Joann, the 80-year-old fabrics and crafts retailer, announced it will close all its stores following financial difficulties and a second Chapter 11 bankruptcy filing within a year. The […]
Apple shareholders are expected to consider scrapping diversity programs amid backlash
Apple shareholders are anticipated to reject a proposal on Tuesday aimed at pressuring the company to eliminate its corporate diversity programs. The proposal, drafted by the National Center […]
US consumer confidence plummets in February, biggest monthly decline since 2021
WASHINGTON — U.S. consumer confidence experienced a sharp decline in February, marking the largest monthly drop in over four years, according to a report by a business research […]
Super Micro Computer Approaches Filing Deadline Tuesday to Avoid Delisting
Super Micro Computer (SMCI) faces its next obstacle on Tuesday, with the server maker facing the Nasdaq’s filing deadline to avoid being delisted from the exchange. The company […]
The Billionaires Benefitting From H-1B Visas
A handful of immigrant billionaires got their start in the U.S. with the help of a visa designed to lure highly skilled talent. Now, some of the nation’s […]
Krispy Kreme Stock Hits Record Low Amid Earnings Disappointment
Krispy Kreme’s stock is heading towards a record low as its earnings outlook points to further disappointment. The company missed its Q4 revenue estimates, leading to a significant […]
Tesla launches limited Full Self-Driving in China to mixed reviews
Tesla has introduced a limited version of its Full Self-Driving (FSD) features in China, receiving mixed feedback due to its limited capabilities compared to promises and local competitors. […]
Stock market today: Wall Street sinks as US consumers get more pessimistic about inflation, tariffs
Wall Street experienced declines on Tuesday as U.S. households grew more pessimistic about the economy due to inflation, tariffs, and other policies from Washington. The S&P 500 fell […]
February consumer confidence posts biggest drop since 2021 in latest sign of slowing economy
Consumer confidence in the U.S. experienced a significant decline in February, reflecting growing concerns about a slowing economy and rising inflation, according to the Conference Board. The Consumer […]
Nvidia Sees Surge in H20 Chip Demand from China Amid DeepSeek’s Popularity
Nvidia (NVDA) is experiencing significant demand for its H20 AI chips in China, driven by the rising adoption of DeepSeek’s cost-effective AI models. Major Chinese tech firms like […]