Business

Bob's Discount Furniture began trading publicly after an IPO that sold 19.45 million shares at $17 each, and the company said it will grow from just over 200 stores to more than 500 by 2035.

Five athletes with Harvard ties are set to compete at the 2026 Winter Olympics in Italy, including Rémi Drolet ’24 and Extension School student Tess Johnson, both preparing for their second Games.

A survey of 2,000 Americans (Gen X or younger with a living parent) found 39% would consider moving an elderly relative into their home, while 19% would consider assisted living and only 16% would consider senior living or memory care; half said they have not discussed future living arrangements with an aging parent or relative.

Cigna's revenue rose 10% to $72.47 billion in the quarter, led by growth at its Evernorth Health Services unit, and adjusted EPS of $8.08 topped analyst estimates.

Warren Buffett emphasizes evaluating companies within your 'circle of competence' and prioritizing businesses with durable earnings, a point he made in a 1996 Berkshire Hathaway shareholder letter and in examples cited in the article.

Shoppers are turning to lower-cost chains such as Trader Joe's and Aldi to save on groceries, and many say Trader Joe's friendly employees are a draw.

CNBC host Jim Cramer said recent tech losses underline the importance of portfolio diversification, noting gains in health care, industrials and banks while the S&P 500 and Nasdaq fell this week.

Alphabet reported fourth-quarter revenue rose 18% and net income was $34.5 billion, and the company said it plans to increase capital spending to $175–$185 billion in 2026 to support AI and data-center capacity.

Frisco has launched an AI travel assistant called Frankie to provide real-time recommendations to visitors ahead of the 2026 World Cup, and the tool will continue serving visitors after the tournament.

Amazon will report fourth-quarter results after the bell, with attention on capital spending and AI-related growth following recent job cuts and store closures.

OpenAI has hired Dylan Scand, formerly an AI safety researcher at Anthropic, as its head of preparedness; the role was noted for a pay package of up to $555,000 plus equity and was announced publicly by CEO Sam Altman.

Josh D'Amaro, named Disney's next CEO effective in March, and current CEO Bob Iger discussed the leadership transition, the company's future and plans around artificial intelligence in an ABC News interview.

Bloomberg reported that builders including Lennar and Taylor Morrison have discussed a privately funded pathway-to-ownership program, sometimes called 'Trump Homes,' that could let investors rent homes while tenants build toward a future down payment. The article mentions Lennar shares rose and were up about 9% for 2026.

Disney said parks chair Josh D'Amaro will become the company’s CEO on March 18, succeeding Bob Iger; Dana Walden will move into the role of president and chief creative officer.

Nintendo reported lifetime Switch sales of 155.37 million units, surpassing the Nintendo DS's previous record of 154.02 million and making the Switch the company's top-selling console.

New York City's Department of Consumer and Worker Protection said Uber Eats will reinstate up to 10,000 delivery accounts deactivated between December 2023 and September 2024 as part of a $5.2 million settlement with several delivery apps.

NFL Commissioner Roger Goodell said Bad Bunny understands the Super Bowl stage is meant to unite people and backed the artist after his Grammys remarks. At the Grammys, Bad Bunny said “ICE out” and urged love during an acceptance speech ahead of his scheduled Super Bowl halftime appearance.

President Trump announced a $12 billion strategic reserve called "Project Vault" to stockpile critical and rare earth minerals for civilian use, funded by a $10 billion U.S. Export-Import Bank loan and $2 billion in private financing.

The federal funds rate is the overnight interest rate set by the Federal Open Market Committee; on December 18 the Fed set the target range at 4.25% to 4.50%.

Oregon Democrats introduced Senate Bill 1507 to disconnect the state from three recent federal tax provisions, preserving about $291 million in revenue over 18 months and directing some of that money to job-creation credits and an Earned Income Tax Credit boost.

A federal judge allowed construction to resume on the Sunrise Wind offshore project, concluding the government did not show an imminent national security risk; the farm is about 45% complete and expected to begin operations in 2027.

Kalshi will sponsor free groceries at Westside Market on 3rd Avenue in the East Village starting at noon ET on Feb. 3 and says it will cover grocery tabs up to $50 per customer while rebranding the store to promote its prediction-trading product.

The Treasury Department says tax season is open and its Working Families Tax Cuts will raise average refunds by about $1,000 per household for more than 100 million households; filing began Jan. 26 and federal returns are due April 15.

The article traces Nvidia from its 1993 founding through milestones such as the 1999 GeForce 256 and the later adoption of GPUs for AI research.

A concise list of the Denver Broncos' main 2026 offseason dates, including the franchise/transition designation window (Feb 17–Mar 3) and the new league year start (March 11 at 2:00pm MT).

The S&P Global UK manufacturing PMI rose to 51.8 in January from 50.6 in December, and new export orders increased for the first time in four years amid higher sales to the US, China and other markets.

Laura DiBella was appointed last week to lead the U.S. Federal Maritime Commission and says she will refocus the agency on geopolitical risks to importers and exporters, from maritime chokepoints to shadow fleets of tankers.

At the NBA's Pioneers Classic in Boston, Jaylen Brown said he wants to be remembered both for winning and for his community work; he also scored 30 points and 13 rebounds in the Celtics' win over the Bucks.

At the 2026 Grammys, several winners including Bad Bunny, Olivia Dean and Billie Eilish used acceptance speeches and pins to express support for immigrants. The Recording Academy's CEO and other performers also spoke about music's role during difficult times.

The Walt Disney Co. board is aligning on promoting theme-park chairman Josh D'Amaro to chief executive and will vote on the appointment in the coming week, the article reports.