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Categories Editor's Pick

SEC issues summons for Gautam Adani, nephew on bribery allegations

Author November 25, 2024

The U.S. Securities and Exchange Commission has issued a summons to Indian billionaire Gautam Adani, indicted on U.S. bribery allegations related to a bombshell federal

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Categories Editor's Pick

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

Author November 24, 2024

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 the

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Categories Editor's Pick

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

Author November 23, 2024

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

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Categories Editor's Pick

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

Author November 22, 2024

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

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Categories Editor's Pick

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

Author November 22, 2024

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

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Categories Editor's Pick

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

Author November 21, 2024

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

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Categories Editor's Pick

McDonald’s preparing a 2025 ‘McValue’ offering

Author November 21, 2024

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

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Categories Editor's Pick

Target stock falls 21% as big discounting effort falls short

Author November 21, 2024

Target reported earnings Wednesday that came in far below Wall Street’s expectations, something the big-box retailer attributed to slower than expected demand. The

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Categories Editor's Pick

Disney debuts its latest cruise ship, Treasure, as part of a plan to double its fleet by 2031

Author November 20, 2024

The Disney fleet is expanding. Next month, the Disney Treasure cruise ship will make its maiden voyage from Port Canaveral, Florida, to the Caribbean, officially

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Categories Editor's Pick

Comcast announces plan to spin off cable channels, including MSNBC, CNBC and USA

Author November 20, 2024

Comcast announced a plan Wednesday to spin off most of its cable television networks into a separate publicly traded company. The new company

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