The Gloss Report

The American Edit on Style, Culture & Business

Business

Tesla Q2 Deliveries Jump 25% Even as the Broader US EV Market Shrinks
Business

Tesla Q2 Deliveries Jump 25% Even as the Broader US EV Market Shrinks

Tesla delivered more than 480,000 vehicles in the second quarter, growing its US market share even as overall electric vehicle sales declined following the expiration of federal tax credits.

June Jobs Report Shows Hiring Slowdown as Unemployment Dips to 4.2%
Business

June Jobs Report Shows Hiring Slowdown as Unemployment Dips to 4.2%

Nonfarm payrolls grew by just 57,000 in June, and the drop in the unemployment rate reflected fewer people looking for work rather than stronger hiring.

OpenAI Closes Record $122 Billion Funding Round as Anthropic Raises $65 Billion
Business

OpenAI Closes Record $122 Billion Funding Round as Anthropic Raises $65 Billion

OpenAI's latest raise is the largest private venture round in history, pushing its valuation past $850 billion, while rival Anthropic closed its own mega-round days later.

Wave of AI-Driven Layoffs Hits Amazon, Oracle and Meta
Business

Wave of AI-Driven Layoffs Hits Amazon, Oracle and Meta

More than 170,000 tech workers have been laid off in 2026 in cuts explicitly tied to AI and automation, with Amazon, Oracle and Meta among the hardest-hit employers.

Google Hit With Sweeping Remedy Order in Ad-Tech Antitrust Case
Business

Google Hit With Sweeping Remedy Order in Ad-Tech Antitrust Case

A federal judge ordered Google to unwind key parts of its advertising technology business, mandating a ban on default deals, new choice screens, and data portability requirements.

Perfection Nail Spa V: The Charge That Doesn't Show Up: What Every Nail Salon Owner Should Understand About Taxes
Business

Perfection Nail Spa V: The Charge That Doesn't Show Up: What Every Nail Salon Owner Should Understand About Taxes

Charging part of a service on the card and quietly collecting the rest off the books has a name, skimming, and it is one of the surest ways to raise concern with the IRS. Here is why it is riskier than it looks, and what honest owners do instead.