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Elon Musk’s SpaceX acquires xAI
SpaceX on Monday acquired xAI, the artificial intelligence startup that also owns the X social…
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Amazon slashes another 16,000 jobs
Amazon said Wednesday it was slashing another 16,000 jobs across the company in an ongoing…
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Trump sues JPMorgan Chase and CEO Jamie Dimon for $5B over alleged ‘debanking’
President Donald Trump on Thursday filed a $5 billion lawsuit against JPMorgan Chase and its…
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Valentino, founder of Italian luxury empire, dies at 93
ROME — Italian fashion designer Valentino Garavani has died, his foundation said Monday. Usually known…
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Saks files for bankruptcy as luxury market struggles
The company that owns the iconic luxury retailer Saks Fifth Avenue filed for bankruptcy late…
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Warner Bros. Discovery rejects Paramount’s amended takeover offer
Warner Bros. Discovery on Wednesday rejected Paramount Skydance’s amended takeover offer, the latest in a…
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Trump Media to merge with nuclear fusion company
Trump Media & Technology will merge with a fusion power company in an all-stock deal…
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Shopify says a daylong Cyber Monday outage has been resolved
Outages on Shopify’s e-commerce platform have been resolved, the company said late Monday, bringing to…
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Prada Group says it has purchased fashion rival Versace in a deal worth nearly $1.4 billion
MILAN — The Prada Group announced Tuesday that it has officially purchased Milan fashion rival…
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Airbus says most of its recalled 6,000 A320 jets are now modified
PARIS — Airbus fleets were returning toward normal operations on Monday after the European plane…