Elon Musk, speaking to reporters in the Oval Office last week, said that some of the things he says “will be incorrect and should be corrected,” adding that DOGE would act quickly to fix errors.
The government’s representation comes in stark contrast to Musk’s public image as the power behind the newly formed Department of Government Efficiency.
Technology companies have grown more accustomed to regular job reductions after a massive wave of layoffs at the start of 2023.
The surveys were conducted before President Donald Trump announced tariffs on imports that risk disrupting supply chains for American producers.
Soft iPhone sales are becoming an increasing concern for investors, as artificial intelligence fails to act as a hoped-for growth catalyst.
Pills would be more convenient for patients and also easier to manufacture at large scale than other top weight-loss drugs, which require , CEO Dave Ricks said.
The U.S. economy in December added the most jobs since March, capping a surprisingly strong year and supporting the case for a pause in Federal Reserve interest-rate cuts.
Mexico City-based carrier Aeromexico was the most on-time airline in 2024—with 86.7% of flights arriving on time.
Mainstream players such as Visa and PayPal are making investments in projects involving stablecoins, a different type of cryptocurrency whose price is never meant to rise or fall.
The FDA had previously said Lilly’s drugs were out of shortage and that making copies must cease in October. Compounders sued, causing the FDA to pause enforcement while it reevaluated its decision.
Analysts and investors are betting that further market-share gains and contributions from Walmart’s higher-margin ancillary businesses will extend the stock’s rally.
The 159-page Senate report says Amazon’s policies, including productivity targets, risk worker injury owing to exhaustion and repetitive stress.
But paid parental leave remains rare in the U.S., with only 40% of employers surveyed by the Society for Human Resource Management offering it this year.
The energy parks would provide a much-needed reliable source of power as aging U.S. grids struggle to meet demand from artificial intelligence and electrification of homes, vehicles and factories.
Nippon Steel is seeking to allay concerns over job security at plants that use traditional blast-furnace production from iron ore as part of its pending $14.1 billion takeover of U.S. Steel.
Kroger is waiting for a federal judge to rule on its proposed acquisition of Albertsons for about $24.6 billion, a deal it announced more than two years ago.
The U.S. has seen a slowness in debuts over the past three years despite a strong backdrop for IPOs, with major stock indexes trading near record highs.
Eli Lilly and Co. plans to set up a $31 million digital health innovation hub in Singapore, expanding its research and development in the city-state.
The two health insurance giants, with a combined market value of roughly $125 billion, held talks about a deal last year.
The upbeat picture also reflected Americans’ forecasts for slower inflation. Consumers expect prices will climb 2.6% over the next year, the lowest since 2020.
