Rep. Jason Smith, R-Mo., speaks during a House Oversight and Accountability Committee impeachment inquiry hearing into U.S. President Joe Biden on Sept. 28, 2023. Jonathan Ernst | Reuters House Republicans have advanced trillions of tax breaks as part of President Donald Trump’s economic package. After debating the legislation overnight, the House Ways and Means Committee,…
U.S. President Donald Trump meets with Syrian President Ahmed al-Sharaa in Riyadh, Saudi Arabia, in this handout released on May 14, 2025. Saudi Press Agency | Via Reuters U.S. President Donald Trump met with Syrian leader Ahmed al-Sharaa in Saudi Arabia before heading to Qatar on Wednesday, the White House said, one day after Washington…
Databricks co-founder and CEO Ali Ghodsi. Databricks Data analytics startup Databricks said Wednesday that it’s buying Neon, a cloud-based database software vendor, for about $1 billion. It’s the latest big deal for Databricks, which bought artificial intelligence model training startup MosaicML for $1.3 billion in 2023 and paid over $1 billion last year for data…
Dana Walden, co-chair of Disney Entertainment, laid out the media company’s business strategy in a Tuesday interview with CNBC’s Jim Cramer. She highlighted how Disney bundles streaming services in connection with leveraging its linear television arm. “We look at our linear channels, our core linear channels — FX, Disney Channel, Nat Geo and ABC —…
A file photo of Hiroki Totoki, Sony Group Corporation executive, delivering a keynote address at CES 2025 in Las Vegas, on January 6, 2025. Artur Widak | Nurphoto | Getty Images Sony Group shares rose about 2% Wednesday in volatile trading after the Japanese conglomerate announced a 250 billion yen ($1.7 billion) share buyback and…
A sign that reads “Epic Intergalactic Headquarters” on campus. Epic Systems CureIS Healthcare, a managed care services company, filed a civil lawsuit against Epic Systems on Monday night, alleging the electronic health record, or EHR, giant has carried out a “multi-prong scheme to destroy” CureIS’ business. CureIS offers technology and managed services for government programs,…
A Samsung Group flag flutters in front of the company’s Seocho building in Seoul. Sopa Images | Lightrocket | Getty Images Samsung Electronics on Wednesday announced that it would acquire all shares of German-based FläktGroup, a leading heating and cooling solutions provider, for 1.5 billion euros ($1.68 billion) from European investment firm Triton. Samsung said…
Klay Thompson #31 of the Dallas Mavericks handles the ball during the game against the Memphis Grizzlies during the 2025 SoFi Play-In Tournament on April 18, 2025 at FedExForum in Memphis, Tennessee. Joe Murphy | National Basketball Association | Getty Images Chime Financial paid the NBA’s Dallas Mavericks roughly $33 million over three years to…
Airbnb co-founder and CEO Brian Chesky speaks about Airbnb Experiences and the launch of Airbnb Services during the Airbnb Summer Release keynote in Los Angeles, California, on May 13, 2025. Patrick T. Fallon | AFP | Getty Images Airbnb launched a redesigned app on Tuesday to showcase the company’s push to let travelers book services,…
Pavlo Gonchar | Sopa Images | Lightrocket | Getty Images Financial technology company Chime on Tuesday filed paperwork to go public on the Nasdaq. The company intends to file under the ticker symbol “CHYM.” “Chime is a technology company, not a bank,” the company said in its prospectus, noting it’s not a member of the…
