business News
Stay updated with the latest business news, articles, and updates.
Morning Coffee: Jamie Dimon now regrets elements of his work from home rant. Two banks are cutting jobs thanks to AI - eFinancialCareers
Jamie Dimon is semi-repentant.
Nvidia (NVDA) Is About to Report Q4 Earnings Tomorrow. Here Is What to Expect - TipRanks
AI giant Nvidia ($NVDA) is set to release its Q4 FY25 results on February 26. NVDA stock has gained about 65% over the past year, primarily due to the booming <...
Chainalysis reveals how Bybit hackers stole $1.4 billion in crypto - Cointelegraph
Chainalysis said the hackers are deliberately keeping the funds idle to avoid heightened scrutiny after the high-profile incident.
Coca-Cola’s appeal to Palestinians fizzles as the Mideast war boosts demand for a local look-alike - The Associated Press
The caramel brown liquid, red-and-white soda cans and splashy big font bear remarkable resemblance to an iconic American soft drink. But this popular drink is Chat Cola, an upstart Palestinian soda company, which has seen its products explode in popularity ac…
Starbucks axes 1,100 jobs in bid for US turnaround - BBC.com
It is also simplifying the menu, including dropping the Royal English Breakfast Latte in the US.
Apple shareholders are expected to consider scrapping diversity programs amid backlash - The Associated Press
Apple shareholders on Tuesday are expected to reject an attempt to pressure the technology trendsetter into joining in the recent fad of dismantling corporate programs designed to diversify workforces. The proposal drafted by the National Center for Public Po…
Wealthy millennials are spending thousands on Jaguar Land Rover monthly subscriptions - Fortune
Jaguar Land Rover's investment vehicle has created two startups that are attracting young, wealthy drivers.
Musk’s SpaceX Enters U.S. Airspace with Starlink-FAA Tie-Up - TipRanks
Elon Musk’s aerospace company SpaceX is seeking to integrate its Starlink satellite terminals in the U.S. FAA’s (Federal Aviation Administration) national airspace ...
Best Cars of the Year: 10 Top Picks of 2025 - Consumer Reports
These are the 10 Top Picks of 2025—the best cars of the year meet CR's highest standards for road-test performance, safety, reliability, and owner satisfaction.
Frozen shakes sold to nursing homes recalled after 12 die of listeria - The Washington Post
The frozen shakes were served at hospitals and long-term care facilities, sickening 38 people and resulting in 11 deaths in 21 states, according to the FDA.
Passengers evacuated via emergency slides from Delta plane at Hartsfield-Jackson - The Atlanta Journal Constitution
Delta flight 876 took off from the Atlanta airport to fly to Columbia, South Carolina, at about 8:30 a.m. But after departure, a haze raised concerns about smoke.
Trump Team Seeks to Toughen Biden’s Chip Controls Over China - Bloomberg
Donald Trump’s administration is sketching out tougher versions of US semiconductor curbs and pressuring key allies to escalate their restrictions on China’s chip industry, an early indication the new US president plans to expand efforts that began under Joe …
North Korean hackers behind $1.5 billion crypto hack: Security firm - The Hill
North Korean hackers were behind a sophisticated hack that stole about $1.5 billion worth of digital currency from Bybit, a major cryptocurrency exchange, according to security firm TRM. “TRM has determined – with high confidence – that the Bybit hack was per…
Bank of Korea slashes rates to lowest since August 2022 on economic worries, cuts growth forecast - CNBC
The Bank of Korea cut rates to 2.75% from 3%, in line with expectations from economists polled by Reuters, trimming rates for the third time in four meetings.
Japanese trading companies' shares jump on Buffett comments - Yahoo Finance
Shares in Japan's five major trading houses rose more than 5% in early trade on Tuesday after billionaire investor Warren Buffett said his conglomerate...
S&P 500 futures are little changed after index posts third consecutive losing session: Live updates - CNBC
During Monday's regular session, shares of key tech companies dragged the S&P 500 and the Nasdaq Composite into negative territory.
Starbucks cuts 2025: Company announces layoffs and what it's cutting from menu - Axios
Starbucks is cutting more than 1,100 jobs and unveiled some of the "less popular beverages" it plans to cut.
Jamie Dimon says he hopes DOGE is successful because the US government is 'not very competent' - Business Insider
JPMorgan CEO Jamie Dimon said the government is inefficient and that he hopes DOGE is successful at making it more effective.
Energy costs likely to rise under Ofgem's new price cap - BBC.com
Regulator Ofgem says a household using a typical amount of energy will see its annual bill rise by £111.
Web Summit attendees aren’t buying Scale AI CEO’s push for America ‘to win the AI war’ - TechCrunch
In a bold move last month, Scale AI CEO Alexandr Wang took out a full-page ad in The Washington Post, telling President Trump that “America must win the