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Business

Firefly Aerospace's Alpha Rocket Encounters Mishap During Lockheed Satellite Launch

Firefly Aerospace's Alpha rocket faced a mishap during the launch of Lockheed Martin's satellite, leading to a lower orbit than planned. An investigation is underway to determine t...

Business

Wells Fargo Unveils Massive $40 Billion Stock Buyback Program and Announces Dividend

Wells Fargo announces a $40 billion stock repurchase program and a $0.40 per share quarterly dividend, emphasizing strategic growth and shareholder returns.

Business

Amazon Reverses Decision: No Trump-Era Tariff Costs on Product Listings

Amazon has decided against displaying Trump-era tariff costs on its product listings, following White House criticism. The company clarified that the proposal was never approved.

Business

Chinese Ambassador Assures India: No Market Dumping Amid US Trade War Tensions

Chinese envoy Xu Feihong reassures India that China will not engage in market dumping amid the US trade war, emphasizing fair trade practices and a focus on domestic demand. Despit...

Business

Amazon Clarifies No Tariff Display Plans on Main Site Following White House Criticism

Amazon denies plans to show import tariffs on its main site after White House backlash, clarifying that only Amazon Haul considered such displays. Shares dipped slightly following ...

Business

Meta Unveils Revolutionary AI Assistant: A Leap Forward with Llama 4 Technology

Meta Platforms Inc. has launched its first personalized AI assistant using the advanced Llama 4 model, showcasing a major advancement in AI technology and user experience.

Business

PayPal Reports Solid Q1 Growth with a 1% Revenue Increase to $7.8 Billion

PayPal Holdings, Inc. reported a 1% increase in net revenue to $7.8 billion in Q1 2025, with operating income up 31% and GAAP EPS surging 56%. The company's total payment volume gr...

Business

Amazon to Reveal Tariff Costs on Products: A Move Towards Transparency Under Trump's Policies

Amazon is introducing a feature to show the breakdown of product prices, including the impact of Trump's tariffs, aiming for greater transparency. This comes as the company reviews...