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Categories Business

Consumers are not lovin’ it: McDonald’s has its worst quarter since 2020

May 2, 2025

McDonald’s reported its worst quarterly sales for the United States since the height of the pandemic in 2020, the latest restaurant chain

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Categories Business

Nvidia says Anthropic is telling ‘tall tale’ in its defense of U.S. AI chip restrictions on China

May 2, 2025

Nvidia blasted Anthropic Thursday in a rare public clash over artificial intelligence policy with U.S. chip export restrictions set to take effect. “American firms should focus on innovation and rise

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Categories Business

Trump-Bezos call sets stage for tense earnings report from Amazon

May 1, 2025

President Donald Trump used to refer to Jeff Bezos as “Jeff Bozo.” Now, after more drama between the two men, Trump is calling the Amazon founder a

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Categories Business

Nvidia CEO Jensen Huang warns China is ‘not behind’ in AI

May 1, 2025

Nvidia CEO Jensen Huang said on Wednesday that China is “not behind” in artificial intelligence, and that Huawei is “one of the most

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Categories Business

JetBlue to partner with another U.S. airline in the coming weeks

April 30, 2025

JetBlue Airways is getting ready to announce a partnership with another U.S. airline with a larger network in the coming weeks, the carrier’s

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Categories Business

Pfizer CEO says tariff uncertainty is deterring further U.S. investment in manufacturing, R&D

April 30, 2025

Pfizer CEO Albert Bourla on Tuesday said uncertainty around President Donald Trump’s planned pharmaceutical tariffs is deterring the company from further investing in U.S. manufacturing

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Categories Business

IBM pledges $150 billion to boost U.S. tech growth, computer manufacturing

April 30, 2025

International Business Machines Corporation on Monday announced it will invest $150 billion in the U.S. over the next five years, including more than $30

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Categories Business

On air, ’60 Minutes’ reporter says ‘none of us is happy’ about changes that led top producer to quit

April 29, 2025

“60 Minutes” correspondent Scott Pelley paid tribute Sunday to Bill Owens, the show’s executive producer who resigned last week, saying on the air

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Categories Business

Hasbro forecasts as much as $300 million impact if China tariffs don’t come down

April 26, 2025

If President Donald Trump’s 145% levy against imports from China holds, Hasbro estimates it could see as much as a $300 million hit to

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Categories Business

American liquor exports hit record high in 2024, driven by tariffs

April 25, 2025

U.S. spirit exports reached a record $2.4 billion in 2024, driven in large part by tariff concerns and ongoing global trade disputes. That

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