Category: Economy

Elon Musk’s SpaceX acquires xAI
Amazon slashes another 16,000 jobs
Trump sues JPMorgan Chase and CEO Jamie Dimon for $5B over alleged ‘debanking’
Valentino, founder of Italian luxury empire, dies at 93
Saks files for bankruptcy as luxury market struggles
Warner Bros. Discovery rejects Paramount’s amended takeover offer
Trump Media to merge with nuclear fusion company
Shopify says a daylong Cyber Monday outage has been resolved
Starbucks to pay about $35M to NYC workers to settle claims it violated labor law
Airbus says most of its recalled 6,000 A320 jets are now modified
Campbell’s fires executive accused of racist remarks and labeling food for ‘poor people’
Bitcoin and other crypto assets sink in flight from risk
Bargain hunters drive Walmart sales and outlook higher
What AI bubble? Nvidia’s strong earnings signal there’s more room to grow
Longtime Walmart CEO to step down in January
More than 1,000 Starbucks workers strike at 65 stores on Red Cup Day
October monthly job cuts surged to a 22-year high
Yum Brands begins strategic review for struggling Pizza Hut chain