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Business

Duke Energy Plans Utility Merger to Save Over $1B

Duke Energy Corp. has proposed merging its North and South Carolina electric utilities into a single entity, promising more than…

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Toyota expands U.S. plants with new investment push

Automaker ties factory spending to long-term local production strategy Toyota is increasing its manufacturing commitment in the United States with…

Business
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SoFi Rejects Muddy Waters Claims as Scrutiny Mounts

Company disputes report and signals possible legal response SoFi Technologies has moved quickly to reject allegations made by short seller…

Business
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Honda Forecasts First Annual Loss Since 1957 Listing

Honda said Thursday it expects its first annual loss in almost seven decades as a listed company, warning of up…

Business
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Nscale Raises $2B as AI Data Centers Surge

Series C values the startup at $14.6 billion AI data center startup Nscale said Monday it raised $2 billion in…

Business
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Retailers brace for tariff shifts as policy swings return

Supreme Court ruling and new levy reset planning assumptions U.S. retailers are reassessing pricing, sourcing, and forecasts after another change…

Business
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Block Cuts 4,000 Jobs as AI Reshapes Workforce

Major Workforce Reduction Tied to AI Gains Financial technology firm Block has confirmed plans to eliminate 4,000 positions, reducing its…

Business