Corporate & Industry Trends

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Amazon Cuts Jobs in Devices and Services Unit Amid Cost-Reduction Efforts
Corporate & Industry Trends

Amazon Cuts Jobs in Devices and Services Unit Amid Cost-Reduction Efforts

The tech giant continues to streamline operations, eliminating about 100 positions as part of its ongoing efficiency drive.

David Goldfarb
David Goldfarb
May 15, 2025
Changi Airport Unveils Mega Terminal to Capitalize on Asia's Booming Travel Industry
Corporate & Industry Trends

Changi Airport Unveils Mega Terminal to Capitalize on Asia's Booming Travel Industry

Terminal 5 to enhance capacity by 50 million passengers annually, reinforcing Singapore’s position as a global aviation hub.

Leah Rosenfeld
Leah Rosenfeld
May 15, 2025
Putin and Trump Sidestep Istanbul Peace Talks, Leaving Zelenskyy Isolated
Corporate & Industry Trends

Putin and Trump Sidestep Istanbul Peace Talks, Leaving Zelenskyy Isolated

Despite initial signals of willingness, both Russian President Vladimir Putin and U.S. President Donald Trump have opted out of attending the high-stakes Ukraine-Russia peace talks in Istanbul, casting uncertainty over the negotiations and leaving Ukrainian President Volodymyr Zelenskyy to navigate the discussions without his key counterparts.

Junia Wells
Junia Wells
May 15, 2025
Tencent Leverages WeChat's 1.4 Billion Users to Lead China's AI Revolution
Corporate & Industry Trends

Tencent Leverages WeChat's 1.4 Billion Users to Lead China's AI Revolution

By integrating advanced AI models into its ubiquitous super-app, Tencent aims to redefine user experiences and outpace competitors in the rapidly evolving AI landscape.

David Goldfarb
David Goldfarb
May 15, 2025
India Greenlights $435 Million Foxconn-HCL Semiconductor Plant to Boost Domestic Chip Manufacturing
Corporate & Industry Trends

India Greenlights $435 Million Foxconn-HCL Semiconductor Plant to Boost Domestic Chip Manufacturing

The new facility in Uttar Pradesh aims to produce 36 million display driver chips monthly by 2027, marking a significant step in India's semiconductor ambitions.

Calder Monroe
Calder Monroe
May 15, 2025
American Eagle Faces Major Setback: Shares Drop 17% After $75 Million Write-Off and Withdrawing Guidance
Corporate & Industry Trends

American Eagle Faces Major Setback: Shares Drop 17% After $75 Million Write-Off and Withdrawing Guidance

Retailer Struggles with Sluggish Sales, Excess Inventory, and Uncertain Economic Outlook

Rachel Steinberg
Rachel Steinberg
May 14, 2025
Microsoft to Cut 6,000 Jobs as Part of Workforce Restructuring
Corporate & Industry Trends

Microsoft to Cut 6,000 Jobs as Part of Workforce Restructuring

Strategic Changes Aim to Streamline Operations and Strengthen Market Position

Leah Rosenfeld
Leah Rosenfeld
May 14, 2025
Disney’s Strategic Vision: Dana Walden Discusses Service Bundling, Linear TV, and Streaming Expansion
Corporate & Industry Trends

Disney’s Strategic Vision: Dana Walden Discusses Service Bundling, Linear TV, and Streaming Expansion

How Disney Is Merging Traditional TV with Modern Streaming to Stay Ahead

Junia Wells
Junia Wells
May 14, 2025
Dwyane Wade’s Life-Saving Lesson: How Proactive Health Checks Revealed a Cancerous Tumor
Corporate & Industry Trends

Dwyane Wade’s Life-Saving Lesson: How Proactive Health Checks Revealed a Cancerous Tumor

The NBA Legend’s Journey from Routine Check-Up to Kidney Surgery

David Goldfarb
David Goldfarb
May 14, 2025
Dallas Mavericks Secure $33 Million Jersey Patch Deal with Chime
Corporate & Industry Trends

Dallas Mavericks Secure $33 Million Jersey Patch Deal with Chime

Fintech Giant Chime Enhances Brand Presence with Multi-Year NBA Partnership

Calder Monroe
Calder Monroe
May 14, 2025
Samsung Electronics Expands HVAC Portfolio with €1.5 Billion Acquisition of FläktGroup
Corporate & Industry Trends

Samsung Electronics Expands HVAC Portfolio with €1.5 Billion Acquisition of FläktGroup

Strategic Move Aims to Strengthen Samsung’s Position in the Rapidly Growing HVAC Market

Leah Rosenfeld
Leah Rosenfeld
May 14, 2025
UK’s Immigration Crackdown Sparks Business Concerns Over Labour Shortages
Corporate & Industry Trends

UK’s Immigration Crackdown Sparks Business Concerns Over Labour Shortages

Stricter Visa Rules Threaten Key Sectors Amid Record Migration Figures

Junia Wells
Junia Wells
May 14, 2025
Burberry to Cut 1,700 Jobs in Global Restructuring Amid Strategic Overhaul
Corporate & Industry Trends

