GM said it would record about $6 billion in fourth-quarter charges tied to scaling back EV plans in the US. REBECCA COOK/Reuters GM says it will take a $6 billion hit tied to scaling back its EV strat...
Powell typically abstains from directly engaging with Trump's personal attacks. Al Drago/Getty Images Chair Jerome Powell released a rare video after he said the Fed had received grand jury subpoenas....
Toys R Us was one of the dominant toy retailers of the 1990s and early 2000s. Artur Widak/NurPhoto via Getty Images Toys R Us opened pop-up stores at some US malls this holiday season . The retailer h...
Jensen Huang, Jeff Bezos, and Mary Barra all started far from the top. Getty Images Many of the world's most powerful business leaders began their careers in more humble ways. From Jensen Huang workin...
California-based Grocery Outlet has opened more stores in the Eastern US over the past few years. Alex Bitter/BI Grocery Outlet is opening new stores, especially in the Eastern US. The chain touts its...
Meta says its $800 glasses are selling out quickly. Meta Meta says there's high demand for its Ray-Ban Display glasses, with waitlists extending into 2026. Meta said Tuesday that it's pausing on a wid...
On Wednesday evening, Apple announced that JPMorgan Chase will become the new issuer of Apple Card, replacing Goldman Sachs, which has backed the company's credit cards since their launch in 2019 . Th...
The proposal narrows Florida’s crypto ambitions, effectively limiting eligible assets to Bitcoin and distancing itself from pension exposure....
Fidelity International calls AI “the defining theme for equity markets” in the coming year....
Metals magnate Barry Zekelman says Ottawa must join Trump in protecting industry from other exporters...
📋 Key Facts ✓ Alphabet is set to pay $4.75 billion in cash, plus debt, for Intersect Power. ✓ Intersect Power is a data center and clea...
📋 Key Facts ✓ US consulates are rescheduling H-1B and H-4 visa appointments up to June or November 2026. ✓ New online presence reviews,...
Morgan Stanley named 184 new managing directors this week — here's the full list. Mike Kemp/In Pictures via Getty Images Morgan Stanley announced the names of 184 new managing directors on Frida...
US banks are positioning themselves for long-term opportunities in energy and infrastructure...
Morgan Stanley analysts predict roles in back and middle offices will bear brunt...
Teresa Ribera says Europe’s competitiveness depends on resisting calls to roll back rules...
Standard Chartered is reportedly planning a crypto prime brokerage platform as banks expand digital asset services....
Amazon is pushing forward with its own brand of chips called Trainium. Noah Berger/Getty Images for Amazon Web Services Amazon rolled out a manager dashboard that tracks the time corporate employees s...
The short-term outlook doesn't bode well with regards to GPU pricing. PCMag and other outlets have reported that Nvidia may cut back production on its consumer graphics cards by up to 30%-40% due to t...
Swiss private banks report rising demand from Asian family offices and rich individuals to book assets in Europe...