Digital World Acquisition, the company planning to merge with Donald Trump's media start-up, Trump Media & Technology Group, faces a potential catastrophic threat as it approaches a September 8 deadline for the merger, which, if it fails, would require the company to liquidate and return $300 million to shareholders.
Elon Musk confirms Amber Heard's elaborate Overwatch costume, designed for role-playing, and shares a throwback photo of her in the ensemble.
Google co-founder Sergey Brin tried to avoid a selfie with Elon Musk at a party amid rumors of an affair between Musk and Brin's then-estranged wife, according to a new book by Walter Isaacson.
Giant Food, a regional supermarket chain, is implementing measures to combat theft and potentially save an unprofitable store, including removing national brands and requiring receipt checks, in response to the significant increase in organized retail crime plaguing retailers of all sizes.
Berkshire Hathaway has sold 5.5 million shares of HP, potentially indicating more stock sales to come.
To celebrate National Cheeseburger Day on September 18, McDonald's is offering its Double Cheeseburger for just $0.50 through the McDonald's app, with no purchase necessary, while Wendy's is offering Jr. Bacon Cheeseburgers for just 1 cent from September 18 to 22.
Sam Bankman-Fried, founder of bankrupt cryptocurrency exchange FTX, has appealed a decision to jail him ahead of his trial, arguing that he was being punished for exercising his First Amendment right to free speech.
The Dutch government plans to cap the number of flights at Amsterdam's Schiphol Airport in an effort to reduce noise and address environmental concerns, a decision that is strongly opposed by flag carrier KLM and airline industry groups.
Walt Disney Company has reportedly had preliminary discussions with Nexstar Media Group about selling ABC and other TV networks, as Disney continues its efforts to offload its linear television assets.
Netflix stock dropped 2% following comments by CFO Spencer Neumann on operating margins, as well as concerns about the ongoing Hollywood strikes.
Dow Jones futures and other major indices are set to open on Sunday evening, with the stock market rally experiencing a strong week and the Magnificent Seven stocks living up to their title.
The European Union's increasing scrutiny of Chinese electric-vehicle companies has caused tension between the two, impacting the EV space and EU-China relations.
More than 60,000 health-care workers have voted to authorize a strike against Kaiser Permanente due to concerns over pay, understaffing, and patient neglect, potentially resulting in the largest strike by health-care workers in U.S. history.
Federal Reserve Chairman Jerome Powell is set to provide an update at the central bank's annual gathering in Jackson Hole, Wyoming, with the market anxiously waiting for any signals amid the current tightening cycle, following last year's speech that spooked investors.
Binance has lost business with Mastercard and Visa as traditional financial institutions become wary of working with the cryptocurrency exchange due to regulatory scrutiny and concerns over compliance within the crypto industry.
Impact Theory, a media and entertainment company, has been charged by the Securities and Exchange Commission (SEC) for conducting an unregistered offering of crypto asset securities in the form of non-fungible tokens (NFTs), raising approximately $30 million from investors.
Tesla showcased its redesigned Model 3 sedan to the public at a trade fair in Beijing, highlighting its growing reliance on the Chinese market and its first vehicle launch in China before the US.
A phase 3 clinical trial has demonstrated that MDMA-assisted therapy significantly reduces symptoms of post-traumatic stress disorder (PTSD) in individuals with moderate to severe PTSD compared to placebo with therapy, providing further evidence for the effectiveness of this treatment approach.
Discussions are intensifying among autoworkers, union leaders, auto company executives, and investors ahead of a potential strike by the United Auto Workers (UAW) as negotiations for four-year contracts continue, with issues of fair compensation and benefits, as well as CEO pay, at stake.
Oracle is teaming up with Microsoft to offer Oracle Database@Azure, allowing customers to access Oracle database services deployed in Azure data centers, in a move that aims to accelerate migration to the cloud and recover Oracle's declining market share in the database industry.
The California state legislature has passed the Delete Act, which, if enacted, would establish a centralized platform for individuals to request the deletion of their personal data held by data brokers and opt out of future tracking.
The United States Transportation Department has fined American Airlines $4.1 million for unlawfully keeping thousands of passengers on the tarmac for hours, the largest-ever penalty for violating the rule.
Spectrum cable and streaming services in the Tampa Bay area have lost access to several Disney-owned networks, including ESPN, due to an ongoing carriage fee dispute between Spectrum's parent company, Charter Communications, and Disney Entertainment.
