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Categories Business

Amazon’s Nova AI agent launch puts it up against rivals OpenAI, Anthropic

April 1, 2025

Amazon on Monday released a new AI model that can take actions in a web browser on a user’s behalf, a move that puts it

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Categories Business

Trump commutes sentence of Ozy Media founder Carlos Watson

March 30, 2025

President Donald Trump commuted the criminal sentence of Ozy Media founder Carlos Watson on Friday, just hours before Watson was due to begin serving a 116-month prison term

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Categories Business

Lululemon shares drop 15% as CEO says inflation, economic concerns are weighing on spending

March 29, 2025

Lululemon beat Wall Street expectations for fiscal fourth-quarter earnings and revenue, but issued 2025 guidance that disappointed analysts. On an Thursday earnings call, CEO

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Categories Business

Trump signs executive order to end collective bargaining at agencies involved with national security

March 29, 2025

President Donald Trump moved Thursday to end collective bargaining with federal labor unions in agencies with national security missions across the federal government,

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Categories Business

Robinhood CEO sees Amazon-like subscription model as path to ‘loyalty’ in financial services

March 29, 2025

Robinhood CEO Vlad Tenev is betting that by rolling out a large enough portfolio of digital investment products, more consumers will be willing

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Categories Business

FCC is investigating Disney and ABC for DEI initiatives

March 29, 2025

The Federal Communications Commission has alerted the Walt Disney Company and its ABC unit that it will begin an investigation into the diversity, equity and

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Categories Business

23andMe files for bankruptcy as co-founder Anne Wojcicki resigns as CEO

March 28, 2025

Embattled genetic testing company 23andMe, once valued at $6 billion, filed for Chapter 11 bankruptcy protection in Missouri federal court on Sunday night. The

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Categories Business

Nvidia CEO says he was wrong about timeline for quantum, surprised his comments hurt stocks

March 28, 2025

Nvidia CEO Jensen Huang on Thursday walked back comments he made in January, when he cast doubt on whether useful quantum computers would

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Categories Business

Nvidia’s CEO did a Q&A with analysts. What he said and what Wall Street thinks about it.

March 28, 2025

Investors have closely watched Nvidia’s week-long GPU Technology Conference (GTC) for news and updates from the dominant maker of chips that power artificial

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Categories Business

Oil executives bluntly criticize Trump tariffs and ‘drill, baby, drill’ mantra

March 28, 2025

Oil executives are warning that President Donald Trump’s tariffs and “drill, baby, drill” message have created uncertainty in energy markets that is already

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