A Texas judge ruled that major banking industry groups and the U.S. Chamber of Commerce must transfer their lawsuit against the Consumer Financial Protection Bureau to Washington, accusing them of venue shopping.
A construction company in Honolulu built a house on the wrong vacant lot, leading to a legal battle between the developer, the homeowner, and the county.
The slow rollout of electric vehicle charging stations funded by the Biden administration's $7.5 billion program could hinder the transition to electric cars in the United States.
Kia has recalled over 427,000 Telluride SUVs due to a defect that can cause unintended movement while in park.
The 2024 New York International Auto Show will feature a display of 12 Pontiac GTO's, showcasing the history and significance of these iconic American muscle cars.
Disney investor Blackwells Capital is suing the media giant over allegations of an inappropriate relationship with another shareholder, ValueAct Capital, as they claim that ValueAct has been paid to take a pro-Disney position in a proxy fight with activists.
Morningstar has compiled a list of undervalued stocks with competitive advantages, including Etsy, Pfizer, Estee Lauder, Campbell Soup, Comcast, and Nike.
Apple denies any parallels between itself and Microsoft in the 1990s, as it faces a landmark lawsuit from the United States Department of Justice, arguing that its business practices do not amount to a monopoly like Windows.
Many stores in California, including Aldi, Costco, and select Target locations, will be closed or have limited hours on Easter Sunday, while Whole Foods Market will be open with limited hours and Trader Joe's will operate as usual.
Disney activist investor Nelson Peltz's fight for a board shake-up at the company reaches a critical moment as the results of a shareholder vote to select board members are expected to be announced at the annual stockholders meeting, while the company faces challenges in navigating the shift towards unprofitable streaming services and addressing CEO succession concerns.
The S&P 500 is ending the first quarter of 2024 at a new record high, with only four out of the original seven tech stocks continuing to gain momentum, while other sectors like energy, materials, utilities, and financials saw the best performance in the market.
In order to "live comfortably" in Honolulu, a single adult would need to earn $53.80 an hour, while a family of four would need to earn $299,520 a year, according to a financial analysis by Smart Asset.
Trump Media & Technology Group, Donald Trump's social media company, started trading at a high valuation but has since experienced a decline in its stock price, raising concerns of eventual bankruptcy due to its unproven business model and struggling user and advertiser attraction.
A new California law that increases fast-food workers' wages is causing major chains like Chipotle, McDonald's, Starbucks, and Jack in the Box to consider raising prices or changing their operations.
Tesla has faced a challenging first quarter, with a 30% year-to-date loss due to recalls, price cuts, leadership concerns, and lack of specific growth information, making it the worst performing S&P stock.
Chinese tech giant Xiaomi has launched its first electric vehicle (EV), the Xiaomi SU7, which is priced lower than Tesla's Model 3 and has already garnered 50,000 preorders in just 27 minutes, highlighting its potential to disrupt the Chinese EV market.
Wedbush Securities has lowered its price target on Tesla, citing a demand slowdown and headwinds affecting the company's margins, with Managing Director Dan Ives predicting a challenging first quarter for the automaker due to slowing demand and increased competition in China's electric vehicle market.
Senator Bernie Sanders plans to meet with Novo Nordisk's CEO to discuss lowering the price of the drug Ozempic, as the cost of GLP-1 drugs for diabetes and obesity continues to generate controversy.
Palantir Technologies shares are trading lower after being downgraded by an analyst who cited its excessive valuation and predicted the darkest days of the economic downturn are ahead.
Cryptocurrency entrepreneur Sam Bankman-Fried has been sentenced to 25 years in prison for a massive fraud on customers, resulting in the collapse of FTX and losses of over $11 billion.
The New Jersey winner of the $1.13 billion Mega Millions jackpot will receive about $364.9 million after taxes if they choose the cash lump sum option.
Digital World Acquisition Corp. (DWAC), a special-purpose acquisition company (SPAC) established to acquire Trump Media & Technology Group, experienced a decline in stock value and faced SEC investigations, but regained momentum after the merger was finally set to take place, demonstrating a unique case where the presence of former President Donald Trump altered the ordinary rules of SPAC investments.
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Home Depot is making its largest acquisition ever by purchasing building-projects supplier SRS Distribution for $18.3 billion in an effort to expand its business targeting professional contractors and builders amid a slowdown in the home fixer-upper market.
The last coal-fired power plant in New England, the Merrimack Station, is set to close by June 2028 and be transformed into the state's first renewable energy park, according to an agreement reached between Granite Shore Power and the Environmental Protection Agency. The closure is seen as a victory for environmentalists and will make New Hampshire the 16th state in the US to be coal-free.
