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    Amazon’s Zoox robotaxi unit issues software recall after recent Las Vegas crash

    by May 6, 2025
    by May 6, 2025

    Amazon’s Zoox issued a software recall for 270 of its robotaxis after a crash in Las Vegas last month, the…

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  • Investing

    Rite Aid files for second bankruptcy in two years

    by May 6, 2025
    by May 6, 2025

    U.S. pharmacy chain Rite Aid on Monday filed for bankruptcy protection for the second time in as many years, according…

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  • Investing

    Skechers to be acquired by 3G Capital in take-private deal, shares soar 25%

    by May 6, 2025
    by May 6, 2025

    Footwear giant Skechers has agreed to be acquired by private equity firm 3G Capital for $63 per share, ending its nearly three-decade…

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  • Investing

    Temu halts shipping direct from China as de minimis tariff loophole is cut off

    by May 4, 2025
    by May 4, 2025

    Chinese bargain retailer Temu changed its business model in the U.S. as the Trump administration’s new rules on low-value shipments took effect…

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  • Investing

    Jeff Bezos discloses plan to sell up to $4.8 billion in Amazon stock

    by May 3, 2025
    by May 3, 2025

    Amazon founder Jeff Bezos plans to sell up to 25 million shares in the company over the next year, according to a financial…

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  • Investing

    Netflix stock is trading at all-time high levels in unprecedented win streak

    by May 3, 2025
    by May 3, 2025

    Netflix is on a winning streak. The streaming giant’s stock has traded for 11 straight days without a decline, the company’s…

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  • Investing

    Data center boom in world’s largest market isn’t slowing down, Dominion Energy says

    by May 2, 2025
    by May 2, 2025

    Data center demand is not slowing down in the world’s largest market centered in northern Virginia, executives at Dominion Energy said Thursday.…

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  • Investing

    Tesla denies report it’s looking to replace Elon Musk

    by May 2, 2025
    by May 2, 2025

    Shares of Tesla were flat in premarket trading Thursday after the EV maker denied a Wall Street Journal report that its board…

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  • Investing

    Nvidia says Anthropic is telling ‘tall tale’ in its defense of U.S. AI chip restrictions on China

    by May 2, 2025
    by May 2, 2025

    Nvidia blasted Anthropic Thursday in a rare public clash over artificial intelligence policy with U.S. chip export restrictions set to take effect. “American firms should focus on…

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  • Investing

    Amazon is stepping up to fill a gap in Hollywood’s movie slate

    by May 1, 2025
    by May 1, 2025

    Tech is saving Hollywood — though not in the way you might think. Back in 2022, e-commerce giant and relative…

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