The Justice Department has accused Apple of causing social stigma and exclusion by afflicting Android users with the "green bubble" in text messages, as part of its antitrust case against the iPhone maker.
The Internal Revenue Service has issued a notice expanding the rules for determining energy communities for tax credits, including brownfield sites, specific metropolitan statistical areas, non-metropolitan statistical areas, and census tracts affected by coal mine closures or retired coal-fired electric generating units.
Marijuana stocks, including Cronos Group, Tilray Brands, and Canopy Growth, rose significantly as investors were optimistic about cannabis stocks following Vice President Kamala Harris' support for reducing federal regulation of marijuana in the US and Germany's recent decision to fully legalize the drug.
The Environmental Working Group (EWG) has released its "Dirty Dozen" list for 2024, revealing the top 12 fruits and vegetables with the highest pesticide residues, including strawberries, leafy greens, grapes, and green beans.
The vegan takeout joint Kernel in Manhattan integrates a six-axis robot arm, created by German manufacturer Kuka, into its operations, streamlining processes and creating a better working environment for employees.
Al Gore III, son of former Vice President Al Gore, publicly supported the Biden administration's aggressive emissions standards for electric vehicles (EVs), prompting criticism from energy expert Gabriella Hoffman who pointed out the administration's reluctance to use rare earth minerals in the United States to meet the demand for EV production.
You can find great low-cost bargain buys from Apple, Roku, Anker, and even Amazon's own ecosystem on a budget.
California's largest home insurance company, State Farm, will discontinue coverage for 72,000 homes and apartment policies due to inflation, regulatory costs, and increasing catastrophe risks in the state.
Medicare will now cover the weight-loss drug Wegovy for enrollees in Part D plans who have both weight and heart disease concerns, marking a significant step forward in coverage for obesity treatments.
Chipotle plans to open 315 new restaurants by 2024, implement new technology like food sensors and avocado pitters, and CEO Brian Niccol is committed to guiding the company's successful growth trajectory.
Intel CEO Pat Gelsinger expresses excitement and optimism about the Biden administration's investment in the semiconductor industry, stating that it will enable Intel to rebuild and become more competitive in manufacturing, while also rebalancing and strengthening the supply chains of the US.
Google-parent Alphabet is predicted to outperform other big-cap technology peers, according to Wedbush analysts who have upgraded their price target for Google stock, citing signs of a reversal in sentiment.
Apple has reportedly had preliminary discussions with Baidu about using the Chinese company's AI technology for Apple devices in China, as China requires AI models to be vetted by its cyberspace regulator before being launched to the public.
Tesla's stock dropped due to reports of lower demand and reduced electric vehicle output at Gigafactory Shanghai, with the company instructing employees to lower production of the Model Y and Model 3 by working fewer days.
The Mega Millions jackpot is nearing $1 billion, making it an attractive opportunity for lottery players, with the odds of winning the grand prize being slim.
Automaker Stellantis is recalling 318,000 Chrysler and Dodge vehicles due to faulty airbag inflators that can potentially shatter and cause injury.
FedEx delivered an earnings beat in a challenging operating environment, with improved profitability and cost-cutting measures, leading to an 8% increase in its stock shares.
More than 440,000 Starbucks-branded mugs made by Nestle and sold during the winter holidays are being recalled after reports of burns and lacerations caused by overheating or breakage.
Tesla is reducing production at its Shanghai factory and facing a likely first-quarter delivery miss due to slowing EV demand in China and increased vehicle prices, leading to a decline in Tesla stock.
Central banks are expected to reverse a record string of interest rate hikes, but the way down for borrowing costs will be slow and cautious, with small increments and periodic pauses due to concerns about rekindling inflation and the potential impact of global economic shifts; however, the eventual bottom for interest rates is projected to be higher than the historic lows of the last decade.
Investors remain cautious about Reddit's potential volatility as the company's decision to offer shares without a lockup period raises concerns, despite a 48% jump on its market debut.
The founder of Seats.aero has discovered a method to open over 3 million hotel doors worldwide with just two taps, exposing vulnerabilities in the RFID-based keycard locks by Dormakaba, affecting Saflok systems in 131 countries, requiring months or even years to implement the necessary fixes.
Nestlé USA is recalling over 440,000 Starbucks-branded mugs sold during the 2023 holiday season due to reports of burns and cuts from overheating or breaking when microwaved or filled with hot liquid.
FedEx shares are trading higher in premarket after beating profit estimates for the third quarter and announcing a $5 billion share repurchase program, driven by the company's cost-cutting plan and improved profitability in a difficult demand environment.
Cathie Wood's Ark Investment Management purchased small positions in Reddit as the social media platform had a 48% market debut rally, adding to Wood's successful investments in companies like Tesla and AI.
The National Association of Realtors settled a lawsuit that could disrupt the real estate industry in the US by eliminating traditional agent commissions, leading to potential savings for homebuyers and a shift in the way agents operate.
