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Categories Business

Jeff Bezos discloses plan to sell up to $4.8 billion in Amazon stock

May 4, 2025

Amazon founder Jeff Bezos plans to sell up to 25 million shares in the company over the next year, according to a financial filing on Friday. Bezos,

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Categories Business

Data center boom in world’s largest market isn’t slowing down, Dominion Energy says

May 3, 2025

Data center demand is not slowing down in the world’s largest market centered in northern Virginia, executives at Dominion Energy said Thursday. Dominion provides electricity

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Categories Business

Nvidia says Anthropic is telling ‘tall tale’ in its defense of U.S. AI chip restrictions on China

May 3, 2025

Nvidia blasted Anthropic Thursday in a rare public clash over artificial intelligence policy with U.S. chip export restrictions set to take effect. “American firms should focus on innovation and rise

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Categories Business

Tesla denies report it’s looking to replace Elon Musk

May 3, 2025

Shares of Tesla were flat in premarket trading Thursday after the EV maker denied a Wall Street Journal report that its board was searching

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Categories Business

Consumers are not lovin’ it: McDonald’s has its worst quarter since 2020

May 2, 2025

McDonald’s reported its worst quarterly sales for the United States since the height of the pandemic in 2020, the latest restaurant chain

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Categories Business

Amazon is stepping up to fill a gap in Hollywood’s movie slate

May 2, 2025

Tech is saving Hollywood — though not in the way you might think. Back in 2022, e-commerce giant and relative upstart movie studio Amazon promised

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Categories Business

Tesla denies report that the EV maker is looking to replace Elon Musk

May 2, 2025

Shares of Tesla were flat in premarket trading Thursday after the EV maker denied a Wall Street Journal report that its board was searching

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Categories Business

Nvidia CEO Jensen Huang warns China is ‘not behind’ in AI

May 1, 2025

Nvidia CEO Jensen Huang said on Wednesday that China is “not behind” in artificial intelligence, and that Huawei is “one of the most

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Categories Business

JetBlue to partner with another U.S. airline in the coming weeks

May 1, 2025

JetBlue Airways is getting ready to announce a partnership with another U.S. airline with a larger network in the coming weeks, the carrier’s

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Categories Business

Pfizer CEO says tariff uncertainty is deterring further U.S. investment in manufacturing, R&D

May 1, 2025

Pfizer CEO Albert Bourla on Tuesday said uncertainty around President Donald Trump’s planned pharmaceutical tariffs is deterring the company from further investing in U.S. manufacturing

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