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Economy

Trump Media to merge with nuclear fusion company

Trump Media & Technology will merge with a fusion power company in an all-stock deal that the companies said Thursday is valued at

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Economy

Warner Bros. Discovery rejects Paramount’s amended takeover offer

Warner Bros. Discovery on Wednesday rejected Paramount Skydance’s amended takeover offer, the latest in a series of rejections in David Ellison’s pursuit of

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Economy

Saks files for bankruptcy as luxury market struggles

The company that owns the iconic luxury retailer Saks Fifth Avenue filed for bankruptcy late Tuesday. The move comes after Saks Global struggled

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Economy

Trump sues JPMorgan Chase and CEO Jamie Dimon for $5B over alleged ‘debanking’

President Donald Trump on Thursday filed a $5 billion lawsuit against JPMorgan Chase and its CEO Jamie Dimon, claiming that the bank improperly

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Economy

Amazon slashes another 16,000 jobs

Amazon said Wednesday it was slashing another 16,000 jobs across the company in an ongoing bid to restructure the sprawling trillion-dollar firm. ‘The

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Economy

Elon Musk’s SpaceX acquires xAI

SpaceX on Monday acquired xAI, the artificial intelligence startup that also owns the X social media platform, in a deal combining two companies

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Economy

The architect of Amazon’s supply chain on running a startup with your spouse

For at least two decades, former Amazon executive Dave Clark ended his work week the same way: a standing Friday date night with

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Economy

Trump administration alleges Nike discriminated against white workers

The U.S. Equal Employment Opportunity Commission said Wednesday that it is investigating Nike for allegedly discriminating against white workers. The agency that polices

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