Business - Page 3

The latest updates and key developments from the business world.

April 17, 2026

Uber Eats Turns Returns Into A Delivery Service

Uber is expanding further beyond rides and restaurant orders by turning one of online shopping’s most frustrating chores into an on-demand service. Through a new returns feature in Uber Eats, customers can

April 16, 2026

Spirit Airlines Faces A New Threat As Liquidation Fears Grow

Spirit Airlines is once again confronting the possibility that its recovery may not hold. After struggling through a second bankruptcy in less than a year, the ultra-low-cost carrier is now facing renewed

April 15, 2026

Allbirds Abandons Shoes For An Ai Pivot

Allbirds has made one of the most dramatic strategic turns seen on the market in some time, announcing that it is shifting away from footwear and toward artificial intelligence infrastructure. The move

Alphabet Expands Bond Sale Past $30 Billion

by Jamie Spencer

Strong investor demand supports larger issuance Alphabet is set to finalize a global bond issuance exceeding $30 billion, according to people familiar with the matter, marking a significant increase from the $20

February 10, 2026

Eli Lilly Acquires Orna to Expand Cancer Technology

by Jamie Spencer

Deal adds in-body cell engineering platform Eli Lilly announced an agreement to acquire Orna Therapeutics for up to $2.4 billion in cash, advancing its push into next-generation cancer and immunology treatments. The

February 9, 2026

German police search Deutsche Bank offices

by Jamie Spencer

Money laundering investigation targets Frankfurt and Berlin German police carried out searches at Deutsche Bank offices in Frankfurt and Berlin on Wednesday as part of an investigation into suspected money laundering, according

January 28, 2026

JPMorgan and BofA match $1,000 child savings plan

by Jamie Spencer

Major banks join government-backed pilot program JPMorgan Chase and Bank of America announced on Wednesday that they will match the U.S. government’s one-time $1,000 contribution to retirement-style savings accounts for eligible employees’

January 28, 2026

UPS plans 30,000 more job cuts amid Amazon exit

by Jamie Spencer

Cost reductions tied to operational overhaul United Parcel Service announced Tuesday that it plans to cut up to 30,000 additional jobs this year as part of its ongoing effort to scale back

January 27, 2026

GM to move Buick SUV production from China to Kansas

by Jamie Spencer

Production shift driven by tariffs and policy pressure General Motors announced on Thursday that it will relocate production of a Buick sport utility vehicle currently built in China to the United States

January 23, 2026

Stellantis CEO focuses on execution and U.S. market recovery

by Jamie Spencer

Stellantis CEO Antonio Filosa is pushing ahead with a sales turnaround plan for the automaker, with a particular focus on restoring U.S. market share for its Jeep and Ram brands after years

January 19, 2026

JPMorgan takes over Apple Card from Goldman Sachs

by Jamie Spencer

Deal reshapes Apple Card’s banking partnership JPMorgan Chase has reached an agreement to assume control of the Apple credit card portfolio, taking over from Goldman Sachs, the original issuer of the product.

January 12, 2026

GM to book $7.1bn EV and China restructuring charges

by Jamie Spencer

Fourth-quarter writedowns tied to EV strategy reset General Motors said Thursday it will record $7.1 billion in special charges for the fourth quarter of last year, reflecting a pullback in its electric

January 9, 2026

Ford boosts U.S. sales on hybrids and affordable models

by Jamie Spencer

Annual growth offsets slowdown in electric vehicles Ford reported higher vehicle sales in the United States in 2025, supported by strong consumer demand for its hybrid lineup and more affordable pickup trucks.

January 6, 2026

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