• JPMorgan CEO Jamie Dimon Wants 5 More Years in the Job
  
  JPMorgan CEO Jamie Dimon wants to stay at his job "at least" five more years, he told an event hosted by the U.S. Chamber of Commerce Thursday.
• To Survive, Saks Must Court the Less Well-Heeled
  
  Saks Global, the iconic and now-bankrupt luxury retailer, may have to broaden its consumer base if it wants to survive in the increasingly fickle luxury retail world.
• Goldman Sachs, Morgan Stanley See Double-Digit Profit Increases
  
  A surging stock market and a flurry of deal making padded the profits of Wall Street's two big investment banks, which both saw a double-digit jump in profits in the fourth quarter.
• Ford, BYD in Talks for Hybrid Vehicle Battery Deal
  
  Ford is in discussions with BYD to purchase batteries for its hybrid models, The Wall Street Journal reported Thursday, at a time when the Detroit automaker deals with waning demand for electric vehicles.
• Report: Verizon Outage Wasn't Caused by Cyberattack
  
  The hourslong Verizon outage that affected thousands of customers does not appear to be the result of a cyberattack but instead an internal network issue tied to servers in New Jersey.
• Melania Trump to Speak at Zoom's AI Event
  
  First lady Melania Trump will deliver opening remarks Friday at "Zoom Ahead: AI for Tomorrow's Leaders," a national student learning experience aimed at helping K-12 students understand how artificial intelligence can be used responsibly, creatively, and confidently.
• Wikipedia Inks AI Deals With Microsoft, Meta & Perplexity
  
  Wikipedia unveiled new business deals with a slew of artificial intelligence companies Thursday as it marked its 25th anniversary.
• Beyond Meat Rolls Out New Protein Drink
  
  Beyond Meat is moving beyond plant-based chicken and burgers and into the beverage market.
• TSMC to Expand Investment as Profit Jumps 35%
  
  Taiwan-based TSMC, the world's largest computer chipmaker, plans to increase its capital spending by as much as nearly 40% this year after it reported a 35% jump in its net profit for the latest quarter thanks to the boom in artificial intelligence, the company said...
• Wrongful Death Suit Filed in Tesla Autopilot Crash
  
  The family of a Washington state motorcyclist killed in a 2024 crash involving a Tesla with Autopilot engaged filed a wrongful-death lawsuit this month against Tesla Inc., accusing the electric vehicle maker of knowingly selling dangerous technology.
• Verizon's Network Down for Thousands in US
  
  Verizon Communications' network was down for thousands of users in the U.S. Wednesday, according to outage tracking website Downdetector.com.
• CrowdStrike Defeats Lawsuit Over Major Outage
  
  A federal judge dismissed a lawsuit by CrowdStrike shareholders who said the cybersecurity company defrauded them by concealing its inadequate software testing and quality assurance procedures, before a July 2024 outage crashed more than 8 million Microsoft Windows-based...
• Free Starlink Service Helps Iran Protesters Bypass Blackout
  
  Iranian demonstrators' ability to get details of bloody nationwide protests out to the world has been given a strong boost, with SpaceX's Starlink satellite internet service dropping its fees to allow more people to circumvent the Tehran government's strongest attempt ever...
• JPMorgan Profits Rise 9% in Q4 Excluding Apple Hit
  
  JPMorgan Chase said Tuesday that its fourth-quarter profits rose 9% on an adjusted basis, as the bank continues to benefit broadly from a strong economy in both its consumer and investment banking divisions.
• Wells Fargo Profit Climbs on Interest Income Boost
  
  Wells Fargo's profit rose in the fourth quarter as it earned more from interest payments.
• Bank of America Profit Climbs as Trading Surges
  
  Bank of America's profit rose, as its traders brought in more revenue from spurred client activity in the fourth quarter due to increased volatility in the markets.
• Saks Global Files for Bankruptcy as it Prepares to Restructure
  
  Luxury retailer Saks Global has filed for bankruptcy, preparing to reposition itself in the increasingly competitive upscale market after obtaining about $1.75 billion in financing commitments.
• Netflix Prepares All-Cash Offer for Warner Brothers
  
  Netflix is reworking the terms of its proposed acquisition of Warner Bros. Discovery and has discussed switching to an all-cash offer for the company's studio and streaming assets, as it seeks to push the deal past mounting political and competitive resistance, Bloomberg...
• Panama Court Ruling on Canal Ports Looms as US-China Tensions Rise
  
  A ruling expected soon from Panama's Supreme Court could determine who controls two major ports at either end of the Panama Canal, a decision carrying significant implications for U.S.-China competition and American strategic interests in the region.
• Saks CEO Richard Baker Leaving After Just Two Weeks
  
  Luxury retailer Saks Global's CEO Richard Baker is departing less than two weeks after taking over the top job, Bloomberg News reported Tuesday.
• Trump Touts Manufacturing on Michigan Ford Factory Tour
  
  President Donald Trump toured an assembly line making Ford F-150 pickups on Tuesday, part of a Michigan trip meant to promote his efforts to boost U.S. manufacturing and counter fears about a weakening job market...
• Bargain Grocer Aldi Seizes the Moment and Expands
  
  The discount grocery chain Aldi is expanding rapidly and plans to open more than 180 U.S. stores this year as more Americans skip nights out at restaurants and cook at home due to anxiety over the nation's economy.
• Pentagon to Invest $1B in L3Harris Rocket Motor Business, Shares Surge
  
  The U.S. government will invest $1 billion in L3Harris Technologies' growing rocket motor business, guaranteeing a steady supply of the much-needed motors used in a wide range of missiles such as Tomahawks and Patriot interceptors.Shares were up 11.4% in pre-market trading...
• Trump to Visit Ford Factory, Promote Manufacturing in Detroit
  
  President Donald Trump will travel to Michigan on Tuesday to promote his efforts to boost U.S. manufacturing, trying to counter fears about a weakening job market and worries that still-rising prices are taking a toll on Americans' pocketbooks.
• Hegseth Tells Lockheed Martin It's Time to Step Up
  
  Secretary of War Pete Hegseth told employees of Lockheed Martin on Monday that it's time to "step up" at a visit of the company's jet production plant in Fort Worth, Texas.

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