Kim Kardashian fans are going to have to wait a little longer for the highly anticipated NikeSKIMS line. The activewear line will launch later this year instead of in the…
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Stock
GMS stock jumps 29% on takeover interest from Home Depot, QXO, analysts raise PTs
by adminby adminShares of GMS Inc. soared on Friday as the building-products distributor became the centre of a potential bidding war between two heavyweights in the construction supply industry: Home Depot and…
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Stock
Japan’s rice price surge: what’s driving it and why it could spark a political crisis
by adminby adminJapan’s rice prices are facing their most severe shock in more than half a century, with costs more than doubling over the past year. The crisis is exposing structural flaws…
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Amazon CEO Andy Jassy said Tuesday that the company expects artificial intelligence ‘will reduce our total corporate workforce as we get efficiency gains’ over time. ‘We will need fewer people…
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Business
DOJ seizes record $225 million in crypto tied to global ‘pig butchering’ scams
by adminby adminThe Justice Department announced Wednesday the largest-ever U.S. seizure of cryptocurrency linked to so-called “pig butchering” scams that have cost victims billions globally. Federal prosecutors filed a civil forfeiture action…
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Dow Jones futures dropped sharply on Thursday, with investors growing increasingly uneasy about the ongoing conflict between Israel and Iran and the possibility of direct US military involvement. At the…
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The United States continued to dominate the global wealth rankings in 2024, adding more than 379,000 new millionaires to bring its total to 23.8 million, according to a new report…
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President Donald Trump’s business organization has announced the creation of a new wireless phone service that will carry the president’s name. Trump Mobile, as the service will be known, will…