DoorDash has agreed to pay $16.8 million in restitution to approximately 63,000 workers after it was revealed the company had pocketed customer tips during its early operations. The […]
Musk’s Starlink Gets FAA Contract, Raising Conflict of Interest Concerns
SpaceX’s Starlink internet system has been contracted by the Federal Aviation Administration (FAA) to upgrade its IT networks, sparking conflict of interest concerns given Elon Musk’s role in […]
Costco’s Stock Faces Challenges Amid Valuation Concerns
A long-term shareholder of Costco Wholesale has expressed concerns over the company’s future returns, citing overvaluation. Various financial analyses suggest that Costco (NASDAQ:COST) is due for a market […]
Nasdaq futures tumble, yields lower as Trump reportedly plans tougher chip curbs on China
Stock index futures declined on Tuesday, with Nasdaq futures experiencing a significant drop following reports that the Trump administration intends to impose stricter chip restrictions on China compared […]
Apple commits to ‘largest ever’ $500bn US investment
Apple has announced plans to invest over $500 billion in the U.S. over the next four years, starting with a new advanced manufacturing factory in Texas. This investment […]
Home Depot snaps its losing streak
Home Depot has resumed growth, ending a streak of declining sales. The largest home improvement retailer in the U.S. reported on Tuesday that same-store sales increased by 0.8% […]
Mass Layoffs in US Government and Their Economic Impact
Mass layoffs of federal workers could have significant impacts on families and local economies, although the overall economy may remain largely unaffected. According to reports from Reuters, CNN, […]
Coca-Cola’s appeal to Palestinians fizzles as the Mideast war boosts demand for a local look-alike
In the Israeli-occupied West Bank, Coca-Cola’s popularity has waned amid rising anti-American sentiment fueled by the Israel-Hamas conflict. Palestinian consumers, protesting U.S. support for Israel, have turned to […]
Eli Lilly is selling higher-dose vials of Zepbound at a lower price to boost weight loss drug access
Eli Lilly has introduced higher doses of its weight loss drug Zepbound in single-dose vials at significantly reduced prices to improve access for patients without insurance coverage, including […]
ASML and NVDA in Firing Line as Trump Aims to Tighten China Chip Controls
Shares of ASML (ASML) declined early Tuesday after reports indicated the White House is considering stricter restrictions on the Dutch chipmaker’s operations in China. In Europe, ASML’s stock […]