Leira Aquino

KAZUHIRO NOGI/AFP via Getty Images

SoftBank's Arm Set to Launch AI Chips in 2025; Aims to Meet Surging Market Demand

SoftBank's latest venture emerges amidst the rising demand for AI-driven technologies across various sectors.

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Chuck Schumer Calls on FTC to Halt Chevron-Hess $53 Billion Merger

Chuck Schumer Calls on FTC to Halt Chevron-Hess $53 Billion Merger

Chuck Schumer's call to action is based on his concern that such mergers could grant oil giants excessive influence over gas prices, leading to potential price increases that would impact consumers.

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Japan-Tokyo Electric Power Co (TEPCO) Kashiwazaki-Kariwa Nuclear Power Plant

Japan's Largest Nuclear Plant Poised for Resumption, BNEF Says

After more than ten years of being offline, this step would represent a crucial move towards stabilizing power costs in the country.

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Apple -Towson, Maryland

Maryland Apple Store Workers Vote to Authorize Strike Over Working Conditions

Nearly two-thirds of workers voting in favor of strike authorization reflects growing concerns among employees about their working conditions.

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FTX

FTX Bankruptcy: Refunds Expected for Most Customers, Excludes Crypto Gains

The plan, pending court approval, details that almost all customers will be reimbursed the funds they are owed, with some receiving amounts exceeding their original claims.

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Amazon Prime Video

Amazon Prime Video to Roll Out Product Ads on Screens When Users Hit Pause

The main addition to Amazon Prime Video will be "pause ads," which will display when viewers pause content on the platform by pressing the pause button.

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Opening Statements Begin In Former President Donald Trump's New York Hush Money Trial

Donald Trump's Estate Tax Cut Renewal Spells $4.6 Trillion Price Tag, Congressional Estimates Reveal

The Congressional Budget Office disclosed that extending the measure would result in an additional cost of $1.1 trillion compared to initial estimates.

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Macy's To Close 150 Stores

NY Retail Theft Ring Busted: Macy's, Ulta Beauty, Other Retailers Targeted in $1M Fencing Operation

Authorities recovered enough stolen property to fill 450 medium cardboard boxes, with Macy's alone accounting for $212,000 worth of the seized goods.

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Amgen

Amgen Challenges Novo Nordisk, Eli Lilly in Weight Loss Drug Market as Investors Flock for Next Obesity Drug Payout

Amgen witnessed an impressive 12% surge in its shares on Friday, marking its most substantial single-day increase in nearly 15 years.

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Spirit Airlines Offers Early Departure Packages to Salaried Employees: Here's Why

Spirit Airlines CEO Exposes US Airline Industry as 'Rigged Game' That Favors Major Carriers

Ted Christie pointed out the dominance of profits by a handful of major carriers like American Airlines, Delta Air Lines, United Airlines, and Southwest Airlines, who together hold 78% of US domestic airline seats.

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Sonnenkraft

Sonnenkraft Unveils Terracotta Solar Panel for Historic Buildings, Red-Tiled Roofs

The 400W double-glass solar panels feature red frames and have obtained general building approval from the German Institute for Building Technology (DIBt).

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Panera Bread Charged Lemonade Pulled from Menu Following Lawsuits Linking Caffeinated Sips to Deaths

Panera Bread Charged Lemonade Pulled from Menu Following Lawsuits Linking Caffeinated Sips to Deaths

Panera Bread has faced at least three lawsuits alleging that individuals suffered cardiac problems or died after consuming its caffeinated drinks.

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ByteDance, TikTok

Former TikTok Executive Accuses ByteDance of Extensive Control Over Platform

A former TikTok executive claims that CEO Shou Zi Chew mainly serves as a "conduit" for ByteDance executives who truly make the decisions for the platform.

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US-ISRAEL-PALESTINIAN-CONFLICT-PROTEST

Hims & Hers CEO Responds to Backlash After Facing Stock Plunge Over Comments Praising Anti-Israel Protesters

Hims & Hers CEO Andrew Dudum clarified that he does not condone violence, antisemitism, or intimidation.

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Lululemon Reports Positive Sales Growth

Canada: Competition Bureau Probes Lululemon Over 'Greenwashing' Allegations

A complaint reveals Lululemon's marketing-environmental impact discrepancies, citing a significant rise in greenhouse gas emissions since the "Be Planet" campaign's started in 2020.

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