Why so many military veterans move into cybersecurity
The vigilance needed in the military can be an asset in the cybersecurity industry.
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Labubu fan fury after dolls pulled from stores
The popular toys have been removed from shelves until June, following reports of customers fighting over them.
Energy price change set to cut bills by over £100 a year
Analysts believe a typical annual domestic energy bill could drop by more than £100 in July.
FTC tosses PepsiCo price-fixing lawsuit, slams agency’s ex-boss for ‘dubious partisan stunt’
The lawsuit, filed in the waning days of the Biden administration, alleged that PepsiCo was giving unfair price advantages to Walmart at the expense of other vendors and consumers.
NYC business power broker Kathryn Wylde announces retirement: ‘I will be writing op-eds that drive everybody crazy’
Wylde has been the CEO of the non-profit organization Partnership for New York, a pro-business lobby group, since 2011 and has been a vocal advocate for cutting red tape to encourage investment in the Big Apple.
Bill Ackman’s Pershing Square bought Amazon stake at ‘extremely attractive’ price
Shares in Amazon had peaked in February at $242.06, but have plummeted more than 30% over the past few months.
Mercedes-Benz is yanking 400 jobs out of Michigan — and 'doubling down' on Georgia
German carmaker Mercedes-Benz ( MBGAF ) announced plans Thursday to consolidate its U.S. operations by moving 500 jobs to Sandy Springs, Georgia — just north of Atlanta; 400 of the jobs will come from Michigan, where the company is closing its financial services division in
FTC launches probe of liberal watchdog Media Matters over Elon Musk’s X boycott claims
The Federal Trade Commission has demanded documents from Media Matters about possible coordination with other media watchdogs accused by Elon Musk of helping orchestrate advertiser boycotts of X, according to a document seen by Reuters on Thursday. The civil investigative
Kraken to offer tokenized securities, including Apple, Tesla, and Nvidia, to customers outside the U.S
Read more...
Popular gas station chain to open first-ever locations in new states
The world's largest convenience store and gas station is growing its already massive following with several new locations set to open this summer.
Walmart to cut about 1,500 corporate jobs
Walmart — the nation's largest private employer — is cutting more than 1,000 corporate jobs as the company tries to lower its expenses and streamline decision-making as pressure from tariffs mounts.
Trump ‘very seriously’ weighs taking Fannie Mae, Freddie Mac public after years of government control
Analysts have said the move could send serious profits toward the government, while also warning it could slam mortgage rates.
Tinder CEO steps down after less than 2 years in latest shakeup amid activist pressure
It's the latest leadership shakeup at the dating app as its parent company fends off advances from several activist investors.
America is finally killing the penny
The U.S. Mint confirmed on Thursday that the current crop of one-cent coins will be the last ever produced. Read more...
Google faces new DOJ antitrust probe over partnership with AI startup: report
Google reportedly faces a fresh Justice Department probe over whether it violated antitrust law through its partnership with artificial intelligence chatbot firm Character.AI.
New U.S. drug prices doubled amid a shift toward treating rare diseases
Drugs being explicitly developed to treat rare diseases are getting more expensive. Read more...
Adidas, Puma expected to hike prices due to tariffs following Nike’s lead: ‘Moment they were waiting for’
The key footwear and clothing manufacturing hub of Vietnam faces the threat of a steep 46% tariff returning in July.
Nvidia, OpenAI and others are joining forces for a massive UAE Stargate AI data center
A group of global tech giants gathered in Abu Dhabi to pose for a photo as an AI supergroup, including OpenAI’s Sam Altman, Oracle’s ( ORCL ) Larry Ellison, Nvidia’s ( NVDA ) Jensen Huang, and Chuck Robbins of Cisco ( CSCO ), along with their new UAE partners. Read more...
Jamie Dimon sounds alarm on risk of stagflation as Trump’s ‘big, beautiful bill’ passes House
"I am not saying it is going to happen, but we have to be prepared for something like that," Dimon said while attending a JPMorgan summit in China.
Microsoft fires employee who interrupted CEO’s speech to protest AI tech for Israel
Microsoft has previously fired employees who protested company events over its work in Israel, including at its 50th anniversary party in April.
Heathrow workers' strike may intensify - union
Unite says about 800 of its members employed by firm Wilson James are now taking industrial action.
Feds back GOP states in climate case alleging BlackRock, other fund giants conspired to lower coal output
Texas and 12 other states claim the companies used their substantial holdings in US coal companies to discourage competition.
US Treasury confirms the end of the penny
There has been a long debate over the cost and usefulness of one cent coins in the US.
Cigna is putting a cap on weight loss drug costs
Getting access to popular weight loss drugs will be simpler and cheaper for some. Read more...
