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Browsing: Business

Business

Walmart warns shoppers could face higher prices as fuel costs surge, tax refunds dry up

Hard-working Americans could soon face another blow at the checkout counter.Retail giant Walmart issued a warning Thursday after its Q1 earnings repor...

Business

Detroit bankruptcy case officially closes more than 13 years after historic filing

Detroit’s historic bankruptcy case — the largest municipal bankruptcy in U.S. history — has officially closed more than 13 years after the city first...

Business

GOP lawmaker unveils bill to codify a strategic bitcoin reserve

EXCLUSIVE: Rep. Nick Begich, R-Alaska, is unveiling the American Reserve Modernization Act to establish a U.S. strategic bitcoin reserve in an attempt...

Business

Nvidia CEO Jensen Huang warns China has ‘all the chips they need’ despite US bans

In a stark warning to Washington policymakers, Nvidia CEO Jensen Huang revealed that U.S. technology export bans may be triggering unintended conseque...

Business

Leftist Seattle mayor admits Starbucks criticism 'caused more harm than good'

Seattle Mayor Katie Wilson is walking back earlier comments urging consumers to boycott Starbucks, as tensions grow over Seattle’s relationship with m...

Business

Trader Joe’s expands with 25 new stores across 14 states in massive growth push

Trader Joe’s is expanding its footprint with 25 new locations across 14 states, adding to its previously announced growth pipeline, the company said.T...

Business

Popular Costco patio swings recalled after injuries linked to dangerous fall hazard

Thousands of patio swings sold at Costco are being recalled because the seats can suddenly detach while in use, creating what officials describe as a...

Business

Jeff Bezos denies role in Melania Trump documentary, says ‘people are very curious’ about first lady

Amazon founder Jeff Bezos on Wednesday defended his company’s decision to back a Melania Trump documentary, saying he had no involvement in the deal a...

Business

Bezos says Mamdani’s tax on luxury NYC homes is ‘fine’ despite backlash

New York City Mayor Zohran Mamdani’s push to tax luxury second homes is drawing reactions from some of the country’s wealthiest business leaders, with...

Business

SpaceX moves to launch highly anticipated IPO

SpaceX on Wednesday submitted documents to move forward with its highly anticipated initial public offering (IPO), as the revolutionary company that's...

Business

High energy prices risk keeping inflation above 2% target, concerning Fed policymakers

Federal Reserve policymakers were concerned about high energy prices contributing to inflationary pressures in the economy when they held interest rat...

Business

Standard Chartered CEO walks back comments about replacing 'lower-value human capital' with AI

Standard Chartered CEO Bill Winters on Wednesday walked back comments he made at an investor event Tuesday when he said the bank plans to cut thousand...