-
Panama Court Ruling on Canal Ports Looms as US-China Tensions Rise
A ruling expected soon from Panama's Supreme Court could determine who controls two major ports at either end of the Panama Canal, a decision carrying significant implications for U.S.-China competition and American strategic interests in the region.
-
Saks CEO Richard Baker Leaving After Just Two Weeks
Luxury retailer Saks Global's CEO Richard Baker is departing less than two weeks after taking over the top job, Bloomberg News reported Tuesday.
-
Trump Touts Manufacturing on Michigan Ford Factory Tour
President Donald Trump toured an assembly line making Ford F-150 pickups on Tuesday, part of a Michigan trip meant to promote his efforts to boost U.S. manufacturing and counter fears about a weakening job market...
-
Bargain Grocer Aldi Seizes the Moment and Expands
The discount grocery chain Aldi is expanding rapidly and plans to open more than 180 U.S. stores this year as more Americans skip nights out at restaurants and cook at home due to anxiety over the nation's economy.
-
Pentagon to Invest $1B in L3Harris Rocket Motor Business, Shares Surge
The U.S. government will invest $1 billion in L3Harris Technologies' growing rocket motor business, guaranteeing a steady supply of the much-needed motors used in a wide range of missiles such as Tomahawks and Patriot interceptors.Shares were up 11.4% in pre-market trading...
-
Trump to Visit Ford Factory, Promote Manufacturing in Detroit
President Donald Trump will travel to Michigan on Tuesday to promote his efforts to boost U.S. manufacturing, trying to counter fears about a weakening job market and worries that still-rising prices are taking a toll on Americans' pocketbooks.
-
Hegseth Tells Lockheed Martin It's Time to Step Up
Secretary of War Pete Hegseth told employees of Lockheed Martin on Monday that it's time to "step up" at a visit of the company's jet production plant in Fort Worth, Texas.
-
Citigroup to Cut 1,000 Jobs This Week
Citigroup is preparing to cut about 1,000 jobs this week, the latest step in Chief Executive Jane Fraser's multiyear effort to slim down the sprawling Wall Street bank, rein in costs and improve returns after years of underperformance, Bloomberg reports.
-
Meta to Lay Off 10% of Reality Labs Workforce
Meta is preparing another round of job cuts - this time aimed squarely at the division that once embodied Chief Executive Mark Zuckerberg's boldest bet on the future of the internet.
-
Apple Turns to Gemini AI to Power Siri, AI Products
Apple is turning to Google's Gemini artificial intelligence models to power the next generation of Siri and other AI-driven features across its products, marking a major shift for the iPhone maker as it ramps up its long-awaited push into generative AI, CNBC reports.
-
Paramount Sues Warner Over Netflix Bid
Paramount is escalating its high-stakes bid for Warner Bros. Discovery, taking the fight from the boardroom to the courtroom as millions of Americans watch closely-many of them subscribers to both Netflix and Warner-owned platforms, The Hollywood Reporter reports.
-
Mattel Unveils First Autistic Barbie
Mattel Inc. on Monday is rolling out its first Barbie designed to represent autism, the latest addition to the company's Barbie Fashionistas lineup aimed at showcasing a wider range of abilities, appearances, and medical conditions.
-
Fmr Trump Adviser Dina Powell McCormick Joins Meta as President, Vice Chairman
Meta Platforms on Monday named Dina Powell McCormick as its president and vice chairman, weeks after the former top adviser to President Donald Trump resigned from the social media company's board.
-
Apple Rules Smartphones With 20% Global Market Share
Global smartphone shipments rose 2% year-on-year in 2025, lifted by stronger demand and economic momentum in emerging markets, Counterpoint Research said Monday.
-
Walmart, Wayfair Bring Shopping to Google's Gemini AI
Google said Sunday that it is expanding the shopping features in its AI chatbot by teaming up with Walmart, Shopify, Wayfair and other big retailers to turn the Gemini app into a virtual merchant as well as an assistant.
-
Report: UnitedHealth Used Aggressive Tactics to Boost Medicare Payments
Health insurer UnitedHealth Group used aggressive tactics to gather diagnoses that can boost Medicare Advantage payments, the Wall Street Journal reported on Monday, citing a U.S. Senate committee investigating the company's practices.
-
Trump Warns Credit Card Firms Over Jan. 20 Rate Cap
President Donald Trump said Sunday that credit card companies would be in violation of the law if they fail to meet his Jan. 20 demand for a 10% interest rate cap, despite legal experts saying such a move would require new legislation from Congress.
-
Nikki Glaser Takes Swings at CBS in Golden Globes Monologue
Nikki Glaser went hard then eased up in her monologue to open Sunday's Golden Globes. In her earliest jokes she suggested stars in the room might be in the Epstein Files and took a shot at CBS, the network airing the show.
-
Trump to Talk to Musk About Restoring Internet in Iran
President Donald Trump said on Sunday he plans to speak with billionaire Elon Musk about restoring internet in Iran, where authorities have blacked out services for four days amid ongoing anti-government protests.
-
Ackman: US to Overcome Debt Through Growth
The U.S. will overcome its debt through growth, not through paying off the debt, hedge fund manager Bill Ackman said at the UBS Asia Wealth Forum conference on Monday.
-
Trump May Veto Extension of Obamacare Subsidies
President Donald Trump said on Sunday he might veto legislation to extend federal health insurance subsidies, injecting fresh uncertainty into a debate that has pitted congressional Republicans against Democrats and threatened to raise premiums for millions of Americans.
-
Trump: Stop Netflix's 'Cultural Takeover'
President Donald Trump sharply escalated his criticism of Netflix on Sunday, blasting the streaming giant in a Truth Social post that shared a One America News (OAN) commentary warning against Netflix's proposed acquisition of Warner Bros. Discovery (WBD).
-
Trump 'Inclined' to Keep ExxonMobil Out of Venezuela
President Donald Trump said Sunday he's "inclined" to keep ExxonMobil out of Venezuela after its top executive was skeptical about oil investment efforts in the country after the toppling of dictator Nicolas Maduro. "I didn't like Exxon's response," Trump told reporters.
-
Prediction Markets in Spotlight After $400K Maduro Wager
Prediction markets let people wager on anything from a basketball game to the outcome of a presidential election , and recently the downfall of Venezuelan President Nicolas Maduro.
-
Allegiant to Acquire Sun Country Airlines for $1.5B
Low-cost airline Allegiant will acquire Sun Country Airlines in a deal valued at about $1.5 billion, including debt, the companies said Sunday.