News Api Business

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S&P 500 futures are little changed as traders weigh tech giants' earnings: Live updates - CNBC

"Magnificent Seven" companies Meta Platforms, Microsoft and Tesla posted earnings results after Wednesday's close.

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Elon Musk says Tesla ending Models S and X production, converting Fremont factory lines to make Optimus robots - CNBC

On Tesla's fourth-quarter earnings call, CEO Elon Musk said the company is ending production of its Model S and X vehicles.

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Big businesses back Trump accounts - Politico

Companies will match government contributions to investment accounts for newborns after a push from the White House.

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Lisa Cook lawsuit is ‘the most important legal case’ in Fed history, Powell says - Politico

The central bank chief defended his decision to attend the Supreme Court argument on Trump's move to fire his Fed colleague.

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Stock Market Today: Federal Reserve Holds Rates Steady; Nasdaq Edges Higher - The Wall Street Journal

In the first interest-rate decision of 2026, the Federal Reserve kept rates steady as politcal pressure grows from Trump. Fed Chair Jerome Powell is set to at 2:30 p.m. ET., as a DOJ investigation looms. Follow along for the latest news, updates and analysis.

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Meta Stock Jumps On Strong Sales Forecast. AI Costs Continue To Climb. - Investor's Business Daily

Meta stock rose late Wednesday after the Facebook parent company reported fourth-quarter results that exceeded expectations.

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Bitcoin price news: BTC stuck at $89,000 as gold surges to fresh record - CoinDesk

Gold fans rushed in to buy as the Fed chair said he took no macro signal from the raging bull market in precious metals.

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Tesla profit tanked 46% in 2025 - TechCrunch

The company's sales fell for a second year in a row, as Tesla looks to AI and robotics, including a new $2 billion investment in CEO Elon Musk's company xAI.

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OpenAI Wants To Create Biometric Social Network To Kill X’s Bot Problem - Forbes

OpenAI is quietly building a social network and considering using biometric verification like World’s eyeball scanning orb or Apple’s Face ID to ensure its users are people, not bots.

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Home Depot to cut 800 corporate jobs, require workers back to office full time - ajc.com

Home Depot says it is eliminating about 800 corporate jobs tied to its Vinings headquarters.

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Fed Meeting Today: Powell Has Some Direct Advice for His Successor - Investopedia

The Federal Reserve is kept its influential fed funds rate unchanged this afternoon, after cutting in each of its last three meetings. Follow along with our live coverage of the Fed meeting.

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Starbucks scraps $250,000 cap on boss's use of company jet - BBC

The coffee chain changes Brian Niccol's travel budget due to media attention and "credible threat actors".

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Amazon execs say layoffs are part of turning the company into the 'world's largest startup,' internal memos show - Business Insider

Amazon announced 16,000 corporate layoffs on Wednesday. Executives say it aims to transform into the 'world's largest startup' with a cultural reset.

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The economy's pressure relief valve: the U.S. Dollar - Axios

The U.S. dollar index is down 3.2% since Jan. 16.

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Carvana stock drops 9% as Gotham City alleges $1B accounting gap - Investing.com

Carvana stock drops 9% as Gotham City alleges $1B accounting gap

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ASML Plans About 1,700 Job Cuts in Netherlands, US as Sales Boom - Bloomberg.com

ASML Holding NV said it will cut about 1,700 jobs in the middle of a sales boom as part of a broad move to kill layers of management and become less bureaucratic.

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Trump proposal signals Medicare austerity - Politico

Health insurers who thought Trump would rescue their Medicare businesses got a rude awakening Monday.

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Anthropic, Apple, OpenAI CEOs condemn ICE violence, praise Trump - TechCrunch

Anthropic's Dario Amodei and OpenAI's Sam Altman spoke out against ICE enforcement tactics following Minneapolis violence, with one addressing concerns publicly and the other in an internal message.

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Tim Cook and Sam Altman Address ICE Crackdown In Internal Messages To Employees - Forbes

Altman made the comments while also praising President Donald Trump as a “strong leader” while Cook said he had a "good conversation" with the president on this matter.

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Earnings in Focus Wednesday: Seagate, AT&T, Starbucks - The Wall Street Journal

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UPS will slash 30,000 jobs as company shifts away from Amazon - The Washington Post

The reductions come after the shipping giant eliminated 48,000 positions in 2025.

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‘A betrayal’: Southwest’s new plus size policy leaves some passengers unable to fly - oregonlive.com

Some loyal customers say the airline’s new requirement that they buy an extra seat means that they can no longer fly as often or at all.

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Amazon Fresh grocery store closures include 10 in the suburbs - dailyherald.com

Amazon on Tuesday announced plans to shutter its brick-and-mortar Amazon Fresh and Amazon Go stores, including 10 locations in the suburbs. Amazon Fresh grocery stores are in Arlington Heights, Bloomi...

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Trump administration announces 15 new drugs for Medicare price negotiation program - AP News

The Trump administration has unveiled 15 new drugs selected for a Medicare drug price negotiation program that allows the federal government to haggle directly with drug manufacturers. The drugs announced Tuesday include treatments for Type 2 diabetes, HIV, a…