California lawmakers rejected Governor Newsom's request to allocate an additional $400 million for PG&E in the state budget, continuing a political standoff.
Industry
Bitcoin ETFs Are Still Being Slowly Adopted by Financial Advisors, BlackRock Exec Says
Bitcoin ETFs are on a slow adoption journey, according to BlackRock's Samara Cohen. Bitcoin exchange traded funds (ETFs) are still slowly being adopted by financial advisors despite making their debut in January, according to BlackRock's Samara Cohen.
McDonalds Removes AI Drive-Thru Voice Ordering System After It Went Viral for Wrong Reasons
McDonald's has decided to remove its AI-powered order-taking technology from over 100 restaurants after it went viral for the wrong reasons.
Federal Reserve President Predicts Rate Cut by December
Minneapolis Federal Reserve President Neel Kashkari stated that a rate cut by the US central bank is likely by December.
Iraqi Militias Attack KFC, US Businesses in Protest of Gaza War
Iraqi militias are targeting US businesses such as KFC in protest to the Gaza war. Supporters of Islami Jamiat-e-Talaba (IJT), a student wing of Pakistan's Jamaat-e-Islami (JI) party stage a pro-Palestinian protest outside a Kentucky Fried Chicken (KFC) restaurant calling for boycott of Israeli products on the outskirts of Islamabad on May 7, 2024, amid the ongoing war between Israel and the militant Hamas group in the Gaza Strip.
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LinkedIn Premium users can now use new AI-powered tools to improve their cover letters and resumes.
Apple is facing a proposed class action lawsuit alleging it systematically underpaid over 12,000 female employees in California.
Goldman Sachs plans to double its lending to wealthy private bank clients in the next five years. Goldman Sachs plans to double its lending to wealthy private bank clients with account sizes surpassing $10 million in the next five years.
Microsoft President Brad Smith was intensely questioned by a House homeland security panel on Thursday regarding the company's security practices and ties with China.
Trump and Biden made competing pitches to business leaders, with Trump focusing on tax cuts and deregulation, while Biden promoted government support and investments.
Rapper Iggy Azalea is venturing into the cryptocurrency world with the launch of her meme coin, Mother Iggy or $MOTHER.
The US has imposed sanctions on several companies based in Hong Kong and the UAE for involvement in the trade of gold produced by a sanctioned Russian miner.
Coach USA, the company behind Megabus and several commuter bus lines in the US and Canada, has filed for bankruptcy protection in Delaware.
The union representing WestJet mechanics announced that 97% of its members voted to reject a tentative agreement with the airline, prompting concern.
