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Categories Business

Abercrombie expects a strong holiday quarter as growth run continues

November 27, 2024

Abercrombie & Fitch isn’t giving up its crown anytime soon.  The apparel company issued strong holiday guidance on Tuesday after posting its sixth straight

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Categories Business

SEC issues summons for Gautam Adani, nephew on bribery allegations

November 26, 2024

The U.S. Securities and Exchange Commission has issued a summons to Indian billionaire Gautam Adani, indicted on U.S. bribery allegations related to a bombshell federal

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Categories Business

Macy’s says employee hid up to $154 million in expenses since 2021

November 26, 2024

Macy’s on Monday said an employee responsible for managing accounting for small package deliveries concealed up to $154 million in expenses over

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Categories Business

Gov. Gavin Newsom says he will provide residents rebates if Trump removes EV tax credit

November 26, 2024

California Gov. Gavin Newsom said the state will provide rebates to residents if President-elect Donald Trump’s incoming administration does away with a

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Categories Business

Microsoft 365 working to address potential Outlook and Teams outage

November 26, 2024

If you’re a Microsoft 365 user, this Monday may have been a little more frustrating for you than usual. The product family of

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Categories Business

Can Starbucks fix long lines at its airport cafes?

November 26, 2024

Air travelers face a host of headaches on their journeys: slow security lines, long waits for plush lounges, the threat of delays or cancellations — and the

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Categories Business

Judge says he must still approve sale of Infowars to The Onion

November 26, 2024

A federal judge said Monday he may hold an evidentiary hearing next month to help determine whether to approve the sale of

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Categories Business

‘Wicked’ tallies $19M in previews, as ‘Gladiator II’ team-up heads for $200M opening weekend

November 24, 2024

The box office this weekend will be painted pink and green, with a splash of red. Universal’s “Wicked” and Paramount’s “Gladiator II” arrive ahead of the

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Categories Business

Amazon to invest another $4 billion in Anthropic, OpenAI’s biggest rival

November 24, 2024

Amazon on Friday announced it would invest an additional $4 billion in Anthropic, the artificial intelligence startup founded by ex-OpenAI research executives. The new

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Categories Business

CFPB expands oversight of digital payments services including Apple Pay and Cash App

November 23, 2024

The Consumer Financial Protection Bureau on Thursday issued a finalized version of a rule saying it will soon supervise nonbank firms that offer financial services likes

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