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UnitedHealthcare sued by shareholders over reaction to CEO’s killing

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

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 even as export controls and evolving tariff…
Investing

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 falsely advertised the size of its signature…
Investing

NBA star Russell Westbrook launches AI-enabled funeral planning startup

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

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 Las Vegas last month, the company said Tuesday. The…
Investing

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 in as many years, according to a…
Investing

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 share, ending its nearly three-decade run as…
Investing

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 on low-value shipments took effect Friday. In…
Investing

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 Journal report that its board was searching…
Investing

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 Virginia, executives at Dominion Energy said Thursday. Dominion provides…
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