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Italian pasta exporters plan US market exit

Italian pasta makers say the Trump administration’s steep trade penalties could push their products off U.S. shelves, after the Commerce Department set a 92 percent antidumping duty on brands including La Molisana, atop …

Amazon launches early Black Friday 2025 deals

Amazon has launched early Black Friday 2025 deals ahead of its official sale starting Thursday, November 20, with discounts spanning electronics, home goods, beauty and toys. Shoppers can find savings on items like Echo …

Streaming giants intensify full screen pause ads

Streaming giants are turning the humble pause into prime ad real estate, expanding from subtle overlays to full-screen, shoppable pitches. Amazon’s format can add items to carts and lifted Duracell purchases 12% when pai…

Shutdown intensifies coast to coast flight disruptions

Air travel unraveled Monday as controller shortages deepened by the longest-ever U.S. government shutdown forced cuts and cancellations. Cirium counted 1,432 of 25,733 flights scrubbed, about 5.5% and rising, after the a…

FAA closes DFW to most noncommercial air traffic

Facing controller shortages during the federal shutdown, the FAA on Monday closed Dallas-Fort Worth International Airport to most non-commercial air traffic until 6 p.m., limiting operations to DFW-based aircraft and eme…

Kia previews larger next generation Telluride

Kia on Monday previewed its next-generation Telluride, calling it a new benchmark for the brand. The 2027 model, expected in U.S. showrooms in the first quarter, grows larger and boxier with a modern look, a broad grille…

Chanos closes bitcoin Strategy pairs trade

Short seller Jim Chanos closed a pairs trade that went long bitcoin and short Strategy’s common stock, betting the company’s premium to its bitcoin holdings would shrink. It has: from nearly three times net asset value i…

Hedge funds escalate talent war for loyalty

From Dorado Beach to a WeWork in Milan, top hedge funds are sweetening the deal to keep star traders from defecting. The multistrategy giants including Millennium, Point72, Citadel and Balyasny are offering relocation to…

Shutdown curbs private jets at major airports

With the shutdown past 40 days, unpaid air traffic controller shortages pushed the FAA to tighten flight limits, escalating last week’s 10 percent cut into a de facto halt on private jets at 12 of 40 affected airports. T…

Tesla launches short term rentals in California

Tesla has launched short-term rentals to counter falling US sales after federal EV tax credits expired. Available now at Tesla stores in San Diego and Costa Mesa, with expansion planned by year’s end, the program offers …

Andreessen Horowitz leads Gamma funding round

Gamma, a startup that turns text into polished presentations and more, will announce $68 million in new funding at a $2.1 billion valuation, led by Andreessen Horowitz. The profitable company says it has 70 million custo…

FAA grounds MD11 aircraft after fatal crash

The Federal Aviation Administration grounded all McDonnell Douglas MD-11 aircraft after UPS and FedEx grounded their MD-11s, following a UPS MD-11 that crashed shortly after takeoff in Louisville, killing 14. The FAA’s e…

Gen Z embraces high paying blue collar careers

Blue-collar jobs are surging in appeal, with two in five Gen Z adults pursuing trades, a Resume Builder survey of 1,434 young adults in May 2025 finds. Vocational programs are booming as many see strong pay and rising co…

Experts warn IRA beneficiary mistakes costly

Millions of Americans now hold IRAs, but a simple oversight can be costly, a Prudential Retirement Strategies expert warned at a financial planning conference in Las Vegas. Failing to update beneficiary designations—some…

Flight cuts and MD11 groundings squeeze cargo

The FAA’s order to cut domestic schedules by 10% at 40 airports, coupled with UPS and FedEx grounding MD-11 fleets after a Louisville crash that killed 14, is squeezing U.S. air cargo as the holidays near. The carriers s…

Tech stocks slide amid AI jitters

Tech stocks stumbled as the Nasdaq Composite Index fell 3%, its worst week since President Donald Trump announced a sweeping tariff plan in April, stoking worries that enthusiasm for artificial intelligence may be coolin…

Justice Department Probes Meatpackers Over Price Fixing

The Justice Department is conducting an antitrust investigation into major meatpackers, a move the White House requested after President Trump’s post accusing them of inflating prices and endangering the food supply. A n…

Rivian approves CEO performance based pay package

Rivian scrapped CEO RJ Scaringe’s 2021 pay plan and approved a performance-heavy package, lifting salary to $2 million and granting options for up to 36.5 million shares, an SEC filing shows. Worth up to $4.6 billion if …

Early Apple Black Friday deals hit record lows

With Black Friday set for Friday, November 28, 2025, MacRumors is tracking early discounts, largely on Amazon, with some of the lowest prices to date on Apple gear. Notable deals include an AirTag 4-Pack for $64.99, Appl…

Pfizer to acquire Metsera after bidding war

Metsera said Friday it agreed to be acquired by Pfizer after a bidding war with Novo Nordisk, at up to $86.25 a share, slightly above Novo’s latest offer valuing Metsera around $10 billion. The move advances Pfizer’s pus…

Paulo Costa named youngest Goldman managing director

Cheers swept Goldman Sachs’ London floor as Paulo Costa, 29, learned he’d been promoted to managing director — the youngest in this year’s 638-person class. An executive director overseeing dividend trading across EMEA, …

Rivian grants Scaringe new stock award

Rivian awarded CEO RJ Scaringe a new performance-based stock grant worth around $5 billion if targets are met, while doubling his salary to $2 million and giving him a 10% stake in spinout Mind Robotics, a filing shows. …

Microsoft layoffs reshape job security and lives

Microsoft workers describe a year of abrupt cuts that upended careers and confidence in job security. After eliminating 6,000 roles in May and about 9,000 in July — following nearly 2,000 performance-based reductions ear…

Staple Street Tribeca compound listed for 30M

After more than two decades on Tribeca’s tucked-away Staple Street, filmmaker Neil Burger and architect Diana Kellogg are listing their two-building compound for $30 million, the Wall Street Journal reports. The offering…

Report says Ford debates Lightning future

A Wall Street Journal report says Ford is in active talks about scrapping the F-150 Lightning, even as the company notes the electric pickup delivered record Q3 sales and remains the US best seller in its class. Producti…

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