Tyson Foods is hiring illegal immigrants in New York with the help of Tent Partnership for Refugees, angering critics who call for a boycott.
Dollar General is removing self-checkout registers from 300 stores in an effort to reduce theft and shrink, focusing on converting them to assisted-checkout options in approximately 9,000 stores and limiting self-checkout to transactions with five items or fewer.
The possibility of cannabis rescheduling to Schedule III has caused a surge in cannabis stocks and could lead to lower taxes for cannabis companies and more competitive prices for consumers.
Electric vehicle stock Fisker experiences a surge in share prices and secures a strategic partner, easing bankruptcy concerns for now, despite lingering issues such as mechanical problems with its Ocean SUV and declining capital.
Walmart has recalled its brand of honey roasted cashews in 30 US states and online due to the risk of potentially fatal allergies caused by undeclared coconut and milk.
Businesses across North America are preparing for the total solar eclipse on April 8, 2024, with special products, promotions, and events to attract tourists and capitalize on the celestial event.
The National Association of Realtors has agreed to pay $418 million in damages and eliminate rules on commissions in a settlement, marking a significant change to the homebuying and selling business model and potentially reducing real estate commissions by 25% to 50%.
Apple has agreed to pay $490 million to settle a class-action lawsuit that accused CEO Tim Cook of defrauding shareholders by hiding declining iPhone demand in China.
Pete Distad has been named CEO of a new streaming service that will offer 16 live sports channels and is expected to launch in the late summer of 2024, providing a best-in-class service for passionate sports fans in the US.
Target is implementing a policy to limit the number of items that can be purchased in its self-checkout lanes to 10 or fewer items, with some lanes potentially closing at certain times, in response to customer preferences for contactless options and to address theft concerns.
The winner of last year's $1.765 billion Powerball Jackpot, Theodorus Struyck, was revealed by California Lottery officials, while players across the state are lining up for a chance at two jackpots approaching the billion-dollar mark.
Wedbush Securities raised its price target for Nvidia stock from $850 to $1,000, anticipating positive news at the Global Technology Conference (GTC) that could boost the stock, while analysts expect strong revenue and earnings growth for the company in the coming year.
Amazon founder Jeff Bezos and his fiancée, Lauren Sánchez, have given $50 million to actor and entrepreneur Eva Longoria to support her charitable organizations as part of Bezos' annual "Courage & Civility" prize, which recognizes individuals making significant societal contributions.
Campaigners are calling for a boycott of Tyson Foods as angry shoppers accuse the meat firm of favoring cheaper migrant labor over US-born workers.
Ahead of Nvidia's highly anticipated GTC AI conference, investors are eagerly waiting to see the next generation products and the timeline of releases, expecting the event to be a catalyst for Nvidia's future growth and potentially reaching a price target of $1,000.
The cannabis industry is abuzz with rumors of federal rescheduling, with weed stocks surging and the AdvisorShares Pure US Cannabis ETF (MSOS) up over 8%, following world-renowned hedge fund manager Doug Kass's tweet suggesting that the DEA will approve a rescheduling of cannabis to Schedule III.
The US FDA has approved the first medication, Rezdiffra, to treat nonalcoholic steatohepatitis (NASH), a common form of liver inflammation associated with obesity and other metabolic conditions.
Honda and Nissan are considering a partnership in electric vehicle development to challenge Tesla and BYD as demand for EVs slows.
The Bank of Japan is considering raising rates for the first time in years, a decision that could have ripple effects on global financial markets including bond yields and currency markets.
Mortgage interest rates on 15-year and 30-year mortgages have decreased, with the average rate dropping to 6.74% for 30-year mortgages, although they are not as low as last year; warmer weather is likely to bring higher home prices and a more competitive housing market, with June being the most profitable month for sellers; buyers now need an annual income of over $106,000 to comfortably afford a home, 80% higher than in 2020.
Target is implementing an "express self-checkout" format in most of its stores nationwide, allowing customers with 10 or fewer items to use this faster checkout option.
India has announced a program that would exempt Tesla from import duties for electric vehicles, but with conditions including a minimum investment, setting up a manufacturing facility, and limitations on the number of imported EVs.
Peter Distad has been appointed to lead a sports-focused streaming-video joint venture backed by Disney, Fox, and Warner Bros. Discovery, aiming to capture a share of the growing streaming market for sports content.
The Biden administration plans to take action against junk fees for college students and student loan borrowers, targeting fees for student loan origination, college banking, automatic charges for textbooks, and leftover money in a student's meal plan.
Tesla stock is down 35% in 2024, and despite news of more price cuts, the stock's decline continues.
