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Abercrombie expects a strong holiday quarter as growth run continues

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Abercrombie & Fitch is expecting a strong holiday shopping season, and the arrest of its former CEO Mike Jeffries for sex trafficking did not seem to hit sales.

Published: 2024-11-26 14:05:34

Senate report slams airlines for raking in billions in seat fees

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The Senate panel is calling airline executives to testify next week about their carriers' fees.

Published: 2024-11-26 14:01:26

Amgen says obesity drug caused up to 20% weight loss after a year, with no plateau

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The results shed light on how MariTide may measure up to weight loss injections from Novo Nordisk and Eli Lilly and other experimental treatments.

Published: 2024-11-26 14:20:58

Trump vows an additional 10% tariff on China, 25% tariffs on Canada and Mexico

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The president-elect plans to raise tariffs by an additional 10% on all Chinese goods coming into the U.S., according to a post on his social media platform Truth Social.

Published: 2024-11-26 04:56:31

Best Buy cuts full-year sales forecast due to softer demand for consumer electronics

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Best Buy is waiting for a wave of shoppers to replace old devices and upgrade to new, higher-tech ones after an approximately two-year sales slump.

Published: 2024-11-26 14:12:34

How Bluesky rose out of Twitter's ashes to challenge X and Threads

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Bluesky could be on the verge of a turning point if it continues rapidly attracting users and finds a way to monetize without scaring them off.

Published: 2024-11-26 13:45:55

Walmart pulls back on DEI efforts, removes some LBGTQ merchandise from website

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The big-box retailer, the nation's largest, joins a growing list of companies feeling the heat from conservative activists.

Published: 2024-11-26 02:57:36

Bitcoin slides toward $90,000 as ETFs snap positive streak

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Bitcoin's price retreated further from the psychologically important $100,000 milestone as investors booked profits from the token's post-U.S. election gains.

Published: 2024-11-26 14:30:16

Social media creators turn to subscription apps due to increasingly competitive, volatile content economy

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Many content creators are increasingly looking to monthly subscription platforms like Substack and Patreon for consistency in their monthly income. 

Published: 2024-11-26 13:00:01

59% of Americans consider this the No. 1 sign of success — it's not wealth

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About 59% of surveyed U.S. adults say the ability to spend money on things and activities that make them happy is the top sign of success, a report found.

Published: 2024-11-26 13:39:53

Republicans gear up for the coming battle over $5 trillion tax cut's costs

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Republicans are united on extending the 2017 tax cuts, but at odds on how to offset the cost.

Published: 2024-11-25 21:44:06

The 10 U.S. states with the highest average credit scores

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For the third year in a row, Minnesota residents have the highest average credit scores in the U.S., a recent report from WalletHub finds.

Published: 2024-11-26 14:00:01

Adani Group's troubles keep growing as financial and legal headwinds get stronger

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Adina Group's troubles are only growing as financial and legal headwinds get stronger

Published: 2024-11-26 13:59:14

How Elon Musk’s plan to slash government agencies and regulation may benefit his empire

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Donald Trump has said the Department of Government Efficiency would end government “bureaucracy,” relax “excess” regulations and cut “wasteful” expenditures.

Published: 2024-11-22 17:25:23

Starbucks baristas can't view their schedules after ransomware attack on vendor

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Starbucks baristas are not able to view and manage their schedules because of a ransomware attack on one of the company's vendors.

Published: 2024-11-25 20:56:37

Britain's finance watchdog sets out plan to implement crypto regulation regime by 2026

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The U.K.'s Financial Conduct Authority (FCA) unveiled a timeline detailing key dates and milestones it's working toward on its regulatory roadmap for crypto.

Published: 2024-11-26 12:48:06

Zoom surpasses expectations and calls for another quarter of single-digit growth

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Zoom's business is still growing, but not nearly at the rate of expansion during the Covid-19 pandemic.

Published: 2024-11-25 23:22:44

39-year-old self-made millionaire: 3 habits help me build wealth and succeed as an introvert

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Crush Your Money Goals founder and self-made millionaire Bernadette Joy is an introvert. Here's how she successfully promotes herself and her work online.

Published: 2024-11-26 12:15:01

Banco BPM says UniCredit's 'unusual' $10.5 billion takeover offer does not reflect its profitability

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UniCredit offered to snap up Banco BPM for roughly $10.5 billion on Monday.

Published: 2024-11-26 13:01:40

San Francisco Mayor-elect Daniel Lurie taps OpenAI's Sam Altman and other business leaders for help with transition

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San Francisco's Mayor-elect, Daniel Lurie, has begun tapping tech heavyweights and business leaders to help with his goal of overhauling the city's image.

Published: 2024-11-25 21:44:44

Kohl's CEO Tom Kingsbury to step down in January, to be replaced by Michaels CEO Ashley Buchanan

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Kohl's CEO Tom Kingsbury is stepping down on Jan. 15, to be replaced by current Michaels CEO Ashley Buchanan.

Published: 2024-11-25 21:43:24

Huawei launches first phones capable of running its new self-developed operating system

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Huawei launched the Mate 70, Mate 70 Pro and Mate 70 Pro+ and foldable Mate X6 on Tuesday that can run HarmonyOS NEXT, its self-developed operating system.

Published: 2024-11-26 09:36:48

Tim Cook and other U.S. executives attend China expo, meet officials as Trump tariff threat looms

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A number of high-profile American business leaders are in China this week for the country's second annual international supply chain expo, including Apple's Tim Cook.

Published: 2024-11-26 07:08:57

How tech bros bought 'America's most pro-crypto Congress ever'

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Crypto showed up in force this election cycle, raising tens of millions to vote out the industry's critics and vote in its friends.

Published: 2024-11-25 15:21:46

Orange partners with OpenAI, Meta to develop custom African-language AI models

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Orange is working with OpenAI and Meta to build custom AI models that can understand West African languages not understood by most conversational systems.

Published: 2024-11-26 11:00:01

Video platform Rumble plans to buy up to $20 million in bitcoin in new treasury strategy

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Conservative video platform Rumble said it will begin allocating some of its excess cash reserves to bitcoin and could buy up to $20 million in the crypto.

Published: 2024-11-26 01:47:37

Intel and Commerce Department close to finalizing roughly $8 billion CHIPS Act grant, source says

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The struggling chipmaker has cut jobs and pared back expansion plans as it grapples with its worst downturn ever, making the CHIPS Act money a welcome boost.

Published: 2024-11-25 16:55:52

Banana auction billionaire's $30 million investment in Trump's crypto token highlights new ways to enrich president-elect

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Billionaire Justin Sun, who paid $6.2 million for a banana at auction, has invested $30 million into Donald Trump's crypto venture token.

Published: 2024-11-26 04:06:38

Gold plunges 3% as Trump Treasury pick and potential Israel-Hezbollah truce fuel risk-on mood

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A potential Israel-Hezbollah ceasefire agreement and Bessent's appointment were the key contributors to the bullion selloff, experts said. 

Published: 2024-11-26 03:22:07

Heathrow boss says 2025 to bring final decision on controversial third runway

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Thomas Woldbye told the Airlines 2024 conference he expected a final decision "one way or another" on the long-running project by the end of 2025.

Published: 2024-11-26 08:26:29

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