Amazon Announces HQ2 Short List, Apple Plans Big U.S. Investment
Apple is planning to invest big in the U.S. economy over the next five years. The company announced a $350 billion dollar investment, including the construction of a new campus and the addition of 20,000 new jobs. President Donald Trump is taking credit for this move because of the new tax reform legislation.
Amazon announces a list of 20 candidates for its HQ2. Some of the cities still in the running are Atlanta, Washington D.C., Miami, Los Angeles, and Chicago, just to name a few. The company will make a final decision later this year.
Shari Redstone is pushing for a CBS/Viacom merger. The media mogul is reportedly courting new candidates for the CBS board who will support the reunion. CBS and Viacom have been separated for more than 10 years, but rumors have been swirling ever since about a potential reunion.
Plus, will SurveyMonkey pursue an IPO later this year? So far, no banks have been named to lead the listing, but sources say that talks are "heating up." The polling company was last valued at $2 billion.
Unpacking Jerome Powell’s surprise rate cut with Tematica Research CIO Chris Versace—what it signals, who wins, who loses, and what smart investors do now.
Ben & Jerry’s co-founder Jerry Greenfield is leaving the ice cream brand after 47 years. He says the freedom the company used to have to speak up on social issues has been stifled
The Trump administration has issued its first warnings to online services that offer unofficial versions of popular drugs like the blockbuster obesity treatment Wegovy.
Oracle soars as it cashes in on the AI boom, Plus: Starbucks shares continue to fall under its new CEO, and does anybody actually want a new iPhone Air?
Swedish buy now, pay later company Klarna is making its highly anticipated public debut on the New York Stock Exchange Wednesday, the latest in a run of high-profile initial public offerings this year. The offering priced at $40 Tuesday, above the forecasted range of $35 to $37 a share, valuing the company at more than $15 billion. The valuation easily makes Klarna one of the biggest IPOs so far in 2025, which has been one of the busier years for companies going public. Other popular IPOs so far this year include the design software company Figma and Circle Internet Group, which issues the USDC stablecoin..
