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

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

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

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

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Walmart has agreed to pay $10 million to settle a Federal Trade Commission civil lawsuit accusing the world’s largest retailer of ignoring…
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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…
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Tesla agrees to first deal to build China’s largest grid-scale battery power plant

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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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Oil prices rise more than 1% as Israel vows to intensify attacks on Iran

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1 Mins read
Crude oil futures rose more than 1% on Thursday, after Prime Minister Benjamin Netanyahu ordered Israel’s military to intensify attacks against Iran….
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