Business

New York, NY — CBS revealed it will end “The Late Show with Stephen Colbert” in May 2026, bringing to a close one of America’s most watched late-night programs and intensifying speculation over the influence of politics and big business in mainstream media. The move follows weeks of mounting pressure tied to the Trump administration and CBS’s parent company Paramount’s efforts to secure regulatory approval for its contested merger with Skydance Media.

Houston - SpaceX CEO Elon Musk has confirmed the complete elimination of the company’s Quality Assurance and Quality Control (QA/QC) division—one of the most essential departments in aerospace manufacturing and launch operations.

Musk, speaking at a live-streamed internal town hall on Tuesday, described the decision as part of a “radical streamlining effort” recommended by a newly formed internal auditing group comprised of former DOGE members, who were brought in to identify redundancies and inefficiencies at SpaceX.

CAPE TOWN — The South African government has officially green-lit the construction of Trump Tower Cape Town, marking the Trump Organization’s first major real estate venture in sub-Saharan Africa.

The announcement comes at a time of heightened tensions between Pretoria and Washington, following months of public disputes between U.S. President Donald Trump and South African President Cyril Ramaphosa over land reform, refugee policies, and allegations of racial discrimination.

Palm Beach, FL — President Donald Trump is reportedly "livid" after the Vatican announced the election of a new pope on the same day he unveiled what he called a "historic and tremendous" post-Brexit trade deal with the United Kingdom.

Omaha, NE - Warren Buffett, the 94-year-old chairman and CEO of Berkshire Hathaway, announced today that he will step down from his role at the end of the year. Buffett's decision, revealed during the company's 60th annual shareholder meeting in Omaha, Nebraska, marks the end of an era for one of America's most successful firms.

WASHINGTON, D.C. -  Amazon founder Jeff Bezos announced Tuesday that the company will not lay off any of its U.S. workers following high-stakes negotiations with President Donald Trump. The agreement, confirmed by both parties, grants Amazon an unprecedented 50-year tax-free status and preemptive legal pardons for all current and future executives.

Washington, DC - The White House has launched an official e-commerce store on WhiteHouse.gov, allowing supporters to purchase “Make America Great Again” (MAGA) and other Trump-branded merchandise directly from the government’s flagship website.

New York - The stock price of The Trump Organization, a real estate investment company, surged by 32% on Thursday following news of President Donald Trump's sweeping tariffs on global imports. While the broader stock market has been reeling from the economic uncertainty caused by these tariffs, this unexpected rally highlights the complex interplay between policy decisions and market dynamics.

Washington, DC - Tesla CEO Elon Musk addressed Congress on Friday, urging lawmakers to "hang onto their Tesla stock" amid recent market turbulence.

Musk, who has been serving as the head of the Department of Government Efficiency (DOGE) under the Trump administration, made his appeal during a joint session of Congress. The speech came just a day after a surprise all-hands meeting with Tesla employees, where he made similar remarks.

President Donald Trump has escalated his rhetoric against student protests, threatening to deport international university students who participate in boycotts targeting Tesla, a company closely tied to his administration. The remarks, delivered via Truth Social, have sparked widespread criticism and concerns over freedom of speech protections under the First Amendment.