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Shein is investigating after unknowingly using a photo of Luigi Mangione, accused of murdering UnitedHealthcare CEO Brian Thompson, to model a shirt on their website. The image, sourced from a third-party vendor, was qui…
American Bitcoin, a Nasdaq-listed company co-founded by Eric Trump, is making waves in the crypto world. This bitcoin treasury and mining company, resulting from a merger with Gryphon Digital Mining, aims to leverage sel…
Chinese automakers are challenging luxury brands like Bentley, Rolls-Royce, and Maybach. While these European brands rely on heritage and craftsmanship, Chinese companies are rapidly advancing in technology and manufactu…
Macy's exceeded Wall Street's expectations in its second-quarter earnings, reporting adjusted earnings per share of 41 cents versus the expected 18 cents. Revamped stores and a resilient consumer boosted sales, leading t…
Google avoided a major breakup after a US antitrust case. The Department of Justice wanted Google to divest its Chrome browser, but a judge ruled against this. Google can still pay companies like Apple to be the default …
Disney will pay a $10 million fine for violating children's online privacy laws. The Federal Trade Commission (FTC) accused Disney of failing to properly label YouTube videos as "Made for Kids," allowing data collection …
Air Lease Corp., a major player in aircraft financing, is being acquired for $7.4 billion by a group including Sumitomo Corp., SMBC Aviation Capital, Apollo Global Management, and Brookfield Asset Management. Investors w…
Air Lease Corporation, a major aircraft leasing firm, is being acquired for $7.4 billion by a group of investors led by Sumitomo and SMBC Aviation Capital. This deal, representing a significant consolidation in the indus…
Starbucks is launching protein-packed cold foam and lattes on September 29th, capitalizing on the growing consumer demand for protein. A third of US consumers now favor high-protein options, a significant increase from t…
Russia and China signed a deal to build the Power of Siberia 2 gas pipeline, supplying 50 billion cubic meters of gas annually for 30 years. This strengthens their commercial ties and signals defiance to the West, as Rus…
Kraft Heinz, a massive food company formed by a 2015 merger, is splitting into two. One company will focus on shelf-stable foods like Heinz ketchup and Kraft Mac & Cheese, while the other will handle groceries such as Os…
Suntory Holdings CEO Takeshi Niinami resigned after police searched his home for illegal drugs. The 66-year-old is suspected of violating laws by purchasing a cannabis-containing supplement. Niinami denies the allegation…
Venture capital investment in space technology is booming, reaching $4.5 billion in 2024, a fourfold increase from the previous year. This surge is driven by reduced launch costs, new applications like climate monitoring…
Dick Portillo, founder of the billion-dollar Portillo's hot dog chain, sold his company in 2014 but regrets it. He later bought back some locations and built a new real estate empire. Starting with $1,100, he created a h…
Asian markets dipped following a US tech slump, with chipmakers like Samsung and SK Hynix suffering significant losses after US sanctions on China. The Nikkei fell 1.6%, while the MSCI Asia Pacific Index edged down 0.1%.…
Google's parent company, Alphabet, experienced a data breach affecting its Salesforce database, exposing sensitive data. While Gmail accounts weren't directly compromised, the leak triggered phishing attacks. Alphabet's …
Filmmaker Jim Jarmusch expressed discomfort over his distributor Mubi's financial ties to Sequoia Capital, a private equity firm investing in Israeli defense technology. Hundreds of filmmakers, including Jarmusch, signed…
The stock market's recent rally faces a crucial test in the coming weeks. Key economic indicators, including jobs reports, inflation data, and the Federal Reserve's interest rate decision, will determine its fate. These …
Several US states are imposing new taxes on luxury homes, aiming to boost revenue. Rhode Island's tax, dubbed the "Taylor Swift Tax," significantly increases property taxes on second homes over $1 million, impacting weal…
Labor Day weekend is a huge shopping event with massive discounts from major retailers like Amazon and Best Buy. Deals on home goods, tech, fashion, and more are available, potentially the best prices until Black Friday.…
Labor Day weekend brings huge sales! Many deals on electronics and other items are available, but some of the best are under $100. This includes popular items like the latest Kindle, entry-level AirPods, and a Google TV …
Despite strong AI growth, symbolized by Nvidia's record profits, investor concerns linger. While Nvidia's success and the overall tech sector's gains (S&P 500 up nearly 10%, Nasdaq over 11%) are driven by AI investments,…
President Trump ended a trade law allowing duty-free imports under $800. This impacts businesses globally, causing supply chain disruptions and price hikes for consumers. Companies like Tapestry and Lululemon face signif…
Cracker Barrel, facing backlash from right-wing influencers over a logo change and its LGBTQ+ and DEI initiatives, quietly removed its Pride page and references to employee resource groups from its website. The company c…
A union election at Kentucky's BlueOval SK battery plant is undecided due to 41 disputed ballots. The United Auto Workers (UAW) initially claimed victory with 526 votes to 515, but the outcome hinges on the challenged ba…