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Business.
All stories filed under Business, most recent first.
TUESDAY, SEPTEMBER 1, 2026
FTC and 22 States Sue Amazon Over $20 Billion 'Secret' Ad Surcharge
The bipartisan complaint filed Monday alleges Amazon overrode its second-price ad auctions since 2019 and charged winners their own bids about 80 percent of the time
MONDAY, AUGUST 31, 2026
U.S. Tariff Rate on Canadian Goods Nearly Doubles to 5.7 Percent
Royal Bank of Canada data cited Sunday put the average effective U.S. duty on Canadian imports at 5.7 percent, up from 2.9 percent in June, as Ottawa readies a Sept. 8 counterstrike
WEDNESDAY, AUGUST 26, 2026
Meta Settles States' Teen-Addiction Case for Up to $17.1 Billion
The Wednesday agreement with 52 attorneys general caps daily teen use at two hours, blocks apps overnight and mandates age verification; a separate Texas deal brings the total near $18 billion
WEDNESDAY, AUGUST 26, 2026
Canada Unveils C$28 Billion Tariff Retort, With Rates Up to 50 Percent on U.S. Goods
Ottawa named nearly 900 American products to be hit Sept. 8 with duties of up to 50 percent, and set aside C$7.5 billion to cushion workers
TUESDAY, AUGUST 25, 2026
Trump Vows 50 Percent Tariff on Canadian Autos, Steel; Ottawa Sets Tuesday Reply
The president's Monday Truth Social post targets cars, trucks, auto parts and steel starting Jan. 1, 2027; Canada's finance minister will detail retaliation Tuesday morning
MONDAY, AUGUST 24, 2026
Shein Sets $27 Billion Hong Kong IPO Price, Books $3.5 Billion Payout to Wounded Backers
Fast-fashion retailer's Monday prospectus sets a Sept. 1 debut that would raise up to $1.77 billion, less than half of what it owes early investors for the collapse in valuation
MONDAY, AUGUST 24, 2026
Trump Calls Canadians 'Foolish' as Carney Details U.S. Trade-Deal Curbs
The president's Sunday Truth Social post and Fox News interview escalated a weekend split hours after Ottawa disclosed the sovereignty condition that sank Friday's deal
SUNDAY, AUGUST 23, 2026
Carney Details Sept. 8 Tariff Retort; No New U.S.-Canada Talks Planned
The prime minister said Ottawa will target U.S. steel, dairy, appliances, farm equipment, pulp and paper and electronics; U.S. trade chief Jamieson Greer said no further talks are scheduled
SATURDAY, AUGUST 22, 2026
U.S. Imposes 50 Percent Tariffs on Canada as Talks Collapse; Carney Vows Match
Duties on about $20 billion of Canadian goods took effect at 12:01 a.m. Saturday after Prime Minister Mark Carney suspended talks and pledged to retaliate dollar for dollar
THURSDAY, AUGUST 20, 2026
U.S. National Debt Tops $40 Trillion in Faster-Than-Expected Milestone
Treasury figures released Wednesday show gross federal debt reached $40.05 trillion on Aug. 18, doubling in under a decade and closing in on the $41.1 trillion statutory ceiling
THURSDAY, AUGUST 20, 2026
Moderna Doubles as mRNA Melanoma Vaccine Clears Phase 3 With Merck's Keytruda
The drugmakers said Wednesday their personalized shot, intismeran, delayed recurrence and metastasis in a 1,137-patient trial, sending Moderna shares up as much as 147 percent
THURSDAY, AUGUST 20, 2026
China Sentences Evergrande Founder Hui Ka Yan to Life for Fraud
The Shenzhen court also fined the collapsed developer 15.82 billion yuan, seized Hui's personal assets and jailed his two sons and other executives for terms of up to 18 years
WEDNESDAY, AUGUST 19, 2026
Disney and ABC Sue FCC Over April License-Renewal Order
The company asked a federal judge Tuesday to halt an accelerated renewal process it says is retaliation for ABC's editorial coverage
WEDNESDAY, AUGUST 19, 2026
Trump Pauses 50 Percent Canada Tariffs for Three Days, Citing Tentative Deal
The president delayed Wednesday's $20 billion levy less than two hours before it took effect, saying documents still need to be finalized, and dangled a Keystone XL revival
TUESDAY, AUGUST 18, 2026
US-Canada Trade Talks Race Clock Before 50 Percent Tariff Deadline
Canadian negotiators pressed U.S. Trade Representative Jamieson Greer into Monday night to avert 50 percent duties on $20 billion in Canadian goods due at 12:01 a.m. Wednesday
SUNDAY, AUGUST 16, 2026
Kalshi Fights Nevada's $120,000-a-Day Geofencing Fine
The prediction market operator says Nevada investigators misrepresented their residences to place nine trades and accuses the state gaming regulator of violating federal law
FRIDAY, AUGUST 14, 2026
