Spirit Airlines CEO Dave Davis announces job cuts and a 25% schedule reduction as the bankrupt carrier seeks stability through cost-cutting, fleet downsizing, and union negotiations.
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“It was always about more than just ice cream; it was a way to spread love and invite others into the fight for equity, justice and a better world.”
The UK secures £150 billion ($193.5 billion) in U.S. investments during Trump’s state visit, boosting AI, cloud, life sciences, and digital infrastructure with 7,600 jobs.
Nvidia invests $5 billion in Intel for a 4% stake, forging a strategic partnership to develop PC and data center chips amid U.S.–China tensions.
The EB-5 visa program, offering U.S. residency through investment and job creation, faces longer wait times in 2025 as unreserved visas hit annual limits.
China’s ban on Nvidia’s AI chips underscores its push for semiconductor self-sufficiency, escalating U.S.-China tech rivalry while reshaping Nvidia’s business strategy in one of its biggest markets.
Workday will acquire AI firm Sana for $1.1 billion, enhancing its cloud-based HR platform with AI-powered dashboards, automation, and personalized tools for 75 million users.
Ticket reseller StubHub raised $800 million in its IPO at a $8.6 billion valuation, marking its long-awaited stock market debut on the NYSE.
Secretary of State Marco Rubio says visa cancellations are under way for foreigners celebrating Charlie Kirk’s assassination, calling them unwelcome in the U.S.
The U.S. travel restrictions under President Trump have upended the dreams of thousands of international students, leaving families in limbo and universities facing disrupted admissions.
Alphabet surged past a $3 trillion market cap after U.S. courts imposed softer-than-expected antitrust remedies, preserving Google’s dominance in search and digital advertising.
By aggressively boosting H-1B sponsorships in 2025, tech and financial giants signal foreign talent remains central to their future despite Trump’s restrictive stance.
In 2025, America cements its status as the global capital of billionaire wealth, with 902 ultra-rich shaping industries, philanthropy, politics, and public life.
President Trump’s new tariffs on India — starting with a 25% duty on Aug. 7 and followed by another 25% on Aug. 27 — are forcing small businesses to make tough choices, from scaling back operations to absorbing rising costs. The escalating U.S.–India tariffs have fueled uncertainty, rattled stock markets, and added fresh strain to the broader economy.
A resurfaced 2024 video of two Indian students arrested for shoplifting in New Jersey sparks fresh concerns over H-1B visa risks amid Trump administration’s strict immigration policies.
Hike, once India’s unicorn messaging app turned gaming startup, shuts down after 13 years, unable to withstand regulatory shocks from India’s real-money gaming ban.
U.S. Commerce Secretary Howard Lutnick warns India could lose American market access unless it buys U.S. corn, escalating tensions as sensitive trade talks restart.
The average U.S. 30-year mortgage rate fell to its lowest in nearly a year, reflecting Treasury yield declines and expectations of a Fed rate cut.
A U.S. defense delegation and Boeing executives will visit India to revive the delayed $4 billion P-8I aircraft deal, boosting defense ties and trade momentum.
Hyundai raid puts foreign investment at risk amid trump immigration crackdown. South Korean officials warn this could discourage corporate investments. Experts urge visa reforms
It looks like the Federal Trade Commission (FTC) is looking out for employees of the health sector with its new warnings to healthcare employers
Mira Murati’s Thinking Machines Lab debuts with a $2B-backed project tackling nondeterminism in AI, aiming to deliver reproducible responses and reshape reinforcement learning efficiency.
AI startup Perplexity hits a $20B valuation with $200M funding, rapid revenue growth, and new products, but faces mounting copyright lawsuits from major publishers.
Supporters mourn the conservative firebrand while critics highlight his controversial views; police continue search for suspect
A new survey released today suggests a deep divide in how Americans view foreign workers. More than half of U.S. citizens believe professionals are taking jobs away