Lululemon Shares Plunge 15% as Sales Growth Slows on Softer U.S. Store Traffic and Weak 2023 Outlook
Lululemon's stock slumped the most since the start of the pandemic after reporting a slowdown in its US business and lower-than-expected outlooks for the first quarter and full year, with visits to US stores slowing and shoppers buying slightly less than the previous year, prompting concerns about the company's performance.
Microsoft and Google are struggling to capitalize on generative artificial intelligence, as they are not moving fast enough to develop consumer products that generate revenue and grab market share, leaving them vulnerable to disruption from competitors in the field.
Former President Trump's social media platform, Truth Social, may soon start trading on the stock market, potentially earning him billions of dollars, pending approval of a merger with Digital World Acquisition Corp.
Bentley Motors experienced a drop in sales, revenue, and profits as its ultra-wealthy customers opted against buying new cars to avoid flaunting their fortune, resulting in a level of emotional sensitivity that slowed down demand.
Nvidia's new Blackwell architecture, featuring the GB200 Grace Blackwell Superchip, is seen as a blow to rival AMD and could hinder their AI ambitions due to its technical capabilities and competitive pricing.
Nvidia's introduction of the Blackwell architecture and the GB200 Grace Blackwell Superchip, along with their aggressive pricing strategy, poses a threat to rival Advanced Micro Devices (AMD) in the AI space, potentially increasing Nvidia's market share and hampering AMD's AI aspirations.
Mark Zuckerberg reportedly purchased a $300 million super yacht named Launchpad, a 287-foot vessel with multiple decks and a gross tonnage of about 5,000, constructed by Feadship, adding to his personal fortune of $178 billion as of Thursday evening.
Dow Jones futures and Nasdaq futures edged lower as Tesla, Lululemon, and Nike retreated, while FedEx is set to break out on earnings.
Nike shares dropped nearly 8% after the company forecasted a decline in sales due to replacing older shoe styles with trendier options and struggling with its direct-to-consumer strategy.
Nike's earnings beat expectations, but a weak outlook and slowing sales in China are worrying investors, while Lululemon's shares are falling after reporting earnings that fell short of expectations.
Condé Nast, facing financial difficulties and planning to lay off workers, is now under scrutiny as its parent company, Advance Publications, makes billions from Reddit's IPO.
The U.S. Department of Justice has filed an antitrust lawsuit against Apple, accusing the company of engaging in anti-competitive behavior to maintain its smartphone monopoly and maximize profits at the expense of consumers.
The US Department of Energy is investing in geothermal energy as a form of clean power that can help replace fossil fuels, with a goal to supply the equivalent of 4 million households by 2030 and between 90 and 300 gigawatts of power by 2050. The aim is to achieve this by reducing the cost of next-generation geothermal electricity and attracting investment from the financial industry.
Amazon's Big Spring sale, which includes discounts on a wide range of products, is currently ongoing and will end on Monday, March 25, 2024.
State Farm, California's largest insurer, is discontinuing coverage for 72,000 houses and apartments in the state due to soaring costs, increasing risk of catastrophes like wildfires, and outdated regulations, potentially leading other insurers to follow suit.
The merger between Capital One and Discover to create competition with Visa and Mastercard is actually bad news for consumers, as it would likely result in higher credit card processing fees and higher prices for everyone.
The Mega Millions lottery jackpot has reached nearly $1 billion, with the long odds of winning contributing to the massive prize, and lottery officials predict disappointment for most players.
The U.S. Department of Education has provided an update on the delivery of Institutional Student Information Records (ISIRs) for the 2024-25 FAFSA, noting that over 1.5 million FAFSA applications have been processed and ISIRs have been delivered to most schools, states, and scholarship organizations, with more ISIRs to be delivered in the coming days; they also addressed an issue regarding the calculation of the Student Aid Index for dependent students with assets.
A nearly $1 billion Mega Millions jackpot will be drawn on Friday night, offering the chance of a life-changing windfall for a lucky player after a 3-month jackpot drought.
Micron Technology Inc (NASDAQ:MU) showcases robust revenue growth and a solid product portfolio in the dynamic semiconductor industry, but faces challenges in operational efficiency and competitive pressures, while opportunities lie in the growing demand for memory and storage solutions across various sectors and threats include geopolitical tensions and intense competition.
Former President Donald Trump's media business, Trump Media & Technology Group, may soon begin trading on the Nasdaq stock market as shareholders of Digital World Acquisition Corp., a publicly traded shell company, are scheduled to vote on a merger that would open the door for the trading; Trump stands to receive a substantial payout if the deal is approved.
San Francisco-based social media platform Reddit's shares soared nearly 50 percent in its long-awaited initial public offering, pushing its value close to $9bn.
State Farm, California's largest insurer, will discontinue coverage for 72,000 houses and apartments in the state due to increasing costs, the risk of catastrophes like wildfires, and outdated regulations.
Former DraftKings executive Michael Hermalyn accuses the company of attempting to tarnish his reputation and smearing employees in court documents, claiming that DraftKings is trying to set an example by suing him in order to discourage other employees from leaving.
