Industry

USPS pauses pension contributions to conserve cash as financial losses raise concerns about a potential funding crisis.

The DOJ investigates the NFL's broadcast model over rising costs and concerns it may limit competition and fan access.

Elon Musk's xAI has filed a lawsuit to block Colorado's new AI law, arguing it violates free speech and could slow down AI development in the U.S.

FCC proposes new restrictions on Chinese telecom firms, citing national security risks and tighter control over U.S. networks.

Disney plans to lay off up to 1,000 employees as new CEO Josh D'Amaro begins leadership amid ongoing cost-cutting efforts.

Ford requests temporary relief from 25% aluminum tariffs after Novelis fires disrupt U.S. vehicle production.

JPMorgan CEO Jamie Dimon warns high taxes in New York City could drive businesses and workers to relocate to lower-cost areas.

Ford recalls over 422,000 vehicles in the U.S. due to faulty wiper arms that may fail and increase crash risk.

Delta and Southwest Airlines raise checked bag fees as rising fuel costs tied to Middle East tensions impact the aviation industry.

TrumpRx expands as AbbVie and Genentech add discounted drugs, lowering prices for uninsured patients across the U.S.

Associated Press cuts under 5% of staff as declining print revenue pushes shift to digital and broadcast news platforms.

Oracle hires Hilary Maxson as CFO amid mass layoffs to guide a $50 billion AI investment strategy and manage workforce restructuring.

OpenAI asks state officials to investigate Elon Musk over alleged anti-competitive actions ahead of a major AI trial.

Paramount secures $24B from Gulf funds to support its Warner Bros. deal as regulators review the major media merger.

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USPS Freezes Contributions to Federal Employee Pension Plan Amid Funding Strain