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Categories Business

Netflix shares soar as company reports surging revenue, tops 300 million subscribers

Author January 22, 2025

Shares of Netflix soared more than 13% Tuesday after the company posted fourth-quarter results that beat on the top and bottom lines. The company surpassed

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Categories Business

Goldman Sachs rolls out an AI assistant for its employees as artificial intelligence sweeps Wall Street

Author January 22, 2025

Goldman Sachs is rolling out a generative AI assistant to its bankers, traders and asset managers, the first stage in the evolution of

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Categories Business

‘Moana 2’ tops $1 billion, extending Disney’s box office domination

Author January 22, 2025

The Walt Disney Company’s box office domination continued over the holiday weekend. “Moana 2” topped $1 billion during the Martin Luther King Jr. Day

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Categories Business

Bank of America CEO says financial industry will jump into crypto payments if regulators allow it

Author January 22, 2025

Bank of America CEO Brian Moynihan said Tuesday that the U.S. banking industry will embrace cryptocurrencies for payments if regulators allow it. The head of the

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Categories Business

Trump not expected to carry through on Day 1 tariff threats

Author January 21, 2025

President Donald Trump isn’t expected to carry through on his threat to impose sweeping tariffs on the first day of his presidency,

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Categories Business

DOJ sues Walgreens, alleging it ‘knowingly’ filled millions of invalid prescriptions

Author January 19, 2025

The Department of Justice said Friday that it sued pharmacy giant Walgreens over allegedly dispensing millions of unlawful prescriptions. The DOJ said that Walgreens from August 2012 until the

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Categories Business

Capital One outage drags into Friday afternoon, leaving some customers without deposit access

Author January 18, 2025

An outage affecting Capital One customers dragged into its second day Friday, further preventing some customers from accessing deposits, payments and transfers.

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Categories Business

FDA officially authorizes Zyn nicotine pouches for sale following health review

Author January 17, 2025

The U.S. Food and Drug Administration formally authorized Zyn nicotine pouches for sale after conducting an ‘extensive scientific review’ about their safety. In

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Categories Business

UnitedHealth CEO says U.S. health system ‘needs to function better’

Author January 17, 2025

The CEO of UnitedHealth Group said Thursday that shortcomings of America’s health care system must be addressed. On the company’s first earnings call

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Categories Business

Pepsi sued by federal regulators for giving Walmart preferential soft-drink pricing

Author January 17, 2025

The Federal Trade Commission said Friday that it is suing PepsiCo for illegal price discrimination, alleging the food and beverage giant gave an unnamed retailer more

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