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Temu halts shipping direct from China as de minimis tariff loophole is cut off
Posted inBusiness

Temu halts shipping direct from China as de minimis tariff loophole is cut off

Chinese bargain retailer Temu changed its business model in the U.S. as the Trump administration’s new rules…
May 5, 2025
Data center boom in world’s largest market isn’t slowing down, Dominion Energy says
Posted inBusiness

Data center boom in world’s largest market isn’t slowing down, Dominion Energy says

Data center demand is not slowing down in the world’s largest market centered in northern…
May 3, 2025
Netflix stock is trading at all-time high levels in unprecedented win streak
Posted inBusiness

Netflix stock is trading at all-time high levels in unprecedented win streak

Netflix is on a winning streak. The streaming giant’s stock has traded for 11 straight days…
May 3, 2025
Jeff Bezos discloses plan to sell up to $4.8 billion in Amazon stock
Posted inBusiness

Jeff Bezos discloses plan to sell up to $4.8 billion in Amazon stock

Amazon founder Jeff Bezos plans to sell up to 25 million shares in the company over the…
May 3, 2025
Tesla denies report it’s looking to replace Elon Musk
Posted inBusiness

Tesla denies report it’s looking to replace Elon Musk

Shares of Tesla were flat in premarket trading Thursday after the EV maker denied a Wall Street…
May 3, 2025
Nvidia says Anthropic is telling ‘tall tale’ in its defense of U.S. AI chip restrictions on China
Posted inBusiness

Nvidia says Anthropic is telling ‘tall tale’ in its defense of U.S. AI chip restrictions on China

Nvidia blasted Anthropic Thursday in a rare public clash over artificial intelligence policy with U.S. chip export restrictions set to take effect.…
May 2, 2025
Amazon is stepping up to fill a gap in Hollywood’s movie slate
Posted inBusiness

Amazon is stepping up to fill a gap in Hollywood’s movie slate

Tech is saving Hollywood — though not in the way you might think. Back in…
May 2, 2025
Tesla denies report that the EV maker is looking to replace Elon Musk
Posted inBusiness

Tesla denies report that the EV maker is looking to replace Elon Musk

Shares of Tesla were flat in premarket trading Thursday after the EV maker denied a Wall Street…
May 2, 2025
Consumers are not lovin’ it: McDonald’s has its worst quarter since 2020
Posted inBusiness

Consumers are not lovin’ it: McDonald’s has its worst quarter since 2020

McDonald’s reported its worst quarterly sales for the United States since the height of the…
May 2, 2025
Nvidia CEO Jensen Huang warns China is ‘not behind’ in AI
Posted inBusiness

Nvidia CEO Jensen Huang warns China is ‘not behind’ in AI

Nvidia CEO Jensen Huang said on Wednesday that China is “not behind” in artificial intelligence, and…
May 1, 2025

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