Starbucks announced Tuesday that Nordstrom CFO Cathy Smith will join the company as its new chief financial officer, replacing longtime veteran Rachel Ruggeri. The executive change…
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Business
How a $5 million fix turned Paramount Pictures’ ‘Sonic’ into a billion-dollar franchise
by adminSonic the Hedgehog may be able to run faster than the speed of light, but his film franchise nearly came to a screaming…
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Business
DOGE plans to wind down consumer protection agency and fire nearly all staff, employees say
by adminThe Consumer Financial Protection Bureau’s Trump-appointed leadership plans to fire nearly all its 1,700 employees while “winding down” the agency, according to testimony from…
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When the Los Angeles wildfires swept through Southern California in January, Barbara Shay lost much more than the building housing the cafe she…
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Business
Treasury ends enforcement of business ownership database meant to stop shell company formation
by adminThe U.S. Treasury Department announced it will not enforce a Biden-era small business rule intended to curb money laundering and shell company formation. In a Sunday evening…
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Kroger Chairman and CEO Rodney McMullen has resigned after an internal investigation into his personal conduct. Kroger, the nation’s largest grocery chain, said…
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Business
Treasury Dept. will not enforce ownership information reporting for millions of businesses
by adminThe U.S. Department of the Treasury on Sunday announced it won’t enforce the penalties or fines associated with the Biden-era “beneficial ownership information,” or BOI, reporting…
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Business
Musk says he’s sending Starlink tech to FAA while asserting, without evidence, that air safety is at risk
by adminElon Musk said Thursday that he’s sending his Starlink satellite internet terminals to the Federal Aviation Administration while saying, without providing evidence, that current…
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The egg aisle is anything but cheaper by the dozen these days — and that’s becoming a big problem ahead of the Easter…
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Business
Nvidia CEO Huang says AI has to do ‘100 times more’ computation now than when ChatGPT was released
by adminNvidia CEO Jensen Huang said next-generation AI will need 100 times more compute than older models as a result of new reasoning approaches that…