Cisco to Cut Over 4,000 Jobs, Redirecting Investments Towards Artificial Intelligence
Company
Earnings Typo Error Sends Lyft Stock on Wild Ride, Questions Raised
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JetBlue Shares Soar After Carl Icahn Discloses Stake
"JetBlue Airways saw its shares surge by over 15% following the revelation that corporate titan Carl Icahn had acquired a nearly 10% stake in the airline, branding it as undervalued. The disclosure of Icahn's significant investment has stirred the market, coming at a crucial juncture for JetBlue as it endeavors to navigate post-pandemic recovery and the fallout from a thwarted merger with Spirit Airlines. -
Diamondback Energy's $26B Acquisition to Create a New Global Oil Giant Valued at over $50B
"Diamondback Energy, an American shale oil and gas producer, has announced a colossal acquisition that could give birth to a new global oil behemoth.
The Latest
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Microsoft Offers Up to 39 Weeks’ Pay and 5 Years of Healthcare in First-Ever Retirement Buyout Amid AI Expansion
Microsoft is offering eligible U.S. employees up to 39 weeks of pay, extended healthcare coverage and continued stock vesting under the company's first-ever Voluntary Retirement Program, as the tech giant accelerates its massive artificial intelligence expansion. 
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Delta Cuts Free Snacks on 450 Daily Flights Under 350 Miles, Sparking Passenger Backlash
Delta Air Lines is facing a wave of passenger backlash after confirming it will eliminate complimentary snacks and beverages on hundreds of short-haul flights across the United States, a move set to take effect May 19 and reshape the baseline expectations for economy travel. 
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Tesla, Disney Among 88 U.S. Corporations Paying $0 Federal Income Tax on $105 Billion Profit
A report by the Institute on Taxation and Economic Policy finds that 88 major U.S. corporations, including Tesla, Walt Disney and Citigroup, paid no federal income tax in 2025 despite generating more than $105 billion in U.S. profits, highlighting a widening gap between statutory tax rates and actual corporate payments. 
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Elon Musk’s Net Worth Swings $1 Billion for Every $1.93 Tesla Move as Stock Volatility Intensifies
Elon Musk's vast fortune-estimated at $785.5 billion by Forbes-has become increasingly sensitive to short-term movements in Tesla stock, with even modest price changes translating into billion-dollar swings, underscoring the concentration risk embedded in his holdings as the company approaches a critical earnings period. 
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From $500K Salary to $750M Stock Sale: How Tim Cook Built Billion-Dollar Wealth at Apple
Tim Cook is preparing to step down from Apple Inc. in September 2026 with an estimated net worth of roughly $2.9 billion, a figure that underscores how stock-based compensation-not salary-has defined executive wealth creation at the world's most valuable company. 
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U.S. Flight Chaos Deepens: 3,000 Delays, $11B Fuel Shock and TSA Staffing Crisis Force Airline Cuts
The U.S. aviation system is facing a convergence of operational and economic shocks, as more than 3,000 flight delays, a deepening staffing crisis at Transportation Security Administration, and a war-driven fuel spike combine to disrupt travel nationwide and force airlines to scale back schedules. 
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Disney to Cut 1,000 Jobs as CEO Josh D’Amaro Pushes ‘Agile Workforce’ Strategy Amid Industry Shakeup
The Walt Disney Company will cut roughly 1,000 jobs across its global operations as newly appointed CEO Josh D'Amaro moves to streamline the company and centralize its marketing functions, marking one of the first major restructuring efforts under his leadership. 
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Amazon Warehouse Death Sparks Outrage as Workers Claim They Were Told to ‘Keep Working’ Around Body
Amazon is facing renewed scrutiny over workplace conditions after an employee died at its PDX9 distribution center in Troutdale, Oregon, with workers alleging they were instructed to continue operations while the colleague lay unresponsive on the warehouse floor. 
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Disney Plans 1,000 Job Cuts as Marketing Division Bears Brunt of Restructuring
The Walt Disney Company is preparing to eliminate up to 1,000 jobs globally as part of a broader restructuring effort aimed at cutting costs and adapting to a rapidly shifting entertainment landscape, according to people familiar with the plans. The layoffs, expected in the coming weeks, will disproportionately affect the company's marketing operations, marking one of the first major moves under chief executive Josh D'Amaro. -
Barron Trump Enters Beverage Market With $1 Million Yerba Mate Startup, Faces Ethics Scrutiny
Barron Trump, the 19-year-old son of Donald Trump, is stepping into the consumer goods sector with a $1 million-backed beverage startup, Sollos Yerba Mate Inc., marking a new chapter in the Trump family's expanding business footprint. Corporate filings reviewed by regulators show the company has secured seven-figure funding and is preparing for a May 2026 launch targeting the fast-growing market for natural caffeine alternatives. 
