S&P 500 futures remained relatively unchanged on Monday evening following a third consecutive session of declines as the broad market index failed to recover from last week’s sell-off. […]
Technology
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Apple’s Major Investment Cements Houston as a Leading U.S. Manufacturing and Tech Hub
Houston is emerging as a key player in U.S. manufacturing and technology following Apple’s announcement of a new advanced manufacturing facility. Part of a $500 billion national investment, […]
NewsLetter
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Elizabeth Holmes fails to overturn her Theranos fraud conviction
SAN FRANCISCO (AP) — Elizabeth Holmes, the founder of Theranos, has failed in her attempt to overturn her fraud conviction. A federal appeals court in San Francisco upheld […]
Economy
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Starbucks asks office workers to stay home as it announces 1,100 job cuts
Starbucks has announced a significant workforce adjustment, asking office workers to stay home and cutting 1,100 jobs. This decision comes amid broader strategic changes within the company. The […]
Banks
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Berkshire’s Insurance Income Soars
Berkshire Hathaway (BRK.B 4.96%) reported strong Q4 operating earnings of $14.5 billion, a 71% increase from Q4 2023, driven by a surge in insurance underwriting income and investment […]
Markets
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Stocks Turn Lower on Weakness in Magnificent Seven Stocks
The S&P 500 Index ($SPX) fell -0.37%, the Dow Jones Industrials Index ($DOWI) rose +0.02%, and the Nasdaq 100 Index ($IUXX) dropped -0.85%. March E-mini S&P futures (ESH25) […]
Economy
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Theranos founder Elizabeth Holmes’ conviction upheld by US appeals court
The U.S. appeals court has upheld the conviction of Theranos founder Elizabeth Holmes, who is serving over 11 years for defrauding investors with false claims about her company’s […]
NewsLetter
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A Delta flight from Atlanta was forced to turn around and evacuate after ‘haze’ was seen in the cabin
A Delta Air Lines flight heading to Columbia, South Carolina, returned to Hartsfield-Jackson Atlanta International Airport on Monday morning after a “haze” was observed inside the aircraft. The […]
Uncategorized
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DoorDash to pay NY delivery workers $17 million
DoorDash has agreed to pay nearly $17 million to settle claims that it used customer tips to subsidize the wages of its delivery workers in New York between […]
Technology
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Microsoft shelves AI data-center deals in sign of potential oversupply, brokerage says
Microsoft has reportedly canceled leases for significant data center capacity in the U.S., signaling a potential oversupply as the tech giant expands its artificial intelligence infrastructure, according to […]