Economy
How Fanatics is teaching business acumen to pro athletes
Sports merchandising giant Fanatics is aiming to build a training camp for athletes to prepare them for life off the...
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Apple sued by shareholders who allege it overstated AI progress
Apple was sued on Friday by shareholders in a proposed securities fraud class action that accused it of downplaying how...
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Walmart to pay $10 million to settle lawsuit over money transfer fraud
Walmart has agreed to pay $10 million to settle a Federal Trade Commission civil lawsuit accusing the world’s largest retailer...
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Tesla agrees to first deal to build China’s largest grid-scale battery power plant
Tesla has inked its first deal to build a grid-scale battery power plant in China amid a strained trading relationship...
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Oil prices rise more than 1% as Israel vows to intensify attacks on Iran
Crude oil futures rose more than 1% on Thursday, after Prime Minister Benjamin Netanyahu ordered Israel’s military to intensify attacks...
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Apple looking to make ‘premium’-priced folding iPhones starting next year, analyst says
Apple has plans to make a folding iPhone starting next year, reliable analyst Ming-Chi Kuo said on Wednesday. Kuo said...
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DOJ seizes record $225 million in crypto tied to global ‘pig butchering’ scams
The Justice Department announced Wednesday the largest-ever U.S. seizure of cryptocurrency linked to so-called “pig butchering” scams that have cost...
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Amazon expects to cut corporate jobs as it relies more on AI
Amazon CEO Andy Jassy said Tuesday that the company expects artificial intelligence ‘will reduce our total corporate workforce as we...
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