Starlink Becomes SpaceX’s Profit Engine
The Growth Story Behind The IPO SpaceX is best known for reusable rockets and its high-profile push into artificial intelligence through its merger with xAI. But as Elon Musk’s company prepares investors
Schlitz Beer Retired After 177 Years
A Milwaukee Icon Reaches Its End Schlitz beer, one of Milwaukee’s most historic brands and once the largest brewer in America, is being retired after 177 years. Pabst Brewing Company, which owns
Meta Layoffs Deepen AI Workforce Anxiety
A Different Tone From Zuckerberg Meta is preparing another major round of job cuts, but the message from the top is different from the one employees heard during the company’s first post-pandemic
U.S. may take stake in Intel to boost chip production
Talks with Trump administration lift shares Intel’s shares rose 7% on Thursday after Bloomberg reported that the Trump administration is in discussions to acquire a stake in the company. The move would
Kodak Warns of Uncertain Future After 133 Years
Company issues going concern warning Eastman Kodak has raised alarm over its financial stability, cautioning that it may struggle to continue operating without a viable plan to meet upcoming debt obligations. In
Ford bets $2B on Kentucky plant for new EV era
From gas heritage to electric future Ford Motor Company is committing nearly $2 billion to transform its Louisville Assembly Plant in Kentucky into a hub for electric vehicle production. After seven decades
Trump and Nvidia set 15 percent levy on China sales
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
Bed Bath & Beyond Returns With New Store Format
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
Apple Shares Surge on $100B U.S. Investment Plan
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
Toyota Cuts Forecast Amid U.S. Tariff Pressure
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
Intel Faces Pressure After Trump Urges CEO to Resign
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
Tesla Sales Crash in Europe Amid BYD Surge
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
Palantir Soars Past $1B in Revenue, Lifts Outlook
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