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Elon Musk’s SpaceX acquires xAI

Author admin February 4, 2026

SpaceX on Monday acquired xAI, the artificial intelligence startup that also owns the X social media platform, in a deal combining two

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Categories Business

Amazon slashes another 16,000 jobs

Author admin January 30, 2026

Amazon said Wednesday it was slashing another 16,000 jobs across the company in an ongoing bid to restructure the sprawling trillion-dollar firm.

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Categories Business

Trump sues JPMorgan Chase and CEO Jamie Dimon for $5B over alleged ‘debanking’

Author admin January 27, 2026

President Donald Trump on Thursday filed a $5 billion lawsuit against JPMorgan Chase and its CEO Jamie Dimon, claiming that the bank

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Categories Business

Valentino, founder of Italian luxury empire, dies at 93

Author admin January 21, 2026

ROME — Italian fashion designer Valentino Garavani has died, his foundation said Monday. Usually known only by his first name, Valentino was 93,

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Categories Business

Saks files for bankruptcy as luxury market struggles

Author admin January 16, 2026

The company that owns the iconic luxury retailer Saks Fifth Avenue filed for bankruptcy late Tuesday. The move comes after Saks Global struggled

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Categories Business

Warner Bros. Discovery rejects Paramount’s amended takeover offer

Author admin January 11, 2026

Warner Bros. Discovery on Wednesday rejected Paramount Skydance’s amended takeover offer, the latest in a series of rejections in David Ellison’s pursuit

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Categories Business

Trump Media to merge with nuclear fusion company

Author admin December 21, 2025

Trump Media & Technology will merge with a fusion power company in an all-stock deal that the companies said Thursday is valued

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Categories Business

Shopify says a daylong Cyber Monday outage has been resolved

Author admin December 4, 2025

Outages on Shopify’s e-commerce platform have been resolved, the company said late Monday, bringing to an end a daylong glitch on the

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Categories Business

Airbus says most of its recalled 6,000 A320 jets are now modified

Author admin December 2, 2025

PARIS — Airbus fleets were returning toward normal operations on Monday after the European plane maker pushed through abrupt software changes faster

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Categories Business

Campbell’s fires executive accused of racist remarks and labeling food for ‘poor people’

Author admin November 29, 2025

Campbell’s has fired an executive accused of making racist comments and mocking its products and customers, the company announced on Wednesday. The termination

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