Business

President-elect Trump introduced Emirati businessman Hussain Sajwani, the founder of DAMAC Properties, announcing the company is investing $20 billion to build data centers for AI and cloud storage across the U.S.

Trump announces Emirati businessman’s $20 billion investment in US data centers

Foodies on the Vegas strip looking for a bite to eat at Wolfgang Puck’s restaurant were out of luck this past weekend.

Wolfgang Puck’s Vegas restaurant reopens after health code violations

Since the Fed's first cut in September, the average 30-year fixed mortgage rate has gone up nearly a full percentage point.

Why mortgage rates are going up while the Fed is cutting rates

Journalists are calling for Apple to remove its AI feature after a series of false headlines.

Calls for Apple to remove AI after series of incorrect headline summaries

JetBlue confirmed two people were found dead in the wheel well of one of its planes the night of Monday, Jan. 6.

Two people found dead in landing gear of JetBlue flight

During the CES 2025 keynote, Nvidia announced the development of an AI supercomputer and AI for training robots and cars.

Nvidia reveals new AI supercomputer, technology to train robots

Meta announced Tuesday, Dec. 7, that it will replace its third-party fact-checking program with a community-driven system called Community Notes. The change will begin rolling out in the United States on Facebook, Instagram, and Threads, with plans for global implementation in 2025, according to CEO Mark Zuckerberg.

Zuckerberg says Meta is ditching fact-checkers for community-driven oversight

Tubi hit 97 million monthly users, dominating the free ad-supported streaming race with exclusive content and hundreds of thousands of titles.

Tubi hits 97 million users, shaking up FAST streaming race

At least 95 people are dead after a 7.1 magnitude earthquake in Tibet Tuesday morning.

At least 95 killed in 7.1 magnitude earthquake in Tibet

McDonald’s scales back some diversity programs

McDonald’s ends some DEI programs, cites Supreme Court ruling

Hoping to revive Afghanistan’s struggling economy, the Taliban is mining emeralds, gold and gemstones to get cash flowing.

Taliban sells emeralds, gold and minerals to revive struggling Afghanistan economy

Meta is signaling its closeness to President-elect Trump by appointing his ally and UFC CEO Dana White to its Board of Directors.

Zuckerberg appoints UFC boss and Trump ally Dana White to Meta Board

The battle to lower credit card swipe fees for small businesses has stretched into the new year.

New year, same fees: The debate over credit card swipe fees continues

WWE and Netflix start a new era in pro wrestling when "Raw" premieres on the streaming service on Jan. 6, 2025.

WWE, Netflix begin new ‘Raw’ era for a global audience

The Washington Post released an exclusive report Monday, Jan.6 that claimed President-elect Donald Trump is considering scaling back his tariff plans. Trump is calling the story “fake news.”

Trump denies report that team is considering scaled-back tariffs

A long-time cartoonist for The Washington Post has resigned after she said her latest cartoon, critical of owner Jeff Bezos, was blocked.

Washington Post cartoonist quits after paper blocks Bezos-Trump drawing

New York City's new congestion pricing has taken effect.

New York’s congestion toll takes effect without any speed bumps

The lawsuit is the star-crossed steel companies’ last-ditch attempt to revive the deal President Joe Biden squashed last week.

Nippon and US Steel sue Biden for ‘sham’ review blocking $15 billion deal

After a unannounced visit to meet with President-elect Donald Trump, Italian Prime Minister Giorgia Meloni says SpaceX deal weren't discussed.

Italian PM denies SpaceX talks with Trump as nation nears €1.5 billion deal

Sales of cars, trucks and minivans in the U.S. have bounced back since the devastating effects of the Covid pandemic and supply chain issues.

Most American automakers report encouraging 2024 sales

JetBlue owes a $2 million fine to its passengers and the government. It's the first time the DOT has held an airline accountable for delays.

DOT fines JetBlue $2 million for ‘chronically delayed flights’

East Coast longshore workers could go back on strike if a union deal on automation isn't reached by Jan. 15.

Dockworkers push to ban automation at ports with strike deadline weeks away

2024 was not the best year for U.S. businesses with retailers closing more than 7,300 stores; according to Coresight Research, that’s up 57%.

‘Retail apocalypse’ saw 57% increase in store closings last year

Meta is putting a Republican in charge of global policy just weeks before President-elect Donald Trump takes back the White House.

Meta’s new head of global policy Joel Kaplan has close Republican ties

Demo mode ×