Burberry to Cut 1,700 Jobs in Global Restructuring Amid Strategic Overhaul

CEO Joshua Schulman Leads Heritage-Focused Revival as Luxury Market Faces Headwinds

Calder Monroe
Calder Monroe
May 14, 2025
Perplexity AI Nearing $500 Million Funding Round at $14 Billion Valuation
Corporate & Industry Trends

Perplexity AI Nearing $500 Million Funding Round at $14 Billion Valuation

Accel to Lead Investment as Perplexity AI Seeks to Bolster Its Competitive Edge in the AI Search Market

Leah Rosenfeld
Leah Rosenfeld
May 13, 2025
Google Unveils AI Startup Fund to Drive Innovation: Early Access to Cutting-Edge Models and Expert Support
Corporate & Industry Trends

Google Unveils AI Startup Fund to Drive Innovation: Early Access to Cutting-Edge Models and Expert Support

Strategic Investments Aim to Empower Ambitious AI Startups with Funding, Tools, and Mentorship

Junia Wells
Junia Wells
May 13, 2025
McDonald's to Hire 375,000 Workers This Summer: A Major Job Boost with Political Backing
Corporate & Industry Trends

McDonald's to Hire 375,000 Workers This Summer: A Major Job Boost with Political Backing

Fast-Food Giant Partners with Trump Administration Amid Expanding U.S. Operations

Rachel Steinberg
Rachel Steinberg
May 13, 2025
Kimco Realty CEO Reveals the Future of Shopping Centers: Prioritizing Services Over Retail
Corporate & Industry Trends

Kimco Realty CEO Reveals the Future of Shopping Centers: Prioritizing Services Over Retail

As Consumer Preferences Evolve, Shopping Centers Adapt by Focusing on Service-Oriented Businesses

Leah Rosenfeld
Leah Rosenfeld
May 13, 2025
Fintechs Grapple with Lower Interest Rates After Profit Boom: Is Diversification the Key?
Corporate & Industry Trends

Fintechs Grapple with Lower Interest Rates After Profit Boom: Is Diversification the Key?

With Interest Rates Declining, Fintechs Like Robinhood and Revolut Face a Major Business Model Challenge

David Goldfarb
David Goldfarb
May 13, 2025
SoftBank's Vision Fund Reports ¥115 Billion Annual Loss Amid Slowing Investment Gains
Corporate & Industry Trends

SoftBank's Vision Fund Reports ¥115 Billion Annual Loss Amid Slowing Investment Gains

Despite Vision Fund's downturn, SoftBank posts first annual profit in four years, driven by telecom and AI investments

David Goldfarb
David Goldfarb
May 13, 2025
Dubai Embraces Cryptocurrency: Residents Can Now Pay Government Fees via Crypto.com
Corporate & Industry Trends

Dubai Embraces Cryptocurrency: Residents Can Now Pay Government Fees via Crypto.com

Strategic alliance with Crypto.com propels Dubai's ambition to achieve 90% cashless transactions by 2026, reinforcing its status as a global fintech leader.

Calder Monroe
Calder Monroe
May 13, 2025
Trump Administration Weighs Suspending Habeas Corpus for Migrants, Says Advisor Stephen Miller
Corporate & Industry Trends

Trump Administration Weighs Suspending Habeas Corpus for Migrants, Says Advisor Stephen Miller

Proposal sparks debate over constitutional rights as administration faces immigration challenges

Leah Rosenfeld
Leah Rosenfeld
May 10, 2025
Trump Appoints Jonathan McKernan as Treasury Undersecretary for Domestic Finance
Corporate & Industry Trends

Trump Appoints Jonathan McKernan as Treasury Undersecretary for Domestic Finance

McKernan's nomination follows his previous selection to lead the Consumer Financial Protection Bureau

Calder Monroe
Calder Monroe
May 10, 2025
Omada Health Files for IPO Amid Market Challenges: Pioneering Virtual Chronic Care
Corporate & Industry Trends

Omada Health Files for IPO Amid Market Challenges: Pioneering Virtual Chronic Care

The digital health leader aims for a public debut, driven by rising demand for virtual care solutions

By Staff
By Staff
May 10, 2025
Google Settles $1.4 Billion Data Privacy Case with Texas: A Landmark Victory for Consumer Rights
Corporate & Industry Trends

Google Settles $1.4 Billion Data Privacy Case with Texas: A Landmark Victory for Consumer Rights

The tech giant agrees to pay a record-breaking settlement after being accused of violating Texans' data privacy

Junia Wells
Junia Wells
May 10, 2025
Trump’s Crypto Ventures Jeopardize Legislative Progress: Personal Profit vs. Policy
Corporate & Industry Trends

Trump’s Crypto Ventures Jeopardize Legislative Progress: Personal Profit vs. Policy

How the Former President’s Personal Crypto Pursuits Are Stalling Regulatory Efforts

Leah Rosenfeld
Leah Rosenfeld
May 10, 2025
Lyft Shares Surge as Company Increases Buyback Program to $750 Million
Corporate & Industry Trends

Lyft Shares Surge as Company Increases Buyback Program to $750 Million

Positive earnings report and strategic expansion plans boost investor confidence.

