Business
All the latest news stories about the business world: mergers, IPOs, trends, personalities, and more
Mass Layoffs Spill Across Industries
2025 has seen wave after wave of job cuts, hitting firms from tech to retail, including Exxon, Starbucks, Oracle, Nike, and Scale AI.
Tesla Rolls Out Standard Versions of Models Y and 3
Tesla rolled out “Standard” versions of its Model Y and Model 3 with starting prices of about $39,990 and $36,990, respectively.
Gold Breaks $4,000 and People Are Paying Attention
Gold futures briefly touched $4,000 an ounce for the first time ever marking a major new milestone in the precious metals market.
Intercontinental Exchange “Goes Bullish” on Prediction Markets
Intercontinental Exchange, the parent company of the New York Stock Exchange, plans to invest up to $2 billion in Polymarket.
Markets, Mayhem, and the Fed: What Q4 Could Bring
Markets are emerging from a turbulent Q3. Horizon’s Mike Dickson shares insights on interest rates, small caps, and where investors should look in Q4 and beyond
Fifth Third to Acquire Comerica in $10.9B Deal
Fifth Third Bancorp announced it will acquire Comerica in a $10.9 billion all-stock deal, creating the ninth-largest U.S. bank with $288 billion in assets.
Cerebras Backtracks on IPO, Cites Rapid A.I. Growth and Strategy Shift
Cerebras CEO Andrew Feldman acknowledged the company mishandled communication around its IPO withdrawal last week.
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.
Tech leader who navigated the internet’s 90s crash weighs in on AI
Former Cisco Systems CEO John Chambers learned all about technology’s volatile highs and lows as a veteran of the internet’s early boom days during the late 1990s and the ensuing meltdown that followed the mania. And now he is seeing potential signs of the cycle repeating with another transformative technology in artificial intelligence. Chambers is trying take some of the lessons he learned while riding a wave that turned Cisco into the world's most valuable company in 2000 before a crash hammered its stock price and apply them as an investor in AI startups. He recently discussed AI's promise and perils during an interview with The Associated Press.
