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Joann to close 500 stores — most of its chain — after filing for second bankruptcy - New York Post
The fabrics and craft retailer is closing 500 of its 800 stores.

Elizabeth Holmes says from prison she's 'committed' to 'making healthcare solutions available to everyone' - TechCrunch
People magazine has landed the first interview with Elizabeth Holmes since she reported to prison in 2023, and the convicted Theranos founder says she is

"Armored Tesla" forecast to win $400 million State Department contract after Trump's election, government document shows - Drop Site News
The State Department’s procurement forecast, revised as of late December 2024, lists Tesla as the recipient of the largest expected contract, with Marco Rubio’s department planning to buy $400,000,000 worth of “Armored Tesla.”

‘Utterly outrageous’: CFPB terminates expert witness contracts - CNN
The Consumer Financial Protection Bureau has terminated contracts with multiple expert witnesses it had hired in cases against companies accused of hurting consumers.
Here's how long eggs stay fresh in the fridge, cooked or frozen, plus tips amid bird flu fears - ABC News

NYSE to launch stock exchange in Texas - Axios
The New York Stock Exchange is announcing plans to launch an equities exchange in Texas.
Her parents were injured in a Tesla crash. She ended up having to pay Tesla damages - The Associated Press
Tesla has sued its own customers and journalists in China for defamation – and won just about every time. Elon Musk’s company has pioneered an aggressive legal strategy in China and leveraged the patronage of political leaders to silence critics, reap financi…

Trump Mocked After Blaming Bad Inflation Report On Biden - HuffPost
One social media user noted that Trump also took credit when the stock market was up under Biden, and asked, “How does anyone take this guy seriously?”

NYSE launching stock exchange in Dallas - Axios
The New York Stock Exchange is announcing plans to launch an equities exchange in Texas.

Trump wants lower interest rates to go ‘hand in hand’ with tariffs, but yields are soaring after inflation data came in hot - Fortune
Wall Street is reckoning with the possibility the Federal Reserve will stand down on rate cuts this year.

‘No signs of slowing’: US egg prices soar as avian flu rips across farms - Financial Times
Wholesale prices have doubled over the past year as culls to stop spread of virus prompt shortages and rationing

CFPB’s new leadership begins staff purge with dozens of employees terminated - CNBC
The terminations have sowed more confusion at the bureau, as several of those being laid off had already accepted federal buyout offers, said one of the people.

Ford CEO reportedly says layoffs possible if Trump administration repeals Biden-era legislation - News 5 Cleveland WEWS
The Ford Motor CEO Jim Farley announced his company could be forced to lay off employees if the Trump administration ends subsidies and financial support for electric vehicle manufacturing.

Dave's Hot Chicken reportedly seeks a buyer - Axios
The fast-casual chain could fetch $1 billion.

Social Security alert: See latest projection for 2026 change - syracuse.com
Millions of people across the country receive Social Security benefits.

JPMorgan reportedly starts first round of layoffs with more cuts later this year - New York Post
The largest US bank reported a record annual profit as its dealmakers and traders reaped a windfall from rebounding markets in the fourth quarter.

Trump calls for lower borrowing costs, hinting at potential clash with Fed - POLITICO
The president's post came only a half hour before the Labor Department reported that inflation climbed last month.

Comcast and NBCUniversal receive FCC inquiry on DEI initiatives - CNBC
The Federal Communications Commission has sent a letter to Comcast inquiring about its DEI practices, a company spokesperson confirmed Wednesday.

Stock Market Today: Dow Jones Still Down, But Nasdaq Reverses Higher; House Speaker Notes Possible Tariff Exemptions (Live Coverage) - Investor's Business Daily
The Dow Jones dived after hot inflation data in the stock market today. Nvidia partner SMCI soared. Fed Chair Powell continued his testimony.

Grimes Speaks Out After Ex-Partner Elon Musk Brings Their Son to Oval Office Press Conference - Hollywood Reporter
The 4-year-old made for an adorable distraction as the DOGE hatchet man spoke of deep cuts across the government.