Browsing: business news in the us

Pipeline operator ONEOK said on Sunday it would buy the remaining shares of peer EnLink Midstream, for $4.3 billion in an all-stock deal, boosting its presence…

The DOJ has proposed breaking up Google to curb the tech giants’ dominance in online search. In a court filing on Wednesday, the DOJ suggested that Google should be required to sell its Chrome web browser and end contracts that make its search engine the default choice on devices from companies like Apple and Samsung.

CrowdStrike boss apologises for global IT outage On Tuesday, cybersecurity company CrowdStrike faced intense scrutiny in a US congressional hearing over its role in the…

US to ban Chinese tech in cars The United States is moving to ban certain Chinese and Russian-made hardware and software from cars, trucks, and…

Nike CEO John Donahoe will step down next month, making way for company veteran Elliott Hill to take over leadership of the world’s largest sportswear…

Boeing offers staff 25% pay hike in bid to avoid strike Boeing is offering its workers a 25% pay raise over four years in an…

Amazon responsible for product recalls, says US US regulators have determined that Amazon is responsible for handling recalls of unsafe products sold on its platform…

Jeff Bezos to sell another $5bn of Amazon shares Amazon founder Jeff Bezos plans to sell another 25 million shares of the tech giant, valued…

Korean web comic giant set for $2.7bn market debut Webtoon Entertainment, the world’s largest webcomic platform, has pegged its market value at $2.67 billion (£2.11…

The city of San Francisco is facing a surge in tax disputes with companies following the approval of several new business tax measures by voters.…

After 20 years of providing discount shoppers with a treasure trove of bargains, Bargains in a Box is closing its doors for good. The retailer,…

Camino Brewing Company, a beloved craft brewery in San Jose, has announced its closure after six years of operation. The news came as a shock…

Shares in Donald Trump’s media firm have soared on their stock market debut in New York, leaving his majority holding worth almost $6bn (£4.8bn) on paper at one stage.

A former Boeing employee, known for raising his concerns regarding the company’s production standards, has been found dead in the US.

Jeff Bezos, the multi-billionaire and founder of Amazon, has continued to divest his shares in the company, bringing the total value of recent sales to over $4 billion (£3.2 billion). The tech giant, established by Bezos in 1994, confirmed that he has sold 24 million Amazon shares this month alone. Serving as the firm’s executive chair, Bezos had last offloaded Amazon shares in 2021.

The loss of nearly 2,000 jobs has been great for Microsoft’s share price, as details begin to come through about which teams are affected.

(Picture: Apple)

Apple has unveiled its Apple Watch Series 9 at its Wonderlust event, where the iPhone 15 series will also be launched.

The new device is powered by Apple Silicon, and boasts ‘all-day battery life’.

You can watch the launch as it happens below.

Top US senator calls for probe into Prime energy drink US Senator Chuck Schumer has called on regulators to investigate Prime energy drinks – promoted…

US moves to block Microsoft’s Activision takeover Regulators in the US have requested a judge blocks Microsoft from completing its $69bn purchase of Activision Blizzard…

George Soros gives empire to son Alex American billionaire philanthropist George Soros has announced that he has handed over the management of his $25 billion…

Top Twitter engineering boss quits just one day after chaotic DeSantis launch glitch An engineering boss at Twitter has announced his departure from the company…

Elon Musk documents subpoenaed in Jeffrey Epstein lawsuit Billionaire Elon Musk has been subpoenaed by the US Virgin Islands in a lawsuit against JP Morgan…

Elon Musk announces new CEO for Twitter | Tesla shares rise Billionaire Elon Musk has revealed that he has found a new chief executive to…

‘She will be starting in ~6 weeks!’ tweeted Twitter CEO Elon Musk.

Big Tech bosses told to protect public from AI risks Tech bosses, including Sundar Pichai of Google, Satya Nadella of Microsoft, and Sam Altman of…