Browsing: Business
Elon Musk’s SpaceX on Wednesday filed paperwork to go public next month, aiming for an out-of-this-world valuation projected around $1.5 trillion – the biggest IPO in history. The filing for…
Federal Reserve officials’ concerns about inflation being stoked by the Iran war intensified last month, with a growing number of them saying the central bank should lay the groundwork for…
PepsiCo is preparing to raise prices on some of its smaller bags of chips due to higher expenses in the US, Bloomberg News reported on Wednesday. The planned increases were prompted by higher production,…
Wall Street regulators are investigating a batch of suspiciously well-timed oil trades worth more than $800 million amid mounting accusations of insider trading connected to the Iran war, according to…
President Donald Trump has added an unexpected company to his investment portfolio — an Irvine-based sushi chain known for serving dishes on conveyor belts, for robot servers and anime-themed prizes. Financial…
A freshly axed Meta employee warned yet another round of cuts will follow Wednesday’s brutal layoffs in the months ahead — despite assurances from CEO Mark Zuckerberg that this year’s…
Amazon founder Jeff Bezos said Wednesday the bottom half of earners should pay zero federal income taxes – arguing it’s unnecessary for struggling families to cough up their hard-earned dough…
Paramount Skydance is reportedly aiming to finalize its merger with Warner Bros. Discovery as soon as July. Paramount, home to CBS, Paramount Pictures and Paramount+, is internally eyeing July 15…
James Murdoch’s Lupa Systems said Wednesday it has inked a deal to buy New York magazine, Vox Media’s podcast network and news site Vox.com. Terms of the sale, which covers…
Mark Zuckerberg’s Meta on Wednesday kicked off a major bloodbath with 8,000 layoffs – among the largest in the social media giant’s history – as a disruptive shift toward artificial…