business news
Partial government shutdown on track for Saturday; Senate may vote Friday on stalled deal
Senate Republicans said Friday they expect to start voting soon on a funding deal to keep federal agencies open, with just hours before a partial government shutdown is set to begin. But even if that deal is passed, at least a short shutdown is all but certain because the House of Representatives isn’t scheduled to […]
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Former Google engineer found guilty of espionage and theft of AI tech
The logo for Google LLC is seen at the Google Store Chelsea in Manhattan, New York, Nov. 17, 2021. Andrew Kelly | Reuters A federal jury in San Francisco on Thursday convicted a former Google software engineer of stealing trade secrets related to the search company’s AI technology. The jury found 38 year-old Linwei Ding, […]
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GameStop’s Ryan Cohen eyes ‘very big’ consumer megadeal that could increase company’s value tenfold
GameStop wants to acquire a publicly traded consumer company that’s far larger than the video game retailer in a deal that could be “transformational” for the company, CEO Ryan Cohen told CNBC in an interview Friday. “It’s gonna be really big. Really big. Very, very, very big,” Cohen said of the size of the acquisition. […]
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American Express, credit card provider to the wealthy, wants even more high spenders
American Express announces the new platinum business card. Courtesy: American Express American Express is finding that even for a provider of credit cards to the affluent, it pays to focus on the highest of high rollers. The company recently shifted marketing dollars to its refreshed Platinum card, which carries an $895 annual fee, and away […]
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Former CNN anchor Don Lemon arrested by feds over Minnesota activities, lawyer says
Former CNN anchor Don Lemon was arrested by federal agents in connection with his journalistic activities covering protests in Minnesota, his lawyer said Friday. Lemon “was taken into custody by federal agents last night in Los Angeles, where he was covering the Grammy awards,” his attorney, Abbe Lowell, in a statement. “Don has been a […]
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Chevron CEO says Venezuela is taking positive steps to protect private oil investment
Chevron CEO Mike Wirth said Friday that Venezuela has taken positive steps to protect investment by private oil companies since the Trump administration captured former President Nicolás Maduro. Venezuela on Thursday passed reforms to its hydrocarbon law that ease state control of the oil industry and grants private producers more autonomy. Wirth said Chevron is […]
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Stocks making the biggest moves midday: Newmont, Apple, Sandisk, Deckers Outdoor & more
Check out the companies making the biggest moves midday: Newmont , Freeport-McMoRan — The metals miners dropped 9.6% and 7.6%, respectively, as gold and silver faltered from record levels. The moves come after President Donald Trump picked Kevin Warsh to succeed Jerome Powell as Federal Reserve chair, easing fears that the central bank would lose […]
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DOJ has opened a federal civil rights probe into the death of Alex Pretti, deputy AG says
Medical workers, union members, and veterans gather for an ‘ICE OUT NOW!’ rally and memorial for Alex Pretti outside the Jesse Brown VA Medical Center on January 27, 2026, in Chicago, Illinois. Jacek Boczarski/ | Anadolu | Getty Images The Justice Department has opened a federal civil rights investigation into the shooting of Alex Pretti, […]
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Exxon CEO says Venezuela needs to transition to democracy for oil investment to make sense
Exxon Mobil CEO Darren Woods said Friday that Venezuela needs to transition to democracy in order for investment in the South American nation’s dilapidated oil industry to make sense. President Donald Trump is pressuring oil companies to invest at least $100 billion in Venezuela to rebuild the country’s oil industry after the U.S. captured former […]
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Trump finally makes his Fed chair pick — what Kevin Warsh means for investors
Financial markets took President Donald Trump ‘s pick of Kevin Warsh as the next Federal Reserve chair largely in stride, a sign investors see the former Fed governor as a credible steward of monetary policy despite expectations he may push for lower rates. Treasury yields were little changed on Friday immediately following the announcement, a […]
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