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Investing

Investing

Divided Fed proposes rule to ease capital requirements for big Wall Street banks

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2 Mins read
The Federal Reserve on Wednesday proposed easing a key capital rule that banks say has limited their ability to operate, drawing dissent…
Investing

Women’s Tennis Association extends media rights deal with Tennis Channel through 2032

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4 Mins read
The Tennis Channel is extending its deal with the Women’s Tennis Association that will see the cable TV network and streaming service…
Investing

Bumble shares jump 26% as dating company plans to axe 30% of workforce

By
1 Mins read
Bumble shares rallied more than 26% on Wednesday after the dating app company revealed in a securities filing that it intends to…
Investing

Small-business AI use is lagging, but one firm is channeling Sherlock Holmes and knocking out ‘grunt work’

By
2 Mins read
Chris Schwegmann is getting creative with how artificial intelligence is being used in law. At Dallas-based boutique law firm Lynn Pinker Hurst…
Investing

Nvidia CEO Huang sells $15 million worth of stock, first sale of $873 million plan

By
1 Mins read
Nvidia CEO Jensen Huang sold 100,000 shares of the chipmaker’s stock on Friday and Monday, according to a filing with the U.S….
Investing

How Fanatics is teaching business acumen to pro athletes

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4 Mins read
Sports merchandising giant Fanatics is aiming to build a training camp for athletes to prepare them for life off the field. More…
Investing

Apple sued by shareholders who allege it overstated AI progress

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1 Mins read
Apple was sued on Friday by shareholders in a proposed securities fraud class action that accused it of downplaying how long it…
Investing

Walmart to pay $10 million to settle lawsuit over money transfer fraud

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1 Mins read
Walmart has agreed to pay $10 million to settle a Federal Trade Commission civil lawsuit accusing the world’s largest retailer of ignoring…
Investing

Apple looking to make ‘premium’-priced folding iPhones starting next year, analyst says

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1 Mins read
Apple has plans to make a folding iPhone starting next year, reliable analyst Ming-Chi Kuo said on Wednesday. Kuo said Apple’s folding…
Investing

Tesla agrees to first deal to build China’s largest grid-scale battery power plant

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2 Mins read
Tesla has inked its first deal to build a grid-scale battery power plant in China amid a strained trading relationship between Beijing…
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