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Categories Business

Biden blocks Japan’s Nippon Steel from $15 billion takeover of U.S. Steel

January 6, 2025

President Joe Biden said Friday that he has decided to block a $15 billion takeover of U.S. Steel by the Japanese company

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Categories Business

What’s Turo? The ‘Airbnb of cars’ was used in New Orleans and Las Vegas incidents

January 4, 2025

An online car rental service is under scrutiny after it was used in two incidents Wednesday. The platform, Turo, is known as an

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Categories Business

The plane that crashed in South Korea is one of the world’s most popular aircraft

January 3, 2025

Accident investigators are trying to figure out what caused a Jeju Air flight to belly land without its landing gear down at

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Categories Business

Ad revenue should stabilize for media companies in 2025 — if they have sports

December 31, 2024

The advertising market has positive momentum going into 2025 — especially for media companies with sports rights and tentpole live programming. Sports and

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Categories Business

Google CEO Pichai struggled to navigate a pressure-filled year

December 31, 2024

Google’s blowout earnings report in April, which sparked the biggest rally in Alphabet shares since 2015 and pushed its market cap past $2 trillion for the

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Categories Business

Richard Parsons, former Time Warner CEO, dies at age 76

December 28, 2024

Richard Parsons, who helped Time Warner divorce from AOL after what was considered one of the worst takeovers in history, has died.

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Categories Business

Treasury delays deadline for small businesses to file new form to avoid noncompliance fines

December 28, 2024

The U.S. Treasury Department has delayed the deadline for millions of small businesses to Jan. 13, 2025, to file a new form,

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Categories Business

Digital health companies pummeled by Wall Street in 2024 as industry adapts to post-Covid slowdown

December 27, 2024

If the Covid era marked a boom time for digital health companies, 2024 was the reckoning. In a year that saw the Nasdaq

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Categories Business

Starbucks barista strike expands as workers demand pay raises

December 27, 2024

A Starbucks barista strike is expanding to 5,000 workers at what organizers said was more than 300 stores in 45 states, just

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Categories Business

Nordstrom to go private in $6.25 billion deal with founding family, Mexican retailer

December 25, 2024

Nordstrom on Monday announced it will become a private company after it agreed to a buyout deal valued at roughly $6.25 billion from Nordstrom’s founding family

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