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Investing

SEC dropping crypto lawsuit, Coinbase says

The largest U.S.-based cryptocurrency exchange said Friday that the Securities and Exchange Commission would drop its lawsuit against it, a signal that…
Investing

Meta approves plan for bigger executive bonuses following 5% layoffs

Executives at Meta stand to get bigger bonuses this year.  The company said in a corporate filing Thursday that it had approved “an increase in the…
Investing

Amazon surpasses Walmart in revenue for the first time

Amazon has dethroned Walmart in quarterly revenue for the first time ever. Amazon said earlier this month that it brought in $187.8 billion in revenue during the…
Investing

Walmart is getting a bump from a surprising cohort: Wealthier shoppers

Walmart is known for its low prices and no frills approach. So it may come as a surprise that wealthier shoppers are helping…
Investing

JetBlue talking to ‘multiple airlines’ about a new partnership

JetBlue Airways is talking with “multiple airlines” about a potential new partnership after federal judges struck down two previous deals, the carrier’s president…
Investing

Walmart says it’s ‘not going to be completely immune’ from Trump’s tariffs

Walmart would likely see some impact from tariffs President Donald Trump is seeking to impose, especially if ones threatened against Canada and…
Investing

Airbus could prioritize deliveries to non-U.S. customers if Trump tariffs impede trade, CEO says

Airbus could prioritize deliveries to its non-U.S. customers if tariffs disrupt the European plane maker’s imports stateside, CEO Guillaume Faury said Thursday. “We…
Investing

ESPN plans to add user-generated content to upcoming ‘flagship’ streaming service

In an attempt to court younger audiences, Disney’s ESPN is planning to add some user-generated content to its yet-to-be-named flagship streaming service, which will…
Investing

KFC moves U.S. headquarters from Kentucky to Texas

KFC is leaving Kentucky. The fried chicken chain’s U.S. headquarters will move from Louisville, Kentucky, to Plano, Texas, owner Yum Brands said Tuesday. About…
Investing

Argentine President Milei faces impeachment calls for promoting cryptocurrency that tanked

Argentine President Javier Milei is facing withering criticism, including some calls for impeachment, after promoting a new cryptocurrency on his social media…
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