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Browsing: Business

Business

Here's a look at the most notorious insider trading scandals that rocked Wall Street and beyond

The recent arrests of NBA figures Chauncey Billups and Terry Rozier in connection with federal gambling probes have garnered national attention, but f...

Business

Israeli restaurant chain in DC hit by Gaza protests permanently closes

Shouk, a plant-based kosher street-food chain in Washington, D.C., permanently shut down its final locations this month in part due to protests and bo...

Business

Florida's aging waterfront condos become gold mines as owners cash in on developer buyouts

Along South Florida's sunny shorelines, aging waterfront buildings are turning into redevelopment jackpots as condominium owners increasingly choose c...

Business

Alaska Airlines restores operations after widespread technology issue grounded flights nationwide

Alaska Airlines resumed operations nationwide late Thursday night after a "significant IT outage" caused the airline to ground all flights for hours.I...

Business

Meta cuts 600 jobs amid AI expansion push — as automation replaces human staff

Meta is cutting around 600 jobs within its artificial intelligence unit, a move it says aims to boost efficiency.The layoffs to Meta's Superintelligen...

Business

Trump ends Canada trade talks over 'FAKE' Ronald Reagan tariff ad: 'Egregious'

President Donald Trump announced Thursday that trade negotiations with Canada have been terminated over an advertisement featuring former President Ro...

Business

Palantir CEO says company is in an AI 'arms race' after deal with Lumen

Palantir CEO Alex Karp said his company is in an artificial intelligence arms race with its competitors, after reaching a deal with Lumen Technologies...

Business

Alaska Airlines grounds all flights across US airports due to widespread technology issue

Alaska Airlines has grounded all its flights across U.S. airports on Thursday evening because of an unspecified technology-related issue, the company...

Business

NBA gambling probe reveals 'Wild West' of private card games; only matter of time before someone flips: expert

The NBA gambling scandal has laid bare the "Wild West" of private gambling, and it’s only a matter of time before one of those involved turns on the o...

Business

Major airports issue ground stops due to air traffic controller staffing shortages amid government shutdown

Three major U.S. airports issued ground stops or delays Thursday, all attributed to staffing shortages amid the federal government shutdown.Ronald Rea...

Business

Treasury touts progress reducing federal spending under Trump administration

The Treasury Department is touting progress in lowering federal spending since President Donald Trump returned to the White House in January.Treasury...

Business

Musk pleads with Tesla investors to approve his massive $1T pay package deal

Tesla CEO Elon Musk jumped in at the end of the automaker's earnings call to express to investors why they should approve his $1 trillion pay package,...