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Investing

Capital One and Discover merger approved by Federal Reserve

April 19, 2025

Capital One Financial’s application to acquire Discover Financial Services in a $35.3 billion all-stock deal has officially been approved by the Federal Reserve and the Office of the Comptroller…

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Investing

Hermès to hike U.S. prices for iconic bags and scarves in response to Trump tariffs

April 18, 2025
French luxury group Hermès will raise its U.S. prices from the start of May in order to offset the impact of President Donald Trump’s…
Investing

Target CEO to meet with Rev. Al Sharpton as civil rights groups threaten boycotts over DEI

April 18, 2025
Target CEO Brian Cornell will meet with the Rev. Al Sharpton this week in New York as the retailer faces calls for a…
Investing

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

April 17, 2025
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

April 17, 2025
OpenAI is in talks to pay about $3 billion to acquire Windsurf, an artificial intelligence tool for coding help, CNBC has confirmed….
Investing

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

April 16, 2025
Hertz is notifying customers that a data hack late last year may have exposed their personal data. The rental-car giant said an…
Investing

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

April 16, 2025
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

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

April 13, 2025
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

April 7, 2025
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

April 7, 2025
Warren Buffett went on the record Friday to deny social media posts after President Donald Trump shared on Truth Social a fan…
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