Stock Market News

Meta layoffs clash with massive exec pay plan

Job cuts and billion-dollar incentives highlight a company in transition toward artificial intelligence Meta has entered another turbulent phase, cutting hundreds of jobs while simultaneously unveiling an executive compensation plan that could

Meta faces legal blows as pressure builds

Two courtroom defeats deepen scrutiny of the company’s platforms just as investors

Greenland separatists break through in Denmark vote

Naleraq wins its first seat in Copenhagen at a sensitive political moment

Amex adds ChatGPT credit to business cards

New perk could be useful, but only for firms already paying for

Euro zone stalls as energy shock bites

Business surveys show war-driven cost pressure is already hitting activity Private sector

Finance

Trump files $5bn lawsuit against JPMorgan and Dimon

Lawsuit alleges political debanking U.S. President Donald Trump on Thursday filed a $5 billion lawsuit against JPMorgan Chase and its chief executive Jamie Dimon, accusing the bank of unlawfully closing several of

Natural gas prices jump as Arctic cold grips the U.S.

Energy markets react to extreme winter forecast Natural gas prices surged sharply on Wednesday as forecasts pointed to an intense

UK court backs regulator on cross-border card fee caps

Payments firms lose challenge against UK watchdog Mastercard, Visa and British fintech Revolut have lost a legal challenge against Britain’s

U.S. Holiday Retail Sales Rise as Shoppers Seek Deals

Spending grows despite tighter household budgets U.S. retail sales have climbed by roughly 4% so far this holiday season, reflecting

RBC boosts dividend as record results fuel global ambitions

Strong earnings power a higher payout for shareholders Royal Bank of Canada reported a record fourth quarter, prompting its board

Business

UBS struggles to steady its US wealth business

Asset outflows and adviser losses cloud a key turnaround effort UBS is running into growing resistance in its effort to rebuild its US wealth

Nvidia Moves to Restart China H200 Shipments

Jensen Huang says manufacturing is being switched back on Nvidia is preparing

Lucid Targets Positive Cash Flow Later This Decade

Lucid Group told investors it expects to reach positive cash flow later

Six Flags to sell seven parks to EPR for $331 million

Portfolio reshuffle targets higher-return properties Six Flags Entertainment said Thursday it will

Ford Recalls 412,000 Explorer SUVs in U.S.

Rear Suspension Defect Prompts Major Recall Ford Motor Company is recalling 412,774

Stellantis Posts Record Loss Amid EV Reset

Massive Write-Downs Drive Annual Deficit Stellantis reported its first-ever annual net loss

Paramount Raises Bid for Warner Bros. Discovery

All-cash offer lifted to $31 per share Warner Bros. Discovery said Tuesday

Technology

Arm breaks with its old model through a new AI chip

New processor marks a break from the company’s old licensing-only model Arm Holdings has taken a major strategic step by unveiling a new artificial intelligence processor for data centers, a move that