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Business

Global economy, companies, markets, and financial trends.

Elon Musk Advocates for Amtrak Privatization: A Potential Game Changer for U.S. High-Speed Rail
Business

Elon Musk Advocates for Amtrak Privatization: A Potential Game Changer for U.S. High-Speed Rail

In a recent statement at the Morgan Stanley conference, tech mogul Elon Musk expressed his belief that Amtrak, the United States' largest high-speed r...
Mar 20, 2025
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NVIDIA Unveils DGX Personal AI Supercomputers Powered by Grace Blackwell Platform
Business

NVIDIA Unveils DGX Personal AI Supercomputers Powered by Grace Blackwell Platform

In a significant move to democratize artificial intelligence (AI) computing, NVIDIA has announced the launch of its DGX™ personal AI supercomputers—DG...
Mar 19, 2025
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FDA Enhances Testing for Heavy Metals in Infant Formula Following Consumer Reports Findings
Business

FDA Enhances Testing for Heavy Metals in Infant Formula Following Consumer Reports Findings

In a significant move to bolster the safety of infant nutrition, the U.S. Food and Drug Administration (FDA) announced on Tuesday that it will intensi...
Mar 19, 2025
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Federal Reserve Holds Interest Rates Steady Amid Economic Uncertainty
Business

Federal Reserve Holds Interest Rates Steady Amid Economic Uncertainty

As the Federal Reserve prepares for its upcoming meeting, market expectations indicate a strong likelihood that interest rates will remain stable in t...
Mar 19, 2025
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Tech Companies Signal End of Employee Perks as Performance Pressure Mounts
Business

Tech Companies Signal End of Employee Perks as Performance Pressure Mounts

In a notable shift within the tech industry, top executives, including Shopify CEO Tobi Lütke, are redefining the workspace ethos from one of personal...
Mar 19, 2025
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Boeing Reports Easing Cash Burn as Production Ramps Up
Business

Boeing Reports Easing Cash Burn as Production Ramps Up

In a notable shift for the aerospace giant, Boeing's CFO Brian West announced during the Bank of America Global Industrials Conference that the compan...
Mar 19, 2025
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Social Security Administration Imposes Stricter Identity Verification to Combat Fraud
Business

Social Security Administration Imposes Stricter Identity Verification to Combat Fraud

In a significant policy shift aimed at curbing fraudulent claims, the Social Security Administration (SSA) announced that starting March 31, 2024, rec...
Mar 19, 2025
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European Union Regulators Take Aim at Google's Antitrust Violations Amidst U.S. Tensions
Business

European Union Regulators Take Aim at Google's Antitrust Violations Amidst U.S. Tensions

In a significant escalation of regulatory scrutiny, European Union regulators have formally charged Google’s parent company, Alphabet, with breaching ...
Mar 19, 2025
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Teslas stock is tanking over fears of slowing sales, increasing competition, and a CEO whos busy spending his time in Washington, DC.
Business

Teslas stock is tanking over fears of slowing sales, increasing competition, and a CEO whos busy spending his time in Washington, DC.

Tesla's recent stock decline, which saw its value plummet from a high of $488 in December 2024 to $238, has left investors anxious and scrutinizing th...
Mar 19, 2025
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Frontier Airlines Takes a Jab at Southwest with New Promotions
Business

Frontier Airlines Takes a Jab at Southwest with New Promotions

In the latest twist in the competitive airline industry, Frontier Airlines has launched a promotional campaign that directly targets Southwest Airline...
Mar 18, 2025
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Tesla Faces Significant Sales Slump Amidst Mounting Criticism and Increased Competition
Business

Tesla Faces Significant Sales Slump Amidst Mounting Criticism and Increased Competition

Since its inception in 1993, Tesla has redefined the electric vehicle (EV) landscape, becoming synonymous with innovation, sustainability, and, ironic...
Mar 18, 2025
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Exclusive: Intel's new CEO plots overhaul of manufacturing and AI operations
Business

Exclusive: Intel's new CEO plots overhaul of manufacturing and AI operations

In a bold move that has sent shockwaves through the semiconductor industry, Intel has appointed Lip-Bu Tan as its new CEO following the abrupt exit of...
Mar 18, 2025
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Market Reactions to Trump's Tariffs Raise Concerns over Stagflation
Business

Market Reactions to Trump's Tariffs Raise Concerns over Stagflation

As President Donald Trump embarks on his second presidential term, many investors initially believed that his approach to trade and economic policy wo...
Mar 18, 2025
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Google Announces $32 Billion Acquisition of Cloud Security Firm Wiz
Business

Google Announces $32 Billion Acquisition of Cloud Security Firm Wiz

In a significant move marking its largest acquisition to date, Google LLC has entered into a definitive agreement to acquire Wiz, Inc., a prominent cl...
Mar 18, 2025
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Forever 21 Files for Bankruptcy for the Second Time, Plans to Close U.S. Business
Business

Forever 21 Files for Bankruptcy for the Second Time, Plans to Close U.S. Business

In a significant blow to the retail landscape, Forever 21 has filed for Chapter 11 bankruptcy protection for the second time, announcing plans to shut...
Mar 18, 2025
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Trump's Second Term: A Deeper Look at Potential Trade Wars and Their Implications
Business

Trump's Second Term: A Deeper Look at Potential Trade Wars and Their Implications

As discussions around tariffs and executive orders heat up, the possibility of a trade war looms large under President Trump's second term. Observers ...
Mar 18, 2025
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Average Gasoline Prices in Eugene Drop 2 Cents, Raising Economic Concerns
Business

Average Gasoline Prices in Eugene Drop 2 Cents, Raising Economic Concerns

EUGENE, Ore. — According to a recent GasBuddy survey, average gasoline prices in Eugene have fallen by 2.0 cents per gallon over the past week, now av...
Mar 18, 2025
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As Trump orders the military to look at 'reclaiming' the Panama Canal, companies like BlackRock stand to profit.
Business

As Trump orders the military to look at 'reclaiming' the Panama Canal, companies like BlackRock stand to profit.

In a startling turn of events, former President Donald Trump has revived a controversial assertion of U.S. power by ordering the military to investiga...
Mar 18, 2025
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Rippling Accuses Deel of Corporate Espionage in Legal Battle Over Trade Secrets
Business

Rippling Accuses Deel of Corporate Espionage in Legal Battle Over Trade Secrets

In a dramatic turn of events within the competitive workforce management software industry, Rippling has filed a lawsuit against its rival Deel, alleg...
Mar 18, 2025
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The Trump Administration Appoints Michelle Bowman as Fed's Vice Chair for Supervision
Business

The Trump Administration Appoints Michelle Bowman as Fed's Vice Chair for Supervision

In a strategic move that signals a shift towards a more favorable regulatory environment for the banking sector, President Donald Trump has nominated ...
Mar 18, 2025
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