The deal caps a dramatic takeover battle in which Ozempic maker Novo Nordisk gatecrashed an earlier bid © FT montage/Getty Images Pfizer has clinched a deal worth up to $10bn to buy weight-loss start-up Metsera, capping a dramatic takeover battle after Ozempic maker Novo Nordisk tried to gatecrash its earlier bid. After a week-long bidding…
OpenAI has asked the Trump administration to revamp a Chips Act tax credit to help lower the cost of artificial intelligence infrastructure, as the startup explores additional ways the US government can support an industrywide data center build-out for AI. In a letter last week to White House Office of Science and Technology Policy Director…
Ever wished you could have a pie flavored like Mountain Dew’s bluest flavor? Well, even if you haven’t, Taco Bell has you covered. The fast food chain released its Baja Blast pie on Thursday, just in time for you to bring it to your Friendsgiving, the company said. Taco Bell first announced the Mountain Dew…
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Seven families filed lawsuits against OpenAI on Thursday, claiming that the company’s GPT-4o model was released prematurely and without effective safeguards. Four of the lawsuits address ChatGPT’s alleged role in family members’ suicides, while the other three claim that ChatGPT reinforced harmful delusions that in some cases resulted in inpatient psychiatric care. In one case,…
Miro Vrlik Photography/Shutterstock Once famous for its “Where’s the beef?” campaign, Wendy’s has announced it will be trimming some of the fat from its national footprint. On a recent quarterly earnings call, Interim CEO Ken Cook told investors the company plans to begin closing many locations that aren’t meeting sales expectations this year, with more…
MacKenzie Scott has been one of the biggest names in philanthropy in 2025. The billionaire novelist, philanthropist, and ex-wife to Amazon founder Jeff Bezos has donated hundreds of millions of dollars just in the past few months—but since 2020, she’s donated an eye-popping $19.25 billion. Scott came to much of her fortune through her connection…
The Federal Aviation Administration ’s unprecedented order to scale back flights nationwide because of the record-long government shutdown took effect Friday morning, with some passengers trying to figure out backup travel plans. Airlines scrambled to adjust their schedules and began canceling flights Thursday in anticipation of the FAA’s official order, while travelers with plans for…
A risk-off week on Wall Street is drawing to a close, with some of the most-expensive areas of the market driving stocks lower while a renewed slide in crypto leaves the asset class barely up for 2025. Equities fell on Friday, with the S&P 500 set to halt a streak of three weeks of gains…
Ohio-based Wendy’s is planning to close hundreds more stores just a year after shuttering 140 locations. Interim CEO Ken Cook told investors in a Friday, Nov. 7, quarterly earnings call that the fast-food company would be closing a “mid single-digit percentage” of locations. With around 6,000 locations still operating nationwide, this would amount to roughly…
Topline White House adviser Kevin Hassett said Friday the impact of the government shutdown is “far worse than we expected,” warning that the airline industry could have “at least a near-term downturn” if the shutdown drags on. Key Facts Hassett, the director of the National Economic Council, told Fox News the shutdown impacts are worse…
Starbucks has issued an apology for the rollout of its viral “Bearista” cup. On Thursday, the popular coffee chain ushered in the holiday season, debuting its menu of seasonal drinks, treats and new, limited-edition merchandise. Included in the drop was the highly sought-after Starbucks Bearista cup, a glass cup in the shape of a honey…
Topline Tesla shares declined more than 3% on Friday, cutting CEO Elon Musk’s fortune by $10 billion after the automaker voted to approve a compensation plan that could award the world’s richest person $1 trillion over the next decade—a move derided by some analysts and shareholders. Key Facts Shares of Tesla fell 3.6% to around…
When Ford electrified its bestselling pickup truck, it pulled out all the stops. The F-150 Lightning may look virtually identical to other versions of the pickup, but it’s smoother, faster, and obviously far, far more efficient than the ones that run on gas, diesel, or hybrid power. But the future of the country’s bestselling electric…
The following e-mail was sent to all Goldman Sachs employees globally today: Today, we are pleased to announce that 638 individuals across 54 offices have been invited to become managing directors as of January 1, 2026. The Managing Director Class of 2025 comprises leaders at Goldman Sachs who have made a significant impact on our business…
Transportation Shareholders joyfully vote to dilute their own holdings to the benefit of Musk’s power grab. Shareholders joyfully vote to dilute their own holdings to the benefit of Musk’s power grab. Nov 7, 2025, 2:53 PM UTC Andrew J. Hawkins is transportation editor with 10+ years of experience who covers EVs, public transportation, and aviation….
