NYTIMES (Lauren Hirsch and David McCabe) - Justice Dept. Investigates Nvidia Deal With Groq
The Justice Department is examining whether the tech giant sought to sidestep antitrust scrutiny.
The Justice Department is examining whether the tech giant sought to sidestep antitrust scrutiny.
California AG Rob Bonta leads a push to block a potential merger between Paramount and Warner Bros. Discovery. Charlie Gasparino analyzes the regulatory battle, while actor Mark Ruffalo urges officials to stop the deal.
Layoffs in the United States hit a four-year low in August, according to new data.
Layoffs in the U.S. have dropped to their lowest level since 2022, but hiring remains sluggish, raising concerns about economic momentum. PULSE POINTS WHAT HAPPENED: Layoffs in the United States hit a four-year low in August, according to new data . DETAIL: Layoffs across the U.S. in August fell to their lowest level in four years, according to a report by Challenger, Gray & Christmas, with employers announcing 52,881 job cuts, a 38 percent decrease compared to the same month in 2025. However, despite this positive trend, hiring activity has not kept pace, raising questions about the broader health of the labor market. The consumer products industry led August’s job cuts with over 10,000 layoffs, followed by the food and technology…Open
Tom Cruise threw his public support behind the Warner Bros.-Paramount merger this week, telling a national audience the combined studio will deliver 30 theatrical releases a year, a pledge he says could restore Hollywood's golden-age volume. Cruise made the case during an interview on The Pat McAfee Show, framing the merger not as a corporate […] The post Tom Cruise backs Warner Bros.-Paramount merger, vouches for 30 theatrical films a year appeared first on American Almanac .
Tom Cruise threw his public support behind the Warner Bros.-Paramount merger this week, telling a national audience the combined studio will deliver 30 theatrical releases a year, a pledge he says could restore Hollywood's golden-age volume. Cruise made the case during an interview on The Pat McAfee Show, framing the merger not as a corporate transaction but as a lifeline for filmmakers, writers, and producers who need a pipeline of projects to build careers. The actor, whose long partnership with Paramount produced Top Gun: Maverick, said he personally believes the 30-film target is achievable, and suggested it could climb to 40. The endorsement matters because Cruise remains one of the few actors whose name alone can open a film in…Open
The decision is part of a massive restructuring aimed at trimming management layers and reallocating spending into its ride-sharing, delivery and robotaxi businesses.
SEC Chairman Paul Atkins details what he calls the agency’s most historic step yet on crypto regulation and expresses hope that the CLARITY Act will reach President Trump’s desk. #foxbusiness #fox #paulatkins #sec #crypto #clarityact #digitalassets #technology #finance #businessnews #economy #regulation #usnews #breakingnews
Data: Financial Modeling Prep; Chart: Erin Davis/Axios Visuals Apple CEO Tim Cook hands the reins over to John Ternus Tuesday, stepping down after 15 years of running the company. Why it matters: He had an epic run. By the numbers: When Cook took over in August 2011, Apple's stock was trading at $13.35. It closed at $316.61 on Monday. Zoom in: That 2,272% gain easily outpaced the growth of the major stock indexes. - The company's market cap — the value of all its outstanding shares — is now $4.7 trillion, up from $347 billion in 2011. - Stunning stat: Under Cook, Apple's market cap grew by $32 million an hour for 15 years, Bank of America calculated last month. The big picture: Cook's big innovation was taking the company from its…
Rep. Beth Van Duyne, R-Texas, discusses how President Donald Trump’s Venezuela oil deal benefits Texas refineries and its impact on Canada on ‘The Evening Edit.’ #fox #foxbusiness #media #breakingnews #us #usa #new #news #breaking #theeveningedit #donaldtrump #trump #bethvanduyne #vanduyne #venezuela #texas #canada #oil #energy #oilindustry #oilrefineries #refineries #usenergy #energyproduction #economy #trade #business #politics #political #politicalnews #government
Slok published his analysis August 15 Slok estimated that tariff refunds would contribute roughly 0.2 percentage points to that growth rate — meaning the refunds alone account for roughly 4.7% of the projected increase.
Employment in office and administrative support jobs is expected to drop more than any other occupational group.