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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…

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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…
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

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

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

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

FCC is investigating Disney and ABC for DEI initiatives

March 29, 2025
The Federal Communications Commission has alerted the Walt Disney Company and its ABC unit that it will begin an investigation into the diversity, equity and…
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

Oil executives bluntly criticize Trump tariffs and ‘drill, baby, drill’ mantra

March 28, 2025
Oil executives are warning that President Donald Trump’s tariffs and “drill, baby, drill” message have created uncertainty in energy markets that is already…
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