After Amazon released its quarterly numbers, the stock fell sharply. Investors were shocked by a 10% drop after the earnings report, pushing the share price to around $197. Despite the decline, the company still posted a record fourth‑quarter revenue of $213. 4 billion, up 14% from last year.
Toyota announced that its quarterly earnings fell 43 percent, a sharp drop that reflects the pressure from higher material costs and U. S. tariffs on imported parts. The company also revealed that its long‑time finance chief, Kenta Kon, will step into the CEO and president roles in April. Kon
Pharmacy benefit managers, or PBMs, are the middlemen that decide which medicines people get at their local drugstore. In many states, just a handful of PBMs own the majority of prescription business. This means they have a lot of power over drug prices and what doctors can prescribe. The situation
The new Hudson River tunnel plan, worth about $16 billion, will pause at 5 p. m. ET on Friday because federal money has stayed frozen for four months, the Gateway Development Commission said. The project aims to fix an old rail tunnel built in 1910 that was badly damaged by Hurricane Sandy, and t
AT&T has introduced a new phone aimed at children but designed mainly to give parents more control over their kids’ digital habits. The device, called the amiGO Jr. Phone, was unveiled on Friday along with a matching smartwatch. The company says it will help families manage how children use smartpho
The U. S. Department of Homeland Security announced that it intends to remove a five‑year‑old boy from the country after he was held in Minnesota last month. The move has raised questions about whether the process is ordinary or accelerated, as a lawyer for the child claimed that the former admin
The governor of California is caught between two big fights. One side wants to keep every child and adult, no matter where they come from, covered by state health care. The other side worries that the budget is already tight and more spending could hurt the economy. Newsom promised a future where
The KTC 25‑inch portable monitor is a big, sturdy Android screen that can fit in the kitchen, office or kids’ room. It isn’t a high‑performance tablet, but its size and build quality make it useful for many everyday tasks. After unboxing I found the battery empty, so I plugged it in until it reac
Movies are still popular, but the way people see them is changing fast. Ticket sales in the U. S. grew only a little after the pandemic, and next year’s films may bring about nine billion dollars worldwide. Some big names like Disney, Warner Bros. and Paramount are investing more money to keep
In the early 2010s Epstein began investing in two major crypto ventures. He first backed Coinbase, a growing exchange that later reached a market cap of around $43 billion. His second investment went into Blockstream, a company that helped build infrastructure for Bitcoin. Brock Pierce is the man w
