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Markets
Peloton to charge sizable ‘activation fee’ for used equipment purchases
Consumers in the United States and Canada who buy used Peloton exercise machines will face…
Hardware wholesaler True Value files for bankruptcy, plans sale to rival
Wholesale hardware supplier True Value has filed for Chapter 11 bankruptcy and is aiming to…
President-elect Trump launches own cryptocurrency meme coin ahead of inauguration
President-elect Trump took the $3.5 trillion cryptocurrency industry by surprise Friday night, announcing the launch…
CEOs prepare for Trump administration
President-elect Trump will take office on Monday, and Wall Street and Corporate America are bracing…
Southwest to pause some hiring, summer internships in cost-cutting measure
Southwest Airlines is looking to trim costs by halting some hiring and most summer internships.…
Meta cutting 5% of workforce through performance-based attrition
Facebook parent Meta on Tuesday announced that it's planning to cut back its workforce with…
Investment bankers say Trump mergers and acquisitions boom already underway
President-elect Trump doesn’t officially take office for another week, but investment bankers say a boom…
Apple’s board recommended shareholders reject DEI rollback proposal
Apple's board of directors urged shareholders to reject a proposal that would require the company…
Alcohol maker stocks see declines in wake of Surgeon General cancer advisory
Popular alcohol producers had a bumpy morning as investors reacted to an advisory from the…
AT&T to offer customers bill credits for network outages
Telecom giant AT&T on Wednesday announced that it will offer bill credits to customers who…
Wildfires expose California’s insurance crisis; Meta, Amazon ditch DEI; and IRS outlines tax season
Stocks tumbled after a stronger-than-expected jobs report, raising new headwinds for the Federal Reserve -President-elect…
Chick-fil-A’s lemon-squeezing automation cuts over 10,000 hours per day: report
Atlanta-based Chick-fil-A Inc. is cutting nearly 10,000 hours of work per day at its locations…
