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JPMorgan Chase CEO Jamie Dimon says DOGE ‘needs to be done’ to fix government inefficiency

JPMorgan Chase CEO Jamie Dimon on Monday said the U.S. government is inefficient and in need of work as the Trump administration terminates thousands of federal employees…
Investing

How digitally native companies like Rothy’s are growing profitably in a new era for retail

Direct-to-consumer footwear brand Rothy’s just recorded its best year on record after the company appointed retail veteran Jenny Ming, one of the co-founders…
Investing

Robinhood app says SEC dismissed crypto investigation in sign of easier industry regulation

The Securities and Exchange Commission is dropping its investigation into Robinhood’s crypto arm, the company revealed Monday. Robinhood said it received a letter…
Investing

Apple boosts U.S. investment plans with $500 billion pledge amid Trump tariff threat

Apple on Monday reaffirmed a commitment to invest hundreds of billions of dollars in the U.S. over the coming years amid pressure…
Investing

Starbucks to lay off 1,100 corporate workers as sales sag

Starbucks will lay off 1,100 corporate employees and will not fill several hundred other open positions, the coffee chain’s CEO Brian Niccol said…
Investing

IMAX CEO expects $1.2 billion in box office receipts this year, the best in the company’s history

An “embarrassment of riches” at the box office could fuel a $1.2 billion year for IMAX, CEO Rich Gelfond told CNBC on Friday….
Investing

Amazon surpasses Walmart in revenue for the first time

Amazon has dethroned Walmart in quarterly revenue for the first time ever. Amazon said earlier this month that it brought in $187.8 billion in revenue during the…
Investing

CEOs want workers back in offices—this company is giving workers a $10,000 raise to do it

Cameo wants workers back in the office more often, and it’s paying them each $10,000 to show up. Starting this week, workers…
Investing

Hasbro says it’s taking steps to offset China tariff effects

Toy and gaming giant Hasbro took an optimistic tone Thursday on the potential effect of Chinese tariffs on its business, as executives said the…
Investing

SEC dropping crypto lawsuit, Coinbase says

The largest U.S.-based cryptocurrency exchange said Friday that the Securities and Exchange Commission would drop its lawsuit against it, a signal that…
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