Elon Musk’s SpaceX acquires xAI

SpaceX on Monday acquired xAI, the artificial intelligence startup that also owns the X social media platform, in a deal ...

Amazon slashes another 16,000 jobs

Amazon said Wednesday it was slashing another 16,000 jobs across the company in an ongoing bid to restructure the sprawling ...

Trump sues JPMorgan Chase and CEO Jamie Dimon for $5B over alleged ‘debanking’

President Donald Trump on Thursday filed a $5 billion lawsuit against JPMorgan Chase and its CEO Jamie Dimon, claiming that ...

Valentino, founder of Italian luxury empire, dies at 93

ROME — Italian fashion designer Valentino Garavani has died, his foundation said Monday. Usually known only by his first name, ...

Saks files for bankruptcy as luxury market struggles

The company that owns the iconic luxury retailer Saks Fifth Avenue filed for bankruptcy late Tuesday. The move comes after ...

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