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Economy

Economy

How Fanatics is teaching business acumen to pro athletes

June 25, 2025
Sports merchandising giant Fanatics is aiming to build a training camp for athletes to prepare them for life off the field. More…
Economy

Walmart to pay $10 million to settle lawsuit over money transfer fraud

June 24, 2025
Walmart has agreed to pay $10 million to settle a Federal Trade Commission civil lawsuit accusing the world’s largest retailer of ignoring…
Economy

Apple sued by shareholders who allege it overstated AI progress

June 24, 2025
Apple was sued on Friday by shareholders in a proposed securities fraud class action that accused it of downplaying how long it…
Economy

Streaming overtakes cable and broadcast as the most-watched form of TV

June 23, 2025
A new king reigns in TV land. Streaming has officially surpassed broadcast and cable as a share of total television viewing, according…
Economy

Amazon expects to cut corporate jobs as it relies more on AI

June 23, 2025
Amazon CEO Andy Jassy said Tuesday that the company expects artificial intelligence ‘will reduce our total corporate workforce as we get efficiency…
Economy

DOJ seizes record $225 million in crypto tied to global ‘pig butchering’ scams

June 23, 2025
The Justice Department announced Wednesday the largest-ever U.S. seizure of cryptocurrency linked to so-called “pig butchering” scams that have cost victims billions…
Economy

Nike pushes back Skims launch with Kim Kardashian due to production delays

June 23, 2025
Kim Kardashian fans are going to have to wait a little longer for the highly anticipated NikeSKIMS line. The activewear line will…
Economy

Apple looking to make ‘premium’-priced folding iPhones starting next year, analyst says

June 23, 2025
Apple has plans to make a folding iPhone starting next year, reliable analyst Ming-Chi Kuo said on Wednesday. Kuo said Apple’s folding…
Economy

Oil prices rise more than 1% as Israel vows to intensify attacks on Iran

June 23, 2025
Crude oil futures rose more than 1% on Thursday, after Prime Minister Benjamin Netanyahu ordered Israel’s military to intensify attacks against Iran….
Economy

Tesla agrees to first deal to build China’s largest grid-scale battery power plant

June 23, 2025
Tesla has inked its first deal to build a grid-scale battery power plant in China amid a strained trading relationship between Beijing…
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