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Categories Business

Nvidia’s $279 billion wipeout — the biggest in U.S. history — drags down global chip stocks

Author admin September 5, 2024

Global semiconductor and associated stocks fell on Wednesday, following a steep plunge in Nvidia’s share price in the U.S. overnight. In the U.S.,

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Categories Business

Volkswagen braces for showdown with unions after warning of possible German plant closures

Author admin September 4, 2024

German automotive giant Volkswagen is bracing for a showdown with trade unions shortly after it said it cannot rule out shutting factories in its home country

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Categories Business

NBC ripped up its Olympics playbook for 2024 — so far, the new strategy paid off

Author admin September 4, 2024

Comcast’s NBCUniversal has a longstanding bet on the Olympics, but this summer the company threw all of its resources at the Games in

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Categories Business

NFL season expected to spur record $35 billion in legal sports wagers

Author admin September 4, 2024

Football is back, and it’s expected to bring with it record-breaking betting. U.S. adults will wager $35 billion this NFL season, according to

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Categories Business

Buffett’s Berkshire Hathaway hits $1 trillion market value, first U.S. company outside of tech to do so

Author admin September 3, 2024

Warren Buffett’s Berkshire Hathaway reached a $1 trillion market capitalization on Wednesday, the first nontechnology company in the U.S. to score the coveted milestone. Shares

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Categories Business

Ford joins list of companies walking back DEI policies

Author admin September 3, 2024

Ford Motor is the latest company to walk back some of its commitments to diversity, equity and inclusion initiatives. The automaker has taken “a

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Categories Business

Where are low-cost airlines cutting back now? New planes.

Author admin September 3, 2024

Airlines that spent years clamoring for new jets are changing their tune. Cash-strapped, low-cost and deep discounter airlines are putting off spending billions

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Categories Business

Care.com settles charges it inflated jobs listings and forced membership renewals

Author admin September 3, 2024

Aug 26 (Reuters) — Care.com, a platform for providing in-home care services to children, older adults and pets, agreed to pay $8.5

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Categories Business

ESPN networks, ABC and Disney channels go dark on DirecTV on a busy night for sports

Author admin September 3, 2024

ESPN has gone off the air on a major carrier for the second straight year during the U.S. Open tennis tournament and

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Categories Business

The economy is holding up despite signs of slowdown as some wait for the other shoe to drop

Author April 8, 2023

Talk of the U.S. entering a recession has been swirling for at least a year now, as the Federal Reserve’s campaign to

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