Business – Investing Insider

Walmart to pay $10 million to settle lawsuit over money transfer fraud

adminJune 24, 20250

Walmart has agreed to pay $10 million to settle a Federal Trade Commission civil lawsuit accusing the world’s largest retailer of ignoring warning signs that fraudsters used its money transfer services to fleece consumers out of hundreds of millions of dollars. The settlement was filed on Friday in Chicago federal court, and requires approval by […]

Business

Apple sued by shareholders who allege it overstated AI progress

adminJune 24, 20250

Apple was sued on Friday by shareholders in a proposed securities fraud class action that accused it of downplaying how long it needed to integrate advanced artificial intelligence into its Siri voice assistant, hurting iPhone sales and its stock price. The complaint covers shareholders who suffered potentially hundreds of billions of dollars of losses in […]

Tesla agrees to first deal to build China’s largest grid-scale battery power plant

adminJune 22, 20250

Tesla has inked its first deal to build a grid-scale battery power plant in China amid a strained trading relationship between Beijing and Washington. The U.S. company posted on the Chinese social media service Weibo that the project would be the largest of its kind in China when completed. Utility-scale battery energy storage systems help […]

Oil prices rise more than 1% as Israel vows to intensify attacks on Iran

adminJune 21, 20250

Crude oil futures rose more than 1% on Thursday, after Prime Minister Benjamin Netanyahu ordered Israel’s military to intensify attacks against Iran. U.S. crude oil was last up $1.36, or 1.81%, to $76.50 per barrel by 9:38 a.m. ET, while global benchmark Brent added $1.10, or 1.43%, to $77.80 per barrel. Prices have gained more […]

Apple looking to make ‘premium’-priced folding iPhones starting next year, analyst says

adminJune 21, 20250

Apple has plans to make a folding iPhone starting next year, reliable analyst Ming-Chi Kuo said on Wednesday. Kuo said Apple’s folding phone could have a display made by Samsung Display, which is planning to produce as many as eight million foldable panels for the device next year. However, other components haven’t been finalized, including […]

Nike pushes back Skims launch with Kim Kardashian due to production delays

adminJune 20, 20250

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 spring, like the companies had originally announced, because of production delays, according to a person familiar with the matter who requested anonymity to speak candidly. […]

Amazon expects to cut corporate jobs as it relies more on AI

adminJune 19, 20250

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 doing some of the jobs that are being done today, and more people do other types of jobs,’ Jassy added in a memo to Amazon’s […]

Streaming overtakes cable and broadcast as the most-watched form of TV

adminJune 19, 20250

A new king reigns in TV land. Streaming has officially surpassed broadcast and cable as a share of total television viewing, according to Nielsen data. In May, streaming accounted for 44.8% of viewership, while broadcast (20.1%) and cable (24.1%) together represented 44.2% of overall people tuning in. ‘While many have expected this milestone to have […]

DOJ seizes record $225 million in crypto tied to global ‘pig butchering’ scams

adminJune 19, 20250

The 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 targeting more than $225 million in cryptocurrency traced to a sprawling web of fraudulent investment platforms. Victims were tricked into believing they were investing in […]

Trump-branded wireless service launches — with a gold phone

adminJune 18, 20250

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 soon be available for what Donald Trump Jr. described as “real Americans” seeking “true value from their mobile carriers.” The eldest of Trump’s children, who […]

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Category: Business

Bride shot dead at wedding party in French village

Make Alberta Great Again:In this Canadian province, separatists see Trump as an ally

Iranian retaliation, a sudden ceasefire, and lingering nuclear questions: Wild swings in the Middle East

A weakened Tehran lashes out performatively against US airbases to save face

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This Week’s Earnings Watch: Turnarounds and Momentum Plays

Walmart to pay $10 million to settle lawsuit over money transfer fraud

Apple sued by shareholders who allege it overstated AI progress

Tesla agrees to first deal to build China’s largest grid-scale battery power plant

Oil prices rise more than 1% as Israel vows to intensify attacks on Iran

Apple looking to make ‘premium’-priced folding iPhones starting next year, analyst says

Nike pushes back Skims launch with Kim Kardashian due to production delays

Amazon expects to cut corporate jobs as it relies more on AI

Streaming overtakes cable and broadcast as the most-watched form of TV

DOJ seizes record $225 million in crypto tied to global ‘pig butchering’ scams

Trump-branded wireless service launches — with a gold phone

Grid News

Bride shot dead at wedding party in French village

Make Alberta Great Again:In this Canadian province, separatists see Trump as an ally

Iranian retaliation, a sudden ceasefire, and lingering nuclear questions: Wild swings in the Middle East

A weakened Tehran lashes out performatively against US airbases to save face

Latest Post

Bride shot dead at wedding party in French village

Make Alberta Great Again:In this Canadian province, separatists see Trump as an ally

Iranian retaliation, a sudden ceasefire, and lingering nuclear questions: Wild swings in the Middle East