Hedge fund billionaire Bill Ackman has quickly given up on Netflix. The head of Pershing Square Capital Management is $400 million poorer after selling the 3.1 million shares of Netflix that he bou… [+3343 chars]
April 22 is Earth Day and with environmental sustainability one of the key topics in the global debate surrounding Bitcoin mining, analysts say the industry has begun to naturally gravitate towards c… [+3805 chars]
WASHINGTON (AP) Applications for unemployment benefits inched down last week as the total number of Americans collecting aid fell to its lowest level in more than 50 years. Jobless claims fell by 2,… [+1196 chars]
WASHINGTON (AP) Applications for unemployment benefits inched down last week as the total number of Americans collecting aid fell to its lowest level in more than 50 years. Jobless claims fell by 2,… [+1196 chars]
Best Buy has announced a recall of thousands of air fryers and air fryer ovens following reports of the devices catching fire, melting or burning. A news release from the Consumer Product Safety Co… [+1491 chars]
New York (CNN Business)In a scathing open letter to McDonald's shareholders, legendary investor Carl Icahn said the company's leadership was "failing" its investors and misleading the public about it… [+4754 chars]
A woman jogs past a Lululemon retail store. Lululemon is setting lofty goals for growth in the next five years and laying out for analysts exactly how it plans to get there. But not everyone on Wall… [+4854 chars]
Apple spent a record $2.5 million lobbying Congress in the first quarter of 2022, more than a 34% increase from the previous quarter, according to its disclosure made public Wednesday night. The inc… [+1761 chars]
Delta has done a great job at improving its membership-based Sky Clubs. Gone are the days of “relaxing” in some drab closet in the corner of the airport. Delta has made sweeping improvements to its … [+5462 chars]
A panel of FDA’s outside advisors unanimously voted, with one abstention, that future approvals of PI3K inhibitors should be supported by randomized data. The 17-member ODAC pane… [+4971 chars]
Gap Inc. announced Thursday that the CEO of its Old Navy division, Nancy Green, is leaving the business this week. Gap Chief Executive Sonia Syngal will work closely with the Old Navy team as it sea… [+1239 chars]
Tesla Chief Executive Elon Musk said he has lined up $46.5 billion to fund his bid for Twitter answering the biggest question that had loomed over his takeover offer. In a regulatory filing Thursday… [+207 chars]