Rachel Steinberg
Rachel Steinberg
May 9, 2025
Former Celsius CEO Alex Mashinsky Sentenced to 12 Years for Multi-Billion-Dollar Crypto Fraud
Corporate & Industry Trends

Former Celsius CEO Alex Mashinsky Sentenced to 12 Years for Multi-Billion-Dollar Crypto Fraud

After pleading guilty to fraud charges, Mashinsky joins a growing list of disgraced crypto executives facing prison time.

Leah Rosenfeld
Leah Rosenfeld
May 9, 2025
SMIC Shares Plunge Nearly 7% After Disappointing Earnings Report
Corporate & Industry Trends

SMIC Shares Plunge Nearly 7% After Disappointing Earnings Report

Despite strong domestic demand, production fluctuations and missed estimates put pressure on China's leading chipmaker.

Leah Rosenfeld
Leah Rosenfeld
May 9, 2025
Bill Gates to Give Away Most of His Wealth and Close Foundation by 2045
Corporate & Industry Trends

Bill Gates to Give Away Most of His Wealth and Close Foundation by 2045

Driven by a sense of responsibility, Gates aims to tackle global challenges through philanthropy.

Junia Wells
Junia Wells
May 9, 2025
CrowdStrike Announces 500 Job Cuts Amid AI Push, Forecasts $10 Billion Revenue
Corporate & Industry Trends

CrowdStrike Announces 500 Job Cuts Amid AI Push, Forecasts $10 Billion Revenue

The cybersecurity giant reduces its workforce by 5%, focusing on AI advancements to drive innovation, efficiencies, and future growth.

Junia Wells
Junia Wells
May 8, 2025
OpenAI Appoints Instacart CEO Fidji Simo as Head of Applications
Corporate & Industry Trends

OpenAI Appoints Instacart CEO Fidji Simo as Head of Applications

A Strategic Leadership Shift to Drive OpenAI's Next Phase of Growth

David Goldfarb
David Goldfarb
May 8, 2025
Nintendo Targets 15 Million Switch 2 Sales Ahead of Launch
Corporate & Industry Trends

Nintendo Targets 15 Million Switch 2 Sales Ahead of Launch

New Console, Big Ambitions: Nintendo Gears Up for a Major Release

Calder Monroe
Calder Monroe
May 8, 2025
Disney Set to Announce Q2 Earnings: What Investors Need to Know
Corporate & Industry Trends

Disney Set to Announce Q2 Earnings: What Investors Need to Know

Streaming Challenges, Theme Park Trends, and CEO Succession in Focus

Leah Rosenfeld
Leah Rosenfeld
May 7, 2025
WeightWatchers Files for Bankruptcy: Navigating Financial Challenges
Corporate & Industry Trends

WeightWatchers Files for Bankruptcy: Navigating Financial Challenges

Iconic Weight Loss Brand Restructures Amid Rising Competition

Rachel Steinberg
Rachel Steinberg
May 7, 2025
Seagate's Ambitious Vision: Triple Hard Drive Capacity by 2030
Corporate & Industry Trends

Seagate's Ambitious Vision: Triple Hard Drive Capacity by 2030

Pioneering Data Storage Innovations to Meet Growing AI Demands

Leah Rosenfeld
Leah Rosenfeld
May 7, 2025
Ford CEO Jim Farley Secretly Drove Chinese EVs to Learn from Rivals: A Masterclass in Competitive Leadership
Corporate & Industry Trends

Ford CEO Jim Farley Secretly Drove Chinese EVs to Learn from Rivals: A Masterclass in Competitive Leadership

To stay ahead in the electric vehicle race, Ford's CEO immersed himself in the experience of driving Chinese electric cars—gaining insights that are now influencing one of America’s oldest automakers.

Rachel Steinberg
Rachel Steinberg
May 6, 2025
CFTC Moves to Dismiss Appeal Against Kalshi’s Political Betting Platform
Corporate & Industry Trends

CFTC Moves to Dismiss Appeal Against Kalshi’s Political Betting Platform

Decision paves the way for election-related trading, ignites criticism from watchdog groups

Leah Rosenfeld
Leah Rosenfeld
May 6, 2025
Hinge Health Posts 50% Surge in Q1 Revenue to $123.8 Million — But IPO Price Range Still Under Wraps
Corporate & Industry Trends

Hinge Health Posts 50% Surge in Q1 Revenue to $123.8 Million — But IPO Price Range Still Under Wraps

Digital physical therapy leader swings to profitability, strengthens margins, and signals IPO readiness amid market uncertainty

Junia Wells
Junia Wells
May 6, 2025
SpaceX's Starbase Officially Becomes a City: Employees Take the Helm in Musk's Visionary Community
Corporate & Industry Trends

SpaceX's Starbase Officially Becomes a City: Employees Take the Helm in Musk's Visionary Community

A New Chapter for the Texas Gulf Coast as Starbase Transitions from Launch Site to Incorporated Municipality

David Goldfarb
David Goldfarb
May 6, 2025
DoorDash Secures $3.9 Billion Deal to Acquire Deliveroo, Marking Major Shakeup in Global Food Delivery Market
Corporate & Industry Trends

DoorDash Secures $3.9 Billion Deal to Acquire Deliveroo, Marking Major Shakeup in Global Food Delivery Market

The acquisition grants DoorDash a dominant foothold in the UK and Europe, boosting its global presence to over 40 countries and targeting over 1 billion consumers.

