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Starbucks' 2025 holiday rollout sparked a frenzy over its $29.95 Glass Starbucks Bearista Cold Cup, a 20-ounce glass cup shaped like a teddy bear wearing a green knitted beanie. Released Nov. 6, the item sold out quickly…
Talks between YouTube TV and ESPN remain far apart, sources say, as the Philadelphia Eagles vs Green Bay Packers Monday Night Football game nears. Without a deal, 10 million YouTube TV subscribers face a second weekend w…
Wall Street woke to a jolt of headlines: Tesla investors approved Elon Musk’s nearly $1 trillion pay plan, lifting his stake to 25% and tying stock awards to milestones including 1 million Optimus robots. Tech shares fel…
Qualcomm pushed back on talk that Samsung's Galaxy S26 will mostly use Exynos, saying on its Q4 call it still expects to power about 75% of devices in 2026. Executives called 75% the new baseline and noted Galaxy S25 use…
Furniture prices have climbed since 2020—up 11% for bedroom sets and 25% for living room, kitchen and dining pieces—yet industry voices note that increases trail overall inflation of nearly 26% and have eased from 2022 p…
Comcast moved closer to a possible bid for select Warner Bros. Discovery assets, hiring Goldman Sachs and Morgan Stanley and gaining access to WBD’s financials, Variety confirmed via a source familiar. WBD, which began a…
Meta projected last year that 10% of its annual revenue — $16 billion — would come from fraudulent ads on its apps, according to Reuters. Documents cited by Reuters say the company failed for three years to shield users …
OpenAI is fielding questions about how to fund $1.4 trillion in data center build-outs and usage commitments this year despite a $20 billion revenue run rate, after CFO Sarah Friar floated, then retracted, a U.S. governm…
OpenAI scrambled to calm concerns after CFO Sarah Friar suggested the U.S. could backstop its funding, prompting backlash. She later said “backstop” muddied her point about public and private roles in building capacity. …
OpenAI’s dealmaking streak in 2025 got context as CEO Sam Altman used a lengthy post on X to lay out ambitions and numbers. He said the company expects to end the year above a $20 billion annualized run rate, aims for hu…
One week into the blackout of ESPN, ABC and other Disney channels on YouTube TV, frustration is mounting as viewers miss college football and Monday Night Football. A Drive Research survey of 1,107 U.S. streamers found 2…
President Donald Trump struck landmark agreements with Eli Lilly and Novo Nordisk to cut costs for GLP-1 weight loss drugs. Starting next year, monthly out-of-pocket prices for injections and future pills will range from…
Duolingo shares plunged 27% after the language app issued lighter guidance while prioritizing user growth over near-term monetization. CEO Luis von Ahn said the company is shifting investment to long-term bets. For the q…
Goldman Sachs named 638 new managing directors, a roughly 5% increase over 2023’s class of 608, in one of Wall Street’s most watched promotions. CEO David Solomon and President John Waldron praised the cohort’s client fo…
Mark Zuckerberg’s fortune fell by nearly $5 billion as Meta shares slid Thursday after Reuters reported internal documents projecting about 10% of the company’s revenue—estimated at $16 billion—could come from ads for sc…
Starbucks rolled out its 2025 holiday menu this week, but the buzz centers on a $30 “bearista” mug — a honey-bear-shaped glass for cold drinks topped with a green silicone beanie. The cup sold out fast at many stores, wi…
Supreme Court justices from both wings signaled deep skepticism toward the Trump administration’s defense of most tariffs, raising hopes for refunds on nearly $90 billion collected so far. Yet who would qualify and how r…
CEOs and billionaires spent more than $40 million to stop Zohran Mamdani from becoming New York City’s next mayor; he won anyway, and their reactions now range from exit threats to pragmatic outreach. Kathryn Wylde said …
Corporate America’s tone has hardened as layoffs rise and AI reshapes work, with more bosses telling staff to conform or leave. Palantir’s Alex Karp touted an 'anti-woke' stance and attacked multiculturalism; AT&T’s John…
U.S. stocks slipped Thursday morning as investors sifted fresh earnings amid a government shutdown that’s obscuring key economic data. The S&P 500 fell 0.4%, the Dow lost 185 points, and the Nasdaq dropped 0.7% by 10:25 …
The Chan Zuckerberg Initiative announced its first major restructuring, sharpening its mission around science and A.I. The philanthropy acquired the team from A.I. start-up Evolutionary Scale and named its chief scientis…
Outback Steakhouse abruptly closed 21 restaurants in October and will let 22 more leases lapse over four years as parent Bloomin’ Brands launches a turnaround. The company will take a $33 million impairment and suspend i…
ESPN has named DraftKings its Official Sportsbook and Odds Provider, effective Dec. 1, with integrations rolling into ESPN platforms and the betting tab in the ESPN App starting in December. At launch, users can access s…
Turkey prices are spiking ahead of Thanksgiving as bird flu shrinks the U.S. flock to a near 40-year low and strains the supply chain. Wholesale costs are up 75% from October 2024, and Purdue University expects retail pr…
CarMax shares fell 10% in premarket trading Thursday after the used car retailer issued a weak preliminary outlook and said CEO Bill Nash will step down. The company expects third-quarter comparable used unit sales to dr…