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  • Business

    Skechers to be acquired by 3G Capital in take-private deal, shares soar 25%

    by admin May 6, 2025
    May 6, 2025

    Footwear giant Skechers has agreed to be acquired by private equity firm 3G Capital for $63 per share,…

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  • Business

    Temu halts shipping direct from China as de minimis tariff loophole is cut off

    by admin May 5, 2025
    May 5, 2025

    Chinese bargain retailer Temu changed its business model in the U.S. as the Trump administration’s new rules on…

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  • Business

    Data center boom in world’s largest market isn’t slowing down, Dominion Energy says

    by admin May 3, 2025
    May 3, 2025

    Data center demand is not slowing down in the world’s largest market centered in northern Virginia,…

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  • Business

    Netflix stock is trading at all-time high levels in unprecedented win streak

    by admin May 3, 2025
    May 3, 2025

    Netflix is on a winning streak. The streaming giant’s stock has traded for 11 straight days without…

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  • Business

    Jeff Bezos discloses plan to sell up to $4.8 billion in Amazon stock

    by admin May 3, 2025
    May 3, 2025

    Amazon founder Jeff Bezos plans to sell up to 25 million shares in the company over the next…

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  • Business

    Tesla denies report it’s looking to replace Elon Musk

    by admin May 3, 2025
    May 3, 2025

    Shares of Tesla were flat in premarket trading Thursday after the EV maker denied a Wall Street Journal…

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  • Business

    Consumers are not lovin’ it: McDonald’s has its worst quarter since 2020

    by admin May 2, 2025
    May 2, 2025

    McDonald’s reported its worst quarterly sales for the United States since the height of the pandemic…

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  • Business

    Pfizer CEO says tariff uncertainty is deterring further U.S. investment in manufacturing, R&D

    by admin May 2, 2025
    May 2, 2025

    Pfizer CEO Albert Bourla on Tuesday said uncertainty around President Donald Trump’s planned pharmaceutical tariffs is deterring the company…

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  • Business

    Nvidia says Anthropic is telling ‘tall tale’ in its defense of U.S. AI chip restrictions on China

    by admin May 2, 2025
    May 2, 2025

    Nvidia blasted Anthropic Thursday in a rare public clash over artificial intelligence policy with U.S. chip export restrictions set to take effect. “American…

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  • Business

    Amazon is stepping up to fill a gap in Hollywood’s movie slate

    by admin May 2, 2025
    May 2, 2025

    Tech is saving Hollywood — though not in the way you might think. Back in 2022,…

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    • At 90, the Dalai Lama braces for final showdown with Beijing: his reincarnation

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