Business- Page 3

ai-is-now-shaping-who-leads-america’s-biggest-companies

AI is now shaping who leads America’s biggest companies

Coca-Cola and Walmart exits suggest boards see the next phase of disruption as a leadership question Artificial intelligence is no longer just changing products, workflows and investment plans. It is now influencing who runs major corporations. Two high-profile U.S. chief executives have
March 26, 2026
toyota-expands-u.s.-plants-with-new-investment-push

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 a new 1 billion dollar investment split between two assembly plants, part of a wider plan to spend as much as 10
March 23, 2026
sofi-rejects-muddy-waters-claims-as-scrutiny-mounts

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 Muddy Waters Research, saying the report is inaccurate and misleading and indicating that legal action is under consideration. The public dispute has
March 18, 2026
honda-forecasts-first-annual-loss-since-1957-listing

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 to 2.5 trillion yen in restructuring charges tied to its electric-vehicle plans and additional write-downs in China as the global EV outlook
March 12, 2026
nscale-raises-$2b-as-ai-data-centers-surge

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 a Series C round that values the company at $14.6 billion, extending a fundraising streak that underscores how aggressively investors are financing
March 9, 2026
retailers-brace-for-tariff-shifts-as-policy-swings-return

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 in the tariff backdrop, a shift that has added fresh uncertainty to consumer spending expectations for the year. Recent earnings commentary from
March 4, 2026
block-cuts-4,000-jobs-as-ai-reshapes-workforce

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 workforce from roughly 10,000 employees by nearly half. Chief Executive Officer Jack Dorsey said the move reflects productivity improvements driven by artificial
February 27, 2026
spirit-airlines-set-to-exit-bankruptcy

Spirit Airlines Set to Exit Bankruptcy

Deal with creditors keeps carrier alive Spirit Airlines has reached an agreement with creditors that will allow the ultra-low-cost carrier to exit bankruptcy protection later this spring or early summer, preserving the airline as an independent company after years of financial turbulence.
February 24, 2026
amazon-overtakes-walmart-in-annual-sales

Amazon Overtakes Walmart in Annual Sales

A Historic Revenue Shift Amazon has officially surpassed Walmart in annual revenue, marking the first time the retail giant has lost its position as the world’s largest company by sales. For the fiscal year ending in January, Walmart reported revenue of $713.2
February 19, 2026
alibaba-launches-qwen3.5-ai-model

Alibaba launches Qwen3.5 AI model

Focus on performance and lower costs Alibaba on Monday introduced Qwen3.5, a new artificial intelligence model the company says can independently handle complex tasks while significantly reducing operational costs. The Chinese technology group claims the latest version delivers major efficiency gains, describing
February 16, 2026