business News — Wiresavvy
Wiresavvy Business News covers U.S. companies, corporate strategy, leadership, and the forces shaping the modern economy.
GameStop Bids $55B to Acquire eBay in Surprise Move
GameStop has made a $55.5 billion bid to acquire eBay in a cash-and-stock deal. The bold move raises questions about strategy, funding, and deal feasibility.
Reed Hastings Steps Down from Netflix Board After Nearly 30 Years
Netflix co-founder Reed Hastings will step down from the board after nearly 30 years, marking a major leadership shift for the streaming giant.
US Gas Prices Hit $4 for First Time Since 2022 Amid War
US gas prices surge past $4 per gallon as the Iran war disrupts global oil supply, raising inflation concerns and increasing costs for consumers worldwide.
U.S. Companies Face Higher Oil Prices, Squeezing Wall Street’s Bright Earnings Outlook
Despite a rosy 2026 earnings forecast, U.S. corporations are now grappling with the reality of significantly higher oil costs this year, even if the Iran conflict ends swiftly. Investors may need to rethink those optimistic Wall Street projections for corporate profits in 2026.