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Apple Faces Congressional Pressure Over Closure of Unionized Towson Store in Maryland
Apple faces scrutiny from Congress over plans to close its unionized Towson store, tackling concerns about labor rights and worker protections.
United Airlines Flight From NJ to Spain Pulls U-Turn Over Bluetooth Device Allegedly Named 'Bomb'
United Airlines Flight 236 from Newark to Spain turned back after a Bluetooth device allegedly named "BOMB" triggered a midair security scare and emergency response.
Gap Cuts Sales Outlook After Old Navy Miss, Raises Profit Forecast on Tariff Relief and Tax Benefits
Gap cuts 2026 sales outlook after Old Navy miss but lifts profit forecast, citing tariff relief, tax benefits, and interest income despite mixed brand performance.
Temu Hit With $232M Fine Over Selling Toxic Toys and Unsafe Electronics
Temu fined $232M by EU for allowing toxic toys and unsafe electronics, after a probe under the Digital Services Act found widespread illegal, high-risk products on its platform.
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AI Investment Bubble Concerns Grow as Big Tech Spending Soars While Revenue Lags Behind Expectations
AI boom faces scrutiny as spending soars, revenue lags, and financial risks grow across Big Tech, startups, and global markets AI economy pressure now.
Apple and Samsung are tied in Europe smartphone market in 2026 as shifting demand, launches, and pricing reshape global competition in Q1 2026.
Uber has proposed a $39.29-per-share takeover of German food delivery group Delivery Hero, valuing it near €10 billion and expanding Uber's global delivery footprint.
Shein acquires California-based Everlane in a deal that keeps Everlane as an independent, sustainability-focused brand while giving Shein a stronger U.S. and premium retail foothold.
President Trump delays signing an AI executive order creating a voluntary federal review process for advanced systems, citing concerns about overregulation and maintaining U.S. technological leadership.
Walmart warns it may raise prices if fuel costs stay high, as rising transportation and energy expenses squeeze profits and pressure consumers already facing higher living costs.
Jeff Bezos denies personal involvement in Amazon's $40M "Melania" documentary but defends the controversial Brett Ratner-directed film as a commercially sound, high-interest business decision.
Meta notified thousands of employees on May 20 that they were laid off to improve efficiency, representing 10% of the workforce, with no additional company-wide cuts expected in 2026.
A rejected "Pokémon" Professor applicant sues over certification denial, alleging unfair background check policies and lost business opportunities.
Xbox appoints Matthew Ball as Chief Strategy Officer as Microsoft pushes new gaming plans and hardware ambitions.

















