Business

More than 4 million children enrolled in Trump Accounts savings program, IRS says

More than four million children have been enrolled in newly created Trump Accounts, the Internal Revenue Service (IRS) said Tuesday, marking a major rollout of the administration’s savings initiative. Additionally, the IRS said more than one million children are covered by elections for the $1,000 Trump Accounts pilot program contribution.Trump…

Amazon and Delta partner to launch faster in-flight Wi-Fi

Amazon and Delta Air Lines are partnering to significantly upgrade the in-flight Wi-Fi experience for customers. The companies announced on Tuesday that Amazon Leo, the company’s high-speed satellite internet service, will be offered onboard Delta flights starting in 2028.”It’ll be multiple times faster than anything we have today. And it’ll…

Trump admin proposes opening 401(k)s to private equity, crypto

The Trump administration on Monday issued a proposed rule to allow retirement plans to offer alternative assets like private equity and cryptocurrencies as part of the investment options in 401(k) accounts. The Labor Department’s rule aims to ease longstanding barriers to incorporating alternative assets into retirement plans and follows an executive…

Virgin Galactic raises spaceflight ticket prices to 0K

Virgin Galactic is reopening sales of its commercial spaceflights on a limited basis – though ticket prices have risen from the company’s previous rate. The company made the announcement alongside its financial results for the fourth quarter and full year 2025, signaling that work on its fleet of SpaceShips is…

Oracle laying off thousands of workers to cut costs amid AI push: report

Oracle on Tuesday reportedly began notifying employees that it is moving forward with a round of layoffs as the company looks to reduce costs. The number of layoffs in the thousands, according to a report by CNBC that cited two people familiar with the matter.Oracle has recently ramped up capital spending…