By Staff
By Staff
May 6, 2025
Netflix Chief Content Officer Says Getting Fired Was Her Biggest Breakthrough: “It Set Me Free”
Corporate & Industry Trends

Netflix Chief Content Officer Says Getting Fired Was Her Biggest Breakthrough: “It Set Me Free”

Bela Bajaria reflects on her high-profile firing from Universal Television, how it reshaped her career, and why failure became the fuel for her success at Netflix.

David Goldfarb
David Goldfarb
May 5, 2025
NPR and PBS Vow to Fight Back Against Trump’s Funding Cuts
Corporate & Industry Trends

NPR and PBS Vow to Fight Back Against Trump’s Funding Cuts

Public media leaders warn of devastating impacts on local journalism, rural communities, and children’s programming amid unprecedented federal funding slash.

Leah Rosenfeld
Leah Rosenfeld
May 5, 2025
Marvel’s ‘Thunderbolts’ Kicks Off Summer Box Office with $76M U.S. Debut
Corporate & Industry Trends

Marvel’s ‘Thunderbolts’ Kicks Off Summer Box Office with $76M U.S. Debut

Global earnings reach $162.1 million as critics and fans praise the antihero ensemble film

Rachel Steinberg
Rachel Steinberg
May 5, 2025
AI and Workplace Inequality: Navigating the Challenges of the Digital Revolution
Corporate & Industry Trends

AI and Workplace Inequality: Navigating the Challenges of the Digital Revolution

Understanding the Impact of AI on Employment and Equity

Junia Wells
Junia Wells
May 5, 2025
Trump Proposes $6 Billion Cut to NASA, Redirects $1 Billion Toward Mars Missions
Corporate & Industry Trends

Trump Proposes $6 Billion Cut to NASA, Redirects $1 Billion Toward Mars Missions

In a major reshaping of U.S. space priorities, the Trump administration aims to scale back NASA’s broader activities in favor of a focused push toward Mars exploration.

Rachel Steinberg
Rachel Steinberg
May 3, 2025
European Corporations Slash Jobs as Economic Slowdown Grips Region
Corporate & Industry Trends

European Corporations Slash Jobs as Economic Slowdown Grips Region

Major European firms across auto, banking, tech, and consumer sectors announce mass layoffs in response to weak demand, overcapacity, and rising operational costs.

Junia Wells
Junia Wells
May 3, 2025
Inside Berkshire Hathaway’s Mega Shareholder Shopping Experience: Buffett Plushies, Exclusive Gear, and a Giant Claw Machine Draw Thousands
Corporate & Industry Trends

Inside Berkshire Hathaway’s Mega Shareholder Shopping Experience: Buffett Plushies, Exclusive Gear, and a Giant Claw Machine Draw Thousands

From $25,000 diamonds to $1 ice cream bars, this year’s 60th anniversary "Berkshire Bazaar of Bargains" turns Omaha into a shareholder playground.

Calder Monroe
Calder Monroe
May 3, 2025
Apple Held in Contempt for Violating App Store Ruling
Corporate & Industry Trends

Apple Held in Contempt for Violating App Store Ruling

Judge Accuses Apple of Misleading Court and Imposing Unlawful Fees on Developers

Rachel Steinberg
Rachel Steinberg
May 1, 2025
Is Australia Next in Line for the Trump Slump? Conservatives Worry About a Repeat of Canada's Election Struggles
Corporate & Industry Trends

Is Australia Next in Line for the Trump Slump? Conservatives Worry About a Repeat of Canada's Election Struggles

Peter Dutton faces growing challenges in his race for prime minister, with comparisons to Donald Trump fueling fears of electoral defeat.

Leah Rosenfeld
Leah Rosenfeld
May 1, 2025
Trade War Troubles Loom for Korean Air, but CEO Stays Optimistic Amidst Turbulence
Corporate & Industry Trends

Trade War Troubles Loom for Korean Air, but CEO Stays Optimistic Amidst Turbulence

Despite challenges posed by tariffs and competition, Korean Air’s CEO remains hopeful, focusing on strategic growth and future investments.

David Goldfarb
David Goldfarb
May 1, 2025
Tesla Board Quietly Initiated CEO Search to Replace Elon Musk Amid Tumultuous Performance
Corporate & Industry Trends

Tesla Board Quietly Initiated CEO Search to Replace Elon Musk Amid Tumultuous Performance

Facing falling profits, controversial leadership distractions, and shareholder unrest, Tesla’s board explored new leadership options earlier this year.

