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Investing

Harvard’s battle with the Trump administration is creating a thorny financial situation

Harvard’s brewing conflict with the Trump administration could come at a steep cost — even for the nation’s richest university. On April…
Investing

Hermès to hike U.S. prices for iconic bags and scarves in response to Trump tariffs

French luxury group Hermès will raise its U.S. prices from the start of May in order to offset the impact of President Donald Trump’s…
Investing

Target CEO to meet with Rev. Al Sharpton as civil rights groups threaten boycotts over DEI

Target CEO Brian Cornell will meet with the Rev. Al Sharpton this week in New York as the retailer faces calls for a…
Investing

OpenAI in talks to pay about $3 billion to acquire AI coding startup Windsurf

OpenAI is in talks to pay about $3 billion to acquire Windsurf, an artificial intelligence tool for coding help, CNBC has confirmed….
Investing

Temu slashes U.S. ad spending, plummets in App Store rankings after Trump China tariffs

Chinese online retailer Temu, whose “Shop like a billionaire” marketing campaign made its way to last year’s Super Bowl, has dramatically slashed its…
Investing

Universal’s new Epic Universe park set to generate $2 billion for Florida in year one

Epic things are coming to Orlando. In a little more than a month, Universal will officially open the doors of its newest theme park,…
Investing

Hertz says 2024 hack exposed some customers’ driver license and credit card data

Hertz is notifying customers that a data hack late last year may have exposed their personal data. The rental-car giant said an…
Investing

Cash App owner Block pays $40 million in settlement over ‘serious compliance deficiencies’

New York state’s top financial regulator struck a $40 million settlement Thursday with Block Inc., the parent of Cash App, the popular…
Investing

Retirees ‘stunned’ as market turmoil over tariffs shrinks their 401(k)s

Americans nearing retirement and recent retirees said they were anxious and frustrated following a second day of market turmoil that hit their…
Investing

Buffett denies rumors after Trump shares wild claim that investor backs president crashing market

Warren Buffett went on the record Friday to deny social media posts after President Donald Trump shared on Truth Social a fan…
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