Company News

Citigroup’s decision follows similar actions taken by major companies including Meta, Goldman Sachs, and Target.

ExxonMobil expects its first lithium production in 2027. By 2030, it aims to produce enough to meet the manufacturing needs of well over a million EVs annually.

The banking sector is set to continue facing elevated expenses this year amid high compensation costs and technological investments.

The insurer said the rate increase is needed to prevent further depletion of capital that may affect its credit rating and harm mortgage customers.

Trump remains confident a deal can be made resulting in a U.S. buyer for the video-sharing platform.

Ninety percent of flowers purchased on Valentine’s Day are imported through Miami and shipped nationwide within hours.

The all-electric high-speed rail line is being built to carry passengers from Rancho Cucamonga to Las Vegas in approximately two hours and 10 minutes.

Egg prices hit an all-time high in January, federal officials have said.

The retailer seeks approval to shutter hundreds of underperforming stores across more than 40 states as part of bankruptcy restructuring.

The tech giant is following in the footsteps of companies including Amazon, Ford, and McDonald’s in scrapping its DEI initiatives.

The department store plans to shutter its Union Square location March 31 and lay off 164 employees.

The meeting took place amid U.S. scrutiny of Chinese artificial intelligence growth.

The pay rises will begin in March of this year, according to an internal memo.

Meta was sued by Trump after it suspended his accounts following the Jan. 6, 2021, breach of the U.S. Capitol.

Demand for Nvidia chips, used to power AI models from various companies, had propelled the company to one of the largest capitalizations in the world.

The White House says it will be on the Trump administration to implement the law that requires the app to be sold or banned.

Meta is overhauling its DEI initiatives, ending diversity-focused hiring and supplier programs, citing shifting legal and policy landscapes.

TikTok Inc. and President-elect Donald Trump are asking the nation’s highest court to prevent the law from taking effect.

CEO Mark Zuckerberg said that Meta will be working with President-elect Donald Trump.