Shares of GameStop and MicroStrategy were on the rise Monday after Ryan Cohen, CEO of the video game retailer, posted a photo with Michael Saylor, co-founder and chairman of the largest corporate holder of bitcoin. GameStop, day traders’ favorite …
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McDonald’s on Monday reported disappointing quarterly revenue, dragged down by weaker-than-expected sales at its U.S. restaurants following an E. coli outbreak just weeks into the quarter. But shares of the company rose more than 4% in morning trading …
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Why Chappell Roan and other artists find themselves among the 25 million uninsured Americans
by adminWith a Grammy win for best new artist, Chappell Roan is at a career high. A few years ago, she was one of the millions of Americans without a job or health insurance. “I told myself that if …
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Even at $8M per Super Bowl commercial, ad executives say it’s still bang for your buck
by adminAdvertisers shelled out up to $8 million for a spot during Super Bowl 59. Ad industry executives still consider the price tag worth it, and argue it’s even a bang for their buck. The NFL’s championship game …
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Southern California Edison acknowledges videos suggest link between equipment and Eaton fire
by adminSouthern California Edison acknowledged Thursday that videos have suggested a possible link between the utility’s equipment and the devastating Eaton Fire in Los Angeles. But the company has not identified evidence to confirm this, according to …
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OpenAI considering 16 states for data center campuses as part of Trump’s Stargate project
by adminOpenAI said on Thursday that the company is considering building data center campuses in 16 states that have indicated “real interest” in the project, which is linked to President Donald Trump’s Stargate plans. On a …
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New Orleans is preparing for an estimated 125,000 visitors and a presidential visit during the weekend of Super Bowl 59, as the reigning champion Kansas City Chiefs take on the Philadelphia Eagles at the Caesars …
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China has blacklisted the owner of Calvin Klein and Tommy Hilfiger, which could force the company to shut down stores and manufacturing in an early repercussion of President Donald Trump’s trade war. China added PVH Corp. to its …
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Amazon long ago passed Walmart in terms of market cap, but the e-commerce giant is finally poised to leapfrog its brick-and-mortar rival by another key metric: revenue. For the past dozen years, Walmart held the distinction of being …
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Business
Chipotle downplays looming Trump tariffs, says only half of its avocados are from Mexico
by adminChipotle Mexican Grill said Tuesday that it does not expect costs to rise much if tariffs on key imported ingredients go into effect next month, noting that only about half of its avocados come from Mexico. …