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...
Category: 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...
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...
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...
Restaurant chain Hooters files for bankruptcy protection to enable founder-led buyout
Restaurant chain Hooters of America filed for bankruptcy protection in Texas on Monday, seeking to address its $376 million debt...
Amazon’s Nova AI agent launch puts it up against rivals OpenAI, Anthropic
Amazon on Monday released a new AI model that can take actions in a web browser on a user’s behalf, a...
AMC bets on premium screens as Hollywood slate boasts big blockbuster titles
Hollywood’s blockbuster slate is heating up, and AMC Entertainment is increasing the number of its premium screens to meet demand. The world’s...
Trump commutes sentence of Ozy Media founder Carlos Watson
President Donald Trump commuted the criminal sentence of Ozy Media founder Carlos Watson on Friday, just hours before Watson was due to begin serving...
Lululemon shares drop 15% as CEO says inflation, economic concerns are weighing on spending
Lululemon beat Wall Street expectations for fiscal fourth-quarter earnings and revenue, but issued 2025 guidance that disappointed analysts. On...
FCC is investigating Disney and ABC for DEI initiatives
The Federal Communications Commission has alerted the Walt Disney Company and its ABC unit that it will begin an investigation into...