Editor's Pick
SEC issues summons for Gautam Adani, nephew on bribery allegations
The U.S. Securities and Exchange Commission has issued a summons to Indian billionaire Gautam Adani, indicted on U.S. bribery allegations related to a...
Can Starbucks fix long lines at its airport cafes?
Air travelers face a host of headaches on their journeys: slow security lines, long waits for plush lounges, the threat of delays or cancellations —...
‘Wicked’ tallies $19M in previews, as ‘Gladiator II’ team-up heads for $200M opening weekend
The box office this weekend will be painted pink and green, with a splash of red. Universal’s “Wicked” and Paramount’s “Gladiator II” arrive...
Amazon to invest another $4 billion in Anthropic, OpenAI’s biggest rival
Amazon on Friday announced it would invest an additional $4 billion in Anthropic, the artificial intelligence startup founded by ex-OpenAI research...
SEC Chair Gary Gensler will step down Jan. 20, making way for Trump replacement
Securities and Exchange Commission Chair Gary Gensler will resign on Jan. 20, the agency announced Thursday, paving the way for...
CFPB expands oversight of digital payments services including Apple Pay and Cash App
The Consumer Financial Protection Bureau on Thursday issued a finalized version of a rule saying it will soon supervise nonbank firms that offer financial...
India’s 2nd-wealthiest person charged by U.S. in $250 million bribery scheme
U.S. prosecutors have charged Gautam Adani, India’s second-richest person, with fraud over accusations that he and several alleged co-conspirators sought...
McDonald’s preparing a 2025 ‘McValue’ offering
McDonald’s is preparing 2025 value offerings in a bid to hang onto customers who are fed up with high costs at...
Target stock falls 21% as big discounting effort falls short
Target reported earnings Wednesday that came in far below Wall Street’s expectations, something the big-box retailer attributed to slower than...
Disney debuts its latest cruise ship, Treasure, as part of a plan to double its fleet by 2031
The Disney fleet is expanding. Next month, the Disney Treasure cruise ship will make its maiden voyage from Port Canaveral, Florida, to...
