For: January 29, 2026
>>Watching Wall Street
(New York, NY) -- The opening bell rings this morning after stocks closed mixed on Wall Street Wednesday. It came after the Federal Reserve decided to leave interest rates unchanged, ending a streak of three straight quarter-point cuts to rates. It's also the first decision by the Fed since Chair Jerome Powell was federally subpoenaed over testimony related to building renovations. The central bank is set to make its next decision on interest rates in March. At the closing bell, the Dow Jones Industrial Average rose 12 points to 49-015. The S&P 500 dropped less than a point to 69-78. The Nasdaq gained 40 points to 23-857.
>>Musk Announced End Of Production For Tesla Models S And X
(Fremont, CA) -- Elon Musk says he's turning his Tesla plant in California into a robot factory. On a fourth-quarter earnings call Wednesday, the CEO said he's ending production on the Model S and X Teslas that are assembled at his plant in Fremont, and will instead convert the space to make Optimus robots. The company said it plans to unveil the third generation of humanoid robots this quarter, its "first design meant for mass production." Tesla reported its first annual revenue decline on record in the fourth quarter. The models S and X are Tesla's oldest vehicles, and are now outsold by the far more popular 3 and Y models.
>>Employee Engagement Slips From 2020 High
(Undated) -- New Gallup polling shows a decline in people who report feeling actively engaged in the workplace. According to the poll, for the second year in a row, 31 percent of employees said they felt actively engaged at work which is down five percent from its high in 2020. Gallup said each percentage-point change represents roughly one-point-six million full- or part-time employees so the five percent decline is equivalent to roughly eight million fewer workers. The survey also found 17 percent of respondents reported feeling actively disengaged at work in 2025, which is a percentage unchanged from the year prior.
>>Spotify Pays Out Royalties To Music Industry
(New York, NY) -- Spotify is paying out a large sum of money to the music industry. The streaming platform says they've recently paid out eleven-billion-dollars in royalties to labels, signed artists and independent musicians. This brings their all-time payments to 70-billion-dollars. Spotify has faced criticism in the past from artists over low royalty rates from streaming, with Apple Music's VP arguing it "devalues music as a product".
>>Meta Reports 24% Revenue Growth
(Menlo Park, CA) -- Meta is reporting a 24-percent year-over-year jump in revenue. The social media and tech company reported fourth quarter earnings Wednesday, exceeding Wall Street's expectations. The growth was mainly driven by online ad sales. The company also said its planning to spend as much as 135-billion-dollars on artificial intelligence-related capital expenditures this year, almost twice what it spent last year.
>>WBD Partners With X For Winter Olympics
(Undated) -- Warner Bros. Discovery is partnering with X for the upcoming Winter Olympics in Italy. The company will share exclusive behind-the-scenes video content and highlights on X throughout the games. The pair will also give brands and advertisers access to WBD's "in-game" and event clips, localized for audiences across Europe. The collaboration will also include streamers like HBO Max, Eursosport and TNT Sports in X's "real time sports conversations." The Winter Olympics take place in Milan starting February 6th.
>>Costco Sued Over Preservatives In Rotisserie Chickens
(San Diego, CA) -- Costco is being sued over allegedly misleading claims about its four-dollar-99-cents rotisserie chickens. A staple of the warehouse chain, the lawsuit filed in federal court in California says the chickens are advertised as containing no preservatives. The proposed class action suit says Costco has systematically cheated customers through false advertising. The chickens allegedly contain two preservatives, to control pH levels and slow spoilage. Despite filing the lawsuit, the two plaintiffs say they plan to keep buying the chicken.
