Business - Page 4

The latest updates and key developments from the business world.

December 10, 2025

Southwest explores launching its own lounge network

A push to capture premium travelers Southwest Airlines is weighing a major shift in its customer experience strategy: building a network of airport lounges. CEO Bob Jordan said in an interview that

December 9, 2025

Eli Lilly plans $6 billion plant in Alabama

New facility expands U.S. manufacturing footprint Eli Lilly announced Tuesday that it will invest $6 billion in a new manufacturing complex in Huntsville, Alabama, aimed at significantly increasing production of its experimental

December 5, 2025

Netflix to acquire Warner Bros Discovery for $72 billion

Streaming giant makes bold move into Hollywood’s studio elite Netflix has agreed to buy Warner Bros Discovery for $72 billion, gaining control of some of Hollywood’s most iconic film and TV franchises.

Trump and Nvidia set 15 percent levy on China sales

by Jamie Spencer

Negotiations reshape export policy for AI chips President Donald Trump said Monday that the U.S. government and Nvidia reached a revenue sharing arrangement tied to sales of the company’s China specific AI

August 11, 2025

Bed Bath & Beyond Returns With New Store Format

by Jamie Spencer

Iconic Brand Relaunches as Bed Bath & Beyond Home Bed Bath & Beyond has returned to the retail landscape in a new form following its 2023 bankruptcy. On Friday, the first Bed

August 8, 2025

Apple Shares Surge on $100B U.S. Investment Plan

by Jamie Spencer

Stock Posts Biggest Weekly Gain in Over Five Years Apple shares rose 13% this week, marking their largest weekly gain since July 2020, after CEO Tim Cook appeared alongside President Donald Trump

August 8, 2025

Toyota Cuts Forecast Amid U.S. Tariff Pressure

by Jamie Spencer

Profit Falls Despite Strong Revenue and Global Demand Toyota Motor has lowered its annual operating income forecast as U.S. import tariffs weigh on earnings. Although the company posted revenue of 12.25 trillion

August 7, 2025

Intel Faces Pressure After Trump Urges CEO to Resign

by Jamie Spencer

Leadership Under Scrutiny Amid Political Concerns Intel Corporation is under renewed pressure following public calls from former U.S. President Donald Trump for CEO Lip-Bu Tan to resign. Trump posted on Truth Social

August 7, 2025

Tesla Sales Crash in Europe Amid BYD Surge

by Jamie Spencer

Major declines in UK and Germany highlight ongoing struggles Tesla is facing sharp headwinds in Europe, with new data revealing steep sales declines in two of the continent’s key auto markets. The

August 5, 2025

Palantir Soars Past $1B in Revenue, Lifts Outlook

by Jamie Spencer

AI demand and U.S. contracts fuel record-breaking quarter Palantir Technologies has reported its strongest quarter to date, surpassing $1 billion in revenue for the first time and raising its full-year guidance. The

August 5, 2025

Berkshire Earnings Dip Amid Tariff Uncertainty

by Jamie Spencer

Q2 operating profit falls as insurance weakens Berkshire Hathaway reported a 4% drop in second-quarter operating earnings, totaling $11.16 billion. The decline was primarily driven by weaker insurance underwriting results, though other

August 4, 2025

Moderna Cuts Outlook as COVID Vaccine Sales Plunge 41%

by Jamie Spencer

Spikevax sales slump while seasonal demand delays revenue Moderna reported a 41% decline in quarterly sales, down to $114 million from $241 million a year earlier. The sharp drop is attributed to

August 1, 2025

Moderna to Cut 10% of Workforce Amid Declining Sales

by Jamie Spencer

Vaccine Market Pressures Force Restructuring Moderna announced Thursday that it plans to reduce its global workforce by approximately 10% before the end of the year. The company, which had around 5,800 full-time

July 31, 2025

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