Delta Air Lines saw its shares decline Monday following the airline’s reduction of its profit forecast for the year based on increased fuel costs and […]
Category: Business
Google Faces DOJ Antitrust Lawsuit, Potential Breakup Over Alleged Monopoly Practices
Google’s parent company, Alphabet, is facing increasing pressure as the U.S. Department of Justice (DOJ) is pushing for the breakup of the technology giant in […]
David Sacks: U.S. Missed Chance to Make Bitcoin a Reserve Asset
Tech investor and entrepreneur David Sacks has blasted the U.S. government for missing out on Bitcoin’s promise as a reserve asset, saying that the failure […]
Federal Workers’ Salaries Make Up Less Than 5% of Federal Spending
Federal employees’ pay accounts for a surprisingly minor share of the U.S. government’s total expenditures, totaling less than 5% of the federal budget and merely […]
Gap Shares Surge 12% as Retailer Exceeds Expectations Again
Gap Inc. shares rose 12% after the company reported its latest earnings, again beating Wall Street estimates. The retailer’s success highlights the success of its […]
Target Faces Boycott Calls Over Partnership with Pastor Jamal Bryant
Target is facing mounting criticism and boycott calls after it unveiled a tie-up with Pastor Jamal Bryant, one of the prominent religious leaders and activists. […]
BlackRock Agrees to Buy Panama Canal Ports Amid Trump’s Continued Threats
BlackRock, the globe’s biggest asset manager, agreed to purchase crucial ports in the Panama Canal, a decision with wide implications for world commerce and geopolitics. […]
Goldman Sachs Plans Layoffs Targeting Underperformers
Goldman Sachs is planning to cut a substantial number of underperforming staff as part of its most recent cost-saving exercise, said sources close to the […]
CFPB Drops Lawsuit Against Zelle Over Fraud Disputes
The Consumer Financial Protection Bureau (CFPB) has dismissed a suit against the digital payments company Zelle for not doing sufficient to prevent fraudulent transactions. This […]
TSMC and Trump Discuss Major Chipmaking Investment in the U.S.
Former President Donald Trump recently sat down with the leaders of Taiwan Semiconductor Manufacturing Company, TSMC, the world’s top chip maker, in a heightened bid […]