Posted inEconomy
Bumble shares jump 26% as dating company plans to axe 30% of workforce
Bumble shares rallied more than 26% on Wednesday after the dating app company revealed in…
Posted inEconomy
Divided Fed proposes rule to ease capital requirements for big Wall Street banks
The Federal Reserve on Wednesday proposed easing a key capital rule that banks say has…
Posted inEconomy
Women’s Tennis Association extends media rights deal with Tennis Channel through 2032
The Tennis Channel is extending its deal with the Women’s Tennis Association that will see…
Posted inEconomy
Small-business AI use is lagging, but one firm is channeling Sherlock Holmes and knocking out ‘grunt work’
Chris Schwegmann is getting creative with how artificial intelligence is being used in law. At…
Posted inEconomy
Nvidia CEO Huang sells $15 million worth of stock, first sale of $873 million plan
Nvidia CEO Jensen Huang sold 100,000 shares of the chipmaker’s stock on Friday and Monday,…
Posted inEconomy
How Fanatics is teaching business acumen to pro athletes
Sports merchandising giant Fanatics is aiming to build a training camp for athletes to prepare…
Posted inEconomy
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…
Posted inEconomy
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…
Posted inEconomy
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…
Posted inEconomy
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…