The Department of Justice moved to officially dismiss bribery charges against New York’s mayor, Eric Adams. Under pressure to drop the charges from DOJ officials appointed by President Trump, at least seven federal prosecutors chose to resign instead. Meanwhile, there are growing calls for Mayor Adams to step down. NBC News’ Laura Jarrett reports.
Category Archives: business
Trump orders mass firings at federal agencies
As part of his promise to slash the size of the federal bureaucracy, President Trump ordered the firings of “probationary” workers at several federal agencies. The move sparked protests in Washington, while Trump said he will downsize the government, but “run it better.” NBC News’ Kelly O’Donnell reports.
OpenAI tells Musk it is ‘not for sale’ after tech titan’s $97 billion bid
ChatGPT-maker OpenAI has rejected a hostile takeover bid from Elon Musk.
Lifesaving mine-clearing program reels after Trump’s USAID funding suspension
A lifesaving demining program is in jeopardy after the Trump administration ordered a 90-day suspension of all foreign aid, pushing nations in the region to turn to U.S. rivals such as China to fill the funding gap
As Joann Fabrics and JCPenney announce store closings, here’s what’s driving the pattern
The new year for brick-and-mortar retailers is picking up right where 2024 left off, as a slew of stalwart brands are set to shutter dozens of store locations amid shifting consumer patterns.
Amazon ‘anti-union propaganda,’ employee surveillance loom over labor vote at North Carolina warehouse
Italo Medelius-Marsano was a law student at North Carolina Central University in 2022, when he took a job at an Amazon warehouse near the city of Raleigh to earn some extra cash.
Denny’s set to close dozens more locations this year, though some openings planned too
Breakfast specialists Denny’s will accelerate planned store closures in 2025 amid continued consumer shifts toward preferences for fast-food and take-out options.
The market continues to broaden out as investors ignore tariff and inflation threats
It’s another day with more stocks up than down.
Apple and Google bring TikTok back to their U.S. app stores
Apple and Google have made TikTok available on their U.S. app stores again, they said Thursday evening.
Trump admin tells federal agencies to fire probationary employees
President Trump’s administration began a mass firing of federal workers. This could impact more than 200,000 people hired within the last two years but the exact number of people who will be terminated was not immediately clear. NBC Washington’s Ted Oberg explains the impact.