WASHINGTON (AP) — Near the end of his first term, President Donald Trump signed into law a bill that aimed to reduce harmful, planet-warming pollutants emitted by refrigerators and air conditioners. The bipartisan measure brought environmentalists and major business groups into rare alignment on the contentious issue of climate change and won praise across the…
Starbucks’ new drinkware is already beary popular — and they’re apologizing for it. On Nov. 6, the coffee chain released its 2025 holiday menu and merchandise, including the already-viral Glass Starbucks Bearista Cold Cup, a 20-ounce vessel shaped like a teddy bear wearing a Starbucks green knitted beanie priced at $29.95. The novelty cup has caused…
Kwasi Gyamfi AsieduReporting from Washington’s Reagan National Airport Ndenisarya Meekins’ flight to New York with her daughter, Sara, was cancelled, threatening what is supposed to be a special mother-daughter trip, complete with tickets to stage shows in the Big Apple. There were no alternatives with the same airline but after an anxious search, Meekins has…
This year’s Coca-Cola‘s AI ad-drop was supposed to be different. Different than last year’s bashing, what with smoother tech. Different from last year’s controversy, what with more consumer acceptance. The critics, producers hoped, might be subdued. So much for that. Several days after the animated “holidays are coming” spot debuted, the backlash among the creative…
Stock Market News Review: SPY, QQQ Blindsided by Alarming Layoffs Data as VIX Surges – TipRanks.com Advertisement Both the S&P 500 ETF (SPY) and the Nasdaq 100 ETF (QQQ) closed deep in the red over renewed labor market and AI valuation concerns. The Volatility Index (VIX), which measures expected stock market volatility over the next…
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The logo of SoftBank is displayed at a company shop in Tokyo, Japan January 28, 2025. Issei Kato | Reuters Shares of Japan’s SoftBank Group resumed their slide on Friday, following a broader slump in AI-related stocks as investors once again grew wary of the sector’s lofty valuations. The group, which holds a wide range…
Starbucks announced its 2025 holiday menu with several existing and new flavored drinks going on sale this week, but what’s generating the most buzz is a new item: a $30 “bearista” mug, a glass cup for cold drinks resembling a honey bear container. The mug, which is topped with a green silicone beanie, went on sale…
U.S. Stock Futures Slip as Key AI Stocks Fall on Valuation Concerns – TipRanks.com Advertisement U.S. stock futures were down Thursday night after a selloff in major AI stocks that dragged the market lower earlier in the day. Futures on the Nasdaq 100 (NDX), the Dow Jones Industrial Average (DJIA), and the S&P 500 Index (SPX) were down…
Rarely has a month gone by in 2025 without OpenAI signing another multibillion-dollar data center deal. In a lengthy post on X on Thursday, OpenAI CEO Sam Altman publicly clarified the totals. “We expect to end this year above $20 billion in annualized revenue run rate and grow to hundreds of billion by 2030. We…
Noor Nanji & Zoe ConwayBBC News Getty Images McDonald’s will bring in new sexual harassment training for managers in strengthened measures agreed with the equality watchdog to protect its staff from abuse. The move was “in response to serious allegations raised”, the watchdog said, after it initially intervened in the company. A BBC investigation two…
The Nasdaq Composite closed lower Friday, pressured by more losses in artificial intelligence stocks, to post a losing week as new economic data added to investors’ fears of a slowdown. The tech-heavy index shed 0.21% to finish at 23,004.54. In contrast, the S&P 500 and the Dow Jones Industrial Average inched into the green. The…
Updated 7:40 PM At least 3 close calls have occurred at airports during government shutdown There have been at least three apparent close calls at major airports during the government shutdown. In one of those incidents, which occurred on Oct. 31, American Airlines Flight 4 to New York and ITA 621, an Italian airliner,…
Texas Attorney General Ken Paxton says he has sued Roblox over “flagrantly ignoring” safety laws and “deceiving parents” about the dangers the online video gaming platform poses to young people. In a social media post he said Roblox is a “breeding ground for predators”, accusing Roblox of putting “pixel paedophiles and corporate profit” over the…