Billionaire Google co-founder Sergey Brin donates $700M worth of stock — but recipients are a mystery
SEC filing detailed that Brin transferred approximately 4.1 million Alphabet shares, evenly split between newly converted Class A and Class C stock.
Walmart is cutting about 1,500 corporate jobs
Walmart ( WMT ) is eliminating roughly 1,500 jobs, the Wall Street Journal reported, in what CEO John Furner described as “opportunities to remove layers and complexity” in a memo to staff titled “Building the Future.” Read more...
Spring home-selling season off to terrible start as April sales fall more than expected
The sales decline marks the slowest sales pace for the month of April going back to 2009.
Microsoft is blocking employees from sending emails with the word 'Palestine'
Microsoft ( MSFT ) has reportedly implemented internal email filters that restrict messages containing terms such as “Palestine,” “Gaza,” and “genocide.” The move, which Microsoft described as part of an effort to limit mass, non-work-related messages, has sparked accusations
Massive Stargate UAE project to launch in 2026 with partners Nvidia, OpenAI, Oracle
The 10-square-mile site in Abu Dhabi will eventually host 5 gigawatts worth of data centers.
Meta to label more workers as ‘low performers’ — months after sweeping layoffs
Meta told managers on teams consisting of 150 employees or higher to classify more workers as having performed “below expectations,” according to a May 14 memo.
A Google founder gave away $700 million worth of Alphabet stock
Google ( GOOGL ) co-founder Sergey Brin gave away almost $700 million, in the form of 4.1 million Alphabet shares, to an undisclosed charity on Wednesday. Read more...
Cucumber recall linked to salmonella outbreak sickening dozens across 15 states — including NY
The cucumber recall has been linked to a salmonella outbreak recording at least 26 illnesses and nine hospitalizations across more than a dozen states.
Home sales are stuck — and prices are still rising
Home sales are slowing again, and the culprit is no mystery — insert an “in this economy” joke here. Read more...
China's BYD just overtook Tesla in Europe
According to automotive business intelligence firm, JATO Dynamics , Chinese EV maker BYD ( BYDDY ) has now overtaken Tesla’s ( TSLA ) dominance in Europe. Read more...
Microsoft bars employees from using words ‘Palestine,’ ‘Gaza’ and ‘genocide’ in internal emails: report
Microsoft has been roiled in recent months by demonstrations staged by a group of employees sympathetic to the Palestinians.
OpenAI's next big bet: 100 million physical AI 'companions'
OpenAI CEO Sam Altman just said the company has a chance to “do the biggest thing” in its history: roll out 100 million AI-powered devices designed to sit on your desk, fit in your pocket, and integrate seamlessly into your daily life. Read more...
Billionaire investor Julia Koch eyes stake in NY Giants: report
Julia Koch and her family, who boast a $74.2 billion net worth per Forbes, are looking into investments in teams in the New York market, according to a report.
Disney CEO Bob Iger, ABC News boss told ‘The View’ hosts to tone down anti-Trump criticism: report
Move has sparked tension behind the scenes at the show, whose outspoken panel has become known for tackling political issues head-on, it was reported.
Nike is coming back to Amazon — and raising prices
It’s been six years since Nike ( NKE ) products have been available for purchase on Amazon ( AMZN ), but the storied sneaker brand is making a comeback with the world’s largest online retailer. Read more...
Teachers and doctors in England given 4% pay rise
But health unions react angrily after a smaller rise of 3.6% is announced for other NHS staff, including nurses and midwives.
Universal wants to steal Disney’s theme-park magic
It should brace for a bumpy ride
The bond market is breaking. Washington just made it worse
The U.S. bond market sets the risk-free rate against which every other asset is measured, which is why Ray Dalio calls it “the backbone of all markets.” But this week it’s also become the biggest story in global finance. Read more...
Trump to host investors in his cryptocurrency despite ethical concerns
Critics say he is trading access for personal profit - a suggestion rejected by the White House.
Wearables have flopped. Can Jony Ive and OpenAI change that?
For more than a decade, Silicon Valley has been trying to convince us that the next big thing would be something you wear. The pitch was always slick: computers so seamlessly integrated into our lives that we’d barely notice them, devices that would augment reality and make us
The 10 most affordable cities in America to buy a home
The vast majority of American renters say they hope to one day own a home , but with rising prices, low housing stock, and high mortgage rates, it can feel like an impossible goal. Read more...
Forget tariffs: These are the next fronts in the trade war
The U.S. and China have stepped back from tariff brinkmanship for now — but don’t mistake handshakes for harmony. The real trade fight is just beginning, and it’s moving into murkier terrain: microchips, AI infrastructure, and data sovereignty. Read more...
Tax rise warning after higher-than-expected UK borrowing
Government borrowing hit £20.2bn in April, leading analysts to say the prospect of tax rises later this year is increasing.
