• CrowdStrike Defeats Lawsuit Over Major Outage
  
  A federal judge dismissed a lawsuit by CrowdStrike shareholders who said the cybersecurity company defrauded them by concealing its inadequate software testing and quality assurance procedures, before a July 2024 outage crashed more than 8 million Microsoft Windows-based...
• Free Starlink Service Helps Iran Protesters Bypass Blackout
  
  Iranian demonstrators' ability to get details of bloody nationwide protests out to the world has been given a strong boost, with SpaceX's Starlink satellite internet service dropping its fees to allow more people to circumvent the Tehran government's strongest attempt ever...
• JPMorgan Profits Rise 9% in Q4 Excluding Apple Hit
  
  JPMorgan Chase said Tuesday that its fourth-quarter profits rose 9% on an adjusted basis, as the bank continues to benefit broadly from a strong economy in both its consumer and investment banking divisions.
• Wells Fargo Profit Climbs on Interest Income Boost
  
  Wells Fargo's profit rose in the fourth quarter as it earned more from interest payments.
• Bank of America Profit Climbs as Trading Surges
  
  Bank of America's profit rose, as its traders brought in more revenue from spurred client activity in the fourth quarter due to increased volatility in the markets.
• Saks Global Files for Bankruptcy as it Prepares to Restructure
  
  Luxury retailer Saks Global has filed for bankruptcy, preparing to reposition itself in the increasingly competitive upscale market after obtaining about $1.75 billion in financing commitments.
• Netflix Prepares All-Cash Offer for Warner Brothers
  
  Netflix is reworking the terms of its proposed acquisition of Warner Bros. Discovery and has discussed switching to an all-cash offer for the company's studio and streaming assets, as it seeks to push the deal past mounting political and competitive resistance, Bloomberg...
• Panama Court Ruling on Canal Ports Looms as US-China Tensions Rise
  
  A ruling expected soon from Panama's Supreme Court could determine who controls two major ports at either end of the Panama Canal, a decision carrying significant implications for U.S.-China competition and American strategic interests in the region.
• Saks CEO Richard Baker Leaving After Just Two Weeks
  
  Luxury retailer Saks Global's CEO Richard Baker is departing less than two weeks after taking over the top job, Bloomberg News reported Tuesday.
• Trump Touts Manufacturing on Michigan Ford Factory Tour
  
  President Donald Trump toured an assembly line making Ford F-150 pickups on Tuesday, part of a Michigan trip meant to promote his efforts to boost U.S. manufacturing and counter fears about a weakening job market...
• Bargain Grocer Aldi Seizes the Moment and Expands
  
  The discount grocery chain Aldi is expanding rapidly and plans to open more than 180 U.S. stores this year as more Americans skip nights out at restaurants and cook at home due to anxiety over the nation's economy.
• Pentagon to Invest $1B in L3Harris Rocket Motor Business, Shares Surge
  
  The U.S. government will invest $1 billion in L3Harris Technologies' growing rocket motor business, guaranteeing a steady supply of the much-needed motors used in a wide range of missiles such as Tomahawks and Patriot interceptors.Shares were up 11.4% in pre-market trading...
• Trump to Visit Ford Factory, Promote Manufacturing in Detroit
  
  President Donald Trump will travel to Michigan on Tuesday to promote his efforts to boost U.S. manufacturing, trying to counter fears about a weakening job market and worries that still-rising prices are taking a toll on Americans' pocketbooks.
• Hegseth Tells Lockheed Martin It's Time to Step Up
  
  Secretary of War Pete Hegseth told employees of Lockheed Martin on Monday that it's time to "step up" at a visit of the company's jet production plant in Fort Worth, Texas.
• Citigroup to Cut 1,000 Jobs This Week
  
  Citigroup is preparing to cut about 1,000 jobs this week, the latest step in Chief Executive Jane Fraser's multiyear effort to slim down the sprawling Wall Street bank, rein in costs and improve returns after years of underperformance, Bloomberg reports.
• Meta to Lay Off 10% of Reality Labs Workforce
  
  Meta is preparing another round of job cuts - this time aimed squarely at the division that once embodied Chief Executive Mark Zuckerberg's boldest bet on the future of the internet.
• Apple Turns to Gemini AI to Power Siri, AI Products
  
  Apple is turning to Google's Gemini artificial intelligence models to power the next generation of Siri and other AI-driven features across its products, marking a major shift for the iPhone maker as it ramps up its long-awaited push into generative AI, CNBC reports.
• Paramount Sues Warner Over Netflix Bid
  
  Paramount is escalating its high-stakes bid for Warner Bros. Discovery, taking the fight from the boardroom to the courtroom as millions of Americans watch closely-many of them subscribers to both Netflix and Warner-owned platforms, The Hollywood Reporter reports.
• Mattel Unveils First Autistic Barbie
  
  Mattel Inc. on Monday is rolling out its first Barbie designed to represent autism, the latest addition to the company's Barbie Fashionistas lineup aimed at showcasing a wider range of abilities, appearances, and medical conditions.
• Fmr Trump Adviser Dina Powell McCormick Joins Meta as President, Vice Chairman
  
  Meta Platforms on Monday named Dina Powell McCormick as its president and vice chairman, weeks after the former top adviser to President Donald Trump resigned from the social media company's board.
• Apple Rules Smartphones With 20% Global Market Share
  
  Global smartphone shipments rose 2% year-on-year in 2025, lifted by stronger demand and economic momentum in emerging markets, Counterpoint Research said Monday.
• Walmart, Wayfair Bring Shopping to Google's Gemini AI
  
  Google said Sunday that it is expanding the shopping features in its AI chatbot by teaming up with Walmart, Shopify, Wayfair and other big retailers to turn the Gemini app into a virtual merchant as well as an assistant.
• Report: UnitedHealth Used Aggressive Tactics to Boost Medicare Payments
  
  Health insurer UnitedHealth Group used aggressive tactics to gather diagnoses that can boost Medicare Advantage payments, the Wall Street Journal reported on Monday, citing a U.S. Senate committee investigating the company's practices.
• Trump Warns Credit Card Firms Over Jan. 20 Rate Cap
  
  President Donald Trump said Sunday that credit card companies would be in violation of the law if they fail to meet his Jan. 20 demand for a 10% interest rate cap, despite legal experts saying such a move would require new legislation from Congress.
• Nikki Glaser Takes Swings at CBS in Golden Globes Monologue
  
  Nikki Glaser went hard then eased up in her monologue to open Sunday's Golden Globes. In her earliest jokes she suggested stars in the room might be in the Epstein Files and took a shot at CBS, the network airing the show.

More Companies Stories