Business
All the latest news stories about the business world: mergers, IPOs, trends, personalities, and more
Wholesale Egg Prices Dip, Consumers May Still Pay More
In the first week of March, wholesale egg prices dropped by $1.20 averaging $6.85 a dozen.
Intel Appoints a New CEO
Intel appointed Lip-Bu Tan as its new CEO, aiming to stabilize the company after a turbulent period under Pat Gelsinger.
Spirit Airlines Comes Out of Bankruptcy Protection
Spirit Airlines announced plans to rebrand as a premium airline after emerging from bankruptcy protection.
Tesla Shares Tank as Musk Runs DOGE in D.C.
Elon Musk's role in President Trump's administration, particularly with the Department of Government Efficiency, has raised concerns about his focus on Tesla.
Southwest to Start Charging Your Checked Bags
Starting May 28th, Southwest Airlines will charge for checked bags marking the end of its bags fly free policy.
Hackers Claim Credit for X Cyberattack
Hackers have claimed responsibility for a major cyber attack that caused outages on X on March 10th.
CVS to Open Smaller Pharmacy Stores
This year, the pharmacy chain will open around 12 locations, each about half the size of its traditional stores.
Walgreens Agrees to $10 Billion Private Equity Takeover
Walgreens Boots Alliance says it has agreed to be acquired by the private equity firm Sycamore Partners.
Nasdaq Intends to Launch 24-hr Trading in 2026
Nasdaq intends to launch 24 hour trading on its U.S. exchange by the end of 2026 to cater to the increasing global demand for U.S. stocks.
U.S. Layoffs Highest Since Early Pandemic Days
In February 2025, U.S. layoffs reached 172,017, the highest monthly total since the early pandemic period.
Big Business This Week: Those On-Again, Off-Again Tariffs!
No one's happy about anything this week, it seems, not even lumberjacks, Gen Z music fans, and Goldman Sachs VPs.
You may want to jump off Wall Street’s wild ride, but markets do this
Much like all the upheaval shaking the world, the huge swings rocking Wall Street may feel far from normal. But, for investing at least, this is normal.
Reddit Founder Alexis Ohanian Wants to Buy TikTok
Reddit co-founder Alexis Ohanian has joined billionaire Frank McCourt’s consortium, “The People’s Bid for TikTok,” as a strategic adviser.
Alibaba Releases A.I. Bot to Rival DeepSeek
Alibaba has unveiled its latest A.I. reasoning model, QwQ-32B, who's performance is on par with DeepSeeks R1 model despite using significantly fewer parameters.
Trump Grants One-Month Exemption for US Automakers from New Tariffs
President Donald Trump is granting a one-month exemption on his stiff new tariffs on imports from Mexico and Canada for U.S. automakers.
Walgreens May Go Private with Sycamore Partners
Walgreens Boots Alliance is close to a $10 billion deal to go private with Sycamore Partners.
Chipotle CEO Says It Will Absorb Tariff Costs
President Trump's proposed tariffs on major trading partners are affecting the U.S. economy, but Chipotle plans to keep prices stable for their customers.
