Corporate Law

Business

Bank of America Doubles Down on Auto Finance, Expands Digital and Branch Strategy Amid New Retirement Program Push

Bank of America extends its partnership with Volvo Car Financial Services through 2030, solidifying its position in automotive lending. Concurrently, the bank joins JPMorgan Chase in matching contributions to the new federal 'Trump Accounts' child savings program, while advancing a dual-track expansion in digital services and physical branches.

Jan 30, 2026

Business

Lloyds Banking Group's Rally Sparks Valuation Debate: Is the Stock Still a Buy?

Shares in Lloyds Banking Group have surged over 18% in three months, reigniting investor interest. As the stock hovers near analyst targets, a key question emerges: does the UK banking giant still offer value, or has the market run ahead of itself?

Jan 30, 2026

Business

Bitcoin's Exodus: Major Miner Bit Digital Joins Industry Shift Away from Crypto Mining

In a significant industry pivot, Nasdaq-listed Bit Digital announces plans to completely exit Bitcoin mining, citing capital inefficiency and redirecting focus to Ethereum infrastructure and AI. This move follows a broader trend of crypto firms abandoning mining operations post-halving and amidst the AI boom.

Jan 30, 2026

Business

Broadcom's AI Chip Dominance Fuels Investor Optimism Amid Data Center Boom

As demand for AI infrastructure surges, Broadcom's custom chip business positions it for sustained growth, with analysts highlighting its potential for long-term portfolio gains despite its absence from some top stock lists.

Jan 30, 2026

Business

Tesla's Driverless Taxis Hit Austin Streets as Berkshire's New CEO Charts a Course and Markets Eye 24/7 Trading

A pivotal week in business saw Tesla's long-awaited robotaxis begin operations without safety drivers, signaling a new phase in autonomous mobility. Meanwhile, Greg Abel's early moves at Berkshire Hathaway hint at a potential strategic shift, and a push for tokenized, round-the-clock stock trading raises questions about the future of finance.

Jan 30, 2026

Business

Scout Motors' South Carolina EV Plant Hits $150M Overrun, Taxpayers Asked to Cover Costs

Three years after securing $1.3 billion in state incentives, Volkswagen-backed Scout Motors' planned electric vehicle factory faces mounting public costs amid wetland mitigation and inflation, raising questions about risk allocation.

Jan 30, 2026

Business

FDA Greenlights Spectrum Dynamics' AI-Powered Imaging Platform, Boosting Nuclear Medicine Precision

The FDA clearance of Spectrum Dynamics' Veritas.AI platform marks a significant step forward for nuclear imaging, promising to cut scan times in half and enhance image clarity for critical applications like cancer theranostics.

Jan 30, 2026

Business

Trump Taps Kevin Warsh for Fed Chair, Signaling Aggressive Push for Bank Deregulation

President Donald Trump's selection of former Fed Governor Kevin Warsh to lead the central bank is widely seen as a move to accelerate the rollback of post-crisis financial rules and align regulatory policy more closely with White House objectives, analysts say.

Jan 30, 2026

Business

The Hunt is Over: Saks OFF 5TH, Neiman Marcus Last Call Shutter Stores in Bankruptcy Liquidation

The thrill of the hunt for luxury bargains is fading for American shoppers as Saks Global closes dozens of off-price physical stores. Experts explain the deep-seated psychology behind bargain hunting and what the retail landscape loses with these closures.

Jan 30, 2026

Business

USA Rare Earth Stock Rebounds on Analyst Confidence After Government Lifeline

Shares of USA Rare Earth (NASDAQ: USAR) recovered Wednesday following a sharp sell-off, buoyed by an analyst's upgraded price target and reinforced by a recent $3.5 billion capital infusion from public and private sources.

Jan 30, 2026

Business

Beyond the Hype: Five Stocks Poised to Define the 2026 Investment Landscape

As 2026 unfolds, the AI investment thesis is maturing beyond initial skepticism, creating opportunities in both leading tech giants and overlooked sectors. We analyze five companies, from semiconductor powerhouses to regional e-commerce leaders, positioned for a pivotal year.

Jan 30, 2026

Business

Illinois Sees Dip in New Jobless Claims Amid Broader National Stability

Initial unemployment filings in Illinois fell last week, reflecting a modest improvement in local labor market conditions even as national numbers held steady.

Jan 30, 2026

Business

eBay's Fee Shift and Green Push: A Strategic Pivot or Seller Squeeze?

eBay is navigating a complex transition, implementing new ad fees and AI restrictions while doubling down on sustainability. These moves are reshaping the marketplace dynamics for sellers and investors alike.

Jan 30, 2026

Business

TSMC's Arizona Megafab Signals AI Boom, But Investors Question Valuation Amid Massive Expansion

Taiwan Semiconductor Manufacturing Company's planned Arizona gigafab cluster, backed by a US$250 billion U.S.-Taiwan initiative, underscores its pivotal role in powering the AI revolution while raising questions about capital intensity and long-term returns in the reshoring era.

Jan 30, 2026

Business

Japan Bets Big on AI Sovereignty with $6.3 Billion Public-Private Push

In a strategic move to reduce reliance on foreign tech giants, Japan launches a national AI initiative, combining SoftBank's leadership with substantial government backing to develop a domestic foundational model.

Jan 30, 2026

Business

Musk Weighs Unifying Empire: SpaceX in Talks for Potential Mergers with Tesla or xAI

Elon Musk is exploring strategic mergers for SpaceX, with discussions underway for potential combinations with either Tesla or his AI startup xAI, as the billionaire seeks to consolidate his sprawling technological ventures ahead of a landmark public offering.

Jan 30, 2026

Business

Copper's Bull Run: Three Mining Giants Poised to Capitalize on Surging Demand

As copper prices surge over 40% since August, driven by supply constraints and green energy demand, investors are eyeing major producers BHP, Freeport-McMoRan, and Southern Copper, each offering a distinct path to exposure in the red-hot market.

Jan 30, 2026

Business

Trump Taps Former Fed Governor Kevin Warsh to Lead Central Bank, Signaling Hawkish Shift

President Donald Trump has nominated Kevin Warsh, a former Federal Reserve governor known for his hawkish views and nuanced stance on Bitcoin, to chair the central bank. The move sets the stage for a contentious Senate confirmation battle and could herald a significant shift in U.S. monetary policy.

Jan 30, 2026

Business

Markets Dip on Trump's Surprise Fed Pick: Kevin Warsh Tapped to Replace Powell

U.S. stock futures turned lower Friday morning following President Trump's announcement nominating former Fed Governor Kevin Warsh to chair the Federal Reserve, replacing Jerome Powell. The move injects fresh uncertainty into monetary policy outlook.

Jan 30, 2026

Business

AI's Double-Edged Sword: Software Stocks Slump as Innovation Fuels Investor Anxiety

A wave of selling has hit enterprise software giants, with sector leaders like SAP and Salesforce shedding billions in market value. The trigger? Microsoft's latest earnings revealed a slowdown in its cloud growth, but the deeper unease stems from AI's potential to disrupt the very foundations of the SaaS business model.

Jan 30, 2026