Browsing: Business
Lululemon has issued a public apology for using a Japanese drum during a promotional yoga event staged on China’s Great Wall, which triggered a social media firestorm. The Canadian athleisure…
Apple plans to hike its prices, citing the rising costs of storage chips and memory, CEO Tim Cook says. The shift comes as the AI industry has been devouring memory,…
US stocks slumped Wednesday on speculation the Federal Reserve may hike interest rates this year to keep a lid on inflation. Higher rates can tap the brakes on accelerating prices at cash registers,…
The demolition of the iconic Macy’s billboard at Broadway and West 34th Street has been delayed as the department store and the owner of the billboard haggle over its future,…
JetBlue is shutting down key operations at Newark and LaGuardia airports as the struggling carrier shifts resources to booming South Florida in its latest bid to restore profitability. The Queens-based…
Anthropic boss Dario Amodei urged world leaders to “resist the temptation to splinter” in their approaches to AI regulation – even as his employees reportedly posted internal work chats griping…
Kevin Warsh is widely expected to hold interest rates steady in his first meeting as Fed chairman Wednesday afternoon – and all eyes are on whether the committee will signal…
SpaceX “flippers” who sold shares immediately after the company’s massive IPO are kicking themselves after the stock’s meteoric 50% rise – though early options trading shows many are doubtful the…
Billionaire investor Peter Thiel has for years headed a secretive club that gathered tech executives, government officials and financiers for off-the-record retreats featuring discussions about sex, cult-building and even preparations…
G7 leaders in Evian pledged to fight “lingering poverty” worldwide before gorging on caviar and swilling $7,000 magnums of uber-rare red wine, according to a leaked menu of the swanky…