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Markets
Reddit aiming for $6.5B valuation in long-awaited IPO
Reddit is targeting a $6.5 billion valuation in its forthcoming initial public offering (IPO), the…
Active ETF managers fuel record $1 trillion+ asset growth in 2025
The exchange-traded fund industry is having a record year, with assets already hitting over $1…
CEOs prepare for Trump administration
President-elect Trump will take office on Monday, and Wall Street and Corporate America are bracing…
Investment bankers say Trump mergers and acquisitions boom already underway
President-elect Trump doesn’t officially take office for another week, but investment bankers say a boom…
Meta cutting 5% of workforce through performance-based attrition
Facebook parent Meta on Tuesday announced that it's planning to cut back its workforce with…
Southwest to pause some hiring, summer internships in cost-cutting measure
Southwest Airlines is looking to trim costs by halting some hiring and most summer internships.…
Is DEI dying? Here’s the list of companies that have rolled back the ‘woke’ policies
Most major U.S. corporations still have diversity, equity and inclusion (DEI) programs, but the list…
Apple’s board recommended shareholders reject DEI rollback proposal
Apple's board of directors urged shareholders to reject a proposal that would require the company…
MoonPay acquires Helio for $175M to expand crypto payments infrastructure
Crypto payments platform MoonPay has acquired blockchain payment processor Helio for $175 million, marking the…
Wildfires expose California’s insurance crisis; Meta, Amazon ditch DEI; and IRS outlines tax season
Stocks tumbled after a stronger-than-expected jobs report, raising new headwinds for the Federal Reserve -President-elect…
Dockworkers’ union, employers avert strike after reaching tentative deal
The labor union representing some 45,000 U.S. dockworkers reached a tentative agreement with port employers…
Chick-fil-A’s lemon-squeezing automation cuts over 10,000 hours per day: report
Atlanta, Georgia-based Chick-fil-A Inc. is cutting nearly 10,000 hours of work per day at its…
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