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Categories Business News

Trump administration alleges Nike discriminated against white workers

February 5, 2026

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

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Categories Business News

Elon Musk’s SpaceX acquires xAI

February 4, 2026

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

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Categories Business News

Amazon slashes another 16,000 jobs

January 30, 2026

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

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Categories Business News

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

January 27, 2026

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

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Categories Business News

Valentino, founder of Italian luxury empire, dies at 93

January 21, 2026

ROME — Italian fashion designer Valentino Garavani has died, his foundation said Monday. Usually known only by his first name, Valentino was 93,

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Categories Business News

Saks files for bankruptcy as luxury market struggles

January 16, 2026

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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Categories Business News

Warner Bros. Discovery rejects Paramount’s amended takeover offer

January 11, 2026

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

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Categories Business News

Trump Media to merge with nuclear fusion company

December 21, 2025

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

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Categories Business News

Shopify says a daylong Cyber Monday outage has been resolved

December 4, 2025

Outages on Shopify’s e-commerce platform have been resolved, the company said late Monday, bringing to an end a daylong glitch on the

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Categories Business News

Prada Group says it has purchased fashion rival Versace in a deal worth nearly $1.4 billion

December 4, 2025

MILAN — The Prada Group announced Tuesday that it has officially purchased Milan fashion rival Versace in a 1.25 billion euro (nearly

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