Calder Monroe
Calder Monroe
May 1, 2025
Microsoft Navigates U.S. Tariffs with Resilient Earnings and Strategic AI Investments
Corporate & Industry Trends

Microsoft Navigates U.S. Tariffs with Resilient Earnings and Strategic AI Investments

Software Giant Demonstrates Robust Financial Performance Amid Global Trade Tensions

Rachel Steinberg
Rachel Steinberg
May 1, 2025
Yum Brands CEO Asserts Resilience Amid Tariff Turmoil
Corporate & Industry Trends

Yum Brands CEO Asserts Resilience Amid Tariff Turmoil

Localized supply chains and AI-driven innovations help shield KFC, Taco Bell, and Pizza Hut from global trade disruptions.

Leah Rosenfeld
Leah Rosenfeld
May 1, 2025
Sam Altman’s World ID Project Launches in the U.S. with Eye-Scanning Tech at Six Locations
Corporate & Industry Trends

Sam Altman’s World ID Project Launches in the U.S. with Eye-Scanning Tech at Six Locations

The futuristic identity verification platform rolls out biometric orbs in major U.S. cities as it pushes toward a global digital ID system backed by blockchain and partnerships with Visa and Match Group.

David Goldfarb
David Goldfarb
May 1, 2025
Eric Trump Sounds Alarm: Traditional Banks Could Vanish by 2035 if They Don’t Evolve
Corporate & Industry Trends

Eric Trump Sounds Alarm: Traditional Banks Could Vanish by 2035 if They Don’t Evolve

In a bold critique from Dubai, Eric Trump slams the outdated global banking system, championing decentralized finance and forecasting the rapid rise of blockchain technology.

Leah Rosenfeld
Leah Rosenfeld
April 30, 2025
Barclays Surpasses Q1 Profit Expectations Amid Market Volatility
Corporate & Industry Trends

Barclays Surpasses Q1 Profit Expectations Amid Market Volatility

Strong Investment Banking Performance Offsets Tariff Concerns; Bank Prepares for Potential Economic Slowdown

Junia Wells
Junia Wells
April 30, 2025
UK at Risk of Falling Behind in Global Fintech and Crypto Race, Industry Leaders Warn
Corporate & Industry Trends

UK at Risk of Falling Behind in Global Fintech and Crypto Race, Industry Leaders Warn

As rivals like Singapore, the UAE, and the EU surge ahead with clearer regulations and greater funding access, British startups face mounting challenges in innovation, banking access, and talent acquisition.

Calder Monroe
Calder Monroe
April 30, 2025
Uber Ups Office Attendance to 3 Days a Week, Scales Back Remote Work Privileges
Corporate & Industry Trends

Uber Ups Office Attendance to 3 Days a Week, Scales Back Remote Work Privileges

CEO Calls for a Shift From 'Good' to 'Great' as Company Tightens Workplace Policies

Junia Wells
Junia Wells
April 29, 2025
Novartis Delivers Strong Q1 Results, Raises 2025 Outlook Amid Surging U.S. Investment
Corporate & Industry Trends

Novartis Delivers Strong Q1 Results, Raises 2025 Outlook Amid Surging U.S. Investment

Fueled by blockbuster drug sales and strategic U.S. expansion, Novartis raises its full-year forecast and positions itself for long-term global growth.

Calder Monroe
Calder Monroe
April 29, 2025
AI Data Center Expansion Slows but Future Investment Remains Robust
Corporate & Industry Trends

AI Data Center Expansion Slows but Future Investment Remains Robust

Temporary "pauses" in major tech companies' data center projects hint at strategic recalibration—not a collapse—as the AI boom fuels long-term growth.

Junia Wells
Junia Wells
April 28, 2025
Pony.ai and Tencent Forge Strategic Alliance to Launch Robotaxi Services via WeChat and Tencent Apps
Corporate & Industry Trends

Pony.ai and Tencent Forge Strategic Alliance to Launch Robotaxi Services via WeChat and Tencent Apps

Partnership to Integrate Autonomous Ride-Hailing into China's Largest Digital Ecosystem, Enhancing Urban Mobility

David Goldfarb
David Goldfarb
April 25, 2025
​Revolut Achieves Record $1.5 Billion Profit Amidst UK Banking License Milestone
Corporate & Industry Trends

​Revolut Achieves Record $1.5 Billion Profit Amidst UK Banking License Milestone

Fintech Giant's Revenue Soars 72% as It Prepares to Launch Full Banking Services in the UK

Junia Wells
Junia Wells
April 24, 2025
Procter & Gamble Lowers Outlook Despite Beating Profit Expectations as Sales Slide
Corporate & Industry Trends

Procter & Gamble Lowers Outlook Despite Beating Profit Expectations as Sales Slide

P&G sees slowing consumer demand, trims annual guidance despite $3.77 billion Q3 profit.

