Paramount Skydance CEO uses high-powered legal team including former DOJ antitrust chief to navigate WBD takeover bid. Regulatory battles loom as shares surge 30%.
Ford predicts 50% EV sales plunge after federal $7,500 tax credit expires Sept 2025. Automakers deploy workarounds, but demand fragility exposed without subsidies.
Sony divests $9.5 billion financial services unit to concentrate on gaming, music, and film. Strategic shift targets $3.5T entertainment market as competition intensifies.
Speculation grows around potential Fivetran acquisition of dbt Labs as data pipeline consolidation accelerates. No confirmed talks, but strategic alignment evident.
Jared Kushner’s Affinity Partners reportedly involved in $50B EA takeover bid with sovereign wealth funds. Could become largest gaming acquisition in history.
Accenture cuts 11,000+ jobs, exits employees unable to retrain for AI roles. $865M restructuring targets workforce transformation as consulting pivots to artificial intelligence.
Honda cuts over $20,000 from Prologue EV SUV pricing as automaker battles inventory buildup and cooling demand. One of steepest EV discounts available now.
Nvidia commits up to $100B to OpenAI for 10 gigawatts of AI data centers. First phase launches 2026 with Vera Rubin platform. Infrastructure becomes new battleground.
Nvidia’s $5B Intel investment sparks 24% stock surge. Rivals unite for AI-driven data center, PC chip development. Partnership reshapes semiconductor landscape.
August retail sales beat expectations with 0.6% growth amid tariff-driven inflation at 2.9% YoY. Only 22K jobs added, unemployment hits 4.3%. Consumer resilience tested.
Warner Bros. Discovery shares rocket 30% amid reports of Paramount Skydance cash takeover bid. David Ellison eyes media consolidation play. Deal unconfirmed but reshaping streaming wars.
Vodafone launches campaign with AI-generated influencer, sparking debate on authenticity vs efficiency. Virtual influencer market to hit $21B by 2030. What’s next?
Volkswagen unveils ID. CROSS concept at IAA 2025: affordable €28-30K electric SUV with 420km range, 208hp, launching 2026. Game-changer for budget EV market.
European Union fines Google $3.5 billion for abusing dominance in online advertising by favoring its own ad exchange. EU demands structural remedies within 60 days, potentially forcing divestiture of ad-tech operations.
McDonald’s CEO Chris Kempczinski describes economic divide where wealthy consumers spend freely while low-income families reduce fast-food visits due to inflation and rising costs. What it means for businesses.
Nestlé fires CEO Laurent Freixe for failing to disclose romantic relationship with subordinate, violating corporate governance policies. Board prioritizes transparency and ethics in leadership accountability move.
Super Micro Computer (SMCI) disclosed material weaknesses in financial reporting controls, raising governance concerns for the AI server giant. Stock declined as investors weigh oversight risks amid rapid growth.
Keurig Dr Pepper buys JDE Peet’s for $18 billion, gaining Peet’s Coffee, Douwe Egberts, and L’OR brands. The acquisition positions KDP to compete with Nestlé and Starbucks in global coffee markets.
Intel’s market share plummeted from 77% to 68% as manufacturing delays and missed AI opportunities let AMD and NVIDIA surge ahead. The chip giant’s struggles highlight how innovation gaps can topple industry leaders.
Coinbase CEO fired engineers who didn’t adopt GitHub Copilot and AI coding tools by deadline. Armstrong targets 50% AI-generated code by September as tech companies mandate AI integration or face termination.
Royal Mail and DHL halt US parcel services after elimination of de minimis duty-free rule for packages under $800. E-commerce sellers face immediate disruption as new customs requirements take effect August 29.
Major European bank inflated AI chatbot productivity data to justify layoffs, then rehired staff after union pressure. The controversy exposes risks of overselling artificial intelligence capabilities in banking sector.
Cracker Barrel’s new minimalist logo triggered massive customer outrage and 13% stock drop. The $700M “All the More” rebrand aims to attract younger diners but alienates loyal customers demanding tradition.
Walmart’s stock dipped after earnings missed forecasts at $0.68 EPS vs. $0.73 expected—even though sales rose 4.8% and full-year guidance was raised.
Explore the financial and strategic implications of the $2.7 billion deal taking Soho House private. Discover how this move, along with Ashton Kutcher joining the board, signals a new direction for the exclusive hospitality brand.
Beach communities across Florida are reporting a steep 30% drop in local business this summer, even as statewide tourist arrivals remain steady. Here’s why, how locals are reacting, and what travelers can expect.
Bullish, the crypto exchange backed by Peter Thiel, smashed expectations with its NYSE debut—raising $1.11B, surging more than 200%, and capturing a $13B+ valuation. Here’s the full breakdown and what it means for the crypto market.
American Eagle stores experienced a 9% decline in foot traffic year-over-year following the controversial Sydney Sweeney “great jeans” ad campaign. Competitors saw smaller declines, signaling deeper brand impact.
AI startup Perplexity just made a bold $34.5B all-cash offer to buy Google’s Chrome browser amid antitrust drama. Here’s what’s going on, what’s at stake, and why it’s shaking up tech headlines.
Spirit Airlines issued a formal doubt it can stay in business for another year unless it raises more cash. Its stock crashed over 30% amid deep financial distress, despite emerging from bankruptcy only months ago.
In a rare deal, the Trump administration will claim 15% of Nvidia and AMD’s AI chip revenues from China in exchange for export approvals. Here’s how it works and why it matters.
Recently released U.S. jobs data may overstate hiring strength. Learn why unemployment numbers might be distorted by seasonal shifts, survey limits, and narrow definitions—and what’s really happening in the labor market.
Trump’s New Reciprocal Tariffs Overview When President Trump’s sweeping new reciprocal tariffs officially went into effect on August 7, 2025, the world paused. Tariff rates between 10% and 50% now apply to over 66 countries — the sharpest escalation in U.S. trade policy in decades. In this article, you’ll discover: What Are the New Trump
