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Categories Business

DOGE plans to wind down consumer protection agency and fire nearly all staff, employees say

Author March 3, 2025

The Consumer Financial Protection Bureau’s Trump-appointed leadership plans to fire nearly all its 1,700 employees while “winding down” the agency, according to testimony

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Categories Business

Musk says he’s sending Starlink tech to FAA while asserting, without evidence, that air safety is at risk

Author March 3, 2025

Elon Musk said Thursday that he’s sending his Starlink satellite internet terminals to the Federal Aviation Administration while saying, without providing evidence, that

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Categories Business

Soaring egg prices are threatening a classic holiday tradition: Easter dye kits

Author March 1, 2025

The egg aisle is anything but cheaper by the dozen these days — and that’s becoming a big problem ahead of the

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Categories Business

Nvidia CEO Huang says AI has to do ‘100 times more’ computation now than when ChatGPT was released

Author February 28, 2025

Nvidia CEO Jensen Huang said next-generation AI will need 100 times more compute than older models as a result of new reasoning approaches

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Categories Business

Paramount ends DEI policies, cites Trump executive order

Author February 28, 2025

Paramount Global told its employees this week that it’s ending numerous diversity, equity and inclusion policies, according to a memo obtained by CNBC. In

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Categories Business

Musk loses more than $100B as Tesla gives up trillion-dollar company status amid sell-off

Author February 27, 2025

Elon Musk’s status as the world’s wealthiest person is in no danger of changing. But since mid-December, the tech titan’s net worth has

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Categories Business

Lucid CEO steps down; EV maker plans to more than double production in 2025

Author February 27, 2025

Electric vehicle maker Lucid Group on Tuesday said CEO Peter Rawlinson is stepping down as the company expects to more than double vehicle production

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Categories Business

Nvidia to report earnings amid infrastructure spending, DeepSeek concerns

Author February 27, 2025

Nvidia is scheduled to report fourth-quarter financial results on Wednesday after the bell. It’s expected to put the finishing touches on one of the

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Categories Business

Bucking trend, McDonald’s vows no egg surcharges as it preps $1 Egg McMuffin Day

Author February 26, 2025

McDonald’s is leaning into its reputation as a breakfast value offering, vowing to reject a surcharge on meals with eggs while announcing

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Categories Business

Home Depot earnings beat Wall Street estimates as retailer breaks comparable sales losing streak

Author February 26, 2025

Home Depot on Tuesday topped Wall Street’s quarterly sales expectations, even as elevated interest rates and housing prices dampened consumer demand for large remodels and

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