News

Boeing has announced another round of layoffs, issuing notices to 396 employees in Washington state. Boeing layoffs, reported to the Washington Employment Security Department (ESD), will take effect on February 21, marking the employees' final pay period with the company. The affected workers are spread across several Boeing locations, including…

President-elect Donald Trump has clarified that he does not intend to remove Federal Reserve Chair Jerome Powell from his position. In a recent interview, Trump confirmed that he has no plans to ask Powell to resign or replace him, marking the first public backing of Powell since the presidential election. When asked directly about replacing Pow…

Stock futures showed little movement on Thursday evening as investors focused on the upcoming jobs report, which is expected to provide crucial insights into the U.S. labor market and influence the Federal Reserve's next steps on interest rates. Futures linked to the Dow Jones Industrial Average dipped by 21 points, or less than 0.1%. Meanwhile,…

Bristol to Become Key Hub for Pharmaceutical Manufacturing Eli Lilly and Company, a leading global pharmaceutical firm, has announced a $3 billion expansion at its recently acquired facility in Kenosha County. The development in the Village of Bristol is expected to create approximately 750 new jobs. Construction is scheduled to begin in 2025. …

As Donald Trump’s second administration begins to take shape, questions are being raised about the future of artificial intelligence (AI) in the United States. With plans to repeal Biden-era executive orders and a mix of regulatory and anti-regulatory voices within his inner circle, Trump’s stance on AI could reshape the industry’s trajectory. R…

Bitcoin Hits an all-time high of $100,000 on Wednesday, marking a historic milestone after President-elect Donald Trump announced his picks for key positions in his administration. Among these appointments is Paul Atkins, who is set to lead the Securities and Exchange Commission (SEC) and is widely regarded as an advocate for cryptocurrency. A P…

Elon Musk's, one of the wealthiest individuals in the world, recently faced a legal defeat regarding a massive $101 billion pay package. However, despite the setback, Musk’s position as a financial powerhouse remains unshaken, and there are numerous pathways for him to continue building his fortune. Court Ruling on Pay Package The Delaware Ch…

Tesla CEO Elon Musk suffered a legal setback on Monday when a Delaware judge upheld her earlier decision to void his controversial 2018 compensation package. The pay plan, valued at approximately $56 billion, was the largest ever awarded to a public company executive in U.S. history. Tesla announced plans to appeal the ruling, while Musk called the…

Stellantis, the parent company of brands like Chrysler, Jeep, Fiat, and Peugeot, announced on Sunday that its CEO Carlos Tavares has stepped down. The resignation comes in the wake of declining sales, internal criticism, and growing pressure from labor unions and dealers. The company cited differences between Tavares and the board of directors as t…

On Thanksgiving Day, President Joe Biden expressed gratitude for a smooth transition of power to President-elect Donald Trump’s administration. While speaking with reporters during a visit to a fire station in Nantucket, Massachusetts, where he celebrated the holiday with his family, Biden also urged Trump to reconsider plans for imposing steep tar…