Business

President-elect Donald Trump said he is "totally against" a foreign takeover of U.S. Steel, threatening the company's deal with Nippon Steel.

Trump vows to tank $15B buyout of US Steel by Japan’s Nippon

The U.S. holiday shopping landscape is changing as online Chinese outlets offer ultra-low prices and challenge traditional American retailers.

Online-only stores like Shein, Temu changing how people holiday shop

Workers across nine Volkswagen factories went on strike on Monday, Dec. 2, over proposed plant closures and pay cuts.

Volkswagen plants brought to halt as workers strike amid labor dispute

The global chip war is ramping up with China banning exports of key materials to the United States in response to Biden's restrictions.

China retaliates at US chip restrictions by banning shipment of key materials

Cargill is reportedly laying off around 8,000 employees this year amid falling food prices hurting the company's profits.

Cargill, largest private company in the US, laying off thousands as profits fall

Online retailers are changing return policies after reporting a 10% jump in return fraud, according to the National Retail Federation.

Retailers tighten return policies as billions flock to online shopping

President-elect Donald Trump will travel to Paris for the reopening of Notre Dame cathedral.

Trump to travel to Paris for reopening of Notre Dame Cathedral

Twenty-three years to the day after filing for bankruptcy, energy company Enron claimed to be "back" with a cryptic X post and website.

What do you mean Enron is ‘back’? Parody post confuses the internet

Intel Chief Executive Officer Pat Gelsinger retired effective Dec. 1, the chipmaker announced the morning of Monday, Dec. 2.

Intel CEO Pat Gelsinger abruptly retires amid chipmaker’s bad year

Things might get more complicated for those with student loan debt after the Biden admin's one-year grace period on repayments expired.

Student borrowers may face default as loan forgiveness remains tied up in court

A simple question Elon Musk posed on X led to Hasbro's stock receiving a boost on Nov. 29. In a post, Musk asked, "How much is Hasbro?"

Hasbro stock jumps as Elon Musk toys with idea of buying company

The FTC opened a sweeping investigation into Microsoft in Biden's final months as Chair Lina Khan is expected to be out the door with Trump.

FTC probe targets Microsoft’s business model in Lina Khan’s last stand

A Japanese retailer is facing a boycott in China after comments about where it sources its cotton.

Uniqlo risks boycott in China after CEO’s controversial Xinjiang comment

Elon Musk is calling to “delete CFPB,” the Consumer Financial Protection Bureau, which has long been in conservatives’ crosshairs.

Why Elon Musk and conservatives want to ‘delete’ CFPB

A judge has dismissed a defamation lawsuit filed against Fox News by Ray Epps, who was at the center of the Jan. 6 controversy.

Judge dismisses defamation suit against Fox News over Jan. 6 coverage

The U.S. Supreme Court will hear arguments on Monday, Dec. 2, over whether to ban sweet- and fruit-flavored vapes and vaping products.

Supreme Court to decide whether to ban sweet-flavored vapes

China is putting out a warning that it plans to take action if the United States enforces new chip control measures.

China warns it will take action if US implements new chip control measures

The parent company of Facebook is reportedly planning to build a $10 billion underwater fiber-optic cable that will go around the world.

Meta to build $10B global underwater internet cable: Report

The holiday shopping season is now well underway with stores pushing big discounts to try to attract customers for Cyber Monday.

What to expect on Cyber Monday as big-box stores look to attract customers

The holiday shopping season officially kicked off on Black Friday, but holiday sales are expected to grow at the slowest pace since 2018.

The retailers vying to win this year’s shortened holiday shopping season

US Christmas tree shortage expected due to severe weather, drought, and floods, amid already short selling season this year nationwide.

America facing a live Christmas tree shortage again

Mexico's president refutes a claim by President-elect Donald Trump that she's closing the U.S.-Mexico border.

Mexico’s president refutes Trump’s claim she promised to close the border

Nielsen data shows a significant drop in viewership for MSNBC and CNN following the 2024 presidential election.

MSNBC, CNN lose nearly half of viewers since election night

President-elect Donald Trump cabinet choice for trade, Jamieson Greer, will play a crucial role in Trump's second administration.

Trump taps Jamieson Greer for USTR to push ambitious tariff policies

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