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


Shaq and Iverson revive Reebok from obscurity in ‘Power Moves’
Shaquille O’Neal and Allen Iverson once clashed on the court in the 2001 NBA Finals, but now the basketball legends are joining forces to revive the Reebok brand they helped make iconic.

Midea recalling 1.7 million of its popular air conditioners due to mold concern
Midea is voluntarily recalling about 1.7 million of its popular U and U+ Smart air conditioners because pooled water in the units may not drain fast enough, leading to mold growth.

Elon Musk pulls back on threat to withdraw Dragon spacecraft
Elon Musk is dialing back his threat to decommission a capsule used to take astronauts and supplies to the International Space Station for NASA. T

U.S. Economy Added 139,000 Jobs in May
The U.S. economy added 139,000 jobs in May 2025, surpassing expectations.

Turo Meets Uber: Inside the Deal That Could Redefine Ridesharing
Turo CEO Andre Haddad discusses the company's recent partnership with Uber and how it is changing the way people get around town. Watch!

Big Business This Week: Trump vs. Musk goes nuclear
Forget Brad and Angelina, Ben and Jenn, The Beatles, Brexit, or even Henry VIII and his wives. This is the biggest split in recent history.

Crypto Meets Wall Street: Circle’s CFO on the IPO Pop Heard Around the Market
Jeremy Fox-Geen, the Chief Financial Officer at Circle, joins Cheddar for a one-on-one interview as the company's stock surges on its first day of trading.

Supreme Court makes it easier to claim ‘reverse discrimination’
A unanimous Supreme Court has made it easier to bring lawsuits over so-called reverse discrimination, siding with an Ohio woman who claims she didn’t get a job and was demoted because she's straight.

Trump threatens to cut Musk’s government contracts over feud
President Donald Trump is threatening to cut Elon Musk’s government contracts as their fractured alliance rapidly escalated into a public feud.

Tesla stock plunges as Musk’s feud with Trump spooks investors
Tesla plunged closed down more than 14% as a disagreement over the U.S. president's budget bill turned nasty.

Nintendo Fans Go Crazy for Switch 2
Nintendo’s highly anticipated Switch 2 console launched globally on Thursday June 5th, sparking massive demand and long lines at major retailers.

Ground beef sold at Whole Foods may be tainted with E. coli, USDA says
U.S. agriculture officials are warning that packages of ground beef sold at Whole Foods markets may be contaminated with E. coli bacteria.

Amazon planning $10B investment in NC AI campus
Amazon is expanding its cloud computing infrastructure and artificial intelligence activities into a rural North Carolina county.

Warner Bros. Discovery CEO Pay Package Declined by Shareholders
Warner Bros. Discovery shareholders have voted against CEO David Zaslav’s 2024 compensation package of $51.9 million, with over 59% opposing the proposal.

Why Century21 Real Estate CEO Says Home Prices Are Finally Set to Drop
Mike Miedler, CEO of Century21 Real Estate, on why home prices are expected to drop. And what else you need to know about the real estate market right now!

SukuPay CEO on Becoming the First Crypto Infrastructure Embedded in a Major Latin American Bank App
SukuPay CEO, Yonathan Lapchik, discusses the app's historic milestone, becoming the first crypto infrastructure in a leading bank app in Latin America.

McDonald’s is bringing back snack wraps on July 10
McDonald’s says it's bringing back a fan favorite menu item it discontinued nearly a decade ago.
