Trump signs executive order to fast-track U.S. deep-sea mining, aiming to compete with China's control of critical minerals.
Industry
Intel Braces for Workforce Reductions as Losses Mount to $821 Million
Intel announces job cuts and office changes after reporting a $821 million loss in Q1 2025.
Toyota Explores Investment as $42 Billion Buyout of Supplier Takes Shape
Toyota considers investing in a $42 billion buyout of supplier Toyota Industries amid governance reform pressures.
Grain Millers Recalls 63,000 Pounds of Oats Due to Plastic Risk, FDA Says
Grain Millers recalled 63,000 pounds of oats due to plastic contamination risk, according to the FDA.
DOGE's Cost-Cutting Efforts Could Cost US Taxpayers Big Time: Report
DOGE's cost-cutting efforts under Elon Musk may end up costing U.S. taxpayers billions, experts warn.
Latest News
China has quietly rolled back tariffs on some U.S. semiconductors, signaling a shift amid ongoing trade tensions with the US.
Meta lays off staff in Reality Labs as it restructures VR and AR teams to boost efficiency.
Starbucks faces a lawsuit over claims it profited from forced labor on Brazilian coffee farms.
McDonald's brings back McCrispy Strips nationwide on May 5, rejoining the fast-food chicken battle.
Trump's meme coin, $TRUMP, surged by 58% after offering an exclusive dinner with the former president to top coin holders.
Southwest Airlines cuts flights and suspends its financial outlook as economic uncertainty weakens travel demand.
Apple and Meta fined nearly $800 million by the EU for breaking digital market rules under the Digital Markets Act.
Eli Lilly sues four companies for selling unapproved versions of its weight-loss drug tirzepatide, citing safety concerns and illegal practices.
Big Lots is reopening over 130 stores in May across 14 states after a major retail deal with Variety Wholesalers.
