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The word inside CNN is that staffers are thrilled that their parent, Warner Bros. Discovery, agreed to merge with Netflix instead of Paramount Skydance. They fear the latter’s Trump-friendly owners, Larry and David Ellison, would kill the network once they get their grubby hands on “The Most Trusted Name In News.” The Ellisons may be […]
There’s just two months until Christmas Eve, and retailers are meeting a more cautious shopper with earlier offerings. Most retailers won’t report third-quarter results or updated holiday expectations until just before Thanksgiving, largely considered the sector’s most important week of the year. By then, many shoppers will have already started checking off holiday shopping lists. […]
As the peak holiday shopping season approaches, most U.S. consumers have a downbeat outlook on the economy, according to an annual Deloitte survey published on Wednesday. Most consumers surveyed — 57% — said they expect the economy to weaken in the year ahead, the consulting firm found in a poll of roughly 4,000 respondents. That […]
AMD CEO Lisa Su unveils the AMD vision for Advancing Al. Courtesy: AMD Shares of Advanced Micro Devices rose nearly 9% on Monday after analysts at Piper Sandler lifted their price target on the stock on optimism about the chipmaker’s latest product announcement. The analysts said they see a snapback for AMD’s graphics processing units, […]
Twenty-seven states and the District of Columbia have sued the genetic-testing company 23andMe to oppose the sale of DNA data from its customers without their direct consent. The suit, filed on Monday in U.S. Bankruptcy Court in the Eastern District of Missouri, argues that 23andMe needs to have permission from each and every customer before […]
Men work with a jet engine at General Electric (GE) Celma, GE’s aviation engine overhaul facility in Petropolis, Rio de Janeiro, Brazil. YASUYOSHI CHIBA | AFP | Getty Images RTX and GE Aerospace expect a more than $1 billion impact combined from President Donald Trump’s tariffs on imported goods and materials, the latest sign of […]
