Posted inEconomy
AMD CEO calls China a ‘large opportunity’ and warns against strict U.S. chip controls
Advanced Micro Devices CEO Lisa Su said China is a “large opportunity” market for the semiconductor and artificial intelligence industry…
Posted inEconomy
Judge allows lawsuit over Burger King’s Whopper ads to move forward
A federal judge ruled on Monday that a class action lawsuit alleging that Burger King…
Posted inEconomy
Amazon’s Zoox robotaxi unit issues software recall after recent Las Vegas crash
Amazon’s Zoox issued a software recall for 270 of its robotaxis after a crash in…
Posted inEconomy
Skechers to be acquired by 3G Capital in take-private deal, shares soar 25%
Footwear giant Skechers has agreed to be acquired by private equity firm 3G Capital for $63 per…
Posted inEconomy
Rite Aid files for second bankruptcy in two years
U.S. pharmacy chain Rite Aid on Monday filed for bankruptcy protection for the second time…
Posted inEconomy
Temu halts shipping direct from China as de minimis tariff loophole is cut off
Chinese bargain retailer Temu changed its business model in the U.S. as the Trump administration’s new rules…
Posted inEconomy
Tesla denies report it’s looking to replace Elon Musk
Shares of Tesla were flat in premarket trading Thursday after the EV maker denied a Wall Street…
Posted inEconomy
Data center boom in world’s largest market isn’t slowing down, Dominion Energy says
Data center demand is not slowing down in the world’s largest market centered in northern…
Posted inEconomy
Netflix stock is trading at all-time high levels in unprecedented win streak
Netflix is on a winning streak. The streaming giant’s stock has traded for 11 straight days…
Posted inEconomy
Jeff Bezos discloses plan to sell up to $4.8 billion in Amazon stock
Amazon founder Jeff Bezos plans to sell up to 25 million shares in the company over the…