President Donald Trump's nominee to be the next chair of the Federal Reserve, Kevin Warsh, said in his confirmation hearing Tuesday that the central bank will remain "strictly independent" and rejected he will be the president's "sock puppet."
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Walmart Issues Recall on Popular Adjustable Dumbbells Over Safety Concerns
Walmart recalls 50,000 adjustable dumbbells after reports of injuries caused by weight plates detaching during use, prompting urgent safety warnings.
Leopoldo Alejandro Betancourt López and the Banque de Dakar's Bet on French-Speaking Africa's Unbanked Majority
The Banque de Dakar, backed by Leopoldo Alejandro Betancourt López through the BDK Financial Group, launched with a specific mandate: deliver banking services to French-speaking African nations within the West African Economic and Monetary Union, a region where a substantial majority of adults have historically operated outside the formal financial system.
Meta, Microsoft Announce Job Cuts; Thousands of Employees Set to Lose Their Jobs
Meta and Microsoft have separately announced that they will be slashing thousands of jobs as they continue to invest in AI.
Nintendo Sued Over Trump Tariff Refunds as Consumers Demand Payback For Switch Price Hikes
Nintendo faces a lawsuit accusing the company of keeping Trump tariff refunds instead of repaying consumers affected by Switch price hikes.
Latest News
The Lufthansa Group has announced that it will be slashing 20,000 short-haul flights as the jet fuel crisis continues.
Donald Trump's new psychedelics order aims to speed research but raises concerns about slow federal drug policy progress and delays.
Tesla has reached a settlement in a Florida wrongful death case tied to a 2018 crash involving a disputed speed limiter feature and teenage fatalities.
Elon Musk has been summoned in Paris for a voluntary interview as French investigators probe allegations involving X, including deepfakes, illegal content, and possible platform misuse.
Rivian Automotive faces a setback after a tornado damages its Illinois factory, impacting R2 production operations but leaving workers safe.
Apple names John Ternus as CEO as Tim Cook shifts to chairman, marking a major leadership transition amid growing AI and global challenges.
Meta hires key engineers from Mira Murati's $12B AI startup, highlighting an intensifying talent war as top firms compete for elite AI expertise.
California lawsuit accuses Amazon of pressuring brands to raise prices on rival sites, potentially limiting competition and driving higher costs for consumers.
Eli Lilly is reportedly nearing a $2 billion deal to acquire Kelonia Therapeutics, aiming to expand its cancer treatment portfolio with next-generation therapies.
