Warner Bros. Discovery to split into two companies, dividing cable and streaming services
Warner Bros. Discovery will split into two companies, separating cable from streaming as cord-cutting reshapes the entertainment industry.
AESC halts $1.6B EV battery plant over policy fears
COLUMBIA, S.C. (AP) — A Japanese company has halted construction on a $1.6 billion factory in South Carolina to help make batteries for electric BMWs, citing “policy and market uncertainty.” While Automotive Energy Supply Corp. didn’t specify what those problems are, South Carolina’s Republican governor said th[...]
Elon Musk pulls back on threat to withdraw Dragon spacecraft
Elon Musk reversed a threat to retire SpaceX’s Dragon after a clash with Trump. The capsule remains vital to ISS missions.
U.S. adds 139K jobs amid trade war uncertainty
U.S. employers added 139K jobs as hiring slowed. Trump’s trade policies stir economic fears, though recession signals remain unclear.
Tesla stock plunges after Musk feud with Trump escalates
Tesla stock plunged 14% as Musk's clash with Trump spurred fears of federal backlash, erasing $150B in market value.
The number of Americans filing for jobless benefits last week rises to highest level in eight months
Unemployment claims rose to 247,000, an 8-month high, as tariff uncertainty and corporate job cuts weigh on the U.S. labor market and economic outlook.
Amazon planning $10B investment for North Carolina data center and AI campus
Amazon will invest $10B in a North Carolina AI and cloud campus, creating 500 jobs and boosting infrastructure in Richmond County, a rural textile region.
Trump speaks with Xi amid stalled talks between the US and China over tariffs
U.S. President Donald Trump and Chinese leader Xi Jinping spoke amid stalled tariff negotiations that have roiled global trade.
Fed lifts restrictions placed on Wells Fargo in 2018 because of its fake-accounts scandal
Fed lifts Wells Fargo's 2018 asset cap, citing progress in culture and compliance reforms.
Meta’s nuclear deal signals AI’s growing energy needs
Meta signs 20-year nuclear energy deal with Constellation as tech giants seek cleaner power to meet AI’s surging electricity demands.
Dollar General hits record $10.44B in quarterly sales
Dollar General posts $10.44B in record quarterly sales and raises outlook as consumers shift to discount retailers amid economic uncertainty.
China blasts US chip export bans and student visa plans
China slams new US restrictions on AI chip exports and student visas, threatening retaliation over advanced technology competition.