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Trump says ‘I’m for TikTok’ as potential US ban looms
Republican presidential candidate Donald Trump said he supports TikTok even as a potential ban looms if Chinese-parent company ByteDance fails to divest the short video app’s U.S. assets.
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Wall Street power brokers flock to famed chef's Four Twenty Five for 'power hour' after markets close
July 16, 2024 | 4:50pmThey come not only for the $25 cocktails and bar food that includes egg toast with caviar for $68, but also for the all-important face time needed to make a...
Elon Musk moving HQs of X and SpaceX to Texas after California's Newsom signs student gender identity law: 'Final straw'
July 16, 2024 | 4:41pmThe law blocks school districts from requiring teachers to notify parents about changes in a student’s gender identity or sexual orientation without the child’s permission.
Philip Morris to open $600M plant in Colorado to meet surging demand for Zyn nicotine pouches
July 16, 2024 | 4:39pmThe nicotine pouches have spiked in popularity among young adults and teens.
Tech titans at Sun Valley ditch deals to discuss Biden's cognitive decline, predict Trump victory
July 16, 2024 | 4:39pmThe elite tech conference at Sun Valley, Idaho, was overshadowed by panic about Joe Biden’s cognitive decline and anger at Jeffrey Katzenberg for propping him up.
Skechers sues L.L.Bean for allegedly copying patented shoe designs
July 16, 2024 | 4:19pmThe copycat shoe in question is LL Bean's Freeport casual shoe.
Silicon Valley cheers JD Vance VP pick as more tech billionaires back Trump
July 16, 2024 | 4:09pmWhile best known as author of the best-selling memoir “Hillbilly Elegy,” which detailed the plights and concerns of Rust Belt voters, Vance also has close ties to the tech industry.
Ozy Media founder convicted in fraud trial for lying to investors, fake deals with Google, Oprah
July 16, 2024 | 2:57pmFounded in 2013, Ozy imploded in 2021 after news reports questioned its audience numbers and revealed that a top executive had impersonated a YouTube executive during a call with Goldman Sachs bankers.
Tyson Foods heir pleads not guilty in drunk-driving arrest
July 16, 2024 | 1:31pmThis is not the first time the founder's great-grandson has brought Tyson Foods trouble.
Tesla posts 800 job openings after biggest round of layoffs in company history
July 16, 2024 | 1:17pmThe new job postings reflect CEO Elon Musk's emphasis on AI and robotics.
Dow soars more than 700 points, sending Wall Street to new highs on rate-cut hopes
July 16, 2024 | 11:41amThe Dow Jones Industrial Average continued to set record highs Tuesday, boosted by UnitedHealth's strong results and growing confidence that the Federal Reserve will cut interest rates in September.
NYC developer gets nearly $1B loan to build residential towers overlooking Hudson River
July 16, 2024 | 11:30amThe fresh financing -- believed to be the largest Manhattan residential-construction loan since before the pandemic -- means the full-block project will soon “go vertical” at the Hudson River site...
Tinder parent Match Group faces activist campaign from Starboard: 'Lack of innovation'
July 16, 2024 | 11:16amStarboard is in ongoing talks with Match Group and its board regarding ways to boost its profitability and cut costs, the activist fund’s boss Jeff Smith said in a letter.
Washington Post slammed for claiming pro-Trump billionaires shaped 'shooting narrative'
July 16, 2024 | 9:55am"The right-leaning business community on X, including Elon Musk and hedge fund billionaire Bill Ackman, used their megaphones to endorse Trump and fuel storylines about Saturday’s attack," the Washington Post...
Trump VP pick J.D. Vance supports Big Tech antitrust crackdown, has praised FTC chair
July 15, 2024 | 6:59pmVance is one of several Republican lawmakers, including Sen. Josh Hawley of Missouri and Florida Rep. Matt Gaetz, called "Khanservatives" for their agreement with the FTC chair that US antitrust...
Disney's internal communications leaked online after hack: report
July 15, 2024 | 5:15pmThe leaked information includes talks on managing Disney's corporate website, software development, job applicant evaluations among others, with the data spanning back to at least 2019, The Wall Street Journal reported.
How Amazon Prime Day -- the 'Black Friday of July' -- has transformed online shopping
July 15, 2024 | 3:59pmThe first aim of Prime Day was to solve a problem that has dogged retailers for ages: enticing consumers to shop during a historically slow buying season.
Fed's Powell condemns assassination attempt on Trump: 'Sad day for our country'
July 15, 2024 | 2:52pm"Political violence has no place in our society, and I condemn it in the strongest terms. I know we all do," Powell said at an event at the Economic Club...
NY Times editor defends editorial declaring Trump 'unfit to lead' following assassination attempt
July 15, 2024 | 2:40pmKingsbury claimed in an essay condemning political violence that the scathing op-ed printed before Saturday's failed assassination attempt on the Republican presidential frontrunner.
Wall Street CEOs including Jamie Dimon, David Solomon rip Trump assassination attempt: 'Horrible act'
July 15, 2024 | 2:27pmThe leaders of the largest US banks have echoed Trump and Biden's calls for unity following an attempted assassination on the former president.
Back-to-school spending will likely stay flat or drop as inflation persists: survey
July 15, 2024 | 1:23pmA Deloitte survey found parents will prioritize value and convenience this year while they hunt for back-to-school deals.