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Economy

Economy

Apple crushes Wall Street expectations as iPhone sales soar

August 1, 2025
SAN FRANCISCO — Apple on Thursday reported sales and profit that far surpassed expectations, showing that its efforts to re-route its sprawling…
Economy

JPMorgan marks 1,000th branch opening since 2018 expansion plans

August 1, 2025
JPMorgan Chase has built 1,000 new branches in seven years. That’s more locations than most of its competitors operate in total. The…
Economy

Recall warns some Celsius energy drink cans accidentally contain alcohol

July 31, 2025
The canned cocktail maker High Noon is warning customers that some of its vodka seltzers were accidentally labeled as Celsius energy drinks….
Economy

Trump ends de minimis exemption for global low-cost goods

July 31, 2025
President Donald Trump on Wednesday signed an executive order ending the de minimis trade loophole for low-value packages shipped from all countries….
Economy

Union Pacific to buy Norfolk in $85 billion mega U.S. railroad deal

July 30, 2025
July 29 (Reuters) – Union Pacific said on Tuesday it would buy smaller rival Norfolk Southern in an $85-billion deal to create…
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…
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