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Categories Business

Capital One and Discover merger approved by Federal Reserve

April 19, 2025

Capital One Financial’s application to acquire Discover Financial Services in a $35.3 billion all-stock deal has officially been approved by the Federal Reserve and the Office of the Comptroller

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Categories Business

U.S. judge finds Google holds illegal online ad tech monopolies

April 18, 2025

Alphabet’s Google illegally dominated two markets for online advertising technology, a judge ruled Thursday, dealing another blow to the tech giant and

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Categories Business

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

April 18, 2025

Harvard’s brewing conflict with the Trump administration could come at a steep cost — even for the nation’s richest university. On April 14,

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Categories Business

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

April 18, 2025

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

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Categories Business

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

April 18, 2025

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

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Categories Business

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

April 17, 2025

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

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Categories Business

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

April 16, 2025

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

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Categories Business

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

April 16, 2025

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

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Categories Business

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

April 15, 2025

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

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Categories Business

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

April 11, 2025

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

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