Posted inEconomy
Netflix maintained its 2025 guidance. That may not be the sign of confidence it seems.
Netflix executives messaged Thursday that all is well with the business in the face of economic…
Posted inEconomy
U.S. judge finds Google holds illegal online ad tech monopolies
Alphabet’s Google illegally dominated two markets for online advertising technology, a judge ruled Thursday, dealing…
Posted inEconomy
Harvard’s battle with the Trump administration is creating a thorny financial situation
Harvard’s brewing conflict with the Trump administration could come at a steep cost — even…
Posted inEconomy
Capital One and Discover merger approved by Federal Reserve
Capital One Financial’s application to acquire Discover Financial Services in a $35.3 billion all-stock deal has officially been approved by the Federal…
Posted inEconomy
Target CEO to meet with Rev. Al Sharpton as civil rights groups threaten boycotts over DEI
Target CEO Brian Cornell will meet with the Rev. Al Sharpton this week in New York…
Posted inEconomy
Hermès to hike U.S. prices for iconic bags and scarves in response to Trump tariffs
French luxury group Hermès will raise its U.S. prices from the start of May in order to…
Posted inEconomy
Temu slashes U.S. ad spending, plummets in App Store rankings after Trump China tariffs
Chinese online retailer Temu, whose “Shop like a billionaire” marketing campaign made its way to…
Posted inEconomy
OpenAI in talks to pay about $3 billion to acquire AI coding startup Windsurf
OpenAI is in talks to pay about $3 billion to acquire Windsurf, an artificial intelligence…
Posted inEconomy
Universal’s new Epic Universe park set to generate $2 billion for Florida in year one
Epic things are coming to Orlando. In a little more than a month, Universal will officially open…
Posted inEconomy
Hertz says 2024 hack exposed some customers’ driver license and credit card data
Hertz is notifying customers that a data hack late last year may have exposed their…