Category: Economy

Elon Musk’s SpaceX acquires xAI
Amazon slashes another 16,000 jobs
Trump sues JPMorgan Chase and CEO Jamie Dimon for $5B over alleged ‘debanking’
Valentino, founder of Italian luxury empire, dies at 93
Saks files for bankruptcy as luxury market struggles
Warner Bros. Discovery rejects Paramount’s amended takeover offer
Trump Media to merge with nuclear fusion company
Prada Group says it has purchased fashion rival Versace in a deal worth nearly $1.4 billion
Shopify says a daylong Cyber Monday outage has been resolved
Apple’s AI chief abruptly steps down
Starbucks to pay about $35M to NYC workers to settle claims it violated labor law
Airbus says most of its recalled 6,000 A320 jets are now modified
Campbell’s fires executive accused of racist remarks and labeling food for ‘poor people’
Stock market sinks as AI and interest rate worries grip investors
Bitcoin and other crypto assets sink in flight from risk
U.S. added 119,000 jobs in September, but there are signs of a weakening labor market
Bargain hunters drive Walmart sales and outlook higher
What AI bubble? Nvidia’s strong earnings signal there’s more room to grow