Business news
- Roomba's bankruptcy may wreck a lot more than one robot vacuum maker - Roomba's bankruptcy should serve as a warning sign to many small companies that big tech may not be able to come to the rescue, say M&A experts.
- Abel takes over for Buffett in less than two weeks. Wall Street has some advice for new Berkshire CEO - With Warren Buffett's planned departure as Berkshire Hathaway's CEO less than two weeks away, some on Wall Street have advice for incoming CEO Greg Abel.
- Lucid's big SUV arrives with high expectations, and big risks - Lucid Motors says its Gravity SUV will sell far better than its Air sedan. But Lucid is losing money, and the rollout has been challenging.
- Google was at risk of losing its dominance — until it promoted this AI executive - Josh Woodward, a 16-year Google veteran, is tasked with running the Gemini app and going head-to-head with OpenAI in the booming generative AI market.
- Nine of the largest pharma companies ink deals with Trump to lower drug prices - President Donald Trump has pushed to lower drug prices for Americans, which are on average nearly three times higher than overseas.
- Palo Alto Networks announces multibillion-dollar deal with Google Cloud - The agreement is an expansion of the companies' existing strategic partnership.
- Jeffrey Epstein: DOJ expects to release some—but not all—files Friday despite legal deadline - President Donald Trump signed the Epstein Files Transparency Act in November.
- Google's boomerang year: 20% of AI software engineers hired in 2025 were ex-employees - As competition heats up for AI talent, Google turned to hiring more so-called boomerang employees in 2025.
- November home sales struggle as supply stalls - Existing home sales edged slightly higher as prices continued to rise and supply dropped. The higher end of the market is performing better.
- Oracle stock jumps 5% as cloud provider joins investor group to run TikTok's U.S. business - The new joint venture will prevent TikTok from shutting down in the U.S. due to national security concerns.