Posted inEconomy
Walmart to pay $10 million to settle lawsuit over money transfer fraud
Walmart has agreed to pay $10 million to settle a Federal Trade Commission civil lawsuit…
Posted inEconomy
Apple sued by shareholders who allege it overstated AI progress
Apple was sued on Friday by shareholders in a proposed securities fraud class action that…
Posted inEconomy
Apple looking to make ‘premium’-priced folding iPhones starting next year, analyst says
Apple has plans to make a folding iPhone starting next year, reliable analyst Ming-Chi Kuo…
Posted inEconomy
Oil prices rise more than 1% as Israel vows to intensify attacks on Iran
Crude oil futures rose more than 1% on Thursday, after Prime Minister Benjamin Netanyahu ordered…
Posted inEconomy
Tesla agrees to first deal to build China’s largest grid-scale battery power plant
Tesla has inked its first deal to build a grid-scale battery power plant in China…
Posted inEconomy
Streaming overtakes cable and broadcast as the most-watched form of TV
A new king reigns in TV land. Streaming has officially surpassed broadcast and cable as…
Posted inEconomy
Amazon expects to cut corporate jobs as it relies more on AI
Amazon CEO Andy Jassy said Tuesday that the company expects artificial intelligence ‘will reduce our…
Posted inEconomy
DOJ seizes record $225 million in crypto tied to global ‘pig butchering’ scams
The Justice Department announced Wednesday the largest-ever U.S. seizure of cryptocurrency linked to so-called “pig…
Posted inEconomy
Tesla stock sinks as Musk and Trump ridicule each other
One day after seeing their largest-ever one-day drop, Tesla shares recovered some losses Friday as…
Posted inEconomy
Trump implies government could cut contracts and subsidies to Musk’s companies
President Donald Trump has escalated his sudden rupture with Elon Musk by implying the government…