Silver Lake in Talks to Take Workday Private in $50 Billion Software LBO
The private equity firm's preliminary approach, first reported Thursday by Reuters, sent Workday shares up as much as 25 percent and briefly tripped a volatility halt
FRIDAY, AUGUST 14, 2026
White House Accuses 40 Nations in China Tariff-Dodge Report as Drone Duties Hit 100 Percent
The Office of Trade and Manufacturing Policy estimates $75 billion in Chinese goods flow through third countries a year, costing the Treasury as much as $26 billion
THURSDAY, AUGUST 13, 2026
Media Groups Sue Trump Over $100,000-a-Month Truth Social Feed
The Intercept and Freedom of the Press Foundation asked a New York federal court to block a Truth API that pipes the president's posts to trading firms seconds before the public
TUESDAY, AUGUST 11, 2026
Nvidia Enlists Wall Street in $500 Billion AI Infrastructure Consortium
Apollo, BlackRock, Blackstone, Brookfield, Goldman Sachs and KKR agreed to treat AI compute as an asset class, spreading a financing burden the chipmaker had shouldered alone
SATURDAY, AUGUST 8, 2026
Trump Commits $3 Billion to Critical Minerals as Pentagon Backs Australian Scandium Mine
The Defense Department's $400 million loan to Sunrise Energy Metals for the world's first primary scandium mine anchors a Friday package that also funds batteries, magnets and graphite
SATURDAY, AUGUST 8, 2026
Trump Renews Bid to Fire Fed Governor Cook, Gives Her Three Weeks to Respond
The White House letter revives mortgage-fraud allegations the Supreme Court refused to endorse in June, when justices ruled 5-4 that Cook could remain while she sues
THURSDAY, AUGUST 6, 2026
U.S. Refunds Top $100 Billion in Liberation Day Tariff Payback
Customs and Border Protection has returned about 60 percent of the revenue collected under the struck-down policy, with nearly $29 billion in claims still under review
WEDNESDAY, AUGUST 5, 2026
Novo Nordisk Raises Outlook but Shares Slide 6% on Wegovy Pill Miss
The Danish drugmaker beat second-quarter earnings and raised full-year guidance, but investors punished a narrow Wegovy pill sales miss and a trial tie with Eli Lilly's rival drug
WEDNESDAY, AUGUST 5, 2026
SpaceX Beats Revenue Estimates but Shares Slide on Ballooning AI Spend
SpaceX's first earnings report since its June IPO beat revenue estimates, but $18.3 billion in capital spending — six times last year's — sent shares down as much as 9 percent
TUESDAY, AUGUST 4, 2026
FAA Certifies Boeing 737 Max 7 Nearly a Decade After Debut
Monday's approval clears the smallest jet in Boeing's Max family for commercial service after years of design changes and heightened scrutiny tied to two crashes that killed 346
TUESDAY, AUGUST 4, 2026
Trump Tells Chevron and Exxon to Cut Prices as BP Doubles Profit and Aramco Jumps 33%
Chevron reported a $12.2 billion quarterly profit, ExxonMobil $14.5 billion and BP $5.73 billion, as Trump told the U.S. majors Monday they had made 'too much money' from the Iran war
SATURDAY, AUGUST 1, 2026
New York Sues Kalshi, Calls Prediction Market an Illegal Gambling Operation
The Friday suit from Attorney General Letitia James seeks up to $36 billion as the CFTC asks a federal judge to block state enforcement against event-contract platforms
FRIDAY, JULY 31, 2026
UEFA and CONCACAF Vote to Boycott World Cup Over FIFA Private-Equity Plan
The 55-member European body and 41-member CONCACAF rejected FIFA's $20 billion Forward Enterprise proposal Thursday; the AFC joined in solidarity as FIFA vowed to press on
TUESDAY, JULY 28, 2026
Johnson & Johnson Offers $5.5 Billion to Settle 76,000 Talc-Cancer Suits
The proposal covers nearly all remaining U.S. ovarian cancer claims and requires 95 percent acceptance from plaintiff firms after three failed bankruptcy attempts
MONDAY, JULY 27, 2026
Shein Posts $99 Million Quarterly Loss as Tariffs Bite Ahead of Hong Kong IPO
The Singapore-based fast-fashion retailer swung from a $395 million profit a year earlier as Trump's removal of the de minimis exemption dragged on U.S. sales
MONDAY, JULY 27, 2026
CXMT Soars 466% in Shanghai Debut, Becoming China's Most Valuable Listed Company
The Hefei-based DRAM maker closed at 49 yuan after pricing at 8.66, raising $8.6 billion in Asia's biggest IPO this year and eclipsing ICBC's 2.6 trillion yuan market cap
FRIDAY, JULY 24, 2026
Trump Imposes Forced-Labor Tariffs on 60 Nations as Emergency Duty Expires
