Industry

Apollo, BlackRock, and Loomis Sayles Accused of Collusion in US

Apollo, BlackRock, and Loomis Sayles Accused of Collusion in US Debt Market

A lawsuit claims Apollo, BlackRock, and other major lenders colluded to block Optimum Communications from refinancing its debt.


ByHeart Infant Formula Recall Expands After Botulism Bacteria Found in Labs

ByHeart expands its infant formula recall after tests detect botulism-causing bacteria linked to illnesses in dozens of babies.

HP Slashes Workforce by Up to 10% as Company Pivots to Artificial Intelligence

HP announces plans to cut up to 6,000 jobs worldwide as it shifts toward AI-driven operations and cost-saving strategies.

US-China Trade Talks: Donald Trump Says Xi Jinping Promises Faster, Bigger Purchases

Trump says Xi Jinping agreed to speed up and increase China's purchases of U.S. goods, signaling optimism in trade talks.


Latest News

Rad Power Bikes Batteries Labeled Fire Risk by CPSC; Consumers
Rad Power Bikes owners are urged to stop using certain batteries after the CPSC warned they pose a serious fire and explosion risk.
RealPage Reaches Settlement With DOJ, Must Stop Algorithms That Enabled
RealPage settles with DOJ, agreeing to end software practices that allowed landlords to collude on rent prices.
Campbell Soup VP Accused of Racist, Derogatory Comments in Secret
Campbell Soup VP faces lawsuit after secretly recorded racist and offensive remarks spark employee firing claims.
Walmart, Costco May Need Old-School Cash Lanes Under New Legislation
Ohio may require Walmart, Costco, and Target to offer cash lanes for purchases under $500 under a new bill.
Average New-Car Price Nears $50K for First Time as Costs
Average new-car prices in the U.S. near $50K, leaving buyers facing higher costs and bigger monthly payments.
Kohl’s Plans Permanent CEO Appointment for Michael Bender Following Interim
Kohl's plans to name Michael Bender as permanent CEO following his interim term, aiming to stabilize leadership ahead of earnings.
Meta Strikes $10 Billion Cloud Deal With Google Amid AI
Court filings say Meta halted internal research after finding Facebook could harm users' mental health, sparking major safety concerns.
Warner Bros Appoints Former Discovery Exec Brad Singer as CFO
Warner Bros Discovery faces a bidding battle from Paramount, Comcast, and Netflix amid political and regulatory scrutiny.
Trump Unveils ‘TrumpRx’ Program Slashing Prices of Wegovy and Zepbound
Trump lifts 40% tariffs on Brazilian beef and coffee in a move aimed at lowering U.S. food prices.
Air Travel Between Canada and US Sees Massive Decline Amid
FAA awards $10,000 bonuses to 776 employees with perfect attendance during the 43-day government shutdown.
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