Latest news →Find published stories by month and topic.
Walmart confirmed that cake decorators are its highest-paid hourly employees outside of management, earning an average of $19.25 per hour. Over 6,000 decorators nationwide create over 150,000 cakes weekly. The job involv…
China's control over critical minerals, particularly rare earths, proved a key bargaining chip in recent US-China trade talks. While both sides claim progress toward a deal involving easier access to these minerals for U…
Costco is considering extending its store hours after a successful trial of longer gas station hours. CEO Ron Vachris cited positive customer response to the extended gas station hours, leading to record fuel sales. The …
A cybersecurity incident at United Natural Foods (UNFI), Whole Foods' primary distributor, is causing widespread product shortages at Whole Foods stores. UNFI's nationwide technology outage, affecting order selection and…
Disney and Universal are suing Midjourney, an AI image generation startup, for copyright infringement. The studios allege Midjourney's technology generates unauthorized copies of their intellectual property, citing numer…
Former Starbucks CEO Howard Schultz enthusiastically endorsed current CEO Brian Niccol's "back to Starbucks" strategy at a recent leadership event. Niccol, who replaced Schultz's handpicked successor, is focusing on rest…
US and European stock futures dipped, while Asian shares saw a modest rise, following inconclusive US-China talks. The lack of concrete details dampened recent market gains. The dollar strengthened slightly, and Treasuri…
US and China reached a framework agreement in London to extend their trade truce, addressing American concerns about Chinese export restrictions on rare earth minerals. Following two days of intense negotiations, the fra…
Intel's stock surged over 8% despite reports that Apple's MacOS Tahoe will be the last version supporting Intel processors in Macs. This marks the end of a five-year transition by Apple to its own chips. However, positiv…
Federal authorities raided Ambiance Apparel, a Los Angeles clothing company, arresting over 40 immigrant workers, including floor manager Jose Ortiz. Families protested, citing lack of contact and due process concerns. A…
Wall Street CEOs are expressing increasing concern over the economic impact of President Trump's tariffs. Initially in denial, they've progressed through stages of anger and depression, mirroring the Kübler-Ross model of…
The UK government has approved £14.2 billion in funding for the Sizewell C nuclear power plant in Suffolk. This project is expected to create 10,000 jobs and power six million homes, contributing to the government's clea…
Chipotle Mexican Grill is launching Adobo Ranch, a new spicy ranch dressing, to combat a recent sales decline. The new dip, costing $0.75 extra, is their first since 2020 and aims to attract customers amid economic conce…
Wise's move to a US primary stock listing highlights a concerning trend for the London market. A new US tax bill (Section 899) threatens to penalize foreign-owned firms domiciled in countries with "unfair foreign taxes,"…
Metaplanet, a Japanese investment firm, saw its stock price surge over 12% after announcing a plan to acquire 210,000 Bitcoin by 2027, a significant increase from its previous target. This $5.4 billion investment aims to…
Asian stocks surged Monday, boosted by optimism surrounding upcoming US-China trade talks. A regional stock gauge climbed 0.9%, with Hong Kong shares rising 1.2% and poised to enter a bull market. Technology stocks also …
Westinghouse, a US nuclear developer, is in talks with US officials to deploy 10 large nuclear reactors by 2030, aligning with President Trump's executive orders aiming to quadruple nuclear energy capacity by 2050. The c…
A British passenger, Benjamin Till, faced humiliation and legal issues after EasyJet deemed his carry-on bag oversized due to wheel inclusion, despite meeting advertised dimensions. This incident highlights widespread co…
Increased tariffs on aluminum and steel are impacting Pennsylvania's Lincoln Recycling. While initially seeing a slight boost due to higher commodity prices, the fluctuating market and uncertainty surrounding tariffs hav…
Slate Auto, an electric vehicle startup backed by Jeff Bezos, is building its vehicles in a Michigan facility before moving to a larger Indiana plant. They're currently producing over 70 two-seat, two-door electric picku…
The S&P 500 surged 1% on Friday, boosted by a strong jobs report exceeding expectations and easing tariff-related concerns. Palantir saw a 6.5% jump, fueled by robust AI demand. Conversely, Lululemon plummeted 19.8% afte…
Major US stock indexes enjoyed their best monthly start of the year, fueled by a positive May jobs report showing 139,000 new nonfarm jobs. The S&P 500 surpassed 6000, and all three major indexes—S&P 500, Dow Jones, and …
Wall Street rallied this week on hopes of a less aggressive stance from President Trump on the trade war with China. Following a phone call between Trump and Xi Jinping, US and Chinese trade representatives are scheduled…
Amazon's retail division is freezing its hiring budget for 2025, maintaining a "flat headcount opex" compared to 2024. This affects corporate employees only, excluding warehouse and AWS staff. The shift from headcount to…
Stocks fell Thursday, with the Dow down 0.3%, S&P 500 down 0.5%, and Nasdaq down 0.8%. A public spat between President Trump and Elon Musk caused Tesla shares to plummet 14%. Trade data showed a narrower-than-expected tr…