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Browsing: Business

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...

Business

Federal budget deficit projected to hit $2 trillion this fiscal year, ranking among largest in US history

The federal government is projected to run a budget deficit of at least $2 trillion this fiscal year, according to an estimate by the Treasury Departm...

Business

Fanatics, American Express announce partnership where card users can further expand their sports fandom

Sporting brand powerhouse Fanatics and American Express announced Wednesday a partnership that will allow Amex users to tap into their sports fandom.T...

Business

US targets Iran’s $7.7 billion crypto network tied to regime operations

U.S. efforts to crack down on Iran’s growing use of cryptocurrency are intensifying as officials work to cut off financial channels tied to the regime...