top of page


Universal Crosses $5 Billion at the Global Box Office as Theaters Reward a Broad Slate
Universal became the first studio to cross $5 billion in 2026 global ticket sales, powered by franchises, originals and a strong international mix.
3 min read


The U.S. Economy Grew 2.2%—and the Details Matter More Than the Upgrade
Second-quarter U.S. GDP was revised up to 2.2% as consumer spending and business investment strengthened, complicating the outlook for rates.
3 min read


The 10-Year Treasury Yield Is Above 5%—Here Is Why Businesses Care
The 10-year U.S. Treasury yield has climbed to its highest area since 2007, raising borrowing costs and changing decisions across corporate America.
3 min read


SEC Proposal Could Rewrite How Shareholders Put Issues on Corporate Ballots
The SEC has proposed eliminating Rule 14a-8, potentially shifting shareholder proposals from a federal process to state law and company governing documents.
3 min read


Gundlach Bundschu Files Chapter 11 as California Wine Faces a Deeper Reset
Gundlach Bundschu, the historic Sonoma winery founded in 1858, has filed for Chapter 11 while remaining open and seeking a new investment partner.
3 min read


U.S. and China Open New York Talks on AI, Tariffs and Critical Minerals
Senior U.S. and Chinese officials are meeting in New York to discuss AI, tariffs, critical minerals and investment ahead of a planned leaders' summit.
3 min read


Warren Buffett Steps Down as Berkshire Chairman, Closing a Six-Decade Era
Warren Buffett has stepped down as Berkshire Hathaway chairman, becoming chairman emeritus as Howard Buffett takes the role and Greg Abel continues as CEO.
3 min read


Ross Stores Raises Its 2026 Outlook After Traffic Fuels a Standout Quarter
Ross Stores delivered a stronger-than-expected second quarter and raised its outlook for the rest of fiscal 2026, offering a closely watched signal about how American shoppers are responding to value-focused retail. Total sales rose 13 percent from a year earlier to $6.3 billion, while comparable-store sales increased 10 percent, driven primarily by customer traffic. Net income reached $851 million, up from $508 million in the comparable quarter, and earnings per share increa
3 min read


Walmart Raises Its Outlook, but Six-Year-Low U.S. Sales Growth Sends Shares Down
Walmart lifted its annual forecast after beating quarterly expectations, yet slowing U.S. comparable sales unsettled investors.
3 min read


Target’s Sales Rebound Accelerates as Traffic and Digital Growth Rise
Target posted a 5.3% increase in quarterly net sales as higher traffic, faster digital growth and stronger merchandising lifted results.
2 min read


OpenAI Faces Lawsuit After Chatbot Allegedly Gave Harmful Advice to User
12 May 2026 OpenAI is facing a new lawsuit in California after a man claimed that advice provided by ChatGPT contributed to a tragic sequence of events that ended in the death of his partner. The case is quickly becoming one of the most closely watched legal battles surrounding artificial intelligence and raises growing questions about whether AI companies can be held responsible when users rely heavily on chatbot responses during moments of emotional distress or personal cri
3 min read


Corporate America Pushes Ahead With Massive Job Cuts in the Name of Efficiency
15 April 2026 Across boardrooms in America, one word continues shaping corporate decisions more than almost anything else in 2026: efficiency. Behind the language of restructuring, optimization, and productivity lies a much harsher reality for thousands of workers who have spent the year watching layoffs spread across nearly every major industry. From Silicon Valley technology giants to retailers, media companies, airlines, and financial firms, corporations throughout the Uni
4 min read


Paramount’s Bold Bid Overtakes Netflix in Battle for Warner Bros. Discovery
27 February 2026 Paramount has launched a surprise hostile takeover bid for Warner Bros Discovery, offering USD 77.9 billion far higher than Netflix’s USD 72 billion deal announced just days earlier with Warner management. | Photo Credit: Reuters In a dramatic twist that has captivated Hollywood and Wall Street alike, Warner Bros. Discovery announced that Paramount Skydance’s latest takeover proposal represents a superior offer compared with the company’s previously agreed de
3 min read


Walmart Becomes First Retailer to Join the $1 Trillion Market Cap Club
3 February 2026 Walmart, the century-old retail giant, has officially crossed a historic threshold by reaching a market valuation of over $1 trillion, a milestone that places it among a select group of corporations typically dominated by technology firms. In early February, the company’s stock climbed past the level required to achieve this valuation, underscoring a remarkable evolution in Walmart’s business model that blends its traditional brick-and-mortar dominance with ag
3 min read


Jamie Dimon’s $43 Million Payday and What It Reveals About Wall Street
22 January 2026 Jamie Dimon, the long-tenured chief executive of JPMorgan Chase, once again found himself at the center of attention last month when it was revealed that his total compensation for 2025 reached approximately $43 million, marking a significant increase from the prior year. This eye-catching figure reflects both his personal influence over one of the most powerful financial institutions in the United States and broader trends in executive pay across Wall Street
3 min read


Visa and Mastercard strike revised deal to lower swipe fees in 20-year merchant battle
11 November 2025 In a development that may reshape how America shops and pays, Visa and Mastercard have reached a revised settlement with U.S. merchants following two decades of litigation, agreeing to do more than previously proposed to ease the burden of so-called “swipe fees.” The long-running dispute stems from allegations that Visa and Mastercard, together with issuing banks, colluded to inflate interchange fees charges merchants pay each time a customer uses a card and
3 min read


Visa and Mastercard Near Landmark Settlement to Lower Merchant Fees
9 November 2025 In what could become a defining moment for the payments industry, Visa and Mastercard are reportedly on the brink of reaching a settlement with U.S. merchants that would mark the end of a two-decade legal struggle over credit-card fees and acceptance rules. According to a report by the Wall Street Journal, the deal would see the card networks reduce interchange fees commonly referred to as “swipe fees” by roughly 0.10 percentage point over several years, from
3 min read


Amazon Announces Cuts of About 14,000 Corporate Jobs in Largest Restructuring Yet
28 October 2025 Technology and retail giant Amazon announced on 28 October 2025 that it plans to eliminate approximately 14,000 corporate roles globally, initiating what insiders suggest could expand into cuts of up to 30,000 jobs. The announcement is part of a sweeping redesign of Amazon’s corporate structure, driven by the need to reverse a hiring surge from the pandemic era and to align the workforce with a rapid shift toward artificial-intelligence (AI) acceleration. The
3 min read


Union Workers at Boeing Reject Latest Contract Offer After Nearly Three-Month Strike
26 October 2025 Workers hold signs during a walkout by members of the International Association of Machinists and Aerospace Workers (IAM) over contract negotiations, outside Boeing company's facility, in Berkeley, Missouri, U.S., August 4, 2025. REUTERS/Lawrence Bryant Workers at Boeing’s defence operations in the St. Louis area have dealt a fresh blow to the company’s contract negotiations after rejecting a new proposal offered by the aerospace giant. The vote by roughly 3,2
2 min read


Coca-Cola to test “mini” 7.5-ounce cans in U.S. convenience aisles
08 October 2025 Coca-Cola has announced that early next year it will begin rolling out single-serve mini cans of 7.5 ounces in select...
2 min read
bottom of page