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Markets
Apple’s monster buyback, jobs surprise puts Fed on notice and Kentucky Derby fever
-The jobs data was unexpectedly soft -Fed Chairman Jerome Powell may catch a break -Apple announces…
BMW imported thousands of vehicles with banned Chinese parts, US Senate says
BMW imported at least 8,000 Mini Coopers into the U.S. with parts from a banned…
CEOs prepare for Trump administration
President-elect Trump will take office on Monday, and Wall Street and Corporate America are bracing…
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.…
Meta cutting 5% of workforce through performance-based attrition
Facebook parent Meta on Tuesday announced that it's planning to cut back its workforce with…
Investment bankers say Trump mergers and acquisitions boom already underway
President-elect Trump doesn’t officially take office for another week, but investment bankers say a boom…
Apple’s board recommended shareholders reject DEI rollback proposal
Apple's board of directors urged shareholders to reject a proposal that would require the company…
Boeing 787 Dreamliner aborts takeoff at last minute
An Etihad Airways Boeing 787-9 Dreamliner aborted its takeoff from Melbourne Airport in Australia on…
Wildfires expose California’s insurance crisis; Meta, Amazon ditch DEI; and IRS outlines tax season
Stocks tumbled after a stronger-than-expected jobs report, raising new headwinds for the Federal Reserve -President-elect…
Chick-fil-A’s lemon-squeezing automation cuts over 10,000 hours per day: report
Atlanta-based Chick-fil-A Inc. is cutting nearly 10,000 hours of work per day at its locations…
Dockworkers’ union, employers avert strike after reaching tentative deal
The labor union representing some 45,000 U.S. dockworkers reached a tentative agreement with port employers…
AT&T to offer customers bill credits for network outages
Telecom giant AT&T on Wednesday announced that it will offer bill credits to customers who…
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