Santander’s acquisition of Webster will vault it into the top-10 biggest retail and commercial banks by assets in the US © Andy Rain/EPA/Shutterstock Santander has struck a $12.2bn deal to buy US-based Webster Financial, which chair Ana Botín declared would give the Spanish bank the scale it needed to compete in all its markets. The…
For decades, the United States stock market has been a juggernaut on the international stage. The US dollar has been — and still is — the de facto currency globally. But for how much longer that will be the case is now looking uncertain. As the New York Times reports, investors are starting to look…
As Ted Sarandos endured hours of questioning from the Senate Judiciary antitrust subcommittee about Netflix’s pending acquisition of Warner Bros., several of the Hollywood guilds raised concerns again with lawmakers regarding any potential sale of the storied studio. The Directors Guild of America, Producers Guild of America and Writers Guild of America all weighed in…
WASHINGTON (AP) — The Trump administration announced Wednesday that it wants to create a critical minerals trading bloc with its allies and partners, using tariffs to maintain minimum prices and defend against China’s stranglehold on the key elements needed for everything from fighter jets to smartphones. Vice President JD Vance said the U.S.-China trade war…
A potential deal between Netflix and Warner Bros. Discovery’s (WBD) streaming and movie studio businesses has raised fresh concerns about consolidation in the streaming industry. Attempting to quell fears that an acquisition of WBD’s streaming and movie studio businesses might lead to higher prices, Netflix Co-CEO Ted Sarados suggested in a Senate hearing today that…
The Caribbean-themed chain announced it is closing all of its restaurants after 30 years in business, including one location in Washington. TUKWILA, Wash. — For a local island escape-themed restaurant, vacation is over. Tukwila’s Bahama Breeze restaurant, the only location in Washington, announced it is closing its doors for good in April. On Tuesday, its…
In this article CRM NOW NVDA AAPL META MSFT .IXIC .DJI .SPX .HSI .AXJO .N225 Follow your favorite stocksCREATE FREE ACCOUNT Low angle view of tall buildings in Tokyo, Japan, showcasing diverse architectural styles George Pachantouris | Moment | Getty Images Asia-Pacific markets mostly rose Wednesday, breaking ranks with Wall Street after a sell-off in…
Democrats on the Senate Banking Committee demanded that Chair Tim Scott delay the nomination of Kevin Warsh to lead the Federal Reserve until a pair of investigations into central bank Chair Jerome Powell and Governor Lisa Cook conclude. The Department of Justice is investigating potential criminal wrongdoing by Powell related to cost overruns on the…
President Donald Trump has always been crystal clear about his disdain for wind farms, but his second term’s landmark effort to halt new wind farm construction has now been undermined by five rulings from federal courts. Trump has called wind farms “ugly” eyesores. He has said they are “driving the whales crazy” and that wind…
New York — A nervous mood swept through markets Tuesday as stocks stumbled and bitcoin hit its lowest level since November 2024. The Dow closed lower by 167 points, or 0.34%, after tumbling as much as 575 points earlier. The broader S&P 500 fell 0.84%. The tech-heavy Nasdaq sank 1.43%. The S&P and Nasdaq each…
Transportation SpaceX is profitable, while xAI is burning about $1 billion a month. Is this another case of Musk bailing out himself? Feb 3, 2026, 9:01 PM UTC Andrew J. Hawkins is transportation editor with 10+ years of experience who covers EVs, public transportation, and aviation. His work has appeared in The New York Daily…
The biggest car news and reviews, no BS Our free daily newsletter sends the stories that really matter directly to you, every weekday. The United States Environmental Protection Agency has changed its tune on diesel trucks under the current administration. Whereas previous versions of the EPA pursued massive penalties and even criminal fines for those…
Unsurprisingly, Netflix was lambasted today at a Senate hearing for allegedly having “the wokest content in the history of the world” and pushing “propaganda” as the partisan claws came out quickly. “Netflix has long been a left wing company,’ Senator Ted Cruz bluntly declared Tuesday at an increasingly contentious Capitol Hill hearing on the streamer’s…
In this article CMG Follow your favorite stocksCREATE FREE ACCOUNT Chipotle Mexican Grill on Tuesday reported quarterly earnings and revenue that topped analysts’ expectations, although traffic to its restaurants fell for the fourth straight quarter. For 2026, the company is projecting flat same-store sales growth, signaling that the burrito chain’s woes are not expected to…
With Disney officially naming Disney Experiences chairman Josh D’Amaro as CEO and the successor to Bob Iger and Dana Walden as President and Chief Creative Officer, one of the questions that remains is what do the moves mean for the company’s film division, given that neither D’Amaro nor Walden have strong ties to that side…
A Wall Street Journal report on Friday said Nvidia insiders had expressed doubts about the transaction and that Huang had privately criticized what he described as a lack of discipline in OpenAI’s business approach. The Journal also reported that Huang had expressed concern about the competition OpenAI faces from Google and Anthropic. Huang called those…
Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., January 21, 2026. Brendan McDermid | Reuters The S&P 500 fell on Wednesday as the sell-off in technology stocks intensified, with losses in Advanced Micro Devices hindering the trade. The broad market index slid 0.51% and closed at…
Ken Griffin: ‘One of the things that you want to believe is that those who serve the public interest have the public interest at heart in everything they do’ © Krisztian Bocsi/Bloomberg Billionaire investor Ken Griffin has accused members of the Trump administration of enriching their families, in a rare rebuke by a prominent Wall…
Nvidia is on track for its worst loss since late November, with shares extending losses after CEO Jensen Huang said the chip designer’s plan to invest in OpenAI is “on track.” “There’s no drama involved,” he told CNBC. “Everything’s on track.” With all due respect, there’s definitely some drama. On Friday, The Wall Street Journal…
Netflix co-CEO Ted Sarandos was in the hot seat defending the streaming giant’s $83 billion deal for Warner Bros. at a Senate hearing Tuesday, amid pointed questions from lawmakers about the threat the pact poses to competition, jobs and streaming prices. The hearing, “Examining the Competitive Impact of the Proposed Netflix-Warner Brothers Transaction,” was called…
It’s a tale as old as time, or at least as old as TikTok: chicken nuggets lovingly topped with a dab of caviar. McDonald’s is embracing the trend this Valentine’s Day with a limited-time McNugget Caviar kit. The free kit, which will be available on McNuggetCaviar.com on Feb. 10, pairs a one-ounce tin of Paramount’s…
NEW YORK (AP) — The U.S. stock market sank in mixed trading on Tuesday, while gold and silver bounced higher after their latest sell-off. The S&P 500 fell 0.8% and pulled further from its all-time high set last week. The Dow Jones Industrial Average dipped 166 points, or 0.3%, and the Nasdaq composite sank 1.4%….
SANTA CLARA, Calif., Feb. 03, 2026 (GLOBE NEWSWIRE) — AMD (NASDAQ:AMD) today announced financial results for the fourth quarter and full year of 2025. Fourth quarter revenue was a record $10.3 billion, gross margin was 54%, operating income was $1.8 billion, net income was $1.5 billion and diluted earnings per share was $0.92. On a…
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Feb 3 (Reuters) – Homebuilders are working on a proposal to develop nearly a million “Trump Homes” that would address the U.S. affordability crisis, Bloomberg News reported on Tuesday. This calls for builders to sell entry-level homes into a pathway-to-ownership program allowing private capital funding of billions of dollars, Bloomberg News reported, citing sources familiar…
In this article LLY NVO NVO Follow your favorite stocksCREATE FREE ACCOUNT Novo Nordisk signage on the floor of the New York Stock Exchange in New York, US, on Friday, Jan. 2, 2026. Michael Nagle | Bloomberg | Getty Images Novo Nordisk‘s U.S. shares plummeted Tuesday after the company said it sees sales and profit…
In this article BTC.CM= MSTR Follow your favorite stocksCREATE FREE ACCOUNT Bitcoin briefly dived below the $73,000 mark on Tuesday, hitting its lowest price in nearly 16 months. The world’s oldest cryptocurrency sank as low as $72,884.38, falling more than 6% on the day. That’s its lowest level since Nov. 6, 2024, when the token…
Things got even weirder on Moltbook, the viral Reddit-style platform, over the weekend. Feb 3, 2026, 2:15 PM UTC Things got even weirder on Moltbook, the viral Reddit-style platform, over the weekend. Feb 3, 2026, 2:15 PM UTC Hayden Field is The Verge’s senior AI reporter. An AI beat reporter for more than five years,…
WASHINGTON (AP) — Higher-income Americans and those with college degrees have ramped up their spending more quickly in the past three years than other consumers, according to new data released Tuesday, evidence of worsening inequality that may explain some of the growing pessimism about the economy. The data, released by the Federal Reserve Bank of…
A federal judge on Monday ruled that an offshore wind project aimed at powering 600,000 New York homes can resume construction, the fifth such project put back on track after the Trump administration halted them in December. In clearing the way for Sunrise Wind to proceed, Judge Royce Lamberth found that the government had not…
Consumer Reports’ verdict on the top new cars for 2026 is in, and it brings some welcome news for car shoppers looking to cut down on their fuel use while also staying safe on the road. This year’s mix of top cars, trucks and SUVs include several models that come in below the average $50,000 starting…
The locking mechanism must be designed so that, in a crash that results in airbags deploying or a battery fire, doors on the non-impact side can be opened without tools. Chinese regulators are just as concerned that a vehicle’s occupants don’t get confused about how to open a door from the inside in an emergency….
Rising memory prices fueled another rally in the NAND flash specialist. Shares of Sandisk (SNDK 8.33%) were soaring last month as the maker of NAND flash memory chips and other memory products benefited from a continuing shortage in the memory sector due to the AI boom. Sandisk blew past estimates in its second-quarter earnings report…