business News

World’s first flying car hops over vehicle in public test - The Independent

Alef Aeronautics says ‘Kitty Hawk moment’ marks a new era for transportation

Wealthiest 10% of Americans Drive Bulk of Consumer Spending - PYMNTS.com

While many Americans are cutting back, their wealthier neighbors are spending freely. As the Wall Street Journal (WSJ) reported late Sunday (Feb. 23), the

Berkshire shares rise on surge in operating earnings, but questions linger about cash - CNBC

The conglomerate's operating profit — earnings from the company's wholly owned businesses — skyrocketed 71% to $14.5 billion in the fourth quarter.

Alibaba’s (NYSE:BABA) AI Rally “Has Room to Run” - TipRanks

Morgan Stanley upgraded Alibaba ($BABA) stock, arguing the Chinese AI play has room to run higher after a 70% rally in 2025 so far as cloud demand really accelerate...

Starbucks is removing 13 drinks from its menu — here’s what’s leaving - New York Post

Starbucks is shaking up their menu this Spring.

Starbucks lays off 1,100 corporate employees as coffee chain streamlines - The Associated Press

Starbucks plans to lay off 1,100 corporate employees globally as new Chairman and CEO Brian Niccol streamlines operations. In a letter to employees released Monday, Niccol said the company will inform employees who are being laid off by mid-day Tuesday. Nicco…

Alibaba Stock Falls After China Tech Giant Pledges $52 Billion AI Spending Push - Investor's Business Daily

Brace for slower growth and a 'significant correction,' Steve Cohen says - Business Insider

Point72's Steve Cohen said he's "pretty negative" on the impact of tariffs, lower immigration, government spending cuts, and inflation on the economy.

Tesla Prepares to Deploy Long-Awaited FSD Features in China - Bloomberg

Tesla Inc. is readying a software update for customers in China to offer driver-assistance capabilities similar to those marketed as Full Self-Driving in the US, according to a person familiar with the matter.

Microsoft Cancels Some Data Center Leases, TD Cowen Says. What It Means for the AI Trade. - Barron's

Apollo to Acquire Bridge Investment Group - Apollo Global Management

Scaled Investment Platform Expands Apollo’s Origination Capabilities in Residential and Industrial Real Estate Bridge Manages $50 Billion of High-Quality AUM in Complementary Sectors Aligned with...

Apple commits $500B to US manufacturing, including a new AI server facility in Houston - TechCrunch

The U.S. government is leaning hard on tech companies to make more commitments to building their businesses in the country, and Big Tech is falling in

Buffett Is Out of Investment Ideas. Nvidia, Inflation Data Could Be Next Market Catalysts and 5 Other Things to Know Today. - Barron's

Warren Buffett promised to pay Forest River CEO Pete Liegl whatever he asked - Fortune

Berkshire Hathaway CEO Warren Buffett said a gamble promising to pay Forest River CEO Pete Liegl whatever he wanted was a risk which paid off.

Palantir Stock Falls Again as Slump Enters 4th Day. What’s Worrying Investors. - Barron's

Copycat Ozempic makers brace for crackdown - Axios

Makers of off-brand weight-loss drugs are bracing for upheaval after the FDA declared Ozempic and Wegovy are no longer in shortage.

Domino’s Pizza Missed Earnings Estimates. The U.S. Market Remains a Weak Spot. - Barron's

Why the ‘war on inflation’ is over — even though the ‘experts’ don’t get it - New York Post

The war is over: not the war in Ukraine or Gaza – I mean the war on inflation.

‘Uncertainty is rising’: Stock market turbulence could spell trouble for Trump - POLITICO

A growing collection of hedge fund managers, financiers and analysts say the markets are now running too hot and are at risk of a sudden downturn.

Potato chip prices are soaring due to an unexpected factor: 'It's not sustainable' - Yahoo

A bag of potato chips now costs nearly 50 percent more than 10 years ago.