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Michelle Chapman

Michelle Chapman

Fortune

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Meta signs AI chips deal that could go up to $100 billion, option for 10% stake in AMD

Meta will buy AMD's latest chips, the MI450, to help power data centers, in a 6-gigawatt agreement.

25.02.2026 7

Fortune

Michelle Chapman

Paramount has 7 days to raise its offer for Warner Bros. after Netflix waives exclusivity

Warner Bros. said Tuesday that its board still recommends unanimously that shareholders vote for the Netflix buyout.

17.02.2026 4

Fortune

Michelle Chapman

UPS looks to cut up to 30,000 jobs in 2026

UPS is planning to cut up to 30,000 operational jobs this year as the package delivery company continues with its turnaround efforts and reducing the...

27.01.2026 2

The Hill

Michelle Chapman

Energy stocks rip as JP Morgan estimates the U.S. could hold 30% of all the world’s oil

U.S. control of the Venezuelan energy industry could “reshape the balance of power in international energy markets,” analysts with JP Morgan wrote...

06.01.2026 10

Fortune

Michelle Chapman

Build-A-Bear stock falls 15% as it reveals the real hit from tariffs, at last

“We expect this elevated level of impact to continue through the fourth quarter and into the next fiscal year," CEO Voin Todorovic said.

05.12.2025 2

Fortune

Michelle Chapman

General Motors sees $1.6 billion hit from expiry of EV tax incentives, emissions rules relaxation

GM warned that it may take additional hits as it adjusts production, with non-cash charges potentially impacting operations and cash flow in the...

14.10.2025 6

Fortune

Michelle Chapman

Washington takes stake in company building one of the world’s largest lithium mines as it races to catch up with China

The U.S. government is taking a minority stake in Lithium Americas, a company that is developing one of the world’s largest lithium mines in...

03.10.2025 10

Fortune

Michelle Chapman

Jerry of Ben & Jerry’s quits, claiming Unilever has destroyed ‘independence’ of socially conscious merger agreement

"It's profoundly disappointing to come to the conclusion that that independence, the very basis of our sale to Unilever, is gone.”

17.09.2025 6

Fortune

Michelle Chapman

From United Airlines to Olive Garden, brands turn orange, tying themselves to Taylor Swift’s economic superpowers

Google is using its search engine to celebrate the October release of Swift's “The Life of a Showgirl.” Users who search for “Taylor Swift”...

15.08.2025 70

Fortune

Michelle Chapman

Intel CEO described in Chinese state media as ‘actively’ devoted to Chinese and Asian markets

Lip-Bu Tan has invested in China’s state-owned enterprise SMIC, which seeks to advance China’s chipmaking capabilities.

08.08.2025 70

Fortune

Michelle Chapman

Elon Musk, 6 months after $56 billion pay package was struck down, wins a new one worth $29 billion from Tesla

In December Delaware Chancellor Kathaleen St. Jude McCormick reaffirmed her earlier ruling that Tesla must revoke Musk’s multibillion-dollar pay...

04.08.2025 70

Fortune

Michelle Chapman

Bitcoin scores all-time high, blowing past $118,000 with room to run

A soft U.S. dollar and the digital currency friendliness of the Trump administration is helping things along.

11.07.2025 70

Fortune

Michelle Chapman

Biden-era FTC rule on ‘click-to-cancel’ blocked at 11th hour because of failure to do preliminary analysis

The Eighth Circuit said the analysis is required for rules with a $100 million impact; the FTC claimed the impact would have been smaller.

10.07.2025 70

Fortune

Michelle Chapman

Lululemon is accusing Costco of selling dupes of its $100 pants and hoodies for a fraction of the price

Lululemon alleges that Costco is known to use manufacturers of popular branded products for its private label Kirkland brand.

01.07.2025 70

Fortune

Michelle Chapman

Amazon’s Andy Jassy suggests employees go to AI trainings to learn ‘how to get more done with scrappier teams’

Earlier this month Amazon announced that it was planning to invest $10 billion toward building a campus in North Carolina to expand its AI...

19.06.2025 70

Fortune

Michelle Chapman

Shaquille O’Neal must pay $1.8 million to end a years-long class action lawsuit after FTX investors accused him of duping them

Shaquille O'Neal, and other celebrities like Tom Brady and Stephen Curry, were named in the lawsuit in 2022.

13.06.2025 70

Fortune

Michelle Chapman

Southwest Airlines decades-long free checked bags perk ends today

The airline announced in February that it was eliminating 1,750 jobs, or 15% of its corporate workforce, in the first major layoffs in the...

27.05.2025 70

Fortune

Michelle Chapman

Regeneron is buying 23andMe out of bankruptcy for $256 million

The deal still needs court approval.

19.05.2025 60

Fortune

Michelle Chapman

American Airlines CEO warns tourists are canceling trips because of Trump’s trade war

American Airlines pulled its financial guidance for 2025.

24.04.2025 60

Fortune

Michelle Chapman

Boeing’s CEO is trying to find buyers for 50 planes after Chinese airlines cancelled their orders amid Trump’s trade war

Boeing CEO Kelly Ortberg doesn’t expect the U.S. trade war with China to forestall the company's financial recovery.

24.04.2025 5

Fortune

Michelle Chapman

Jeep maker Stellantis is already taking drastic actions to shut down some production following Trump’s tariffs

Stellantis is temporarily halting production at a plant in Canada and a plant in Mexico after President Trump announced a 25% tariff on imported...

03.04.2025 70

Fortune

Michelle Chapman

Bank of England gives hawkish warning as it cuts rates to 4.5%

The bank warned that inflation will rise “quite sharply” to peak at 3.7% later this year, up from 2.8% in the last forecast.

06.02.2025 4

Fortune

Michelle Chapman

Honeywell will split into 3 companies, ending the run for one of the few remaining U.S. industrial conglomerates

The public announcement arrived about one month after Elliott Investment Management revealed a stake of more than $5 billion in the aerospace,...

06.02.2025 7

Fortune

Michelle Chapman

Getty Images and Shutterstock will merge into $3.7 billion photo, video and music media company

Getty Images shareholders will own about 54.7% of the combined company at closing and Shutterstock stockholders will own approximately 45.3%.

07.01.2025 7

Fortune

Michelle Chapman