Breaking News: Business
- How the EV pullback is affecting factories and jobs in the South - Automakers, suppliers and battery makers were funneling hundreds of billions of dollars into EV-related manufacturing in the U.S. Now it's all in question.
- How Chinese short-video streaming firms are reshaping Latin America's media landscape - Short-drama apps, many with Chinese origins, are making significant inroads in Latin America as the region becomes more affluent, research shows.
- Bitcoin dips below $78,000 as market digests silver sell-off, Trump's Fed chair pick - Bitcoin and Ethereum plunged following wide swings in the commodities market.
- Big Food gets leaner with divestitures and breakups as consumers turn away from packaged snacks - Big Food has been selling off underperforming brands or even splitting up, as the industry faces weaker demand.
- Eli Lilly CEO says Medicare coverage of obesity drugs could 'change the game' for upcoming pill launch - Lilly CEO Dave Ricks is confident in the ability of the company's pill to compete and is preparing for a "full launch" in the second quarter.
- GameStop's Ryan Cohen eyes 'very big' consumer megadeal that could increase company's value tenfold - Ryan Cohen wouldn't say whether he would sell GameStop's bitcoin to try to pull off a major acquisition.
- Chevron earnings beat as production hits record with upside expected in Venezuela - The oil giant beat expectations despite a bearish market for crude, which logged its biggest annual price decline since 2020.
- Software stocks enter bear market on AI disruption fear with ServiceNow plunging 11% Thursday - The iShares Expanded Tech-Software Sector ETF is on pace for its biggest one-day decline since April 4 during the tariff-triggered downturn.
- ‘Climate of fear’: ICE violence in Minnesota forces CEOs to weigh the risks of speaking out against Trump - Minneapolis has become the testing ground for when and how far corporate leaders will wade into escalating political tensions.
- Starbucks to unveil long-term outlook at investor day, as Niccol says turnaround is just beginning - Starbucks is expected to release a long-term forecast and share more details about how it plans to hit those financial targets at an investor presentation.