Business

The SBA investigates contractors for allegedly using minority-owned businesses as fronts to secure no-bid federal contracts.

Cracker Barrel CEO Julie Felss Masino addresses the public reversal of the chain’s new logo, says the decision was strategic.

A majority of North Carolina voters say companies—not taxpayers—should cover the costs of expanded energy infrastructure required for data centers.

SoFi Technologies, a California-based financial tech company, has secured up to $2.4 million in taxpayer-funded incentives to expand operations into Charlotte, North Carolina.

Proxy advisory giant Institutional Shareholder Services (ISS) is recommending Tesla shareholders vote against CEO Elon Musk’s proposed $1 trillion pay package.

A major outage in Amazon Web Services (AWS) disrupted global internet infrastructure early Monday, affecting scores of popular websites, apps, and platforms used daily by millions.

Tesla’s Cybertruck, once promoted as an “apocalypse-proof” vehicle by CEO Elon Musk, is facing a severe decline in demand. According to data from Cox Automotive, Tesla sold just 5,400 Cybertrucks in the most recent quarter—a dramatic 62.6% drop from the same period last year.

The Dutch government has stepped in to take control of semiconductor firm Nexperia, citing “highly exceptional” risks to European economic security stemming from the company’s Chinese ownership and governance gaps. Nexperia, based in Nijmegen in the Netherlands, is owned by China’s Wingtech Technology.

JPMorgan Chase announced a $1.5 trillion initiative to "facilitate, finance and invest" in industries critical to the nation's "economic security and resiliency."

Costco’s gold bars were a surprise hit in 2024, flying off virtual shelves as Americans turned to hard assets in uncertain economic times.