The Justice Department (DOJ) on Friday announced it has closed its antitrust investigation into Paramount Skydance’s proposed acquisition of Warner Bros. Discovery, concluding the transaction is not likely to harm competition or American consumers. The Antitrust Division said its eight-month review examined more than two million documents and found the…

Ford announced a recall covering more than a quarter million Ford Focus vehicles over an issue that may cause the engine to stall unexpectedly. The recall affects 255,404 Focus vehicles from the 2012-18 model years due to an issue with the canister purge valve (CPV). These vehicles were covered by…

Nicotine usage among Americans has taken a new form as traditional tobacco usage has reached record lows. Nicotine pouches, an alternative to traditional chewing tobacco, have seen explosive growth. A study by Monitoring Tobacco Product Use showed that U.S. monthly dollar sales of pouches surged 250.8% from January 2023 ($145.5…

SpaceX’s record-setting IPO is creating a financial windfall for thousands of the company’s current and former employees who received stock as part of their compensation. Workers who hold stock in non-public companies are subject to restrictions that can keep them from selling those shares under most circumstances before an IPO…

Elon Musk’s SpaceX debuted on the public market on Friday, raising $75 billion in what was the largest IPO in history. SpaceX’s IPO more than doubled the previous IPO record and provides the company with capital to help finance what Musk explained on a pre-IPO livestream with JPMorgan Chase will…

New York City Councilmember Jennifer Gutiérrez and some of her colleagues are pushing a proposal to require the establishment of at least five municipal grocery stores per borough. The proposal comes as New York City Mayor Zohran Mamdani’s administration aims to establish one municipal grocery store in each of the…

The traditional American pastime of gathering at a local sports bar to watch Sunday football is being strangled by a technical and financial bottleneck, one restaurateur is warning. “It’s why we’re speaking up, because the simple matter is that it is hard to watch all of the streaming things… Is…

Elon Musk’s SpaceX began trading at $150 a share on Friday, above its listing price of $135 a share, making him the world’s first-ever trillionaire following the IPO. The rocket and satellite company raised a record $75 billion, valuing the company at about $1.8 trillion, pushing the value of Musk’s…

Billionaire hedge fund CEO and owner Ken Griffin is making good on his promise to “double down” on Miami after publicly feuding with New York City Mayor Zohran Mamdani over New York’s new tax on expensive second homes. Griffin, who runs hedge fund Citadel, plans to add a 300-unit apartment…

More than 17,000 coffee makers were recalled over a burn hazard that can cause serious injury, according to federal regulators. About 17,600 Kidisle-branded hot and iced coffee machines were affected by the recall, according to the U.S. Consumer Product Safety Commission.”The recalled coffeemakers(sic) can become clogged, causing hot liquid or…