Category: Business

A quiet transformation is happening inside America’s largest corporations. And actually, most people have no idea it is occurring.  The pension funds and 401(k) plans covering millions of American workers are increasingly being handed over to Wall Street’s elite firms to manage. Why? It’s like the companies sponsoring those plans no longer believe they can

Oracle’s annual filing cited AI adoption among the drivers of 21,000 job cuts in fiscal 2026. Snap cut 1,000 people and the CEO said rapid AI advances meant a smaller team could do the same work. At college graduation ceremonies this spring, speakers who brought up AI got booed. By May, Challenger, Gray and Christmas

A major pizza chain is preparing to close dozens of restaurants once again as its parent company works to eliminate underperforming locations following what executives describe as a “challenging period” for the business. The restructuring is part of a broader effort to improve the performance of its corporate-owned restaurants, with the first shutdowns expected to

Being the richest person in world history comes with its own headaches, and Elon Musk has a migraine-sized one when it comes to his legal battles. Tesla is being sued for autopilot crashes, for misleading statements about Robotaxi, and for alleged workplace discrimination. Musk himself was recently in court for his lawsuit against OpenAI, and

All Analyst Report Argus • Jul 09, 2026 The AES Corporation: High yield for a while Summary AES Corp., based in Arlington, Virginia, is an independent global power company. In addition, the company owns three regulated utilities in the U.S. It generates approximately 32,000 megawatts of electricity. AES has operations in 15 countries, including the

All Market Update Argus • Jul 08, 2026 Market Update: CMCSA, GAP Sector(s) Communication Services, Consumer Cyclical Summary The major stock indices are all lower at midday. Investors worldwide are reacting to developments in the war between the U.S. and Iran, with President Trump saying the ceasefire between the two countries is ‘over’ due to

Apple’s Tim Cook sounded the price increase alarm in June. “Unfortunately, price increases are unavoidable,” he told The Wall Street Journal. “We’re doing everything we can to mitigate the huge increases being passed on to us.” The problem is a global shortage of memory chips. These components, known as DRAM (memory) and NAND (storage), are

You’re buying a home and negotiating with the seller when you ask for some concessions. The seller agrees to use some of their cash to sweeten the deal. Now, it’s up to you to decide which concessions will give you the most value. Here’s what you need to know as you weigh your options. The

Anushka Mukherji Sat, July 4, 2026 at 11:00 AM EDT 4 min read Workplace with tablet pc showing latest news and a cup of coffee on a wooden work table by ra2 studio via Shutterstock Fresh off its public debut in April, defense technology company Aevex Corp. (AVEX) is suddenly stealing the spotlight on Wall

Quick Read The SuperTrend indicator has flashed a buy signal on XRP’s 4-hour chart for the first time since mid-June, and the last one preceded a 14.2% rally. Analyst EGRAG Crypto says XRP’s monthly RSI has entered the most oversold territory in the token’s history after breaking below 40. The same indicator’s April buy signal