Governors urge grid operator to take action amid record-high power plant prices
Five governors are calling on PJM to take urgent action to address electric bills in their states after the grid operator awarded record-high prices to power plant operators.
Roaring Kitty sells stake in Chewy
Meme stock trader and influencer Keith Gill, known as "Roaring Kitty," has sold his entire stake in pet product e-commerce company Chewy, according to an SEC filing.
Halloween candy aisles see shift amid sky-high cocoa prices
The soaring price of cocoa over the past year has pushed up the cost of chocolate, leading candy companies and consumers to lean toward other options this Halloween.
Social media giant parent fires intern for 'maliciously' interfering with AI project
ByteDance, the China-based owner of TikTok, has confirmed that it terminated an intern over the summer for "maliciously" interfering with an artificial intelligence model.
Ferrari unveils new supercar with $3.9 million price tag
Ferrari unveiled its latest special edition supercar in over a decade on Thursday. The new model, dubbed the F80, has a $3.9 million starting price tag and is already sold out.
Amazon signs nuclear power deals, following Google, Microsoft
Amazon is the latest Big Tech firm to ink deals for nuclear power, following Google and Microsoft, as artificial intelligence drives a need for more energy.
Hardware wholesaler True Value files for bankruptcy, plans sale to rival
Wholesaler True Value filed for bankrtupcy Monday and announced its plans to sell to rival Do It Best. True Value retail stores are not included in the bankruptcy.
US unemployment claims spike in wake of Hurricane Helene
Weekly jobless claims climbed higher than expected following the devastation of Hurricane Helene on several states, and economists expect Milton to have further impacts.
WeightWatchers CEO Sima Sistani out in abrupt exit, embraced weight loss drugs
WeightWatchers announced Friday that CEO Sima Sistani is no longer at the company, and independent board member Tara Comonte has stepped in to serve as interim CEO.
Boeing makes 'final' offer of 30% wage increase to striking workers
Boeing is offering its striking union workers a 30% pay increase over a four-year period in what the company said was its "best and final" offer in ongoing contract talks.
Starbucks North America CEO retires after five months in the role
The CEO of Starbucks North America, Michael Conway, has retired after five months in the role, and he will not be replaced, the coffee giant said Monday.
Trump Media stock jumps after former president says he won't sell his shares
Trump Media and Technology Group shares surged on Friday after former President Trump, the majority shareholder, said he would not be selling his shares.
OpenAI says its new models can reason and think ‘much like a person’
Microsoft-backed artificial intelligence startup OpenAI introduced its latest series of AI models this week that reason similarly to a human, and are now available on ChatGPT.
American Airlines flight attendants approve new 5-year contract
American Airlines flight attendants ratified a new five-year contract that includes industry-leading wage rates and compensation for long sits between flights.
Apple adding AI features to iPhone, other products
Apple announced new artificial intelligence-powered features through its Apple Intelligence that will be introduced in iPhone, iPad and Macs in the U.S. starting next month.
DirecTV to provide workaround to watch the presidential debate amid Disney dispute
An ongoing carriage dispute between Disney and DirecTV has resulted in millions of Americans left unable to view major primetime events, but the presidential debate will be aired.
Harris breaks with Biden on capital gains tax; calls for top rate of 28%
Democratic presidential nominee Vice President Kamala Harris wants to see capital gains taxes raised to 28% for high earners, breaking from President Biden's plan for a hike to nearly 40%.
Dollar Tree slashes annual forecasts amid weaker demand, stronger competition
Dollar Tree has cut its annual forecasts amid increased shopper discretion and rising industry competition with sellers like Walmart, Target and Temu.
Judge orders Musk's X immediately shutdown in Brazil
In an ongoing feud between Elon Musk and Brazilian Supreme Court Justice Alexandre de Moraes, Moraes ordered the 'immediate suspension' of Musk's social media platform X in the South American country.
Lego swapping oil in its bricks for more expensive renewable plastic
Lego is moving toward its goal of producing completely oil-free bricks by 2032 after securing agreements with suppliers of renewable plastics, the company said Wednesday.