A ‘war room’ mentality: How auto giants are battling the Nexperia chip crunch
Global automakers are bracing for a potential shortage of automotive semiconductor chips sparked by geopolitical tensions between the U.S. and…
Billionaires are spending big to stop Zohran Mamdani’s NYC mayoral bid
Bill Ackman, Ronald Lauder, William Lauder, Barry Diller and Dan Loeb have all made large donations to stop Mamdani. So…
The biggest takeaways from the Trump-Xi meeting — what the truce covers and what is still unclear
President Donald Trump said the rare earths agreement is a one-year deal that will be "very routinely extended as time…
Chipotle stock craters as Wall Street grows concerned after company cuts forecast
At least five Wall Street analysts have cut their price targets for Chipotle shares after the chain's third-quarter earnings report.…
Meta stock drops 10% as heightened AI spending overshadows strong third-quarter results
Meta's results raised skepticism over the payoff from its aggressive artificial intelligence spending plans and overshadowed strong results. ...
Paramount slashes roughly 1,000 jobs, with another 1,000 coming soon, to address post-merger ‘redundancies’
Layoffs have been expected since the industry-changing merger put CEO David Ellison in charge of the newly formed Paramount, a Skydance…
Dozens of American manufacturing associations urge congressional leaders to reopen federal government
Thirty state manufacturing groups are urging Congress to end the ongoing government shutdown, which they say is disrupting operations and…
Democrats revolt over Trump admin’s $20B aid plan, citing US farm crisis
Sen. Elizabeth Warren clashed with Treasury Secretary Scott Bessent over Trump's $20 billion Argentina currency swap, pointing to U.S. farmers…
Fed cuts interest rates for second time this year amid labor market weakness
The Federal Reserve cut its benchmark interest rate for the second time this year despite elevated inflation amid concerns about…