Business
Tesla CEO Elon Musk said that the company is planning to end production of the Cybertruck at Gigafactory Texas around the middle of next year as it reallocates capacity to increase Cybercab production. Musk said late Thursday in a post on his X platform that “Tesla will be winding down…
AMC Entertainment said on an earnings call this week that it has finally recovered from the struggles it experienced in the years following the COVID-19 pandemic. The company struggled with the loss of cash flow due to the pandemic-related movie theater shutdowns and a large debt burden and other headwinds…
Fox Corp. announced on Friday that it completed its acquisition of Roku to expand its streaming presence that already includes Tubi and FOX One. The company’s announcement said the combination of FOX’s live sports, news and local programming with Roku’s open connected TV platform reaching over 100 million households will create “new…
The Nasdaq Composite opened higher on Friday after a sell-off hit artificial intelligence stocks and sent the exchange into correction territory. The tech-heavy Nasdaq rose 1.28%, while the Dow Jones Industrial Average was 474 points, or 0.92% lower. The S&P 500 was up 0.38%.Technology and chip stocks were among those…
This story about the October 2026 jobs report will be updated with further details. The U.S. economy added jobs at a strong pace in October, rebounding from a softer September amid economic uncertainty.What are the findings of the October 2026 jobs report? The Bureau of Labor Statistics on Friday reported that…
On Election Day Tuesday, a majority of Florida voters approved a sweeping property tax cut for homeowners — and the excitement from real estate heavyweights on the ground in Miami was resounding: the Sunshine State just made itself unbeatable. Gathering at The Real Deal Miami Real Estate Forum just hours after…
Asian stock markets plunged Friday as a massive Wall Street sell-off spread overseas, sending major indexes in Japan, South Korea and Taiwan sharply lower. Meanwhile, U.S. stock futures were mixed, with Nasdaq futures climbing approximately 1.3%, signaling a potential rebound for technology stocks following Thursday’s steep declines. Dow futures, however,…
One of the newer social media sites is giving aspiring sports creators the opportunity to live out their dreams. Threads announced last month “Team Threads,” a group of commentators, creators and community champions sharing their takes all season long.Six-time Pro Bowl wide receiver Brandon Marshall is perhaps the biggest name…
President Donald Trump blamed Democrats’ sweeping midterm election victories for Thursday’s massive stock market sell-off after the party’s sweeping midterm election victories, and Wall Street suffered its sharpest sell-off since April 2025. In a post on Truth Social, Trump warned the market plunge had taken a toll on Americans’ retirement…
U.S. stocks plunged Thursday as investors dumped AI stocks, but market experts say Wall Street’s concerns go beyond a single bad day. The Dow Jones Industrial Average fell 1,833 points, or 3.44%, while the Nasdaq Composite plunged 5.52% in its worst session since April 2025. The Nasdaq also closed in…
