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Business
Amazon shares slide as $200 billion outlay fans fears over AI returns
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Amazon shares slid after the company outlined a $200 billion AI spending plan, reigniting investor concerns over Big Tech returns.
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US job openings fall to 6.5 million, fewest since 2020, as labor market remains sluggish
U.S. job openings fell to 6.5 million in December, the lowest since 2020, signaling a sluggish labor market despite strong growth.
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Renters use ‘rent now, pay later’ services to manage monthly payments, but fees raise concerns
Renters are turning to rent now, pay later services to manage costs, but fees and high interest rates raise growing concerns.
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Disney parks chief Josh D’Amaro named to succeed Bob Iger as CEO
Disney names parks chief Josh D’Amaro to succeed Bob Iger as CEO, ending a lengthy succession search at the entertainment giant.
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NHTSA expands probe into about 1.3 million Ford F-150 pickups over transmission issues
NHTSA expands a safety probe into about 1.3 million Ford F-150 pickups over reports of unexpected downshifts and rear-wheel lockup.
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Trump names former Federal Reserve official Warsh as the next Fed chair to replace Powell
Trump nominates former Fed governor Kevin Warsh as the next Federal Reserve chair, signaling a potential shift in U.S. monetary policy.
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Federal Reserve may keep rates unchanged for months as economy shows signs of health
The Federal Reserve is expected to hold interest rates steady for months as inflation lingers and the US economy shows signs of stability.
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UPS to cut another 30,000 jobs as it doubles down on turnaround
UPS plans up to 30,000 job cuts in 2026 as it pivots to higher-margin deliveries and forecasts stronger revenue.
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More than 11,400 flights canceled Sunday as massive winter storm sweeps across US
A massive winter storm triggers over 11,000 flight cancellations, crippling major U.S. airports and disrupting travel nationwide.
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Novo’s Wegovy pill hits over 18,000 US prescriptions in strong debut week
Novo Nordisk’s Wegovy pill logged over 18,000 U.S. prescriptions in its first full week, signaling strong early demand.
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Paramount extends deadline on hostile Warner Bros bid to February 20
Paramount extends its hostile bid for Warner Bros as Netflix pushes an all-cash offer in a high-stakes Hollywood takeover battle.
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What to know about FDA’s review of new Zyn advertising proposal
Americans who smoke may soon be hearing a lot more about Zyn, the flavored nicotine pouches that have generated billions in sales while going viral on...
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Netflix co-CEOs go on defensive over $83 billion Warner Bros deal
Netflix's co-CEOs found themselves in an unusual position after the company's latest earnings report: on the backfoot.
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Netflix revises its offer for Warner Bros. Discovery to make it an all-cash transaction
Netflix is revising its $72 billion offer for Warner Bros. Discovery to make it an all-cash transaction.
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Wall Street strengthens as Big Tech bounces back and oil prices ease
Wall Street is strengthening as tech stocks bounce back following an encouraging report from a Taiwanese chip giant and as oil prices ease sharply.
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Luxury retailer Saks seeks bankruptcy protection overwhelmed by debt
The private company said that stores will remain open as it restructures company debt, meaning that it will honor the programs it has for customers.
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Ro partners with Amgen to study barriers to obesity care, GLP-1 access
The study will use data to track insurance coverage as well as prior authorization requirements for GLP-1 drugs such as Ozempic and Zepbound.
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Uber faces sexual assault trial in Arizona that puts its safety record under scrutiny
Uber is set to face trial in a lawsuit brought by a woman who says she was sexually assaulted by a driver she booked through the app.
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