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Temu slashes U.S. ad spending, plummets in App Store rankings after Trump China tariffs

Chinese online retailer Temu, whose “Shop like a billionaire” marketing campaign made its way to last year’s Super Bowl, has dramatically slashed its…
Investing

OpenAI in talks to pay about $3 billion to acquire AI coding startup Windsurf

OpenAI is in talks to pay about $3 billion to acquire Windsurf, an artificial intelligence tool for coding help, CNBC has confirmed….
Investing

Universal’s new Epic Universe park set to generate $2 billion for Florida in year one

Epic things are coming to Orlando. In a little more than a month, Universal will officially open the doors of its newest theme park,…
Investing

Hertz says 2024 hack exposed some customers’ driver license and credit card data

Hertz is notifying customers that a data hack late last year may have exposed their personal data. The rental-car giant said an…
Investing

Cash App owner Block pays $40 million in settlement over ‘serious compliance deficiencies’

New York state’s top financial regulator struck a $40 million settlement Thursday with Block Inc., the parent of Cash App, the popular…
Investing

Retirees ‘stunned’ as market turmoil over tariffs shrinks their 401(k)s

Americans nearing retirement and recent retirees said they were anxious and frustrated following a second day of market turmoil that hit their…
Investing

Buffett denies rumors after Trump shares wild claim that investor backs president crashing market

Warren Buffett went on the record Friday to deny social media posts after President Donald Trump shared on Truth Social a fan…
Investing

Trump’s massive 46% Vietnam tariffs could hit Nike, American Eagle and Wayfair

Retailers and brands have turned to Vietnam to manufacture goods from sneakers to couches while moving some or all production out of…
Investing

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

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

United Airlines adds Thailand, Vietnam and Australia flights in latest expansion

United Airlines plans to add daily flights to Vietnam and Thailand in October, further expanding the network for the U.S. carrier that already…
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