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Browsing: Business

Business

Netflix follows Warren Buffett's playbook: Don't overpay, walk away

Warner Bros. Discovery CEO David Zaslav may have been counting on watching one last round in the Netflix vs. Paramount Skydance boxing match to acquir...

Business

eBay cuts 800 jobs across company operations just days after dropping $1.2B on trendy Gen Z fashion app

E-commerce giant eBay announced Thursday it is slashing hundreds of jobs, just days after the company dropped $1.2 billion in cash to acquire a trendy...

Business

Federal judge allows Trump’s $400M White House ballroom to move forward

A federal judge on Thursday denied a legal challenge to President Donald Trump's White House ballroom project, clearing the way for construction on th...

Business

Ford recalls over 4.3 million vehicles due to software issue

Ford is recalling more than 4.3 million pickup trucks and SUVs due to a software issue that could cause trailer brakes not to function.The recall affe...

Business

Netflix backs out of Warner Bros bidding war after Paramount made 'superior' offer

Netflix dropped its bid to buy Warner Bros. after the studio announced Paramount's latest bid to buy the entire company was "superior.""The transactio...

Business

FedEx says it will return any tariff refunds to customers, shippers who paid them

FedEx announced Thursday that it will return any tariff refunds it may receive to its customers who paid them as it seeks compensation from the federa...

Business

Netflix backs out of Warner Bros. bidding war after Paramount made 'superior' offer

Netflix dropped its bid to buy Warner Bros. after the studio announced Paramount's latest bid to buy the entire company was "superior.""The transactio...

Business

Florida man arrested over alleged $328M crypto Ponzi scheme

A Florida man was arrested on federal charges related to an alleged cryptocurrency "Ponzi scheme" that defrauded investors of at least $328 million.Th...

Business

Ford recalls over 4.3 million vehicles over software issue

Ford is recalling more than 4.3 million pickup trucks and SUVs due to a software issue that could cause trailer brakes not to function.The recall affe...

Business

Americans hit with soaring electricity bills as price hikes outpace inflation nationwide

Americans are facing rising electricity costs around the country as winter weather and the rise of artificial intelligence (AI) data centers increase...

Business

FTC chair touts ‘huge win for American workers’ after Walmart agrees to $100M settlement over driver pay

Walmart has agreed to a $100 million judgment to settle allegations that it deceived delivery drivers about their pay and tips, the Federal Trade Comm...

Business

Cheese sold at Walmart recalled in 24 states over potential health risk

Certain cottage cheese products are being recalled at Walmart stores in 24 states over the possibility of liquid dairy ingredients not being fully pas...