Walgreens Boots Alliance — whose namesake chain is one of the largest retailers in the U.S. and an iconic brand in the drugstore sector — has reached a deal to be taken private.
Why it matters: The company has been struggling to keep up with nimbler retailers, rising medical costs, labor demands and digital pharmacy alternatives.
Tesla is at risk of bleeding cash in the first quarter of 2025 amid growing signs that CEO Elon Musk's political endeavors are scaring off potential customers.
Why it matters: Tesla has seismic ambitions — including self-driving cars and humanoid robots — that may depend on its core business to generate funding.
CBS on Thursday filed two motions to dismiss an amended complaint to the lawsuit filed against it by President Trump before he took office last October.
Why it matters: CBS is under extraordinary pressure to resolve its legal battle with the president as it awaits regulatory approval for a merger between its parent company Paramount and Skydance Media.
Delta Air Lines is helping a California startup, JetZero, bring this revolutionary aircraft to the skies for testing as soon as 2027.
Why it matters: The blended-wing-body airframe is expected to be up to 50% more fuel efficient than today's tube-and-wing aircraft, a huge advantage for airlines seeking to decarbonize their operations.
The U.S. has indicted two people and seized the web infrastructure tied to Russian cryptocurrency exchange Garantex as part of a sweeping international law enforcement operation.
Why it matters:Garantex has long been a go-to exchange for Russian ransomware gangs, darknet marketplaces and other cybercriminals who need to launder the cryptocurrencies they earn through their schemes.
Sam Bankman-Fried today reiterated his belief that he was not a criminal and highlighted his affinity for Republicans, in an interview with Tucker Carlson.
Why it matters: His parents have been angling for a pardon from President Trump.
Republicans across the country have launched initiatives mirroring the Trump administration's Department of Government Efficiency to root out so-called "waste" and "fraud" within state budgets.
Why it matters: While they cheer Elon Musk's chainsaw, some of those same officials worry how those deep cuts at the federal level will affect their states, which take in more federal money than they send to Washington.
Today's CEOs will be the last to "manage a workforce of only human beings," Salesforce CEO Marc Benioff told Axios' Ina Friedin Davos, Switzerland, earlier this year.
Why it matters: Anything that affects American jobs is likely to become a wedge issue, but communications can help.
While addressing tariffs in his joint address to Congress on Tuesday, President Trump said, "There will be a little disturbance, but we are OK with that."
Onsemi on Thursday announced an offer to buy New Hampshire chipmaker Allegro Microsoystems for $6.9 billion in cash, with Allegro responding that the unsolicited bid is "inadequate."
The big picture: Suitors don't normally disclose their desires via press release, which suggests that onsemi's hope is to get an assist from Allegro shareholders. It also may suggest a willingness to go hostile.
TikTok has less than one month until its U.S. lifeline expires, but sources say there still haven't been negotiations between its Chinese owner and prospective buyers.
After a two-month honeymoon, where the value of just about anything Trump-adjacent rose as he prepared to take office, markets have now soured on many "Trump trades."
Why it matters: At some point, the declines will test whether there's still a "Trump put," as in his first presidency — where Trump tended to swiftly reverse policies the market didn't like — or if Trump 2.0 really doesn't care as much about markets.
Donald Trump famously believes that "trade wars are good, and easy to win," as he tweeted in 2018. The market, however, believes the opposite: That a trade war is bad, is easy to lose, and could plunge the U.S. into an avoidable recession.
Why it matters: Trump 1.0 listened to the market. Trump 2.0 is very different.
Most young Americans have been keeping up with Elon Musk’s DOGE — and it’s not too popular.
The big picture: 87% of 18- to 34-year-olds say they’ve heard a lot or a little about DOGE. And 71% say they strongly or somewhat disapprove of the agency’s work so far, according to a new Axios-Generation Lab youth poll.
Buy your local economist a drink: The economic backdrop is more chaotic and uncertain than it's been in years — a result of fast-moving and sometimes vague Trump policy.
Why it matters: There is a growing list of factors that could put downward pressure on the economy — tariffs, spending cuts, a looming government shutdown and more.
History is set to be made on the Moon again this week, with Intuitive Machines' IM-2 mission Nova-C class lunar lander Athena scheduled to land there at 12:32pm ET on Thursday.
The big picture: Intuitive Machines has partnered with Lunar Outpost to roll out the first commercial rover on the Moon and with Finnish multinational tech firm Nokia to deliver the first cellular network on Earth's only natural satellite.
Los Angeles County is suing Southern California Edison over the Eaton Fire, which killed 17 people in January.
The big picture: The cause of the blaze that was one of California's most destructive wildfires on record remains under investigation, but LA County alleges in a lawsuit there's "clear evidence" from images and witness statements that SCE's equipment was responsible for it.
An appeals court on Wednesday allowed President Trump's removal of the head of an independent watchdog agency that investigates federal workers' whistleblower reports while a legal challenge to the firing plays out.
The big picture: The D.C. Circuit Court of Appeals paused a lower court ruling that Hampton Dellinger should continue in his role leading the Office of Special Counsel after agreeing with him that his firing was "unlawful."
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