Business
Landmark trial accusing social media companies of addicting children to their platforms begins
LOS ANGELES — The world’s biggest social media companies face several landmark trials this year that seek to hold them...
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The architect of Amazon’s supply chain on running a startup with your spouse
For at least two decades, former Amazon executive Dave Clark ended his work week the same way: a standing Friday...
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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 media platform, in a deal...
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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 bid to restructure the sprawling...
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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 CEO Jamie Dimon, claiming that...
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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 Tuesday. The move comes after...
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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 only by his first name,...
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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 series of rejections in David...
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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 Versace in a 1.25 billion...
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Dell family donation to offer 25 million kids $250 to open ‘Trump accounts’
Tech billionaires Michael and Susan Dell announced Tuesday that they are pledging $6.25 billion to create some 25 million additional...
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