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Browsing: Business

Business

Paramount and Netflix face similar antitrust hurdles in Warner Bros Discovery bids, expert says

Paramount, a Skydance Corporation, and Netflix both want to purchase Warner Bros. Discovery but will face similar antitrust issues and might have to a...

Business

Joe Jonas' former LA home hits the market for nearly $4M

Joe Jonas' former Los Angeles home is now up for grabs.The West Hollywood home is officially on the market for nearly $4 million, in partnership with...

Business

Trump administration announces shift of ‘Biden-Buttigieg era’ Amtrak executive bonuses to frontline workers

The U.S. Department of Transportation (DOT) announced Thursday it has helped redirect "exorbitant" executive payouts at Amtrak — put in place under th...

Business

Trump says Warsh, Hassett are leading contenders for Fed chair pick

President Donald Trump said Friday that he is focusing on two candidates to chair the Federal Reserve next year, with former Fed Governor Kevin Warsh...

Business

Arizona city unanimously rejects AI data center after residents' outcry

The Chandler, Arizona, city council voted unanimously Thursday against clearing the way for construction of an AI data center.Cheers and applause erup...

Business

Trump says he has brought down mortgage payments by nearly $3,000 a year

President Donald Trump is touting improvements in mortgage costs since he took office as he looks to address Americans' concerns about affordability a...

Business

Lululemon CEO Calvin McDonald to step down

Lululemon Athletica Inc. announced Thursday that CEO Calvin McDonald is stepping down early next year as the brand struggles to compete in the highly...

Business

Cannabis stocks surge on report Trump seeks to ease restrictions

Shares of cannabis companies jumped on Friday after the Washington Post reported U.S. President Donald Trump is expected to push the government to dra...

Business

Bill Gates says Trump admin foreign aid cuts causing 'lots of deaths'

Microsoft co-founder Bill Gates, a philanthropist who chairs the Gates Foundation, indicated to Politico's Dasha Burns during an interview that the Tr...

Business

Instacart’s AI pricing experiment drives up costs for some shoppers, study says

Instacart is using AI-enabled pricing experiments that are substantially raising the prices of identical products for different customers, according t...

Business

Sherrone Moore may be out millions in Michigan contract money after firing, arrest

Sherrone Moore was fired as Michigan's head football coach after the university disocvered that he was in an "inappropriate relationship" with a staff...

Business

Powell says rate cuts won't make 'much of a difference' for struggling housing sector

Federal Reserve Chair Jerome Powell warned that the housing sector's struggles are likely to continue with interest rate cuts unlikely to move the nee...