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Categories Business

Apple sued by shareholders who allege it overstated AI progress

June 24, 2025

Apple was sued on Friday by shareholders in a proposed securities fraud class action that accused it of downplaying how long it

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Categories Business

Walmart to pay $10 million to settle lawsuit over money transfer fraud

June 24, 2025

Walmart has agreed to pay $10 million to settle a Federal Trade Commission civil lawsuit accusing the world’s largest retailer of ignoring

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Categories Business

Tesla agrees to first deal to build China’s largest grid-scale battery power plant

June 22, 2025

Tesla has inked its first deal to build a grid-scale battery power plant in China amid a strained trading relationship between Beijing

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Categories Business

Apple looking to make ‘premium’-priced folding iPhones starting next year, analyst says

June 21, 2025

Apple has plans to make a folding iPhone starting next year, reliable analyst Ming-Chi Kuo said on Wednesday. Kuo said Apple’s folding phone

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Categories Business

Oil prices rise more than 1% as Israel vows to intensify attacks on Iran

June 21, 2025

Crude oil futures rose more than 1% on Thursday, after Prime Minister Benjamin Netanyahu ordered Israel’s military to intensify attacks against Iran. U.S.

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Categories Business

Nike pushes back Skims launch with Kim Kardashian due to production delays

June 20, 2025

Kim Kardashian fans are going to have to wait a little longer for the highly anticipated NikeSKIMS line. The activewear line will launch

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Categories Business

DOJ seizes record $225 million in crypto tied to global ‘pig butchering’ scams

June 19, 2025

The Justice Department announced Wednesday the largest-ever U.S. seizure of cryptocurrency linked to so-called “pig butchering” scams that have cost victims billions

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Categories Business

Amazon expects to cut corporate jobs as it relies more on AI

June 19, 2025

Amazon CEO Andy Jassy said Tuesday that the company expects artificial intelligence ‘will reduce our total corporate workforce as we get efficiency

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Categories Business

Streaming overtakes cable and broadcast as the most-watched form of TV

June 19, 2025

A new king reigns in TV land. Streaming has officially surpassed broadcast and cable as a share of total television viewing, according to

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Categories Business

Kraft Heinz to remove artificial dyes from U.S. products by end of 2027

June 18, 2025

Kraft Heinz said Tuesday that it will remove FD&C artificial dyes from its products by the end of 2027, and will not

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