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Business
Spotify now represents one-third of the music industry's total recorded revenue in 2025
Spotify announced Wednesday that the company now accounts for roughly one-third of the music industry’s recorded music revenue, further cementing its position as the world’s…
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US-South Korea trade tensions flare over treatment of American tech firms including Coupang
A growing dispute between Washington and Seoul over the treatment of American technology companies has escalated into a broader trade confrontation. A White House official…
Bank of America to match $1,000 government deposits for Trump accounts
Bank of America announced Wednesday that it will be contributing funds to the proposed "Trump accounts" for eligible employees. The bank said it will match the government’s…
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UPS to cut 30,000 more jobs amid turnaround plan
The United Parcel Service aims to cut up to 30,000 operational roles in 2026 as part of its transformation strategy, CFO Brian Dykes announced during the company’s quarterly…
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Bessent says Trump tax cuts could mean ‘substantial refunds’ for working Americans in 2026
Treasury Secretary Scott Bessent said Americans could see "substantial refunds" and bigger paychecks as President Donald Trump’s economic agenda begins delivering results in…
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McDonald’s doubles down on value: $5 meals, Snack Wrap revival fuel franchise rebound
After a year of sticker shock at the drive-thru, McDonald’s appears to be regaining favor with American consumers. By abandoning higher-priced menu experiments and returning…