt region, …
Treasury Secretary Scott Bessent said Tuesday that 19 members of the G20 agreed to address streams of “cheap exports” that contribute to glo…
Federal Reserve Chair Kevin Warsh indicated Friday that further interest rate hikes may be necessary to bring inflation down to the Fed’s 2%…
Canada announced Tuesday it will impose retaliatory tariffs on $20 billion worth of United States goods, matching dollar-for-dollar new duti…
