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Economy

Economy

Elon Musk confirms Tesla has signed a $16.5 billion chip contract with Samsung Electronics

July 29, 2025
Samsung Electronics has entered into a $16.5 billion contract for supplying semiconductors to Tesla, based on a regulatory filing by the South…
Economy

Things are getting better at Boeing under CEO Ortberg, but can he keep it going?

July 29, 2025
After spiraling from crisis to crisis over much of the past seven years, Boeing is stabilizing under CEO Kelly Ortberg’s leadership. Ortberg,…
Economy

Palantir joins list of 20 most valuable U.S. companies, with stock more than doubling in 2025

July 27, 2025
Palantir has hit another major milestone in its meteoric stock rise. It’s now one of the 20 most valuable U.S. companies. The…
Economy

Microsoft’s Satya Nadella says job cuts have been ‘weighing heavily’ on him

July 26, 2025
Microsoft has laid off over 15,000 people so far in 2025. The stress of the belt-tightening has gotten to CEO Satya Nadella….
Economy

FCC greenlights Paramount’s $8 billion merger with entertainment group Skydance

July 26, 2025
Trump administration regulators have approved Skydance Media’s $8 billion bid to acquire CBS News parent company Paramount, paving the way for a…
Economy

UnitedHealth says it is facing DOJ investigation over Medicare billing practices

July 25, 2025
UnitedHealth Group revealed Thursday it is facing a Justice Department investigation over its Medicare billing practices. It comes after the Wall Street…
Economy

Alphabet beats earnings expectations, raises spending forecast

July 25, 2025
Alphabet reported second-quarter results on Wednesday that beat on revenue and earnings, but the company said it would raise its capital investments…
Economy

Uber will let women drivers and riders request to avoid being paired with men

July 25, 2025
Uber announced a new feature Wednesday that pairs women drivers and riders, in its latest move to address safety on the ride-hailing…
Economy

UnitedHealth says it faces DOJ investigation over Medicare billing practices

July 25, 2025
UnitedHealth Group revealed Thursday it is facing a Justice Department investigation over its Medicare billing practices. It comes after the Wall Street…
Economy

Credit card startup Imprint beats big banks for Rakuten co-brand deal

July 24, 2025
There’s a new player making waves in an industry dominated by big banks. Imprint, the 5-year-old credit card startup, beat out banks…
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