Business News

Why MacKenzie Scott’s Philanthropy Leaves Recipients Stunned
When Native Forward’s Angelique Albert first received an email with the subject line “Confidential,” she couldn’t believe it. MacKenzie Scott had just given her nonprofit $20 million—completely unsolicited. Three...
Uber Buys Parking App for When You Don’t Want an Uber
Uber wants to pick up customers even when they’re behind the wheel. The company announced it’s acquiring parking app SpotHero for an undisclosed sum. SpotHero offers parking reservations at...
Supreme Court Strikes Down Trump Tariffs in 6-3 Ruling
The Supreme Court ruled Friday that President Trump exceeded his authority by imposing tariffs without Congress. In a 6-3 ruling, the court found that the International Emergency Economic Powers...
Amazon Dethrones Walmart as Largest U.S. Retailer
There’s a new king in town. Amazon has dethroned the previous retail ruler Walmart, ending a 13-year reign. The online giant posted $717 billion in sales in 2025 compared...
Judge Bans Meta Ray-Bans at Zuckerberg Instagram Trial
Mark Zuckerberg walked into court to defend Instagram from accusations it addicts children. But it was his entourage that drew the attention of the judge. At least two people...
Grandson of Reese’s Inventor Says the Candy Is Now ‘Not Edible’
Brad Reese used to eat a Reese’s product every day. Not anymore. The 70-year-old grandson of Reese’s Peanut Butter Cups inventor H.B. Reese wrote a scathing open letter to...
eBay Buys Depop for $1.2B to Attract Gen Z Shoppers
eBay has a Gen Z problem, and the only prescription is more Depop. The 30-year-old company is buying the popular resale clothing app from Etsy for $1.2 billion to...
Valentine’s Day Spending Drops 44% This Year
Romance is in the air, but Americans are slashing Valentine’s Day spending by 44% in 2026. The average person plans to spend $87 on their partner, down from $155...
Anthropic Raises $30B at $380B Valuation
The AI funding race just hit a new milestone. Anthropic closed a $30 billion funding round at a $380 billion valuation, which is more than double what it was...
The Ultra-Rich Are Turning Homes Into Fortresses
Security is the new obsession for the ultra-wealthy, according to the Wall Street Journal. A Scottsdale mansion on the market for $15 million features 32 AI-powered cameras, a 100-foot...