Business
- Starbucks stock jumps as coffee chain's traffic grows for the first time in two years - Shares of Starbucks have fallen more than 3% over the last year.
- South Korea's SK Hynix to establish a special ‘AI Company’ in the U.S. - SK Hynix will set up a new U.S.-based company focused on artificial intelligence solutions, with $10 billion committed to the project.
- Jim Cramer names 3 stocks bearing the brunt of Trump’s agenda – and 2 others benefiting - President Donald Trump is a force to be reckoned with in the stock market — but whether he's helping or hurting companies depends on where they sit.
- Intel says it will match government's 'Trump Accounts' contribution to kids of employees - The 530A program, often called "Trump Accounts," passed last year as part of the administration's "big beautiful bill."
- GM expects to top Ford in U.S. vehicle production as it faces up to $4 billion in tariff costs - The 2026 tariff costs would be in line with the automaker's $3.1 billion in tariff costs last year, despite the levies not being in effect for all of 2025.
- GM tops earnings expectations, announces dividend increase and stock buyback program - GM recorded $7.2 billion in special charges for the fourth quarter of 2025, largely related to its pullback in electric vehicles and restructuring in China.
- Puma shares surge 20% after Anta Sports buys stake for $1.8 billion - Shares of Puma surged after China's Anta Sports said it would acquire a 29% stake in the German sportswear company for 1.5 billion euros.
- Big Tech’s AI data center push is spawning a new heat economy - AI’s energy problem may also be its solution, as cities are increasingly exploring opportunities to repurpose excess heat from data centers.
- Microsoft's plans for 15 more data centers win approval at former Wisconsin Foxconn site - Microsoft intends to expand in a place where it's been welcomed, months after backing down on a rezoning attempt in an adjacent village when residents objected.
- Nike to cut 775 employees as it accelerates 'automation' at U.S. distribution centers - Nike is cutting 775 employees, primarily from jobs at distribution centers in Tennessee and Mississippi.