Intuit's shares fell sharply after the company reported a loss of one million free TurboTax users, raising concerns about demand for its software despite a rise in average user spending and increased revenue.
Archives
Biden Warns Wall Street That Trump Presidency Could Threaten Fed's Autonomy
The White House is leading a campaign stressing the importance of maintaining Federal Reserve independence, notably in light of Trump's proposals that could compromise it.
Russia Tightens Hold on Grain Trade, Impacting Global Wheat Prices
Russia's stronghold on its grain industry, driven by government pressure and although worsened by geopolitical tensions, strengthens Moscow's control over global wheat supplies while complicating information access for traders.
China Pushes for More Samsung Investment Amid US-China Chip Tension
Chinese Premier Li Qiang welcomed Samsung's investment in China before a historic summit involving South Korea and Japan.
7 Iconic Brands With Surprising Names Before Getting Into Fame
Famous brands changed their names, showing how even big companies evolve to stay relevant in the market.
Latest News
ASML and TSMC, leading chipmakers, have installed a "kill switch" feature to remotely disable advanced chipmaking machines in the event of a Chinese invasion of Taiwan.
An Indian businessman is accused of brutally killing his younger brother, sister-in-law, and their three-month-old baby.
Egypt has agreed to send UN humanitarian aid trucks through Israel's main crossing into Gaza, but entry remains uncertain due to ongoing fierce fighting in Rafah, as efforts continue to revive cease-fire negotiations and recover hostages.
Truth Social, the social media platform launched by former President Donald Trump's media company, is struggling to maintain its US user base.
US Pharma Giant Cencora Confirms Data Breach, Says Americans' Personal and Health Information Stolen
Cencora, a major US pharmaceutical company, has disclosed that a cyberattack earlier this year led to a data breach that compromised highly sensitive medical information of American patients.
The United Auto Workers (UAW) union is disputing the results of last week's organizing vote for Mercedes-Benz workers in Alabama, in which workers voted against union representation.
Louisiana made history as it passed a bill criminalizing the possession of abortion pills without a valid prescription.
FedEx has resumed international priority inbound and outbound services in Ukraine. LOS ANGELES, CALIFORNIA - FEBRUARY 01: The FedEx logo is displayed on a FedEx vehicle on February 1, 2023 in Los Angeles, California.
JPMorgan Chase & Co has been ordered to pay $100 million and admit to violating CFTC rules. NEW YORK, NY - OCTOBER 02: People pass a sign for JPMorgan Chase & Co.