The 10 percent to 12.5 percent duties take effect at 12:01 a.m. Friday under Section 301 of the 1974 Trade Act, replacing a 150-day emergency levy set to expire the same hour
WEDNESDAY, JULY 22, 2026
Trump Sets 100 Percent Tariff on Generic Drugs From 2028, Doubling in 2029
A phased Section 232 schedule announced Tuesday gives foreign manufacturers a two-year grace period before duties escalate on the imports that fill nearly all U.S. prescriptions
TUESDAY, JULY 21, 2026
Federal Judge Halts Paramount-Warner Bros. Merger for 14 Days
California District Judge Araceli Martinez-Olguin granted a temporary restraining order Monday in the states' antitrust suit, setting an Aug. 3 hearing on a preliminary injunction
TUESDAY, JULY 21, 2026
Trump Imposes 50 Percent Tariffs on Canadian Autos, Dairy and Alcohol Under 1930 Law
Monday's three proclamations target wine, hockey sticks and cement under Section 338 of the Tariff Act of 1930, unused since 1949, with duties biting in 30 days as Carney vows to 'intensify' talks
MONDAY, JULY 20, 2026
EU Fines AliExpress €550 Million in Largest Penalty Yet Under Digital Services Act
The Monday penalty exceeds prior fines against Musk's X and rival Temu and lands days after Brussels ended duty-free treatment for parcels worth less than €150
SUNDAY, JULY 19, 2026
Jingye Demands British Steel Compensation as Beijing Invokes 1986 Treaty
Beijing's commerce ministry invoked the 1986 investment treaty as the Chinese owner said Sunday it would pursue full compensation for the Scunthorpe plant
FRIDAY, JULY 17, 2026
Trump Media to Sell Wall Street Millisecond Access to Truth Social Posts
Truth API goes live Aug. 1 delivering posts from the platform's highest-ranking accounts to institutional traders in milliseconds as the Trump family retains its majority stake
THURSDAY, JULY 16, 2026
TSMC Pledges Another $100 Billion for Arizona as Q2 Profit Jumps 77 Percent
Taiwan Semiconductor's total U.S. commitment reaches $265 billion as second-quarter net income hits a record $22 billion on AI-chip demand
WEDNESDAY, JULY 15, 2026
Buffett Omits Gates Foundation From Annual Gifts, Calls Epstein Ties 'Distasteful'
Buffett skipped the Gates Foundation from his annual Berkshire gifts for the first time since 2006, directing about $6 billion to four family foundations with a Dec. 31, 2034 wind-down
WEDNESDAY, JULY 15, 2026
China Growth Slows to 4.3 Percent in Second Quarter, Missing Beijing's Target
Investment fell and property remained a drag as the world's second-largest economy grew at its weakest pace since late 2022, ratcheting up pressure for stimulus
TUESDAY, JULY 14, 2026
12 States Sue to Block $110 Billion Paramount-Warner Bros. Merger
California-led coalition invokes the Clayton Act two months after DOJ cleared the deal, threatening a restraining order unless Paramount Skydance and Warner Bros. Discovery pause
SATURDAY, JULY 11, 2026
Circle Wins OCC Charter, Putting USDC Reserves Under Federal Oversight
Friday's OCC nod lets the stablecoin issuer hold reserves for its $73 billion USDC directly, ending its reliance on third-party banks and state-by-state regulation
FRIDAY, JULY 10, 2026
EasyJet Board Backs Apollo's £5.7 Billion Bid Over Castlelake
The board reversed course five days after accepting Castlelake's £5.2 billion offer, saying Apollo's £7.15-a-share cash proposal delivers a higher return for shareholders
WEDNESDAY, JULY 8, 2026
Solstice to Buy Element Solutions for $14.5 Billion in AI Materials Push
Honeywell's newly spun-off chemicals arm offered $50.10 a share in cash and stock to combine refrigerants and uranium conversion with Element's chip chemicals
WEDNESDAY, JULY 8, 2026
Amazon Returns to Debt Markets With $25 Billion Sale for AI Infrastructure
The eight-part offering pushes the retailer's 2026 borrowing past $89 billion as capital expenditures head for $200 billion this year
TUESDAY, JULY 7, 2026
Toyota Moves Most Tacoma Production From Mexico to Texas in $3.6 Billion San Antonio Bet
The Japanese automaker's Monday announcement adds 2,000 San Antonio jobs and follows Washington's decision last week to skip a long-term USMCA renewal
TUESDAY, JULY 7, 2026
Shotwell Pledges SpaceX Stock as Trump Accounts Begin First Deposits
SpaceX president's gift to roughly 2 million children's accounts follows Saturday's launch of $1,000 Treasury seed deposits and widens the private-donor list beyond Michael and Susan Dell
SATURDAY, JULY 4, 2026
Heat Wave Halts July 4 Parades and Amtrak Trains Across Eastern U.S.