AMC Entertainment shares dropped 15% after announcing plans to potentially sell $250 million worth of stock to offset losses from poor box office revenue, blaming strikes and delayed releases for disappointing returns.
A new study has found that methane emissions from landfills in the United States are much higher than previously reported, indicating that current reporting systems are missing large methane sources and emphasizing the need for effective methane reduction policies in waste management.
Palantir's stock has been on a strong upward trajectory, but according to analyst Brian White, the company's valuation has become too high and he has downgraded the stock to a Sell rating.
Small vacation towns, like Nantucket, are experiencing the negative impacts of climate change as rising sea levels and erosion lead to significant drops in property value and make coastal areas increasingly uninsurable.
The Massachusetts Bay Transportation Authority (MBTA) has approved a new agreement with CRRC, the Chinese rail car manufacturer, to deliver the remaining 274 new subway cars after severe delays, which were caused by tariffs, the pandemic, and chronic quality issues; the new deal includes additional funding and incentives for CRRC to meet the 2027 delivery deadline.
Mike Lindell's company MyPillow is facing court-ordered eviction from a Minnesota warehouse, however, Lindell claims it is a formality resulting from a mutual agreement with the owner and not due to financial difficulties.
Amazon has completed a $4 billion investment in Anthropic, a startup specializing in generative artificial intelligence, which is expected to support Amazon's push in the AI market and close the gap between its cloud capabilities and Microsoft's Azure.
One person was injured at Charlotte Douglas International Airport after a Frontier Airlines plane was evacuated due to a "strong odor," with passengers exiting via both jet bridge and evacuation slides.
Chinese smartphone manufacturer, Xiaomi, has launched its first-ever electric vehicle (EV), the SU7, boasting advanced battery technology, fast charging capabilities, and an impressive range, all at competitive starting prices, making it a strong competitor in the EV market, with over 50,000 pre-orders in just 27 minutes.
The recent agreement between Visa, Mastercard, and merchants to reduce swipe fees may lead to a reduction in the rewards programs that offer free travel and other perks to credit card users.
The New York City Retirement Systems are supporting Disney in its proxy fight with activist investor Nelson Peltz, stating that Disney's management and board should be given the time to execute its strategic transformation.
Two Delta planes clipped wings on a taxiway at MSP International Airport, but no injuries were reported and both planes returned to the terminal for passengers to disembark.
Robinhood's new credit card offers 3% cash back on all purchases, a generous rate compared to other cards, but its sustainability is uncertain.
GameStop's stock is trading lower due to worse-than-expected financial results, with fourth-quarter net sales and earnings per share falling short of estimates.
Nine states are planning to ban the sale of new gasoline-powered vehicles by 2035 in an effort to reduce climate-warming emissions, with California leading the initiative.
Kroger is closing three cross-docking facilities in Texas and Florida due to the failure to meet set benchmarks, but remains committed to expanding its e-commerce offerings.
Dollar Tree, the parent company of Family Dollar, plans to close multiple locations in Ohio next month, affecting around 260 employees, as part of its national restructuring strategy.
Analyst Brian White downgraded Palantir (PLTR) to a Sell due to its high valuation and potential vulnerability to an economic downturn, despite its potential long-term benefits from generative AI.
Global EV leader BYD plans to double its overseas sales this year and aims to reach one million sales by 2025, as it believes that new energy vehicles have entered the "knockout round" with gas-powered cars.
Kia has recalled over 400,000 Telluride vehicles due to a risk of increased rollaway, with affected owners urged to engage the emergency parking brake before exiting the car.
A court in Minnesota has ordered MyPillow, founded by election denier Mike Lindell, to be evicted from its warehouse after failing to pay rent.
A Bojangles restaurant in North Carolina gained attention after a misspelled sign was noticed by a local worker, leading to a partnership proposal between the restaurant and a nonprofit organization.
The FDA has approved Akebia Therapeutics' Vafseo tablets for the treatment of anemia in adults with chronic kidney disease who are on dialysis, with peak sales expected to reach $954 million by 2031.
Shares of RH (NYSE: RH) surged 15% after the company reported disappointing Q4 earnings but provided optimistic guidance for 2024, signaling a return to growth in the midst of a challenging housing market.
American business executives praised Chinese President Xi Jinping's leadership and efforts to strengthen the U.S.-China relationship during a meeting in Beijing, emphasizing the importance of bilateral engagement and expressing support for future initiatives, according to a video posted by Chinese state media.
Analysts are predicting that Tesla's delivery estimates for Q1 2024 will be lower than previous quarters, with estimates ranging from 420,000 to 480,000, which could result in Tesla's inventory growing and impacting the company's financial results.
