Bitcoin Price Struggles at $90K as Christmas Trading Nears
π Key Facts β Bitcoin price briefly crossed $90,000 from $88,000 during Asian and European trading before retreating. β Futures open in...
π Key Facts β Bitcoin price briefly crossed $90,000 from $88,000 during Asian and European trading before retreating. β Futures open in...
Workers in six more states will see their minimum wages hit $15. Jeffrey Greenberg/Universal Images Group via Getty Images Nineteen states will raise their minimum wages in January, affecting over 8 m...
π Key Facts β ETHZilla liquidated $74.5 million in Ether. β The liquidation was to redeem convertible debt. β T...
The restaurant industry is grappling with major changes this year — and there are big questions about finances, consumer behavior, and labor issues on operators' minds. Scott Suchman/For The Was...
Walmart CEO Doug McMillon (R) is handing over the top job to John Furner in the new year. Walmart 2025 has been a big year for retail CEO transition announcements. Roughly 45 retailers said they are c...
π Key Facts β Alphabet is set to pay $4.75 billion in cash, plus debt, for Intersect Power. β Intersect Power is a data center and clea...
Oscar Rachmansky Bryan Toro Oscar Rachmansky grew OS Group into a $40 million B2B sneaker wholesaler by 2025. OS Group thrived during market downturns by targeting inefficiencies in sneaker supply cha...
Wall Street CEOs Jamie Dimon, Jane Fraser, and David Solomon. AP Bank CEOs have praised the epochal efficiency changes promised by AI. But what does efficiency mean for employees? Does it mean fewer j...
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...
Avelo Airlines has faced backlash for its decision to operate deportation flights for the Trump Administration. Roy De La Cruz/SOPA Images/LightRocket via Getty Images Avelo Airlines started operating...
Meta's Reality Labs team is expected to lose around 10 percent of its staff, with layoffs concentrated on the division's metaverse employees, as reported by The New York Times . The layoffs are appare...
Sephora uses AI to recommend skincare products. Smith Collection/Gado/Getty Images Major retailers, such as Walmart and Target, are integrating AI into their shopping experiences. Retailers have partn...
New York Mets owner Steve Cohen has diversified his asset manager. Rich Storry/Getty Images James Malick, Point72's chief strategy officer, recently departed the hedge fund. Malick joined in 2023 afte...
Chip Somodevilla/Getty Images President Donald Trump asks tech companies to "pay their own way" for their data centers. Data centers drove up utility bills in at least 13 states, Business Insi...
π Key Facts β Jim Beam will pause production at Clermont, Kentucky distillery for one year starting 2026. β Exports of US spirits decli...
Nvidia CEO Jensen Huang said he is "perfectly fine" with California's proposed billionaire wealth tax. Patrick T. Fallon / AFP via Getty Images Nvidia CEO Jensen Huang said he is "perfectl...
Palmer Luckey, Ro Khanna, and David Sacks have all posted on X about the wealth tax. Chip Somodevilla/Getty Images; Tom Williams/CQ-Roll Call, Inc via Getty Images; PATRICK T. FALLON/AFP via Getty Ima...
BYD container ship. NurPhoto/Getty Images Tesla just lost its status as the world's largest seller of battery EVs to a Chinese rival. BYD took Tesla's crown after Elon Musk's automaker reported its se...
The future of cinemagoing is top of mind as 2026 kicks off, with Netflix, which is buying Warner Bros. for $72 billion, reportedly interested in a 17-day window for theatrical releases before they hit...
Shanghai-based AgiBot topped global humanoid robot shipments in 2025, with nearly a 38 per cent share, as Chinaβs robotics firms dominated the market, leaving in the dust major US players like Elon Mu...