Philadelphia scrapped its 250th anniversary parade, Amtrak slowed Northeast Corridor trains and New York's mayor asked residents to raise thermostats as 165 million people baked
THURSDAY, JULY 2, 2026
US Declines Long-Term USMCA Renewal, Triggering Annual Reviews
Trade Ambassador Jamieson Greer confirmed Wednesday the pact remains in force but will not get its automatic 16-year extension, starting a countdown that could end the deal in 2036
WEDNESDAY, JULY 1, 2026
Trump Disclosure Reports Over $1 Billion in 2025 Crypto Income
The president's 927-page annual financial filing, released Tuesday, details more than $500 million from World Liberty Financial and $635 million tied to the TRUMP memecoin
TUESDAY, JUNE 30, 2026
Guo Wengui Gets 30 Years in Prison for Billion-Dollar Fraud
Manhattan judge orders the self-exiled Chinese tycoon to forfeit $889 million after a conviction on nine counts that prosecutors said victimized more than 1,000 investors
MONDAY, JUNE 29, 2026
Comcast to Spin Off NBCUniversal and Sky, Shares Jump 23 Percent
The cable giant will split into two publicly traded companies within a year, separating broadband and wireless from a Peacock-and-theme-parks media arm anchored by Sky
FRIDAY, JUNE 26, 2026
Apple Lifts Mac and iPad Prices Up to 20 Percent as Xbox Jumps Again
The iPhone maker and Microsoft on Thursday passed the AI memory-chip shortage to consumers, with Apple shares falling more than 6 percent and the Mac Studio M3 Ultra rising $1,300
FRIDAY, JUNE 26, 2026
Supreme Court Shields Bayer From Roundup Cancer Suits in 7-2 Ruling
The decision preempts state failure-to-warn claims against the weedkiller, lifts Bayer shares 15.75 percent and fractures the Make America Healthy Again coalition
WEDNESDAY, JUNE 24, 2026
Germany Scraps F126 Frigate Program, Rheinmetall Falls as Much as 17 Percent
Defense Minister Boris Pistorius cited delays, cost overruns and unforeseeable risks; Berlin will buy eight smaller Meko A-200 frigates from TKMS for as much as 11.6 billion euros
SATURDAY, JUNE 20, 2026
AbbVie Nears $11 Billion Cash Deal for Apogee Therapeutics
The Illinois drugmaker is in advanced talks to pay a 60 percent premium for the eczema-drug developer, with an announcement possible as early as Monday
FRIDAY, JUNE 19, 2026
SpaceX Slides a Second Day as ProPublica Details Secret Pre-IPO Chinese Stakes
Thursday's 3.57 percent drop pulled the rocket-and-AI company back below Amazon and left the average post-IPO buyer at breakeven as a court unsealed a foreign-investor ledger
MONDAY, JUNE 15, 2026
Fox to Buy Roku for $22 Billion in Cash-and-Stock Streaming Bet
Lachlan Murdoch's company will pay $160 a share for the connected-TV platform, take on $8 billion in new debt and leave Fox shareholders with 73 percent of the combined business
SATURDAY, JUNE 13, 2026
DOJ Clears Paramount's $110 Billion Takeover of Warner Bros. Discovery
The Antitrust Division closed an eight-month probe Friday, removing the largest federal hurdle to a deal that would fuse CBS, CNN, HBO Max and the Warner film studio under David Ellison
TUESDAY, JUNE 9, 2026
Pentagon Adds Alibaba, Baidu and BYD to China Military List
The Defense Department's expanded 1260H roster grew to 188 entities, complicating a U.S.-China trade truce Trump and Xi struck in Beijing last month
THURSDAY, MAY 28, 2026
Snowflake Jumps 36% on $6 Billion AWS Pact as Salesforce Guidance Disappoints
Two of enterprise software's biggest names reported on the same evening Wednesday and split in opposite directions on the question of who is winning the AI buildout
WEDNESDAY, MAY 27, 2026
Manifold Disputes BP Ouster as Board Cites Conduct
The Irish executive removed Tuesday as BP chairman said Wednesday he was dismissed without warning or explanation and rejects the company's characterization of his conduct
