US Business
Raves, Debt and Deaths: How a Wall Streeter Came to Own New York’s Biggest Club
Andrew Axelrod loaned $120 million to the Brooklyn Mirage. After it went bankrupt, he took over the joint.
US Business
US Business
Jack Dorsey’s Block to Lay Off 40% of Its Workforce in AI Remake
The company said the plan would cost it $450 million to $500 million in expenses and severance.
US Business
Paramount Wins Bidding War for Warner Discovery After Netflix Drops Out
Netflix pulled the plug on its deal soon after Warner’s board determined Paramount’s revised offer was superior.
US Business
Trump Administration Plans to Reverse Biden Rules on Gig Workers
The proposal would make it easier for companies to classify workers as independent contractors.
US Business
Vanguard Settles Texas Lawsuit Alleging Investors Conspired to Drive Up Coal Prices
Vanguard Group agreed to pay several U.S. states $29.5 million to settle a lawsuit alleging it worked with other index-fund managers to pressure coal companies to reduce output.
US Business
Washington Post Losses Topped $100 Million in 2025
The paper, known in part for its coverage of the Watergate scandal and the Pentagon Papers, has struggled to find a sustainable business model.
US Business
Wall Street Traders Are Pouncing on the Tariff Refund Chaos
Investors are paying more for tariff-refund claims since the Supreme Court struck down the president’s tariffs.
US Business
Nvidia Beats Back Bubble Fears With Record $68 Billion in Sales in Fourth Quarter
“Computing has changed,” CEO Jensen Huang said, citing agentic AI as driver of 94% profit surge.
US Business
The $130 Billion Race for Companies to Get Their Tariff Money Back
At least 1,800 companies have filed lawsuits seeking refunds from the government.
US Business
Paramount Streaming Revenue Rises, but TV Segment Faces Headwinds
The media company is pursuing a high-stakes bid for rival Warner Bros. Discovery.