
Business
All the latest news stories about the business world: mergers, IPOs, trends, personalities, and more


Amazon Shutting Down Standalone Freevee App
Amazon is shutting down its standalone Freevee app in August and integrating the ad-supported streaming service into its main Prime Video platform.

Microsoft Lays of 9,000 Workers
Microsoft is slashing about 9,000 jobs in its largest round of layoffs in over two years, affecting teams across Xbox, sales, and other divisions worldwide.

Nearly 368,000 pounds of turkey bacon recalled in listeria scare
The maker of Oscar Mayer turkey bacon is recalling nearly 368,000 pounds of the product because it may be contaminated with listeria bacteria.

How a rift over regulation doomed the big bill’s ban on state AI laws
A stark disagreement over regulating AI in Republicans’ tax cut and spending bill is the latest tension among conservatives about whether to let states continue to put guardrails on emerging technologies or minimize such interference.

Inventor of the cellphone has insight on future of communications
Martin Cooper changed the world when he pioneered the portable phone, which weighed four pounds at the time. What's next?

U.S. Private Payrolls Fall by 33K in June, Shaking Labor Market Optimism
Mark Hamrick of Bankrate discusses the jobs market, AI's growing impact on employment, and how markets are reacting to today’s surprising payroll data.

Netflix Will Air Live NASA Launches This Summer
NASA is partnering with Netflix to stream live space events, including rocket launches, spacewalks, and Earth views from the International Space Station.

Lululemon Sues Costco Over Kirkland Knockoffs
Lululemon has filed a lawsuit against Costco in the U.S. District Court for the Central District of California, alleging they are selling authorized knockoff's.

Paramount Global Settles with Trump For $16 Million
Paramount Global, parent of CBS News, has agreed to a $16 million settlement with President Trump over his defamation-style lawsuit.

Clean Energy Stocks Rise After Tax Removal From 'Big Beautiful Bill'
Clean energy stocks rose Tuesday after the Senate removed a proposed tax on solar and wind projects from Trump’s “One Big Beautiful Bill.”

Peach & Lily CEO On Going From K‑Beauty Pioneer to 2025’s Skincare Brand of the Year
Alicia Yoon, CEO of Peach & Lily, explores K‑Beauty’s rise, their plant‑powered innovation process & the popularity of the glass skin trend. Watch!

Lululemon files lawsuit against Costco over alleged ‘dupes’
Lululemon has filed a lawsuit against Costco that accuses the wholesale club operator of selling "dupes."

Pharma Stocks Soar Amid Medicaid Cuts and Trump’s Price Pressure — Here’s Why
Amanda Chu of POLITICO reveals how lawmakers are betting millions on pharma stocks even as Trump threatens tariffs and demands steep drug price cuts. Watch!

What You Need to Know Ahead of Potential Record-Breaking Travel For July 4th
Hayley Berg, Hopper’s lead economist, previews soaring summer 2025 travel: record international flights, cheaper fares for Europe & Asia, plus booking hacks.

Nasdaq Outpaces NYSE in First Half of 2025
Nasdaq outpaced the NYSE in the first half of 2025, raising $21.3 billion through IPOs compared to $8.7 billion on the NYSE.

Meta Confirms Launch of Superintelligence Labs
Mark Zuckerberg has announced the creation of Meta Superintelligence Labs, a centralized A.I. division overseeing applied research and product strategy.

Musk’s XAI Secures $10B in Funding
Elon Musk’s A.I. company xAI secured a total of $10 billion in funding.
