The Washington Post, owned by Jeff Bezos, has initiated sweeping layoffs affecting up to a third of its workforce, including hundreds in the newsroom. The cuts, impacting all departments, mark a profound shift for the 147-year-old institution as it grapples with steep financial losses and a declining subscriber base.
The expiration of the New START treaty removes all verifiable caps on American and Russian nuclear arsenals for the first time since 1972, raising fears of a destabilizing arms race amid heightened geopolitical tensions and a stalled diplomatic landscape.
Avis Budget Group consolidates its Zipcar subsidiary's corporate operations, closing the Boston headquarters and eliminating over 100 roles. The restructuring aims to streamline the car-sharing unit's costs while maintaining local market teams, as the parent company navigates cyclical pressures and a focus on operational efficiency.
Eli Lilly shares surged Wednesday after the pharmaceutical giant projected robust revenue growth through 2026, fueled by its weight-loss drug portfolio. The upbeat outlook contrasted sharply with rival Novo Nordisk, whose stock tumbled following a weaker-than-expected sales forecast.
Despite posting lower sales and earnings for 2025, Eastman Chemical is betting that a rigorous cost-cutting program and the strategic execution of its ethylene-to-propylene (ETP) project will redefine its investment narrative and pave the way for more stable profitability.
Dr. Mehmet Oz, alongside Health Secretary Robert F. Kennedy Jr., argues that improving national health could unlock trillions in economic productivity, potentially stabilizing entitlement programs and reducing the debt burden.
U.S. stocks extended losses Wednesday, led by a sharp sell-off in technology shares. Investor anxiety mounted ahead of earnings from Google-parent Alphabet, while a steep drop in AMD shares and mixed economic data added to the day's volatility.
Tesla proceeds with a major investment in Elon Musk's xAI, overriding prior shareholder objections. The move intensifies the EV giant's AI ambitions while fueling debates over corporate governance and long-term value.
As the TSX rides a wave of positive earnings momentum, investors are sifting through smaller-cap names for growth potential. We examine three companies—spanning crypto, energy, and digital assets—that are catching the eye of analysts, despite the inherent risks of the 'penny stock' category.
Despite near-term margin pressures, MercadoLibre's aggressive investment in logistics and user growth in Brazil is accelerating its ecosystem flywheel, positioning the Latin American giant for long-term dominance.
Despite strong quarterly results, Celsius Holdings (CELH) faces investor skepticism over inventory issues and execution risks. We analyze the bull case, its powerful PepsiCo partnership, and whether the stock's recent discount presents an opportunity.
An analysis of the bullish investment thesis for Corporación América Airports S.A. (CAAP) reveals a complex picture of significant potential upside weighed against substantial macroeconomic and operational risks, particularly its heavy exposure to Argentina's volatile economy.
Reynolds Consumer Products (NASDAQ:REYN) announces its upcoming dividend payment, offering a yield above the industry average. While the payout appears sustainable for now, analysts point to underlying challenges in earnings growth that long-term income investors should watch.
Two leading forces in the spirits industry—The Daily Pour and WhiskyX—have announced a strategic merger, creating a combined platform set to dominate the premium whiskey events landscape across the United States.
As climate shocks, cyberattacks, and geopolitical tensions expose the fragility of lean global networks, a new class of foundational technology is enabling a fundamental shift from efficiency to engineered resilience.
With the IRS now processing returns, Washington taxpayers are looking ahead to their 2026 refunds. Here’s a breakdown of expected timelines, common holdups, and how state-specific credits could affect your wait.
Investors eyeing Blackstone Inc.'s upcoming dividend have just days to act, but deeper analysis reveals a payout ratio that raises sustainability questions despite strong earnings growth.
CNBC's Jim Cramer highlighted ServiceNow's sharp decline as emblematic of the pressures facing software stocks, noting its nearly 24% pullback places it among the sector's worst performers recently.
Eleven U.S. state pension funds, having invested heavily in MicroStrategy as a proxy for Bitcoin exposure, now face steep losses averaging nearly 60% as the firm's high-risk strategy falters in the bear market.
PepsiCo announces a significant price reduction on its portfolio of popular snack chips, including Cheetos, Doritos, and Lay's, aiming to ease consumer budgets amid ongoing inflationary pressures.
