Walmart Ends Credit Card Deal with Capital One Over Processing Delays

Walmart Ends Credit Card Deal with Capital One Over Processing Delays

Walmart has ended its partnership with Capital One, the issuer of its consumer credit cards, following a legal dispute over service delays, with existing cardholders unaffected and a search for a new banking partner underway.


DuPont Splits Into 3 Public Businesses, Appoints New CEO

DuPont announced that it was splitting itself into three companies in the span of 18 to 24 months, with its electronics and water businesses becoming its own separate entity.

Vivek Ramaswamy Buys 7.7% Stake in BuzzFeed, Leading to 20% Share Price Surge

Former GOP presidential candidate Vivek Ramaswamy, a potential Trump running mate, acquired a 7.7% stake in BuzzFeed, causing the company's shares to surge by 20%.

News Corp, OpenAI Sign Unprecedented $250 Million Journalism Content Licensing Deal

NewsCorp and OpenAI have signed an agreement allowing the tech startup to access the content from the media conglomerate’s news sites.


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Reddit Collaborates With OpenAI to Bring Contents to ChatGPT, AI Tools
OpenAI's partnership with Reddit allows access to real-time content, enhancing ChatGPT and future products with platform discussions.
Berkshire Hathaway Reveals $7 Billion Investment to Swiss Insurer Chubb
Warren Buffet’s company Berkshire Hathaway divulged that it has recently made a $7 billion investment in Swiss insurer Chubb.
Paramount, Amazon Initiate Talks on Expanding Media Partnership
Paramount has been reported to be talking with Amazon to expand its media partnership, including the bundled sales of channels and advertising measures.
Royal Mail
Czech billionaire Daniel Křetínský's £3.5 billion bid for Royal Mail gains momentum, sparking political tensions over foreign ownership concerns.
2023 MTV Video Music Awards - Show
Celebrated Singapore-based bag brand Aupen, endorsed by celebrities like Taylor Swift, attracts investor interest from major European fashion conglomerates, H&M Group and Prada Group.
Anglo American Announces Plans to Leave Diamond, Platinum, Coal Mining to Avoid BHP Acquisition Plans
Anglo American decided on abandoning its diamond, platinum, and coal operations in order to realign its operations on nickel and avoid acquisitions offered by BHP Group.
foodpanda
Uber has agreed to pay $950 million in cash to acquire Taiwanese unit of Foodpanda owned by Delivery Hero.
Red Lobster
Red Lobster is unexpectedly shutting 48 US locations, liquidating its assets via an online auction. A sign is posted in front of a Red Lobster restaurant on May 16, 2014 in San Bruno, California.
Anthropic Expands Claude AI Chatbot to Europe, Launches Fundraiser
Anthropic will expand its generative AI assistant Claude to Europe while continuing to get funding from the continent.
Chuck Schumer Calls on FTC to Halt Chevron-Hess $53 Billion Merger
Chuck Schumer's call to action is based on his concern that such mergers could grant oil giants excessive influence over gas prices, leading to potential price increases that would impact consumers.
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