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Capital One and Discover merger approved by Federal Reserve
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…
April 19, 2025
U.S. judge finds Google holds illegal online ad tech monopolies
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…
April 19, 2025
Harvard’s battle with the Trump administration is creating a thorny financial situation
Posted inBusiness

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

Harvard’s brewing conflict with the Trump administration could come at a steep cost — even…
April 19, 2025
Hermès to hike U.S. prices for iconic bags and scarves in response to Trump tariffs
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…
April 18, 2025
Target CEO to meet with Rev. Al Sharpton as civil rights groups threaten boycotts over DEI
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…
April 18, 2025
Cash App owner Block pays $40 million in settlement over ‘serious compliance deficiencies’
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.,…
April 17, 2025
OpenAI in talks to pay about $3 billion to acquire AI coding startup Windsurf
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…
April 17, 2025
Temu slashes U.S. ad spending, plummets in App Store rankings after Trump China tariffs
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…
April 17, 2025
Universal’s new Epic Universe park set to generate $2 billion for Florida in year one
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…
April 17, 2025
Hertz says 2024 hack exposed some customers’ driver license and credit card data
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…
April 17, 2025

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