Business

The Trump Media and Technology Group on Tuesday announced a $2.5 billion deal with institutional investors to create a bitcoin treasury.The company said in a release that the deal, which is expected to close by about Thursday, May 29, will feature a $1.5 billion stock issuance as well as $1 billion in convertible notes. The $2.5 billion deal is being carried out through a private placement offering and will finance the creation […]

Walt Disney World is offering families ways to beat the heat this summer with two new shows and limited-time offerings.The busy travel season when most kids are out of school brings some harsh weather for the central Florida parks, where the sweltering temperatures can take over early in the day, followed by complete washouts due to storms in the afternoons.In response, Disney has introduced "Cool Kid Summer." Each of the […]

McDonald’s spinoff CosMc’s is shuttering its five locations. The fast-food giant said Friday that the five stand-alone CosMc’s locations it operates will shut their doors starting in late June as part of the "next testing phase." "Building on the insights gained from the pilot standalone locations, CosMc’s-inspired flavors will be landing at McDonald’s as part of the upcoming US beverage test," McDonald’s also said. The announcement of the upcoming CosMc’s closures comes nearly a […]

President Donald Trump's threat to strip Harvard of billions in grants and give the money to trade schools is receiving praise from some trade enthusiasts who say it's time for the non-traditional college route to have its moment in the sun."Right now, homes in the United States are the most expensive they've ever been, and I can also personally attest to the fact that trade education and the skilled labor […]

(Reuters) - Circle Internet said on Tuesday it was targeting a valuation of up to $6.71 billion on a fully diluted basis in its New York initial public offering, as the stablecoin giant looks to tap into growing optimism around cryptocurrency.President Donald Trump's administration has embraced cryptocurrencies and pledged a more "rational" approach to digital asset regulations, encouraging companies from the industry to go public.New York-based Circle and some existing […]

Secretary of Transportation Sean Duffy said a key to alleviating the shortage of air traffic workers is offering retirees a bonus to incentivize them to stay in the workforce longer. In an interview with CBS News, Duffy said that it is going to take time to boost the air traffic controller workforce, but a key piece in doing so is keeping the more experienced controllers in the field longer."I think what […]

Certain flights headed to Colorado, Texas and California airports are experiencing delays due to unfavorable weather conditions on Memorial Day, according to the Federal Aviation Administration (FAA). As of 9 a.m. ET Monday morning, there is a Traffic Management Program in effect for planes arriving at Denver International Airport due to weather, causing some arriving flights to be delayed an average of 30 minutes, according to an update from the FAA's […]

As summer approaches and people ready themselves for vacations, getaways, barbecues and relaxing outdoors, suggested reading lists get released. Taking time away from work leaves enough time to dig into a new book. JPMorgan released its 26th annual summer reading list that features books covering a wide range of topics from life advice and memoirs to inspiration and art."Our 2025 Summer Reading List is a celebration of curiosity's boundless power," said […]

Elon Musk and Jeff Bezos, two of the world’s richest individuals, compete with each other in more ways than one.Musk’s SpaceX and Bezos’ Blue Origin might be their most well-known rivalry; however, it isn’t the only one the pair of billionaires have. Satellites and electric trucks are also areas of competition for them. Tesla, the electric vehicle (EV) maker that Musk has run for nearly 17 years, began selling its Cybertruck […]