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Investing

Judge says he must still approve sale of Infowars to The Onion

A federal judge said Monday he may hold an evidentiary hearing next month to help determine whether to approve the sale of…
Investing

Macy’s says employee hid up to $154 million in expenses since 2021

Macy’s on Monday said an employee responsible for managing accounting for small package deliveries concealed up to $154 million in expenses over…
Investing

Gov. Gavin Newsom says he will provide residents rebates if Trump removes EV tax credit

California Gov. Gavin Newsom said the state will provide rebates to residents if President-elect Donald Trump’s incoming administration does away with a…
Investing

‘Wicked’ tallies $19M in previews, as ‘Gladiator II’ team-up heads for $200M opening weekend

The box office this weekend will be painted pink and green, with a splash of red. Universal’s “Wicked” and Paramount’s “Gladiator II” arrive ahead of…
Investing

Amazon to invest another $4 billion in Anthropic, OpenAI’s biggest rival

Amazon on Friday announced it would invest an additional $4 billion in Anthropic, the artificial intelligence startup founded by ex-OpenAI research executives. The…
Investing

SEC Chair Gary Gensler will step down Jan. 20, making way for Trump replacement

Securities and Exchange Commission Chair Gary Gensler will resign on Jan. 20, the agency announced Thursday, paving the way for President-elect Donald…
Investing

CFPB expands oversight of digital payments services including Apple Pay and Cash App

The Consumer Financial Protection Bureau on Thursday issued a finalized version of a rule saying it will soon supervise nonbank firms that offer financial services likes…
Investing

McDonald’s preparing a 2025 ‘McValue’ offering

McDonald’s is preparing 2025 value offerings in a bid to hang onto customers who are fed up with high costs at restaurants. The…
Investing

India’s 2nd-wealthiest person charged by U.S. in $250 million bribery scheme

U.S. prosecutors have charged Gautam Adani, India’s second-richest person, with fraud over accusations that he and several alleged co-conspirators sought to pay…
Investing

Mike Tyson, Jake Paul fight was the most streamed sporting event ever, Netflix says

Friday’s anticipated boxing match between former heavyweight champion Mike Tyson and YouTuber-turned-boxer Jake Paul will be remembered for more than its unique…
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