President Donald Trump continues to enjoy income streams from scores of luxury properties and business ventures, many of which are worth tens of millions of dollars, according to a financial…
Business
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Business
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Business
Howard Schultz says he ‘did a cartwheel’ when Starbucks CEO Niccol coined ‘back to Starbucks’ strategy
by adminLAS VEGAS. — Former Starbucks CEO Howard Schultz said Wednesday that he “did a cartwheel” in his living room when current chief executive Brian Niccol first coined his “back to…
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Business
U.S. online stores put up ‘out of stock’ signs as Nintendo Switch 2 sales hit record highs
by adminNintendo sold more than 3.5 million units of its flagship Switch 2 gaming system in the four days following its launch, with online stores of major U.S. retailers putting up…
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Business
U.S. online stores put ‘out of stock’ signs as Nintendo Switch 2 sales hit record highs
by adminNintendo sold more than 3.5 million units of its flagship Switch 2 gaming system in the four days following its launch, with online stores of major U.S. retailers putting up…
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Business
‘He’s like Iron Man’: Jensen Huang lit up London Tech Week — and we were in the room
by adminLONDON — Wherever Nvidia CEO Jensen Huang goes, excitement follows — this time, all the way to London Tech Week. The Nvidia boss — whom Wedbush analyst Daniel Ives dubs…
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President Donald Trump has escalated his sudden rupture with Elon Musk by implying the government could sever ties with the tech titan’s businesses. ‘The easiest way to save money in…
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Procter & Gamble will cut 7,000 jobs, or roughly 15% of its non-manufacturing workforce, as part of a two-year restructuring program. The layoffs by the consumer goods giant come as…
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Use of low-cost e-commerce giants Temu and Shein has slowed significantly in the key U.S. market amid President Donald Trump’s tariffs on Chinese imports and the closure of the de…
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Business
This California startup is cleaning water and removing CO₂ from the atmosphere — all at a reduced cost
by adminAs more parts of the world face intense drought, new technologies are emerging to clean and reuse existing water. Investors are seeing potential for big profits. Water treatment is expensive.…
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Business
Nationwide coordinated retail crime crackdown results in hundreds of arrests, authorities say
by adminA nationwide coordinated crackdown on retail crime — what authorities are calling the first of its kind — led to hundreds of arrests in 28 states last week. The blitz,…
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Business
Dollar General is shaking off tariff fears and winning over higher-income consumers
by adminShares of Dollar General jumped nearly 16% on Tuesday after the discounter raised its outlook, saying it drew more middle- and higher-income shoppers amid fears that higher tariffs would hurt…
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Business
Amazon taps Xbox co-founder to lead new team developing ‘breakthrough’ consumer products
by adminAmazon’s devices unit has a new team tasked with inventing “breakthrough” consumer products that’s being led by a former Microsoft executive who helped create the Xbox. The ZeroOne team is…
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Nvidia shares jumped on Thursday after posting a positive set of earnings, sparking a rally in global semiconductor stocks. Shares of Nvidia were 6% higher after the company posted better-than-expected…
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Business
Boeing to resume airplane deliveries to China next month, ramp up Max production, CEO says
by adminBoeing’s airplane deliveries to China will resume next month after handovers were paused amid a trade war with the Trump administration, CEO Kelly Ortberg said Thursday, as he brushed off…
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23andMe on Tuesday announced it will voluntarily delist from the Nasdaq and de-register with the U.S. Securities and Exchange Commission, according to a release. The move comes after Regeneron Pharmaceuticals…