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Economy

Economy

Amazon is stepping up to fill a gap in Hollywood’s movie slate

May 6, 2025
Tech is saving Hollywood — though not in the way you might think. Back in 2022, e-commerce giant and relative upstart movie…
Economy

Nvidia says Anthropic is telling ‘tall tale’ in its defense of U.S. AI chip restrictions on China

May 6, 2025
Nvidia blasted Anthropic Thursday in a rare public clash over artificial intelligence policy with U.S. chip export restrictions set to take effect. “American firms should focus on innovation and…
Economy

Tesla denies report it’s looking to replace Elon Musk

May 6, 2025
Shares of Tesla were flat in premarket trading Thursday after the EV maker denied a Wall Street Journal report that its board was searching…
Economy

Jeff Bezos discloses plan to sell up to $4.8 billion in Amazon stock

May 6, 2025
Amazon founder Jeff Bezos plans to sell up to 25 million shares in the company over the next year, according to a financial filing on Friday….
Economy

Skechers to be acquired by 3G Capital in take-private deal, shares soar 25%

May 6, 2025
Footwear giant Skechers has agreed to be acquired by private equity firm 3G Capital for $63 per share, ending its nearly three-decade run as…
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