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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…

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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…
Investing

Chinese tea chain Chagee files for U.S. initial public offering

March 27, 2025
Chinese tea chain Chagee filed for a U.S. initial public offering on Tuesday, seeking to trade on the Nasdaq using the ticker…
Investing

Dollar Tree says it’s winning over higher-income shoppers and may offset tariffs with price hikes

March 27, 2025
Dollar Tree said Wednesday that it’s gaining market share with higher-income consumers and could raise prices on some products to offset President Donald Trump’s tariffs….
Investing

23andMe files for bankruptcy as co-founder Anne Wojcicki resigns as CEO

March 25, 2025
Embattled genetic testing company 23andMe, once valued at $6 billion, filed for Chapter 11 bankruptcy protection in Missouri federal court on Sunday night….
Investing

Bitcoin is just another tech stock, not a market hedge, study shows

March 25, 2025
Bitcoin is more closely correlated to the Nasdaq than it is to gold most of the time, and investors could benefit from viewing…
Investing

Nvidia CEO says he was wrong about timeline for quantum, surprised his comments hurt stocks

March 22, 2025
Nvidia CEO Jensen Huang on Thursday walked back comments he made in January, when he cast doubt on whether useful quantum computers would…
Investing

Nvidia’s CEO did a Q&A with analysts. What he said and what Wall Street thinks about it.

March 21, 2025
Investors have closely watched Nvidia’s week-long GPU Technology Conference (GTC) for news and updates from the dominant maker of chips that power artificial…
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