Business

161 stories

DOT Waives $11M Final Payment From Southwest

The U.S. Department of Transportation has agreed to waive the final $11 million installment of penalties owed by Southwest Airlines as part of a record $140 million civil penalty tied to the carrier’s operational...

Netflix to Acquire Warner Bros. and HBO Max

Netflix announced it has reached an agreement to buy Warner Bros. and the HBO Max streaming service from Warner Bros. Discovery, creating one of the largest combined streaming and studio companies. The transaction, the...

Shoppers Spend Nearly $12 Billion on Black Friday

Adobe Analytics reports U.S. online shoppers spent $11.8 billion on Black Friday, an increase of nearly 10% from last year. The rise came despite ongoing economic worries and higher prices, as many consumers clipped...

Polymarket: Betting on Nearly Anything

Overview Shayne Copeland launched Polymarket in 2020 when he was 21. The prediction market platform lets users stake real money on binary or multi‑outcome questions across politics, sports, culture and geopolitics....

Long‑shot Polymarket bettor wins $100,000 on pope

A Polymarket bettor who goes by the handle "Domer" says he profited $100,000 after betting on Robert Francis Prevost to become pope — a long shot that paid off when Prevost was elected and took the name Pope Leo XIV....

How a French 'Whale' Netted $80M Betting on Trump

Polymarket, a prediction market platform, made headlines after an anonymous bettor living in France placed enormous wagers on Donald Trump to win the 2024 presidential election. On 60 Minutes, Polymarket founder and CEO...

CD Maturing in 2026? Next Steps to Consider

If your certificate of deposit (CD) comes due in 2026, it’s smart to plan now. The Federal Reserve raised rates in 2022–2023 but cut them twice in fall 2025, and many CD yields have moved lower. If rates keep falling...