Liquid Death, a hardcore beverage brand that sells water in aluminum cans, has reached a valuation of $1.4 billion through its self-aware, satirical marketing strategy that appeals to younger customers.
Nvidia's annual GTC conference is expected to feature the debut of its new Blackwell architecture and B100 graphics card, which offer improved performance for AI models like GPT-3, as well as advancements in its CUDA software and potentially the production of its H20 AI chip for the Chinese market.
Nissan and Honda have formed a partnership to develop affordable electric vehicles and catch up with industry leaders like Tesla and China's BYD.
Apple has agreed to pay $490 million to settle a class action lawsuit that alleges CEO Tim Cook concealed falling demand for iPhones in China, although Apple denies any wrongdoing.
Stocks struggled at midday Friday, weighed down by an earnings sell-off for Adobe stock, despite reporting solid growth, due to a sluggish revenue outlook and a gap below its 200-day moving average.
The Dow Jones Industrial Average fell 150 points on Friday due to the early release of economic data, while Adobe stock plunged on earnings, and Cathie Wood's Ark Innovation ETF purchased millions worth of Tesla stock.
Target is implementing a new self-checkout policy that limits purchases to 10 items, aiming to improve the customer experience and combat customer theft.
Target and Walmart stores in Illinois are implementing 10-item limits at their self-checkout registers in order to combat theft.
Pete Distad, a veteran of Apple and Hulu, has been appointed as the CEO of the upcoming sports streaming service from Disney, Warner Bros. Discovery, and Fox.
Tesla's future is uncertain as it remains the worst-performing stock on the S&P 500, with a scathing report predicting flat growth and declining prospects due to competition and self-inflicted issues.
Investor interest in the GraniteShares 2x Long NVDA Daily ETF (NVDL), which offers double the return on Nvidia stock, has surged to record highs, with over $1 billion in inflows and a 6 for 1 stock split, raising speculation about a potential stock split for Nvidia itself.
Automakers and suppliers are responding to increased consumer demand for gas-electric hybrid and plug-in hybrid vehicles in the US market, as sales for electric vehicles cool and companies prioritize profitability over the EV revolution.
Stocks fell as bitcoin continued to decline, with the Nasdaq Composite, S&P 500, and Dow Jones Industrial Average all experiencing losses, while Adobe shares tumbled after issuing soft sales guidance despite reporting record quarterly revenue.
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The life of a passenger on Alaska Airlines Flight 1282 was saved by a seatbelt when a door panel blew out midair, causing physical and psychological trauma to the passengers.
Adobe shares fell 12% after a disappointing quarterly forecast, indicating concerns about rising competition and a lack of boost from AI integration.
REI Co-op members can save an extra 20% on select gear, including an Osprey hydration pack, NiteRider bike light, Yeti cooler, and more, with the exclusive code MEMBER24.
The National Association of Realtors has agreed to pay $418 million in damages and eliminate rules on commissions, potentially leading to a significant decrease in the cost of selling homes in the United States.
Best Buy is recalling over 287,000 air fryers and air fryer ovens due to an overheating issue, posing fire and laceration risks, with customers urged to stop using the products immediately and receive a refund through the company's recall page.
Best Buy is recalling approximately 287,300 Insignia air fryers and air fryer ovens due to a fire hazard caused by overheating, with 24 reports of devices catching fire.
Bilt Rewards and Alaska Airlines have partnered, allowing members to transfer points to Alaska Mileage Plan and earn bonus miles for paying rent with an Alaska Visa Card.
Bilt Rewards has formed a strategic partnership with Alaska Airlines, allowing members to transfer points to Alaska Mileage Plan at a 1:1 ratio and offering Alaska Airlines cardholders the opportunity to earn 3 miles per dollar spent on rent payments through Bilt.
MicroStrategy, a Bitcoin development company, aims to increase its holdings by offering $525 million in convertible debt, with an option for purchasers to buy an additional $78.5 million, while the interest rate of the new notes is higher than a previous sale, and the conversion rate represents a 40% premium on MSTR's average price.
Tesla's stock performance and future prospects depend on factors such as earnings estimates, revenue growth, and valuation, with the stock currently holding a Zacks Rank #3.
Some McDonald's restaurants around the world experienced system failures, leading to temporary closures and customer complaints, but the fast food chain ruled out cybersecurity issues as the cause of the problem.
Tyson Foods is facing boycott calls for planning to hire 52,000 migrants to work at its factories after closing a plant in Iowa, with critics taking aim at the company for prioritizing migrants over American workers.
