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Investing

Investing

UnitedHealthcare sued by shareholders over reaction to CEO’s killing

May 9, 2025

A group of investors sued UnitedHealthcare Group on Wednesday, accusing the company of misleading them after the killing of its CEO, Brian…

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Investing

NBA star Russell Westbrook launches AI-enabled funeral planning startup

May 8, 2025
National Basketball Association superstar Russell Westbrook is taking a shot off the court at simplifying funeral planning with artificial intelligence. The famed…
Investing

AMD CEO calls China a ‘large opportunity’ and warns against strict U.S. chip controls

May 8, 2025
Advanced Micro Devices CEO Lisa Su said China is a “large opportunity” market for the semiconductor and artificial intelligence industry even as export controls and evolving tariff…
Investing

Amazon’s Zoox robotaxi unit issues software recall after recent Las Vegas crash

May 7, 2025
Amazon’s Zoox issued a software recall for 270 of its robotaxis after a crash in Las Vegas last month, the company said Tuesday. The…
Investing

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…
Investing

Rite Aid files for second bankruptcy in two years

May 6, 2025
U.S. pharmacy chain Rite Aid on Monday filed for bankruptcy protection for the second time in as many years, according to a…
Investing

Temu halts shipping direct from China as de minimis tariff loophole is cut off

May 5, 2025
Chinese bargain retailer Temu changed its business model in the U.S. as the Trump administration’s new rules on low-value shipments took effect Friday. In…
Investing

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

May 3, 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….
Investing

Netflix stock is trading at all-time high levels in unprecedented win streak

May 3, 2025
Netflix is on a winning streak. The streaming giant’s stock has traded for 11 straight days without a decline, the company’s longest positive…
Investing

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

May 2, 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…
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