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  • Business

    Krispy Kreme stock plunges after doughnut chain pauses McDonald’s rollout, pulls outlook

    by admin May 9, 2025
    May 9, 2025

    Krispy Kreme stock plunged 24% on Thursday morning after the doughnut chain said it is “reassessing” its rollout with McDonald’s and pulled its full-year outlook in…

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  • Business

    Judge allows lawsuit over Burger King’s Whopper ads to move forward

    by admin May 8, 2025
    May 8, 2025

    A federal judge ruled on Monday that a class action lawsuit alleging that Burger King falsely advertised the size of its signature cheeseburger…

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  • Business

    NBA star Russell Westbrook launches AI-enabled funeral planning startup

    by admin May 8, 2025
    May 8, 2025

    National Basketball Association superstar Russell Westbrook is taking a shot off the court at simplifying funeral planning with artificial intelligence. The famed Denver…

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  • Business

    AMD CEO calls China a ‘large opportunity’ and warns against strict U.S. chip controls

    by admin May 8, 2025
    May 8, 2025

    Advanced Micro Devices CEO Lisa Su said China is a “large opportunity” market for the semiconductor and artificial intelligence industry even as export controls and evolving tariff plans…

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  • Business

    Amazon’s Zoox robotaxi unit issues software recall after recent Las Vegas crash

    by admin May 7, 2025
    May 7, 2025

    Amazon’s Zoox issued a software recall for 270 of its robotaxis after a crash in Las Vegas last month, the company said Tuesday. The recall…

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  • Business

    Rite Aid files for second bankruptcy in two years

    by admin May 7, 2025
    May 7, 2025

    U.S. pharmacy chain Rite Aid on Monday filed for bankruptcy protection for the second time in as many years, according to a court…

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  • Business

    Skechers to be acquired by 3G Capital in take-private deal, shares soar 25%

    by admin May 6, 2025
    May 6, 2025

    Footwear giant Skechers has agreed to be acquired by private equity firm 3G Capital for $63 per share, ending its nearly three-decade run as a…

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  • Business

    Temu halts shipping direct from China as de minimis tariff loophole is cut off

    by admin May 5, 2025
    May 5, 2025

    Chinese bargain retailer Temu changed its business model in the U.S. as the Trump administration’s new rules on low-value shipments took effect Friday. In recent…

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  • Business

    Netflix stock is trading at all-time high levels in unprecedented win streak

    by admin May 4, 2025
    May 4, 2025

    Netflix is on a winning streak. The streaming giant’s stock has traded for 11 straight days without a decline, the company’s longest positive run…

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  • Business

    Jeff Bezos discloses plan to sell up to $4.8 billion in Amazon stock

    by admin May 4, 2025
    May 4, 2025

    Amazon founder Jeff Bezos plans to sell up to 25 million shares in the company over the next year, according to a financial filing on Friday. Bezos,…

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