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Hyunsoo Rim
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Teens aren’t getting summer jobs like they used to — this year could be worse than ever
Teen summer hiring in the US might hit its lowest level since federal tracking began, new report finds.
Kraft Heinz is bringing back the glass ketchup bottle as it leans on sauces for growth
The Pittsburgh-born sauce giant is turning 157 this year.
Google and Blackstone to create new AI cloud firm, sending neoclouds like Coreweave and Nebius lower
The new company will use Google’s custom AI chips to meet surging demand for computing capacity.
UnitedHealth falls after Berkshire dumps its stake while picking up Macy’s and Delta
Berkshire sold its roughly 5 million-share position less than a year after first buying into the health insurer.
Millennials may not have been the real job-hoppers after all
New BLS data shows late boomers had actually held more jobs by the same age.
Nvidia rises on report that the US has cleared H200 chip sales in China for 10 firms, Foxconn’s profit beat adds to the optimism
The AI chipmaker got a double boost from H200 export approvals and stronger-than-expected profit from its key server partner.
Fresh tomato prices surged 40% in April as supply shocks mount
Tariffs on Mexican tomatoes, crop damage, and higher fuel costs helped push prices to their highest level in over four decades.
EchoStar rises as FCC approves $40 billion wireless spectrum sale to SpaceX and AT&T
The company is selling $23 billion worth of spectrum to AT&T and $17 billion to Musk’s company.
eBay rejects Gamestop’s unsolicited $56 billion takeover bid, calls it “neither credible nor attractive”
The online marketplace called the offer “neither credible nor attractive.”
GitLab falls on workforce reduction plan tied to “agentic era”
The company said it plans a workforce reduction, though it did not specify how many jobs would be affected.
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