A federal judge said Monday he may hold an evidentiary hearing next month to help determine whether to approve the sale of conspiracy theorist Alex Jones’ media company to satirical…
Business
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Macy’s on Monday said an employee responsible for managing accounting for small package deliveries concealed up to $154 million in expenses over the course of nearly three years. The person…
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Business
‘Wicked’ tallies $19M in previews, as ‘Gladiator II’ team-up heads for $200M opening weekend
by adminThe box office this weekend will be painted pink and green, with a splash of red. Universal’s “Wicked” and Paramount’s “Gladiator II” arrive ahead of the Thanksgiving holiday and are expected to tally…
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Amazon on Friday announced it would invest an additional $4 billion in Anthropic, the artificial intelligence startup founded by ex-OpenAI research executives. The new funding brings the tech giant’s total investment…
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Securities and Exchange Commission Chair Gary Gensler will resign on Jan. 20, the agency announced Thursday, paving the way for President-elect Donald Trump to select a replacement immediately. Gensler took…
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Business
CFPB expands oversight of digital payments services including Apple Pay and Cash App
by adminThe Consumer Financial Protection Bureau on Thursday issued a finalized version of a rule saying it will soon supervise nonbank firms that offer financial services likes payments and wallet apps. Tech giants and payments…
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McDonald’s is preparing 2025 value offerings in a bid to hang onto customers who are fed up with high costs at restaurants. The company is working on a new “McValue” approach…
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U.S. prosecutors have charged Gautam Adani, India’s second-richest person, with fraud over accusations that he and several alleged co-conspirators sought to pay $250 million in bribes to Indian officials. The…
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Target reported earnings Wednesday that came in far below Wall Street’s expectations, something the big-box retailer attributed to slower than expected demand. The company announced profits that fell short of…
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Business
Disney debuts its latest cruise ship, Treasure, as part of a plan to double its fleet by 2031
by adminThe Disney fleet is expanding. Next month, the Disney Treasure cruise ship will make its maiden voyage from Port Canaveral, Florida, to the Caribbean, officially becoming the sixth ship in the company’s…