Employee Suspension

Business

SunPower Installs First REC Monolith Panels in Silicon Valley, Signaling Strong Demand for Premium Solar Tech

SunPower has completed its inaugural installation of high-efficiency Monolith solar panels from REC Silicon in California's Santa Cruz, with local installer Cobalt Power Systems reporting immediate sell-out of initial inventory. The move comes amid surging demand from tech-savvy homeowners and follows SunPower's recent quarterly revenue growth.

Jan 30, 2026

Business

SpaceX IPO Rumors Fuel Secondary Market Frenzy as Wall Street Awaits a Blockbuster Debut

As SpaceX reportedly engages banks for a potential 2026 public offering, the pre-IPO secondary market for late-stage tech giants is booming, offering a critical liquidity valve and reshaping the path to going public.

Jan 30, 2026

Business

Amazon Announces 16,000 Job Cuts: A Strategic Pivot or Sign of Strain?

Amazon is set to eliminate 16,000 corporate roles, marking its largest workforce reduction since 2023. As the tech giant streamlines operations and doubles down on AI, investors are weighing the long-term strategy against near-term turbulence.

Jan 30, 2026

Business

OpenAI's Reported 2026 IPO: A High-Stakes Test for the AI Investment Frenzy

Sources indicate OpenAI is accelerating plans for a late-2026 public listing, a move that would place its massive cash burn and long road to profitability under intense investor scrutiny, potentially defining the next phase of the AI boom.

Jan 30, 2026

Business

Campbell's to Close Historic Cape Cod Chip Plant, Ending a Local Era

Campbell Soup Company will shutter its Hyannis, Massachusetts facility, the original home of Cape Cod Potato Chips, citing economic inefficiency. The closure, affecting 49 jobs, marks a strategic shift of production to larger plants as the snack giant consolidates its network.

Jan 30, 2026

World

Student Faces Deportation from UK After Pro-Palestine Protests, Citing 'Authoritarian' Echoes

Usama Ghanem, an Egyptian student at King's College London, faces imminent deportation after disciplinary action linked to his pro-Palestinian activism. He claims the university's response mirrors the political persecution he fled in Egypt, raising urgent questions about academic freedom and the treatment of international dissent.

Jan 30, 2026

Business

Canada Post, Union Finalize Landmark Labor Deal After Years of Turmoil

Canada Post and its union have finalized the text of a new five-year contract, paving the way for a ratification vote. The deal includes wage hikes and weekend parcel delivery but leaves out key management demands for operational flexibility.

Jan 30, 2026

Business

Starbucks Bets $500 Million on Tech and Training to Ease Barista Burden, Amid Union Tensions

Facing ongoing labor disputes, Starbucks unveils a massive investment in new espresso machines, AI-assisted POS systems, and a store rating program aimed at streamlining operations and improving the partner experience.

Jan 30, 2026

Business

Cuban's Healthcare Poll Exposes 'Pick-Your-Pain' Dilemma: Deductibles Edge Out Premiums in Voter Frustration

A social media poll by billionaire Mark Cuban reveals a near-even split on which part of U.S. health insurance is more financially painful—premiums or deductibles. The results, and the outpouring of personal stories in the replies, underscore a system many describe as forcing impossible choices amid relentlessly rising costs.

Jan 30, 2026

Business

Cavco Industries Navigates Hurricane Disruptions as Housing Demand Rebounds, Posts Solid Q2 Growth

Despite significant operational downtime from recent hurricanes, Cavco Industries reports a 12.3% year-over-year revenue increase to $507.5 million for Q2 FY2025, driven by a 15.7% jump in homes shipped. The company remains optimistic on market recovery and announces an additional $100 million share repurchase authorization.

Jan 30, 2026

Business

End of an Era: 71-Year-Old Firearms and Outdoor Distributor Big Rock Sports Files for Chapter 7 Liquidation

The collapse of Big Rock Sports, a major behind-the-scenes distributor for hunting and fishing retailers, marks another casualty in the sporting goods sector's struggle against e-commerce dominance and shifting consumer habits.

Jan 30, 2026

Business

Twin Peaks Parent Company Files for Chapter 11 Bankruptcy, Casting Uncertainty Over Florida Locations

The parent company of the Twin Peaks 'breastaurant' chain has filed for Chapter 11 bankruptcy protection, raising questions about the future of its 16 Florida locations, including a Jacksonville restaurant that opened in 2023. The chain plans to remain operational during restructuring.

Jan 30, 2026

Business

Peet's Coffee to Shutter Dozens of Stores Nationwide, Citing Economic Headwinds

The iconic California-born chain Peet's Coffee is closing 27 locations, including outlets in Manhattan Beach and Redondo Beach, as it navigates post-acquisition restructuring and a challenging market for mid-size coffee retailers.

Jan 30, 2026

Business

JetBlue Positions for a Shifting South Florida as Spirit's Future Hangs in the Balance

With Spirit Airlines shrinking operations under bankruptcy protection, JetBlue executives confirm detailed contingency plans are ready to deploy, centering on the crucial Fort Lauderdale hub.

Jan 30, 2026

Business

Social Security Tax Cap Rises to $184,500 in 2026: What It Means for Your Paycheck and Future Benefits

A scheduled increase in the taxable wage base for Social Security will impact earnings up to $184,500 next year, altering tax liabilities for higher earners and potentially widening the retirement savings gap for millions.

Jan 30, 2026

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

RIA Roll-Up Momentum Continues: Corient and Carson Lead Latest Wave of Wealth Management Deals

The wealth management sector kicks off the year with strategic acquisitions and rebranding moves. Corient expands its Silicon Valley footprint, Carson integrates a long-time partner, and Cetera lures a team from Raymond James, highlighting the ongoing consolidation and competition for advisor talent.

Jan 30, 2026

Business

Presidential Endorsement Sends French Eyewear Maker Soaring, But Can It Revive a Fading Industry?

A pair of aviator sunglasses worn by French President Emmanuel Macron during a high-profile moment at Davos has triggered a global sales frenzy for the historic brand Henry Jullien. While the Italian-owned company sees its stock and orders surge, industry veterans question whether the presidential spotlight can stem the long-term decline of French eyewear manufacturing.

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

Verizon Charts Aggressive Turnaround After Strong Q4, Unveils $25 Billion Buyback and Dividend Hike

Under new leadership, Verizon posts its best subscriber growth in years, outlines a massive cost-cutting plan, and signals a strategic pivot towards customer retention and convergence, backed by the completed Frontier acquisition.

Jan 30, 2026