Leah Rosenfeld
Leah Rosenfeld
April 24, 2025
​Eli Lilly Targets Telehealth Firms Over Unauthorized Weight-Loss Drug Variants​
Corporate & Industry Trends

​Eli Lilly Targets Telehealth Firms Over Unauthorized Weight-Loss Drug Variants​

Pharma giant intensifies legal action against Mochi Health, Fella Health, Willow Health, and Henry Meds for distributing unapproved tirzepatide formulations​

Rachel Steinberg
Rachel Steinberg
April 23, 2025
Apple and Meta Hit with Multi-Million Euro Fines for Breaching EU Antitrust Rules
Corporate & Industry Trends

Apple and Meta Hit with Multi-Million Euro Fines for Breaching EU Antitrust Rules

EU Cracks Down on Digital Giants: Apple Fined $571 Million, Meta Faces $228 Million Penalty

David Goldfarb
David Goldfarb
April 23, 2025
CATL Surpasses BYD with Revolutionary EV Battery: 520 km Range in Just 5 Minutes​
Corporate & Industry Trends

CATL Surpasses BYD with Revolutionary EV Battery: 520 km Range in Just 5 Minutes​

World's largest EV battery maker unveils second-generation Shenxing battery, setting new benchmarks in ultra-fast charging and cold-weather performance.

David Goldfarb
David Goldfarb
April 22, 2025
Roche Commits $50 Billion to U.S. Expansion Amid Tariff Pressures​
Corporate & Industry Trends

Roche Commits $50 Billion to U.S. Expansion Amid Tariff Pressures​

Swiss pharmaceutical leader to create over 12,000 jobs and bolster U.S. manufacturing and R&D capabilities in response to potential import tariffs.

Calder Monroe
Calder Monroe
April 22, 2025
Sam Altman getting signed up for Worldcoin. (Photo: Twitter/Sam Altman)
Corporate & Industry Trends

Sam Altman getting signed up for Worldcoin. (Photo: Twitter/Sam Altman)

Justice calls emergency ruling "legally dubious" as court blocks use of 1798 Alien Enemies Act in controversial removals

Junia Wells
Junia Wells
April 21, 2025
Orb of Contention: Sam Altman’s Biometric Identity Project Faces Scrutiny
Corporate & Industry Trends

Orb of Contention: Sam Altman’s Biometric Identity Project Faces Scrutiny

Worldcoin's Eye-Scanning Technology Aims to Distinguish Humans from Bots Amid Privacy Concerns

David Goldfarb
David Goldfarb
April 21, 2025
U.S. Crackdown on AI Chips May Supercharge China’s Nvidia Alternatives, Analysts Say
Corporate & Industry Trends

U.S. Crackdown on AI Chips May Supercharge China’s Nvidia Alternatives, Analysts Say

Huawei and Other Domestic Players Like Cambricon Stand to Gain as Export Restrictions Tighten on Nvidia and AMD

Calder Monroe
Calder Monroe
April 21, 2025
U.S. CEO Says Sales Soared 3x During Trump Tariffs: Could This Shift How Americans Buy Electronics for Good?
Corporate & Industry Trends

U.S. CEO Says Sales Soared 3x During Trump Tariffs: Could This Shift How Americans Buy Electronics for Good?

As trade tensions with China escalate, a surge in demand for refurbished tech reveals a potential long-term shift in American consumer behavior—and a booming opportunity for the secondary electronics market.

David Goldfarb
David Goldfarb
April 21, 2025
Sen. Van Hollen’s Visit to El Salvador Sparks Debate Over Due Process and U.S. Constitutional Crisis
Corporate & Industry Trends

Sen. Van Hollen’s Visit to El Salvador Sparks Debate Over Due Process and U.S. Constitutional Crisis

Maryland Senator says the mission was to defend the U.S. Constitution and due process, not the individual, as the Trump administration continues to face scrutiny for wrongful deportation.

Rachel Steinberg
Rachel Steinberg
April 21, 2025
Trump’s Draft Order Seeks Major Overhaul of State Department, Slashing Embassies and Reworking Diplomatic Core
Corporate & Industry Trends

Trump’s Draft Order Seeks Major Overhaul of State Department, Slashing Embassies and Reworking Diplomatic Core

A leaked 16-page draft order reveals Trump’s plan to reshape U.S. foreign policy by closing embassies in Africa, axing climate and human rights offices, and revamping the hiring and structure of America’s diplomatic corps.

Leah Rosenfeld
Leah Rosenfeld
April 21, 2025
Paris Hilton’s Grand Ambition: “I’m Building the Next Disney Empire”
Corporate & Industry Trends

Paris Hilton’s Grand Ambition: “I’m Building the Next Disney Empire”

From reality TV to a media powerhouse, Hilton’s vision for 11:11 Media is reshaping entertainment and entrepreneurship

Leah Rosenfeld
Leah Rosenfeld
April 18, 2025
Trump Administration's IRS Intervention Sparks Controversy Over Political Favoritism
Corporate & Industry Trends

Trump Administration's IRS Intervention Sparks Controversy Over Political Favoritism

Treasury official's request to halt audits of Trump allies, including Mike Lindell, raises concerns about the politicization of the IRS.

