Walmart has agreed to pay $10 million to settle a Federal Trade Commission civil lawsuit accusing the world’s largest retailer of ignoring warning signs that fraudsters used its money transfer services to fleece consumers out of hundreds of millions of dollars
Category Archives: business
Apple sued by shareholders who allege it overstated AI progress
Apple was sued on Friday by shareholders in a proposed securities fraud class action that accused it of downplaying how long it needed to integrate advanced artificial intelligence into its Siri voice assistant, hurting iPhone sales and its stock price
S&P 500 posts third straight losing day as traders eye Middle East tensions, Trump’s next steps
The S&P 500 fell on Friday as investors monitored the latest developments out of the Middle East.
Everything we know about Tesla’s robotaxi launch in Austin
Tesla’s long-overdue robotaxi is finally hitting the streets this weekend, but the rollout may face some roadblocks
Supreme Court rejects toy makers’ request to fast track challenge to Trump’s tariffs
The Supreme Court on Friday rejected a request from two toy companies to expedite their challenge to President Donald Trump’s tariffs
Tesla agrees to first deal to build China’s largest grid-scale battery power plant
Tesla has inked its first deal to build a grid-scale battery power plant in China amid a strained trading relationship between Beijing and Washington
Fed should consider cutting rates as early as July, official says
Fed Governor Christopher Waller’s remarks come as President Trump is pressuring Fed Chair Jay Powell to cut interest rates.
Trump rips Jerome Powell after Fed holds interest rates steady
President Donald Trump ripped into Federal Reserve Chair Jerome Powell, calling him “destructive,” after the central bank kept interest rates steady.
Oil prices rise more than 1% as Israel vows to intensify attacks on Iran
Crude oil futures rose more than 1% on Thursday, after Prime Minister Benjamin Netanyahu ordered Israel’s military to intensify attacks against Iran.
U.S. Steel ceases trading on the NYSE as Japan’s Nippon finalizes takeover
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