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Digital health companies got pummeled by Wall Street in 2024 as industry adapts to post-Covid slowdown

If the Covid era marked a boom time for digital health companies, 2024 was the reckoning. In a year that saw the…
Investing

Nordstrom to go private in $6.25 billion deal with founding family, Mexican retailer

Nordstrom on Monday announced it will become a private company after it agreed to a buyout deal valued at roughly $6.25 billion from Nordstrom’s founding family…
Investing

Nissan could face cost-cutting ‘carnage’ in Honda merger, Carlos Ghosn says

Nissan will be the victim of cost-cutting “carnage” if it combines forces with Japanese peer Honda, former Nissan CEO Carlos Ghosn told CNBC on…
Investing

IRS plans to pay 1 million taxpayers up to $1,400. Here’s how to check if you’re eligible.

The IRS plans to issue automatic “special payments” of up to $1,400 to 1 million taxpayers starting later this month, the agency announced last…
Investing

Consumer protection board sues Walmart and fintech firm over gig-worker driver pay access

The Consumer Financial Protection Bureau is suing Walmart and a financial technology firm, alleging they illegally forced drivers into using costly deposit…
Investing

Lego is reinventing its iconic brick sets and keeping the toy industry afloat

The toy industry is headed for its second consecutive annual sales decline, but it’s got one thing propping it up: colorful, interlocking…
Investing

Honda and Nissan officially begin merger talks to create world’s third-largest automaker

Japanese automakers Nissan and Honda on Monday announced they had entered into official talks to merge and create the world’s third-largest automaker by sales. In a news conference…
Investing

Netflix secures U.S. rights to the FIFA Women’s World Cup in 2027, 2031

Netflix on Friday announced it has secured exclusive rights in the U.S. to the FIFA Women’s World Cup in 2027 and 2031. The announcement comes…
Investing

Trump transfers all his DJT shares to his revocable trust, SEC filings show

President-elect Donald Trump this week transferred his entire stake of shares in Trump Media to a revocable trust of which he is the sole beneficiary, regulatory filings revealed Thursday evening….
Investing

OpenAI is done with Shipmas and staring down daunting challenges for 2025

OpenAI’s “12 Days of Shipmas,” which wrapped up on Friday, brought a sense of levity to end the year. The marketing blitz…
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