David Goldfarb
David Goldfarb
April 18, 2025
Lisa Murkowski Breaks Silence: GOP Senator Cites Fear of Retaliation in Trump-Era Politics
Corporate & Industry Trends

Lisa Murkowski Breaks Silence: GOP Senator Cites Fear of Retaliation in Trump-Era Politics

Alaska's senior senator reveals a climate of fear within the Republican Party, highlighting concerns over executive overreach and internal pressures.

Calder Monroe
Calder Monroe
April 18, 2025
Meta CEO Mark Zuckerberg Defends Instagram and WhatsApp Acquisitions Amid FTC Antitrust Trial
Corporate & Industry Trends

Meta CEO Mark Zuckerberg Defends Instagram and WhatsApp Acquisitions Amid FTC Antitrust Trial

Zuckerberg's Testimony Highlights Meta's Competitive Landscape and Strategic Decisions

Calder Monroe
Calder Monroe
April 18, 2025
Coca-Cola Reinvents BodyArmor to Challenge Gatorade’s Dominance
Corporate & Industry Trends

Coca-Cola Reinvents BodyArmor to Challenge Gatorade’s Dominance

Revamped packaging, bold ads, and a $5.6B investment revival: Can BodyArmor finally break through the sports drink battlefield?

Leah Rosenfeld
Leah Rosenfeld
April 18, 2025
Tesla Resolves Racial Harassment Lawsuit Amid Ongoing Workplace Discrimination Allegations
Corporate & Industry Trends

Tesla Resolves Racial Harassment Lawsuit Amid Ongoing Workplace Discrimination Allegations

Settlement Reached with Former Employee Raina Pierce Following Claims of Racial Slurs and Discriminatory Practices at Fremont Factory

David Goldfarb
David Goldfarb
April 18, 2025
Quantum Leap: How Google's Willow Chip Could Revolutionize AI
Corporate & Industry Trends

Quantum Leap: How Google's Willow Chip Could Revolutionize AI

Inside Google's Quantum AI Lab, a 105-Qubit Breakthrough Aims to Propel Artificial Intelligence Beyond Current Limits

Calder Monroe
Calder Monroe
April 18, 2025
New Jersey Sues Discord Over Alleged Child Safety Failures
Corporate & Industry Trends

New Jersey Sues Discord Over Alleged Child Safety Failures

State accuses popular chat app of deceptive practices and inadequate protections for minors

Leah Rosenfeld
Leah Rosenfeld
April 18, 2025
"Made in China 2025": Ambitious Goals, Mixed Results
Corporate & Industry Trends

"Made in China 2025": Ambitious Goals, Mixed Results

A decade into its industrial strategy, China has achieved notable advancements in sectors like electric vehicles and high-speed rail but continues to rely on foreign technology in critical areas.​

David Goldfarb
David Goldfarb
April 18, 2025
OpenAI Explored Cursor Acquisition Before Pursuing $3B Deal with Windsurf
Corporate & Industry Trends

OpenAI Explored Cursor Acquisition Before Pursuing $3B Deal with Windsurf

AI Giant Evaluated Multiple Coding Assistants Amidst Surge in Developer Tools

Leah Rosenfeld
Leah Rosenfeld
April 17, 2025
Amazon Wanted to Buy Netflix in 1998—Here’s Why Its Founders Said No to Jeff Bezos
Corporate & Industry Trends

Amazon Wanted to Buy Netflix in 1998—Here’s Why Its Founders Said No to Jeff Bezos

Netflix co-founders passed on an eight-figure buyout offer from Amazon, betting instead on a bold vision that would take two decades of relentless work to fulfill.

David Goldfarb
David Goldfarb
April 17, 2025
23andMe Bankruptcy Sparks Congressional Probe Over Genetic Data Privacy
Corporate & Industry Trends

23andMe Bankruptcy Sparks Congressional Probe Over Genetic Data Privacy

Lawmakers Demand Answers as 15 Million Users' DNA Faces Uncertain Future Amid Company’s Collapse

Calder Monroe
Calder Monroe
April 17, 2025
Federal Judge Rules Google Illegally Monopolized Online Ad Tech Markets
Corporate & Industry Trends

Federal Judge Rules Google Illegally Monopolized Online Ad Tech Markets

Landmark antitrust decision exposes Google's dominance in digital advertising, paving the way for potential structural remedies.

