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Investing

Boeing says it’s progressing on safety reforms and working with DOJ on revised plea deal

April 3, 2025
WASHINGTON — Boeing CEO Kelly Ortberg told senators on Wednesday that he’s happy with the company’s progress improving manufacturing and safety practices following several accidents, including…
Investing

Meta’s head of AI research announces departure

April 2, 2025
Meta’s head of artificial intelligence research announced Tuesday that she will be leaving the company.  Joelle Pineau, the company’s vice president of AI…
Investing

Restaurant chain Hooters files for bankruptcy protection to enable founder-led buyout

April 2, 2025
Restaurant chain Hooters of America filed for bankruptcy protection in Texas on Monday, seeking to address its $376 million debt by selling all of…
Investing

Elon Musk says backlash against his DOGE government cuts is hurting Tesla stock

April 2, 2025
Tesla CEO Elon Musk said Sunday that his involvement in the Trump administration could be hurting the automaker’s stock price. Speaking at a…
Investing

AMC bets on premium screens as Hollywood slate boasts big blockbuster titles

April 1, 2025
Hollywood’s blockbuster slate is heating up, and AMC Entertainment is increasing the number of its premium screens to meet demand. The world’s largest cinema chain is…
Investing

Amazon’s Nova AI agent launch puts it up against rivals OpenAI, Anthropic

April 1, 2025
Amazon on Monday released a new AI model that can take actions in a web browser on a user’s behalf, a move that puts it…
Investing

Trump commutes sentence of Ozy Media founder Carlos Watson

March 30, 2025
President Donald Trump commuted the criminal sentence of Ozy Media founder Carlos Watson on Friday, just hours before Watson was due to begin serving a 116-month prison term…
Investing

Lululemon shares drop 15% as CEO says inflation, economic concerns are weighing on spending

March 29, 2025
Lululemon beat Wall Street expectations for fiscal fourth-quarter earnings and revenue, but issued 2025 guidance that disappointed analysts. On an Thursday earnings call,…
Investing

Trump signs executive order to end collective bargaining at agencies involved with national security

March 29, 2025
President Donald Trump moved Thursday to end collective bargaining with federal labor unions in agencies with national security missions across the federal government,…
Investing

Robinhood CEO sees Amazon-like subscription model as path to ‘loyalty’ in financial services

March 29, 2025
Robinhood CEO Vlad Tenev is betting that by rolling out a large enough portfolio of digital investment products, more consumers will be willing…
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