Posted inBusiness
Capital One and Discover merger approved by Federal Reserve
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…
Posted inBusiness
U.S. judge finds Google holds illegal online ad tech monopolies
Alphabet’s Google illegally dominated two markets for online advertising technology, a judge ruled Thursday, dealing…
Posted inBusiness
Hermès to hike U.S. prices for iconic bags and scarves in response to Trump tariffs
French luxury group Hermès will raise its U.S. prices from the start of May in order to…
Posted inBusiness
Target CEO to meet with Rev. Al Sharpton as civil rights groups threaten boycotts over DEI
Target CEO Brian Cornell will meet with the Rev. Al Sharpton this week in New York…
Posted inBusiness
Cash App owner Block pays $40 million in settlement over ‘serious compliance deficiencies’
New York state’s top financial regulator struck a $40 million settlement Thursday with Block Inc.,…
Posted inBusiness
OpenAI in talks to pay about $3 billion to acquire AI coding startup Windsurf
OpenAI is in talks to pay about $3 billion to acquire Windsurf, an artificial intelligence…
Posted inBusiness
Temu slashes U.S. ad spending, plummets in App Store rankings after Trump China tariffs
Chinese online retailer Temu, whose “Shop like a billionaire” marketing campaign made its way to…
Posted inBusiness
Universal’s new Epic Universe park set to generate $2 billion for Florida in year one
Epic things are coming to Orlando. In a little more than a month, Universal will officially open…
Posted inBusiness
Hertz says 2024 hack exposed some customers’ driver license and credit card data
Hertz is notifying customers that a data hack late last year may have exposed their…