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Starbucks gives new CEO company jet to fly from Calif. mansion to Seattle HQ
August 23, 2024 | 11:17pmStarbucks has given its new CEO Brian Niccol a corporate jet to make the super commute from his southern California mansion to the company's Seattle headquarters, according to a report....
Edgar Bronfman's Paramount bid could keep Shari Redstone involved at company: report
August 23, 2024 | 6:53pmEdgar Bronfman submitted a $6 billion bid for Paramount's parent this week.
Crypto firms flex political muscle with more than $100M in political donations
August 23, 2024 | 5:49pmCryptocurrency corporations dished out more than $119 million in political donations, according to a new report.
CNBC host slams Elizabeth Warren over her defense of price-gouging ban: 'fallacious, misleading'
August 23, 2024 | 4:53pmCNBC anchor Joe Kernen called Sen. Elizabeth Warren's arguments "fallacious" and "misleading."
Target's sales bounced back after closing crime-prone stores -- and other chains could do the same
August 23, 2024 | 4:26pmRetailers may begin shuttering stores in high-crime areas, which could create retail deserts.
Meta halts plans for high-end mixed-reality headset meant to compete with Apple: report
August 23, 2024 | 1:35pmMeta's Reality Labs division, responsible for developing and marketing the Quest line of headsets, has incurred billions in losses.
DOJ accuses tech firm of colluding with landlords to hike rents nationwide
August 23, 2024 | 1:35pmThis is the first time the federal government has taken antitrust action against a tech company for allegedly using software algorithms to set prices.
Calif. Dem defends 'disastrous' $250M Google deal with newspapers: 'We want something, or nothing?'
August 23, 2024 | 1:02pmAssemblymember Buffy Wicks led negotiations on the nearly $250 million deal, which allowed Google and other Big Tech firms to escape comprehensive legislation that could have forced them to share...
Wall Street analysts rip feds over botched release of revised jobs numbers: 'Just atrocious'
August 23, 2024 | 12:25pmThe Bureau of Labor Statistics said that 818,000 fewer jobs were created in the 12 months span between April of last year and March of this year.
Powell's big rate announcement has Wall Street cheering
August 23, 2024 | 12:06pmAll three indexes posted their second straight week of gains.
'Woke' Harley-Davidson CEO destroyed biker 'brotherhood,' fans say: 'Stabbed us in the back'
August 23, 2024 | 10:48am"They lost their human touch. That’s the best way to put it," longtime Harley-Davidson biker "Horseshoe" Johnny Hennings said.
Fast food giant launching deal to draw back inflation-battered customers — but there's a catch
August 23, 2024 | 10:20amIt’s not $5, but customers will save big on subs that currently sell for as much as $14.
Federal Reserve Chair Jerome Powell says 'the time has come' to cut interest rates
August 23, 2024 | 10:14amWith inflation nearly defeated and the job market cooling, the Federal Reserve is prepared to start cutting its key interest rate from its current 23-year high, Chair Jerome Powell said...
Wall Street titans, including Bill Ackman, to host $200K-per-head events in Hamptons mansions
August 23, 2024 | 9:50amBill Ackman, Ken Griffin and Julia Koch are reportedly set to open up their respective mansions in the Hamptons to host events for the Milken Institute next week.
Ex-Peloton CEO John Foley gets real about company crash — and his unexpected venture into home decor
August 23, 2024 | 6:00amJohn Foley founded Peloton, watched it soar during the pandemic — and lived through its "brutal" fall. Now he's back with a surprising business.
David Ellison's Skydance demands Paramount stop talks with Edgar Bronfman
August 22, 2024 | 6:54pmBronfman Jr. sweetened his bid to take over Paramount offering $6 billion for its controlling shareholder National Amusements and a minority stake in Paramount.
Musk's Grok AI is flooding the internet with wacky -- and sometimes disturbing -- 'deepfake' images
August 22, 2024 | 5:59pmElon Musk’s Grok AI chatbot is flooding the web with "deepfake" images of everyone from Donald Trump and Kamala Harris to Taylor Swift and Musk himself – and the results...
ATM fees hit record high in US — these are the cities where you'll pay the most
August 22, 2024 | 4:56pmGetting cash from an ATM that is outside a consumer's network is more expensive than ever, and in some U.S. cities, the average cost of accessing paper money is more than...
Bezos buys 4th private jet for $80M that flies near the speed of sound: report
August 22, 2024 | 3:59pmThe $80 million aircraft that will ferry Bezos around is a Gulfstream G700, the luxury business jet manufactured by Gulfstream Aerospace.
West Virginia gov's historic Greenbrier hotel avoids foreclosure as he runs for Senate
August 22, 2024 | 3:08pmThe family of West Virginia Gov. Jim Justice has reached an agreement to avoid the foreclosure of their historic hotel as he runs for Senate.