Breaking News: Business
- Comcast posts mixed quarter as broadband pressures weigh on business - Comcast’s broadband business continues to be under pressure due to the rise of competitors, particularly in the 5G space.
- What tariffs? Toyota hits record sales in 2025, despite Trump’s auto levies - Toyota Motor retained its position as the world's top-selling automaker with record sales of 10.5 million in 2025, the Japanese auto giant reported on Thursday.
- Department of Energy to announce new efforts to boost nuclear fuel supply chain - The Department of Energy will announce an initiative to build out the nation's nuclear fuel supply chain as interest in the emissions-free power source grows.
- Starbucks stock jumps as coffee chain's traffic grows for the first time in two years - Shares of Starbucks have fallen more than 3% over the last year.
- LVMH shares plummet 7% as fourth-quarter results lag competitors - LVMH shares plummeted Wednesday after the French luxury conglomerate reported mixed full-year earnings late Tuesday.
- Five years after the GameStop mania, retail investors have become a force Wall Street can’t ignore - "Retail investors are difference-makers. They can move markets with size and conviction," said Tom Lee, head of research at Fundstrat.
- Homebuyers are backing out of deals at the fastest pace in nearly a decade - More than 16% of signed contracts on homes in December were canceled, as consumers face continued uncertainty in the economy and rising inventory.
- GM expects to top Ford in U.S. vehicle production as it faces up to $4 billion in tariff costs - The 2026 tariff costs would be in line with the automaker's $3.1 billion in tariff costs last year, despite the levies not being in effect for all of 2025.
- Amazon converting Fresh supermarkets, Go stores to Whole Foods locations - Amazon plans to close its Fresh supermarkets and Go convenience marts, and convert some locations into Whole Foods stores.
- GM tops earnings expectations, announces dividend increase and stock buyback program - GM recorded $7.2 billion in special charges for the fourth quarter of 2025, largely related to its pullback in electric vehicles and restructuring in China.