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    1041 posts
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    Skechers to be acquired by 3G Capital in take-private deal, shares soar 25%

    • May 6, 2025
    Footwear giant Skechers has agreed to be acquired by private equity firm 3G Capital for $63 per share, ending its nearly three-decade run as a public company, the retailer announced Monday. The…
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    Temu halts shipping direct from China as de minimis tariff loophole is cut off

    • May 4, 2025
    Chinese bargain retailer Temu changed its business model in the U.S. as the Trump administration’s new rules on low-value shipments took effect Friday. In recent days, Temu has abruptly shifted its website…
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    Jeff Bezos discloses plan to sell up to $4.8 billion in Amazon stock

    • May 3, 2025
    Amazon founder Jeff Bezos plans to sell up to 25 million shares in the company over the next year, according to a financial filing on Friday. Bezos, who stepped down as CEO in 2021…
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    Netflix stock is trading at all-time high levels in unprecedented win streak

    • May 3, 2025
    Netflix is on a winning streak. The streaming giant’s stock has traded for 11 straight days without a decline, the company’s longest positive run ever. Its previous record was a nine-day…
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    Data center boom in world’s largest market isn’t slowing down, Dominion Energy says

    • May 2, 2025
    Data center demand is not slowing down in the world’s largest market centered in northern Virginia, executives at Dominion Energy said Thursday. Dominion provides electricity in Loudoun County, nicknamed “Data Center Alley” because…
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    Tesla denies report it’s looking to replace Elon Musk

    • May 2, 2025
    Shares of Tesla were flat in premarket trading Thursday after the EV maker denied a Wall Street Journal report that its board was searching for a replacement for chief executive Elon Musk.…
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    Nvidia says Anthropic is telling ‘tall tale’ in its defense of U.S. AI chip restrictions on China

    • May 2, 2025
    Nvidia blasted Anthropic Thursday in a rare public clash over artificial intelligence policy with U.S. chip export restrictions set to take effect. “American firms should focus on innovation and rise to the challenge, rather than tell tall…
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    Amazon is stepping up to fill a gap in Hollywood’s movie slate

    • May 1, 2025
    Tech is saving Hollywood — though not in the way you might think. Back in 2022, e-commerce giant and relative upstart movie studio Amazon promised to spend around $1 billion each year on…
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    Consumers are not lovin’ it: McDonald’s has its worst quarter since 2020

    • May 1, 2025
    McDonald’s reported its worst quarterly sales for the United States since the height of the pandemic in 2020, the latest restaurant chain to be affected by America’s turbulent economic environment.…
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    Tesla denies report that the EV maker is looking to replace Elon Musk

    • May 1, 2025
    Shares of Tesla were flat in premarket trading Thursday after the EV maker denied a Wall Street Journal report that its board was searching for a replacement for chief executive Elon Musk.…
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      Popular Topics
      • Israel strikes at the heart of Iran’s nuclear ambitions in Isfahan offensive
      • Time for Israel to take out ‘head of the snake,’ target members of Iranian regime, says former IDF intel chief
      • Israel attacked three key Iranian nuclear facilities. Did it strike a decisive blow?
      • Israeli official vows ‘We have more surprises coming up’ for Iran following wave of airstrikes
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