Business US
-
Mark Zuckerberg renamed Facebook for the metaverse. 4 years and $70B in losses later, he’s moving on
In 2021, Mark Zuckerberg recast Facebook as Meta and declared the metaverse — a digital realm where people would work,…
Read More » -
US Bonds Head for Worst Week in Six Months Amid Doubts on Fed
Bloomberg (Bloomberg) — Treasuries are on track for their worst week in six months as conflicting economic data have challenged…
Read More » -
The Lexus LFA Is Back
The Lexus LFA was like a shooting star—bright and beautiful, but it burned out quickly. Production lasted just two years,…
Read More » -
What Delta Air Lines is saying about ground stop at Detroit Metro Airport (DTW)
ROMULUS, Mich. – Delta Air Lines released a statement about the ground stop at Detroit Metro Airport (DTW) on Friday…
Read More » -
How To Minimize Capital Gains Tax After A Giant Stock Win
What to do if much of your wealth is in a single asset and you don’t want to be clobbered…
Read More » -
Stock Market Today: Dow Flirts With 48,000; Rubrik Explodes After This Surprise (Live Coverage)
The Dow Jones Industrial Average and other major indexes picked up some forward momentum Friday afternoon as investors seemed pleased…
Read More » -
MacKenzie Scott tries to close the higher ed DEI gap, giving away $155 million this week alone
MacKenzie Scott has arguably been the biggest name in philanthropy this year—and has nonstop been making major gifts to organizations…
Read More » -
Paramount Considering Hostile Play For Warner Bros.: Reports
Late Thursday, Paramount Skydance (PSKY) attempted a final, last ditch, all-cash bid to acquire the entirety of Warner Bros. Discovery…
Read More » -
The New York Times is suing Perplexity for copyright infringement
The New York Times filed suit Friday against AI search startup Perplexity for copyright infringement, its second lawsuit against an…
Read More » -
Investors cheer Meta’s reported Metaverse cuts, a segment that has bled $73B in losses (META:NASDAQ)
Derick Hudson Meta Platforms (META) stock on Thursday gained after a report that the Facebook parent was looking at cuts…
Read More »