The financial old guard is embracing digital assets anew and considering giving core products a crypto update. Crypto optimism soared after President Trump’s re-election, with Bitcoin hitting an […]
Technology
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European Regulators Take Action Against Apple and Google Amid US Criticism
The European Commission continues its efforts to regulate Big Tech companies, announcing actions against Apple and Google despite warnings from former US President Donald Trump. Apple is required […]
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Nestlé USA Recalls Lean Cuisine and Stouffer’s Frozen Meals Due to Wood-Like Material Complaints
Nestlé USA has initiated a recall of certain Lean Cuisine and Stouffer’s frozen meals sold across the U.S. following consumer complaints about wood-like material, including one potential choking […]
Technology
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Cyberstarts Reaps 222x Return on Early Wiz Investment After Google Acquisition
The acquisition of Wiz by Alphabet for $32 billion offers substantial returns for early investors. Sequoia Capital stands to gain about 25x its investment, while Israel-based VC firm […]
Markets
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S&P 500 Gains Driven by Boeing Amid Mixed Market Signals
The S&P 500 advanced 1.1% following the Federal Reserve’s decision to maintain benchmark interest rates. The Fed projected higher inflation and slower economic growth. Boeing shares surged 6.8%, […]
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Ben & Jerry’s CEO Fired Over Political Stances, Lawsuit Claims
Ben & Jerry’s accuses parent company Unilever of breaching their merger agreement by firing its CEO due to the brand’s progressive political comments. The amended complaint states that […]
Economy
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Amtrak CEO Resigns Amid Threatened Funding Cuts by Trump Administration
Amtrak CEO Stephen Gardner announced his resignation, ensuring Amtrak retains the confidence of the administration which is targeting funding for transit systems. The statement did not disclose a […]
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Amazon sues Consumer Product Safety Commission over recall order for hazardous products
Amazon has filed a lawsuit against the U.S. Consumer Product Safety Commission (CPSC) after being found legally responsible for recalling hundreds of thousands of products sold on its […]