TUESDAY, MAY 26, 2026
Ferrari Unveils Electric Luce, and Shares Fall Sharply
The Maranello carmaker's first fully electric and first five-seat model, designed by Jony Ive's LoveFrom, sent the Milan-listed stock down 6.3 percent
THURSDAY, MAY 21, 2026
Walmart Trims Full-Year Outlook, Citing Fuel Strain on Shoppers
The largest U.S. retailer issued fiscal 2027 guidance below Wall Street estimates Thursday and warned that consumers will feel more pressure as the tax-refund tailwind fades
THURSDAY, MAY 21, 2026
SpaceX Files Record IPO With $2.6 Billion Operating Loss and Musk in Control
The Elon Musk-owned rocket maker disclosed $18.7 billion in 2025 revenue, will trade on Nasdaq under "SPCX" and could top Saudi Aramco's $25.6 billion record
WEDNESDAY, MAY 20, 2026
Samsung Workers Walk Out as Wage Talks Collapse, Shares Fall 3%
More than 47,000 employees began an 18-day strike Thursday after the company rejected a government mediator's proposal, rattling global chip markets
TUESDAY, MAY 19, 2026
DOJ Moves to Drop Adani Bribery Case After $10 Billion U.S. Investment Pledge
Federal prosecutors asked a Brooklyn judge Monday to dismiss the 2024 fraud indictment against the Indian billionaire, hours after Treasury settled an Iran-sanctions case for $275 million
MONDAY, MAY 18, 2026
NextEra to Buy Dominion in $67 Billion All-Stock Deal Aimed at AI Power Demand
The combination would create the world's largest regulated electric utility, with a $249 billion market cap and a foothold in the Northern Virginia data center market
SUNDAY, MAY 17, 2026
LIRR Strike Enters Day Two as Trump and Hochul Trade Blame and Monday Looms
No new MTA-union talks were scheduled Sunday, leaving 250,000 weekday riders facing a Monday morning without the busiest commuter railroad in North America
SATURDAY, MAY 16, 2026
LIRR Strike Shuts Down Busiest U.S. Commuter Line Over Fourth-Year Raise
Five unions representing about 3,700 Long Island Rail Road workers walked off the job at 12:01 a.m. Saturday after the MTA and labor failed to bridge a gap on the final year of a four-year contract
WEDNESDAY, MAY 6, 2026
Spirit Lawyer Apologizes in White Plains, Warns of Billions in Fare Increases
At Tuesday's bankruptcy hearing before Judge Sean H. Lane, Marshall Huebner blamed a jet-fuel megaspike from the Iran war and said Americans will pay up to $3 billion more a year for tickets
WEDNESDAY, MAY 6, 2026
Macron Urges EU to Wield Trade 'Bazooka' as Auto Tariff Deadline Nears
France's president pressed Brussels this week to ready its anti-coercion tool against Washington as the bloc makes a final push to head off 25 percent duties on European cars and trucks
MONDAY, MAY 4, 2026
Spirit Refunds Hit Card Networks as Bondholders' Veto of $500 Million Rescue Comes Into Focus
Credit-card refunds are flowing to Spirit Airlines passengers two days after the shutdown, as new detail emerges on how a federal equity stake collided with a senior creditor claim
SUNDAY, MAY 3, 2026
Spirit Passengers Scramble as Rivals Cap Fares and Duffy Rules Out a Bailout
United said it rebooked 14,000 stranded flyers in 12 hours after Saturday's shutdown as American, Frontier, JetBlue and Southwest opened capped-fare windows that close as early as Wednesday
SATURDAY, MAY 2, 2026
Spirit Airlines Shuts Down Overnight After $500 Million Trump Bailout Collapses
The discount carrier canceled all flights and laid off 17,000 workers after bondholders led by Citadel and Ares rejected a deal that would have given Washington a 90 percent stake
SATURDAY, MAY 2, 2026
Trump Raises EU Auto Tariff to 25 Percent Under Section 232
The president invoked the 1962 trade law on Friday to lift duties on European cars and trucks, accusing Brussels of failing to honor the Turnberry Agreement
