A Costco strike, Elon Musk’s DOGE, more Netflix price hikes, and the next Ozempic: Business news roundup

Image for article titled A Costco strike, Elon Musk's DOGE, more Netflix price hikes, and the next Ozempic: Business news roundup

Image: Tayfun Coskun/Anadolu (Getty Images), picture alliance (Getty Images), UCG / Contributor (Getty Images), Photo: Justin Lewis (Getty Images), Christopher Furlong (Getty Images), Kenny Holston-Pool (Getty Images), Kent Nishimura/Bloomberg (Getty Images), Jim Watson/AFP (Getty Images)

Workers inform customers about a power outage outside of a Costco in Foster City, California.

Workers inform customers about a power outage outside of a Costco in Foster City, California.
Image: Tayfun Coskun/Anadolu (Getty Images)

A strike at Costco (COST) is now a real possibility after the union representing thousands of workers voted to authorize it.

With 85% of Teamsters members backing the move, workers are prepared to walk off the job unless the retailer comes to the table with what they deem to be a fair agreement. The union, which represents over 18,000 Costco workers nationwide, has been in contract negotiations for months. The current agreement expires on Jan. 31 and, without a resolution, workers may strike to demand higher wages and improved benefits, pointing to Costco’s record profits as justification for their demands.

Read More

Image for article titled A Costco strike, Elon Musk's DOGE, more Netflix price hikes, and the next Ozempic: Business news roundup

Photo: Justin Lewis (Getty Images)

There’s no real way to measure the intelligence of a population, but a research team at the testing platform BrainManager tried.

It attempted to figure out the smartest states in the U.S. based on 19 indicators, grouped into three categories: academic success, learning culture and support, and innovation and technology.

Read More

Elon Musk

Elon Musk
Photo: Christopher Furlong (Getty Images)

Elon Musk — the world’s richest man alive — has been handed his own task force designed to reign in government spending. Here’s what you need to know about DOGE, which President Donald Trump officially created on Monday.

Read More

Tesla and SpaceX CEO Elon Musk, alongside other tech leaders, were given coveted seats at President Donald Trump’s inauguration.

Tesla and SpaceX CEO Elon Musk, alongside other tech leaders, were given coveted seats at President Donald Trump’s inauguration.
Photo: Kenny Holston-Pool (Getty Images)

It took less than 10 minutes into his new administration for President Donald Trump to get slapped with a lawsuit.

A trio of organizations — nonprofit watchdog Public Citizen, the American Federation of Government Employees (AFGE), and the left-wing nonprofit State Democracy Defenders Fund — on Monday sued Trump and his administration over plans to launch the Department of Government Efficiency, or DOGE, under the leadership of billionaire Elon Musk.

Read More

Image for article titled A Costco strike, Elon Musk's DOGE, more Netflix price hikes, and the next Ozempic: Business news roundup

Image: picture alliance (Getty Images)

Netflix (NFLX) reported strong earnings in 2024, thanks to 19 million new paid memberships during the fourth quarter – its largest increase ever. The streaming giant finished 2024 with with 302 million memberships.

Read More

Elon Musk speaks during the 60th presidential inauguration parade at Capital One Arena in Washington, DC, US, on Monday, Jan. 20, 2025.

Elon Musk speaks during the 60th presidential inauguration parade at Capital One Arena in Washington, DC, US, on Monday, Jan. 20, 2025.
Photo: Kent Nishimura/Bloomberg (Getty Images)

One day in, Elon Musk’s Department of Government Efficiency (DOGE) looks like it will have a tough time living up to the expectations he and President Donald Trump outlined months ago.

Read More

Image for article titled A Costco strike, Elon Musk's DOGE, more Netflix price hikes, and the next Ozempic: Business news roundup

Photo: Jim Watson/AFP (Getty Images)

President Donald Trump signed a highly-anticipated executive order late Thursday establishing a working group on digital assets that will be responsible for putting forward potential regulations for the sector and evaluating a national cryptocurrency stockpile.

Read More

Still life of Wegovy an injectable prescription weight loss medicine that has helped people with obesity.

Still life of Wegovy an injectable prescription weight loss medicine that has helped people with obesity.
Image: UCG / Contributor (Getty Images)

Two recent disappointing clinical trials of highly-anticipated weight-loss drugs have made it clear that it is too early to crown any winners in the race for the next generation of anti-obesity treatments.

Read More

How Nike’s new CEO plans to revive the struggling sportswear giant

A pivotal moment helped Nike’s new CEO face the full scale of the company’s crisis

Inside Barron Trump’s high-end real estate ambitions with GOP connections

Barron Trump is starting a luxury real estate company with his prep school classmate

Read More
Camellia Kazmierczak

Latest

RubyPlay partners with Caesars Entertainment in Ontario to advance North American expansion

RubyPlay, a studio-based content ecosystem, is further strengthening its presence in Ontario as part of its broader North American growth strategy with a new partnership with Caesars Entertainment. The partnership will see a curated selection of RubyPlay’s fan-favourite titles, including JMania® Lucky Pyggs, Mad Hit® Mr Coin and Diamond Explosion® 7s SE, made available on

Wizkid wins “Best African Music Act” at the 2026 MOBO Awards, beats Davido, Tyla, Rema

MusicRead Later (0)Please login to bookmark Close Nigerian superstar Wizkid...

Newsletter

Don't miss

RubyPlay partners with Caesars Entertainment in Ontario to advance North American expansion

RubyPlay, a studio-based content ecosystem, is further strengthening its presence in Ontario as part of its broader North American growth strategy with a new partnership with Caesars Entertainment. The partnership will see a curated selection of RubyPlay’s fan-favourite titles, including JMania® Lucky Pyggs, Mad Hit® Mr Coin and Diamond Explosion® 7s SE, made available on

Wizkid wins “Best African Music Act” at the 2026 MOBO Awards, beats Davido, Tyla, Rema

MusicRead Later (0)Please login to bookmark Close Nigerian superstar Wizkid...

South Block Continues Rapid Expansion Adding 24th Block in Burke, Virginia, March 28

MusicFirst 100 grand opening guests score free Mini...

Family Business? Tee Grizzley Reacts After His Mom Accuses Him Of Leaving Her To Struggle (PHOTOS)

Y’all… it looks like some family tension might be brewing behind the scenes involving Tee Grizzley and his mom. What seemed like a regular social media post quickly turned into something deeper. And now, folks are side-eyeing the situation and wondering what’s really going on. RELATED: Tee Grizzley Shares A Message For Artists After His

SoE necessary but not sufficient, business leaders say

PE­TER CHRISTO­PHER Se­nior Mul­ti­me­dia Re­porter pe­ter.christo­pher@guardian.co.tt Heavy hand­ed but nec­es­sary giv­en the state of crime in T&T. This was a com­mon as­sess­ment from var­i­ous busi­ness groups when asked for their per­spec­tive on the lat­est de­c­la­ra­tion of a state of emer­gency in the coun­try. The T&T Cham­ber of In­dus­try and Com­merce, in a re­leased is­sued yes­ter­day

The Big Business of Carolyn Bessette-Kennedy

Can a nine-episode limited series really impact an entire season of shopping trends? Today brands are experiencing—and chasing—the “Carolyn Bessette-Kennedy effect” as a result of Ryan Murphy’s Love Story. And in many cases, it’s more pervasive than they could have prepared for. The FX series, based on the relationship between John F. Kennedy Jr. and