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Markets
Southwest to pause some hiring, summer internships in cost-cutting measure
Southwest Airlines is looking to trim costs by halting some hiring and most summer internships.…
FTC’s Lina Khan defends merger and acquisition crackdown in ’60 Minutes’ interview
Federal Trade Commission Chair Lina Khan said in an interview that aired Sunday that corporations…
Ford recalls over 90K vehicles in response to risk of engine intake valve breaking
A recall of roughly 90,700 Ford and Lincoln vehicles is underway. The Michigan-based automaker said…
Dollar General stock slides as earnings show soft consumer demand
Dollar General stock plunged 27% on Thursday after the company released second-quarter financial results that…
Dow record, Buffett’s $1 trillion win and Boar’s Head’s crisis
U.S. stocks ended the week mixed and the month with healthy gains as investors headed…
Custodia Bank laying off employees as Biden admin’s crypto crackdown weighs on digital asset industry
The Biden administration’s regulatory crackdown on cryptocurrency has caused a significant restructuring at a small, but high-profile…
Lawyers who sued to void Musk’s Tesla pay plan unlikely to get ‘windfall’ fees
The team of lawyers who sued to void Tesla CEO Elon Musk's $56 billion pay…
Buffett’s Berkshire hits $1 trillion market cap, first non-tech firm to do so
The market value of Warren Buffett's Berkshire Hathaway hit $1 trillion for the first time…
Red Lobster bankruptcy forces CEO switch
The group seeking court approval to purchase Red Lobster has selected former P.F. Chang's CEO…
New Starbucks CEO to ‘super-commute’ to Seattle headquarters
Starbucks is allowing its incoming CEO Brian Niccol to commute to work from his Southern…
Walmart and Burger King partnering for exclusive deals
Walmart is rolling out Burger King deals as a new perk for its Walmart+ paid…
Fed delivers, stocks jump, Walmart, Target price wars
Federal Reserve Chair Jerome Powell didn't disappoint… Wall Street loved it. Vice President Kamala Harris…
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