Macy’s on Monday said an employee responsible for managing accounting for small package deliveries concealed up to $154 million in expenses over the…
Business
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Business
Gov. Gavin Newsom says he will provide residents rebates if Trump removes EV tax credit
by adminCalifornia Gov. Gavin Newsom said the state will provide rebates to residents if President-elect Donald Trump’s incoming administration does away with a federal…
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Business
‘Wicked’ tallies $19M in previews, as ‘Gladiator II’ team-up heads for $200M opening weekend
by adminThe box office this weekend will be painted pink and green, with a splash of red. Universal’s “Wicked” and Paramount’s “Gladiator II” arrive ahead of the…
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Amazon on Friday announced it would invest an additional $4 billion in Anthropic, the artificial intelligence startup founded by ex-OpenAI research executives. The new…
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Securities and Exchange Commission Chair Gary Gensler will resign on Jan. 20, the agency announced Thursday, paving the way for President-elect Donald Trump…
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Business
CFPB expands oversight of digital payments services including Apple Pay and Cash App
by adminThe Consumer Financial Protection Bureau on Thursday issued a finalized version of a rule saying it will soon supervise nonbank firms that offer financial services likes payments…
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U.S. prosecutors have charged Gautam Adani, India’s second-richest person, with fraud over accusations that he and several alleged co-conspirators sought to pay $250…
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McDonald’s is preparing 2025 value offerings in a bid to hang onto customers who are fed up with high costs at restaurants. The company…
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Business
Comcast to announce the spinoff of cable networks, including MSNBC, CNBC and USA, sources say
by adminComcast is expected to announce a plan Wednesday to spin off its cable networks into a separate company, two people familiar with the…
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Walmart raised its forecast on Tuesday, as its customers bought more discretionary merchandise, ordered more deliveries to their homes and started their holiday shopping.…