FRIDAY, MAY 1, 2026
Trump Lifts Scotch Whisky Tariffs After King Charles State Visit
The president scrapped a 10 percent duty he imposed on British spirits last year, citing the four-day royal trip and Scotland's bourbon-barrel trade with Kentucky
MONDAY, APRIL 27, 2026
Sun Pharma to Buy Organon for $11.75 Billion in India's Largest Drug Deal
The all-cash purchase of the New Jersey women's-health and biosimilars maker would lift the Mumbai generics giant into the top 25 global pharmaceutical companies
MONDAY, APRIL 27, 2026
Taiwan Court Jails Five in TSMC Trade-Secrets Case, Fines Tokyo Electron Unit $5 Million
Former TSMC and Tokyo Electron employee Chen Li-ming drew the maximum 10-year term in one of the island's most prominent prosecutions of chip-technology theft
SATURDAY, APRIL 25, 2026
White House Weighs Defense Production Act to Rescue Spirit Airlines
The Trump administration is exploring a $500 million federal loan that could give the government a 90 percent stake, with a bankruptcy hearing on the term sheet possible Monday
THURSDAY, APRIL 23, 2026
Trump Media Ousts Nunes as CEO After Stock Erases $6 Billion
Interim chief Kevin McGurn takes over a Truth Social parent that lost $712 million last year on $3.7 million in revenue
THURSDAY, APRIL 23, 2026
Lufthansa Cancels 20,000 Flights as Jet-Fuel Shock Tests Carriers
Germany's flag carrier retires 27 regional jets and trims its summer schedule as Hormuz disruption doubles fuel prices and pressures low-cost rivals
WEDNESDAY, APRIL 22, 2026
SpaceX Options $60 Billion Cursor Buy or $10 Billion Breakup Fee
Elon Musk's rocket-and-AI conglomerate gave itself until year-end to close on the coding startup, and pledged a 10-figure payment if it walks
TUESDAY, APRIL 21, 2026
Apple Names Hardware Chief John Ternus CEO as Tim Cook Exits Sept. 1
The 15-year Cook era ends with a hardware engineer at the helm of a $4 trillion company that has spent the AI boom on the sidelines
MONDAY, APRIL 20, 2026
U.S. Customs Opens $166 Billion Tariff Refund Portal to Importers
The CAPE system starts accepting claims Monday, two months after the Supreme Court struck down President Trump's Liberation Day duties, with payouts expected to take 60 to 90 days
FRIDAY, APRIL 17, 2026
Reed Hastings to Exit Netflix Board in June as Shares Slide 9% on Earnings
Netflix beat first-quarter revenue estimates and reiterated full-year guidance, but investors sold off on the co-founder's departure and a forecast of heavier content spending
THURSDAY, APRIL 16, 2026
Ford EV Chief Doug Field to Depart Next Month as Farley Folds Unit Into Operations
The ex-Apple and ex-Tesla engineer hired in 2021 to lead Ford's electric and software push will leave during a reorganization run by Chief Operating Officer Kumar Galhotra
THURSDAY, APRIL 16, 2026
Allbirds Rebrands as NewBird AI and Shares Jump 582 Percent
The struggling sneaker maker said it will trade Merino wool for GPUs, adding roughly $127 million in market value on a $50 million financing pledge
THURSDAY, APRIL 16, 2026
Jury Finds Live Nation and Ticketmaster Ran Illegal Monopoly Over U.S. Concert Market
Manhattan federal jury sides with 34 state attorneys general after the Trump Justice Department settled, opening the door to a forced breakup of the $25 billion concert giant
WEDNESDAY, APRIL 15, 2026
Amazon to Buy Globalstar for $11.6 Billion in Starlink Challenge
The deal gives Amazon a direct-to-device satellite network and makes it the primary satellite provider for iPhones and Apple Watches
TUESDAY, APRIL 14, 2026
Evergrande Founder Hui Ka Yan Pleads Guilty to Fraud and Bribery in Shenzhen
Billionaire whose property empire collapsed under $300 billion in debt admits to embezzlement, illegal fundraising and misuse of buyer deposits as court reserves verdict