BUSINESS

Jan 09 2026BUSINESS

Celebrities Are Getting Paid Big Bucks in Ads

Big brands are spending a lot of money on celebrities for their ads. They are putting more cash into famous faces while making fewer commercials. This is what a new study found. The study looked at thousands of ads and payments made from 2019 to 2025. It showed that brands spent over $1 billion on

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Jan 09 2026BUSINESS

Plano: The Corporate Magnet of Texas

Plano, a city in Texas, has become a hotspot for big companies. It's like a magnet, pulling in businesses from all over. This trend started in the 1980s. Ross Perot chose Plano for his company, Electronic Data Systems. Since then, many others have followed. AT&T is the latest big name to join. They

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Jan 09 2026BUSINESS

Investment Shake-Up: A Billionaire's Big Bet on AI

A major investor has switched focus from a retail giant to an AI company. This investor is known for making smart calls in the market. They recently sold a big chunk of their shares in a well-known online store. At the same time, they bought a lot of shares in a data analytics firm. The online stor

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Jan 09 2026BUSINESS

Big Tech Gets a Break: EU's New Digital Rules Take a Gentle Approach

The European Union is set to introduce the Digital Networks Act, a new set of rules aimed at boosting competition and investment in digital infrastructure. This act is expected to be unveiled on January 20th. Interestingly, the act is not expected to impose strict regulations on major U. S. tech gia

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Jan 09 2026BUSINESS

GM's EV U-Turn: A $6 Billion Lesson

General Motors is facing a huge financial setback. They just announced a $6 billion loss. This is because they are slowing down their electric vehicle (EV) plans. It's not the first time they've taken a hit. Back in October, they already reported a $1. 6 billion loss for the same reason. This chang

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Jan 09 2026BUSINESS

Retail Bosses: Why Are They Leaving?

Running a retail company is tougher than ever. The job has changed a lot. It's not just about selling stuff anymore. Now, CEOs have to deal with data science, global politics, and sustainability. All while keeping the business running smoothly. The big changes started after the pandemic. In 2023, m

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Jan 09 2026BUSINESS

Trouble in the Jewelry World: Suppliers Left in the Lurch by Shopping Network

In a surprising turn of events, a well-known shopping network, ShopHQ, has left several jewelry suppliers in a tough spot. The network, owned by billionaire Manoj Bhargava, has been accused of not paying for goods sold on its platform. Samuel Behnam, a jeweler from Great Neck, Long Island, has been

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Jan 09 2026BUSINESS

Venezuela's Oil Revival: A Rocky Road Ahead

Venezuela's oil industry, once a global powerhouse, is now a shadow of its former self. The country sits on massive oil reserves, but getting that oil out of the ground and to market is a huge challenge. The U. S. government is pushing to revive Venezuela's oil production, but experts say it's not t

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Jan 08 2026BUSINESS

Used Cars: What to Expect in 2026?

Used cars are set to get a bit pricier in 2026, but not by much. This news comes from a well-known auto data company. They predict that the prices of used cars will go up by about 2% by the end of the year. This is a small increase compared to the big jumps seen during the pandemic. For the past tw

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Jan 08 2026BUSINESS

Why Are So Many Leaving California?

People aren't just leaving California. They're leaving in droves. Not just the rich, but everyday folks too. They're packing up their stuff and heading out. Where are they going? Mostly nearby states like Arizona, Nevada, Oregon, Washington, and Texas. U-Haul's data shows that more people are leavi

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