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Browsing: Business

Business

Nvidia CEO warns 'China is going to win the AI race': report

Nvidia CEO Jensen Huang is warning that China will overtake America in the global artificial intelligence (AI) race.The chipmaker's chief executive sa...

Business

FAA confirms which 40 markets will have airline traffic cut 10%

Forty of the busiest airports in the U.S. will see a 10% flight reduction starting Friday after the Federal Aviation Administration (FAA) announced th...

Business

Jamie Dimon warns blue states’ business exodus could ‘backfire’

JPMorgan Chase CEO Jamie Dimon warned that high-tax, regulation-heavy states are driving businesses and residents away — accelerating an exodus to pro...

Business

Layoffs in October hit highest level for month in 22 years as companies cite cost-cutting, AI

U.S. employers ramped up layoffs in October to the highest level for the month in 22 years as companies looked to cut costs and adopt artificial intel...

Business

US trade official warns up to $200B hangs in the balance as SCOTUS weighs Trump tariff case

U.S. Trade Representative Jamieson Greer warned Thursday that as much as $200 billion could be at stake as the Supreme Court considers overturning Pre...

Business

Trump announces deal with drugmakers to lower cost of weight-loss drugs

President Donald Trump on Thursday announced deals with pharmaceutical giants Novo Nordisk and Eli Lilly that would cut the cost of the lowest doses o...

Business

ESPN partners with DraftKings for exclusive sports betting deal after nixing agreement with PENN

Roughly an hour after severing ties with PENN Entertainment, which axed its own gambling platform, ESPN announced they would be partnering with DraftK...

Business

From slump to sizzle: KFC’s recipe for a comeback

KFC's iconic fried chicken buckets are no longer enough to allow the company to stay ahead of its rivals as consumer preferences shift.The global fast...

Business

Tesla shareholders to decide fate of Musk's $1T pay package

The fate of Tesla CEO Elon Musk's proposed $1 trillion pay package will be in the balance on Thursday as shareholders vote on whether to approve the h...

Business

United Airlines to offer refunds because of shutdown-caused flight restrictions

United Airlines customers with flights booked to travel during the government shutdown will be eligible for a refund, CEO Scott Kirby told employees i...

Business

NWSL, premier women's soccer league, forms advisory board with Eli Manning, Magic Johnson and more investors

A massive group of current and former professional athletes, as well as cultural leaders, have come together to launch a new movement in women’s socce...

Business

ESPN, PENN Entertainment end sports betting partnership early in shock announcement

PENN Entertainment and ESPN mutually agreed to terminate their U.S. sports betting contract on Thursday.PENN and ESPN announced the decision in a join...