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Investing

Amazon taps Xbox co-founder to lead new team developing ‘breakthrough’ consumer products

Amazon’s devices unit has a new team tasked with inventing “breakthrough” consumer products that’s being led by a former Microsoft executive who…

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Investing

Nvidia results spark global chip rally

Nvidia shares jumped on Thursday after posting a positive set of earnings, sparking a rally in global semiconductor stocks. Shares of Nvidia…

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Investing

Boeing to resume airplane deliveries to China next month, ramp up Max production, CEO says

Boeing’s airplane deliveries to China will resume next month after handovers were paused amid a trade war with the Trump administration, CEO…

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Investing

E.l.f. Beauty to acquire Hailey Bieber skin care brand Rhode in up to $1 billion deal

E.l.f. Beauty announced on Wednesday plans to acquire Hailey Bieber’s beauty brand Rhode in a deal worth up to $1 billion as…

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Investing

Dick’s Sporting Goods stands by full-year guidance — even with tariffs looming

Dick’s Sporting Goods said Wednesday it’s standing by its full-year guidance, which includes the expected impact from all tariffs currently in effect….

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Investing

Macy’s CEO says retailer will hike some prices as tariffs cut into profits

Macy’s cut its full-year profit guidance on Wednesday even as it beat Wall Street’s quarterly earnings expectations, as the retailer’s CEO said…

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Investing

23andMe to delist from Nasdaq, deregister with SEC

23andMe on Tuesday announced it will voluntarily delist from the Nasdaq and de-register with the U.S. Securities and Exchange Commission, according to…

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Investing

Walmart fined for shipping realistic toy guns to New York, violating state law

Walmart agreed to pay a small fine and promised to ensure its third-party resellers are unable to sell realistic looking toy guns…

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Investing

Why Trump’s iPhone tariff threat might not be enough to bring production to the U.S.

The once-solid relationship between President Donald Trump and Apple CEO Tim Cook is breaking down over the idea of a U.S.-made iPhone….

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Investing

FTC drops Biden-era suit accusing Pepsi of price discrimination

The Federal Trade Commission voted to dismiss a lawsuit filed in the last days of the Biden administration that accused PepsiCo of…

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