SoftBank's Arm achieves a successful Nasdaq debut with its IPO, despite raising concerns on Wall Street over its high valuation and low growth compared to other semiconductor companies.
Howard Schultz, former CEO of Starbucks, is retiring from the company's board of directors after 41 years, but will be honored as Chairman Emeritus, supporting the future leaders of Starbucks.
BMW has unveiled its Vision Neue Klasse concept sedan, featuring a modern design with a traditional three-box silhouette, a unique reinterpretation of the kidney grille, transparent roof and side windows with e-ink displays, and corduroy seats, as well as innovative technology including a large touchscreen and a full width Panoramic Vision display beneath the windscreen, previewing the upcoming sixth-generation BMW eDrive electrification technology with a claimed 30% range increase, 30% faster charging, and 25% improved efficiency.
Dana-Farber plans to collaborate with Beth Israel Deaconess to build a new cancer hospital in Boston, ending their partnership with Brigham and Women's Hospital, with the aim of providing world-renowned cancer treatment in outpatient and inpatient settings for adults with cancer in the region.
The US Treasury Department has proposed new tax rules for crypto exchanges, hosted wallet providers, and payment processors, requiring them to meet tax reporting obligations, while exempting miners and some decentralized finance platforms.
Elon Musk stayed up all night playing video games after committing to buying Twitter, according to an excerpt from Walter Isaacson's upcoming biography published by The Wall Street Journal.
An expert panel recommends that everyone should receive an updated COVID-19 vaccine, as vaccines targeting more recent variants are likely to become widely available within days.
The United Auto Workers union plans to strike three major assembly plants of General Motors, Ford Motor, and Stellantis in the United States if agreements are not reached, potentially affecting around 12,700 workers.
September is historically the worst month for stocks, but there are 11 S&P 500 stocks, including O'Reilly Automotive, Ameriprise Financial, and United Rentals, that have consistently outperformed the index during September in the past five years.
Google has reached a $93 million settlement with the state of California after being accused of collecting consumers' data without their consent.
Danaher Corp has agreed to acquire protein consumables manufacturer Abcam Plc in a $5.7 billion all-cash deal, aiming to expand its product portfolio and offset sluggish demand from smaller biotech companies.
Job-hopping, often blamed on Gen Z and millennials, was actually initiated by baby boomers, who switched jobs as frequently or even more frequently than younger generations, according to the Bureau of Labor Statistics' recent report. The behavior of changing jobs frequently appears to be a common pattern among workers early in their careers, driven by a desire for meaningful work and self-actualization, rather than belonging to a specific generation.
Investopedia has raised the bar for their elite nationwide CD rate to 5.65% APY, with 15 CDs in their ranking currently meeting the new threshold, while the highest APY for jumbo CDs is 5.85% for a 6-month certificate with a $100,000 deposit.
Defiance ETFs has launched the Defiance Nasdaq-100 Enhanced Option Income ETF, the first ETF to use daily options income generation, providing investors with a new way to participate in the market for short-dated equity options.
Caesars Entertainment, a resort chain with over 50 hotels and casinos, has suffered a cyberattack resulting in the loss of sensitive customer data, specifically from their loyalty program database, though there is no evidence that personal banking or payment information was acquired and physical properties, online, or mobile gaming operations remain unaffected; the company is taking steps to mitigate the attack and will offer credit monitoring and identity theft protection services to affected loyalty program members.
Tesla CEO Elon Musk rallies employees to achieve the same build precision with the Cybertruck as that of LEGO and soda cans, addressing concerns about fit and finish issues before the vehicle's first deliveries.
Rolex has surprised the watch industry by acquiring renowned retailer Bucherer, raising questions about the future structure of the brands.
On its first day of trading, online mortgage lender Better.com experienced a 93% loss in investor capital, leading to a catastrophic plunge in stock value, despite the company's optimistic outlook and recent merger for increased funding.
Shares of China Evergrande Group plummeted 87% as trading resumed after a 17-month halt, with the once-$50 billion property developer facing significant debt and a troubled balance sheet.
The price of WTI crude oil reached a new high for the year, hitting $85 per barrel, due to falling inventory levels and factors such as production cuts and a weakening dollar.
Lyft has introduced a new safety feature called Women+ Connect, allowing women and nonbinary drivers to match up with women and nonbinary riders, in an effort to improve safety and increase the number of women and nonbinary drivers on the platform.