Business
close video The FBI is investigating a reported cyberattack at Oracle, one of the world’s leading integrated tech companies. Hackers reportedly broke into Oracle’s computer systems and stole healthcare patient data, according to Bloomberg News, which cited a source familiar with the incident. LARRY ELLISON IS $15B RICHER AFTER ORACLE…
FCC Chairman Brendan Carr announced a new investigation into “DEI practices” at Disney and its flagship company ABC via X Friday. “I have asked the @FCC’s Enforcement Bureau to open an investigation into Disney & ABC,” Carr wrote. “While Disney started as an iconic American company, it recently went all…
Nikola founder Trevor Milton announced Thursday on social media that he had been fully pardoned by President Donald Trump. “Today I was issued a full and unconditional pardon by @realdonaldtrump himself. He called me personally to tell me,” Milton noted.The Associated Press reported that the White House confirmed on Friday…
President Donald Trump’s recently announced auto tariffs could potentially be a boon for rental car companies. Hertz on Thursday saw its stock price post a jump of over 20%, and another rental car company, Avis, posted a double-digit increase the same day. The jumps that those rental car companies experienced Thursday…
Elon Musk and members of his Department of Government Efficiency (DOGE) discussed efforts by bad actors to defraud Social Security in an interview on Thursday. Musk and several members of DOGE appeared on Fox News’ “Special Report with Bret Baier” and told host Bret Baier that a significant proportion of…
Airbnb co-founder Joe Gebbia, who has taken a role in the Elon Musk-led Department of Government Efficiency (DOGE), is aiming to digitize the government’s retirement process, calling the current system an “injustice to civil servants.” “This will be an online digital process that will take just a few days at…
Amazon is planning to extend its two-day shopping bonanza this year. The Amazon Services team reportedly sent a message to independent sellers, which account for more than half of Amazon’s sales, that “two days just wasn’t long enough” for its Prime Day in 2025. This year will mark the 10th…
President Trump’s tariffs on automobiles and automobile parts are going to hit some automakers harder than others, particularly among those with a lower share of their U.S.-sold vehicles assembled outside the United States. For instance, Volvo, Mazda, Volkswagen and Hyundai Motor, which include the brands Genesis and Kia, imported at…
American autoworkers who backed President Donald Trump in his 2024 campaign believe he’s delivering on his promise to bring back manufacturing dominance. “I personally had no doubt. The man keeps his word. He did it during his first term, and he’s doing it here in his second. And we’re very…
As Generation X continues getting closer to retirement, some have less than rosy views about their retirement prospects, according to a recently-released study from Fidelity Investments. Fidelity Investments found in the latest edition of its annual “State of Retirement Planning” study that 45% of Gen Xers – those between the ages…