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Markets
Tesla stock soars 22% in May as investors welcome Musk back from DOGE duties
Tesla shares soared nearly 22% in May, the best month since November 2024, as investors…
OpenAI’s $500B valuation makes it world’s most valuable private company: report
A recently completed stock deal saw OpenAI's valuation surge to $500 billion and become the world's…
Blue Origin laying off roughly 10% of staff
Jeff Bezos-founded space company Blue Origin plans to lay off about 10% of its workforce,…
China carrying out customs fraud, trade expert says: ‘No doubt’
China may be out of ways to evade U.S. trade laws as President Donald Trump’s…
New York Stock Exchange announces NYSE Texas coming to Dallas
New York Stock Exchange (NYSE) Texas, "a fully electronic equities exchange," is coming to Dallas.…
Chevron trimming headcount by 15-20% in layoffs
Chevron is seeking to trim its headcount by a sizable amount. The energy giant will…
JPMorgan Chase reportedly to start rounds of layoffs
JPMorgan Chase reportedly has several rounds of layoffs coming this year, and some workers at…
Spirit Airlines rejects another Frontier Airlines acquisition worth $2.16B
Spirit Airlines rejected an acquisition offer worth about $2.16 billion from Frontier Group.Spirit and Frontier…
Ford CEO says tariffs bringing ‘a lot of cost and a lot of chaos’
Ford CEO Jim Farley said Tuesday that President Donald Trump's tariff push has so far…
McDonald’s takes massive sales hit from E. Coli outbreak
McDonald's sales took a significant hit in its latest quarter due to an E. coli…
Hyatt to acquire Playa Hotels
Hyatt Hotels will buy Playa Hotels & Resorts for about $2.6 billion including debt, net…
DOGE cuts, Trump’s tariffs and Super Bowl Sunday
-Stocks ended Friday and the week on a down note as Trump's tariffs roiled investors …
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