Breaking News: Business
The spring housing market is on, but mortgage rates just shot higher. Here’s what to know.
A realtor gives neighbors a tour during an open house at a home in Palm Beach Gardens, Florida, US, on Sunday, Jan. 11, 2026. Zak Bennett | Bloomberg | Getty Images Spring is traditionally the busiest season for home sales, and while this year’s market dynamics have shifted strongly in favor of buyers, broader forces […]
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David Zaslav’s WBD-Paramount deal payout highlights new ‘golden parachutes’ for CEOs
Warner Bros. Discovery CEO David Zaslav’s potential payout of more than $800 million from the Paramount Skydance deal highlights an obscure tax rule originally designed to limit CEO pay. According to SEC filings, Zaslav could collect hundreds of millions of dollars in severance and other stock awards and payments following Paramount’s acquisition of WBD. The […]
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Nexstar, Tegna merger closes after winning regulatory approval
Pavlo Gonchar | Sopa Images | Lightrocket | Getty Images Nexstar Media Group closed its acquisition of fellow broadcast station group owner Tegna after sealing regulatory approval, despite antitrust lawsuits filed against the deal in recent days. Nexstar’s $6.2 billion merger with Tegna brings together more than 260 local broadcast TV affiliate stations across the […]
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U.S. says Cuba is prohibited from taking Russian oil as two tankers head to island
An old Soviet-era Lada car drives past a truck belonging to a private Cuban company (mipyme) parked in front of a gas station with an IsoTank of imported fuel in Havana on March 19, 2026. Adalberto Roque | Afp | Getty Images The U.S. Treasury Department has said Cuba won’t be allowed to take delivery […]
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FedEx beats on top and bottom lines, raises guidance on strong performance
Rear view of FedEx delivery truck with logo parked on city street, Dogpatch Neighborhood, San Francisco, California, February 25, 2026. Smith Collection/gado | Archive Photos | Getty Images FedEx on Thursday reported strong fiscal third-quarter results that beat Wall Street’s expectations. The company also raised its guidance for fiscal 2026, projecting revenue growth of 6% […]
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FDA approves higher dose version of weight loss drug Wegovy as Novo Nordisk tries to win back market share
The logo of pharmaceutical company Novo Nordisk is displayed in front of its offices in Bagsvaerd, Copenhagen, Denmark, Feb. 4, 2026. Tom Little | Reuters The Food and Drug Administration on Thursday approved a higher dose version of Novo Nordisk‘s blockbuster weight loss injection Wegovy, as the company pushes to win back market share from […]
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Trump signals DOJ should continue Powell probe, complicating Warsh Fed nom
President Donald Trump on Thursday signaled his continued support for a Department of Justice investigation into Federal Reserve Chairman Jerome Powell — a stance that could further delay the confirmation of his would-be successor, Kevin Warsh. “He’s under investigation because he’s building a building for hundreds of billions of dollars more than it’s supposed to […]
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January new home sales plunge to the lowest pace since 2022
Blaine, Minnesota. New homes starting at a half million dollars in Lexington Waters are high efficiency homes and are HOA Maintained. Michael Siluk | UCG | Universal Images Group | Getty Images Sales of newly built homes in January dropped 17.6% month over month to a seasonally adjusted, annualized pace of 587,000 units, according to […]
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Tesla faces intensifying NHTSA probe of ‘Full Self-Driving’ in reduced visibility
The editorial image shows the interior of the new Tesla Model 3 with Full Self-Driving activated. Nurphoto | Getty Images The National Highway Traffic Safety Administration has escalated an investigation into Tesla‘s “Full Self-Driving” systems, according to filings on the agency website out Thursday. The probe into Tesla’s FSD is looking into possible safety defects […]
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Major League Baseball names Polymarket exclusive prediction market partner
Shayne Coplan, chief executive officer of Polymarket, on the floor of the New York Stock Exchange (NYSE) in New York, US, on Thursday, Nov. 13, 2025. Michael Nagle | Bloomberg | Getty Images Major League Baseball on Thursday announced it was naming Polymarket its official prediction market partner. The association also signed a memorandum of […]
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