Leah Rosenfeld
Leah Rosenfeld
April 17, 2025
Chris Krebs Resigns from SentinelOne Amid Trump Administration Retaliation
Corporate & Industry Trends

Chris Krebs Resigns from SentinelOne Amid Trump Administration Retaliation

Former CISA Director Steps Down to Confront Political Targeting and DOJ Investigation​

Junia Wells
Junia Wells
April 17, 2025
Nissan Aims to Maximize U.S. Production Amid Trump’s Tariffs
Corporate & Industry Trends

Nissan Aims to Maximize U.S. Production Amid Trump’s Tariffs

With the threat of 25% tariffs on vehicles and parts, Nissan focuses on increasing production at its U.S. facilities to boost domestic output and aid in a U.S. operations turnaround

David Goldfarb
David Goldfarb
April 17, 2025
BP Faces Shareholder Revolt Over Abandonment of Green Commitments
Corporate & Industry Trends

BP Faces Shareholder Revolt Over Abandonment of Green Commitments

Investors challenge leadership as BP pivots back to fossil fuels, sparking concerns over climate strategy and corporate governance.​

David Goldfarb
David Goldfarb
April 17, 2025
BP Faces Shareholder Revolt Over Abandonment of Green Strategy
Corporate & Industry Trends

BP Faces Shareholder Revolt Over Abandonment of Green Strategy

Investors challenge BP's leadership at AGM following the company's pivot back to fossil fuels and dilution of climate commitments.​

Rachel Steinberg
Rachel Steinberg
April 17, 2025
TSMC Surpasses Q1 Profit Expectations Amid AI Demand, Maintains Revenue Forecast Despite U.S. Tariff Concerns
Corporate & Industry Trends

TSMC Surpasses Q1 Profit Expectations Amid AI Demand, Maintains Revenue Forecast Despite U.S. Tariff Concerns

Taiwanese chipmaker reports 60% profit surge, commits to $100 billion U.S. investment, while navigating geopolitical challenges

Leah Rosenfeld
Leah Rosenfeld
April 17, 2025
AMD Faces $800 Million Setback Due to U.S. Chip Export Restrictions on China
Corporate & Industry Trends

AMD Faces $800 Million Setback Due to U.S. Chip Export Restrictions on China

New U.S. licensing rules on semiconductor exports to China could slow AMD's AI growth ambitions and cost the company hundreds of millions in potential revenue.

Rachel Steinberg
Rachel Steinberg
April 16, 2025
OKX Enters U.S. Crypto Market with Trading Platform and Multi-Chain Wallet Launch
Corporate & Industry Trends

OKX Enters U.S. Crypto Market with Trading Platform and Multi-Chain Wallet Launch

New U.S. headquarters, fresh leadership, and an all-in-one Web3 wallet signal a bold move as OKX positions itself as a top-tier alternative to Coinbase and Binance

Rachel Steinberg
Rachel Steinberg
April 16, 2025
Lyft to Acquire European Ride-Hailing App Free Now for $200 Million in Strategic Global Expansion
Corporate & Industry Trends

Lyft to Acquire European Ride-Hailing App Free Now for $200 Million in Strategic Global Expansion

Deal marks Lyft’s entry into Europe, tapping into over 50 million users and $1B+ in annual bookings amid intense competition with Uber, Bolt, and Gett

Leah Rosenfeld
Leah Rosenfeld
April 16, 2025
​Jim Cramer Criticizes Trump Administration for Delayed Deregulation Efforts
Corporate & Industry Trends

​Jim Cramer Criticizes Trump Administration for Delayed Deregulation Efforts

​Market Analyst Urges Action on Financial and Tech Industry Regulations​

Rachel Steinberg
Rachel Steinberg
April 16, 2025
United Airlines Issues Dual Earnings Projections, Navigating Economic Uncertainty Amid Potential Recession
Corporate & Industry Trends

United Airlines Issues Dual Earnings Projections, Navigating Economic Uncertainty Amid Potential Recession

Company releases two possible forecasts, reflecting unpredictable economic conditions, as market volatility eases.

Rachel Steinberg
Rachel Steinberg
April 16, 2025
Japan Slaps Google With Major Antitrust Crackdown Over Android Search Monopoly
Corporate & Industry Trends

Japan Slaps Google With Major Antitrust Crackdown Over Android Search Monopoly

Cease-and-desist order signals Japan's toughest stance yet against Big Tech power plays

Junia Wells
Junia Wells
April 16, 2025
AI-Powered Data Centers Could Drive Up Your Power Bill, Experts Warn
Corporate & Industry Trends

AI-Powered Data Centers Could Drive Up Your Power Bill, Experts Warn

Without urgent reform, utility costs may shift to everyday consumers as data demand surges

Calder Monroe
Calder Monroe
April 16, 2025
ASML Falls Short of Order Forecasts Amid Mounting U.S. Tariff Pressures
Corporate & Industry Trends

ASML Falls Short of Order Forecasts Amid Mounting U.S. Tariff Pressures

Semiconductor manufacturing leader remains confident in AI-driven demand but warns of macroeconomic headwinds

Rachel Steinberg
Rachel Steinberg
April 16, 2025
Google Hit with £5 Billion UK Lawsuit Over Alleged Search Monopoly
Corporate & Industry Trends

Google Hit with £5 Billion UK Lawsuit Over Alleged Search Monopoly

UK Businesses Accuse Tech Giant of Inflating Ad Costs Through Market Dominance

Calder Monroe
Calder Monroe
April 16, 2025
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Canada’s Top Oil Producer Seeks to Reduce U.S. Dependence Amid Trump’s Tariff Threats

Canada’s Top Oil Producer Seeks to Reduce U.S. Dependence Amid Trump’s Tariff Threats

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