The Latest

Ken Griffin rips Biden for 'incoherent' policy on China tariffs, says Trump would be a strong president

Ken Griffin, an influential Republican donor, also criticized the Biden administration over its energy policy.

McDonald's is getting rid of free drink refills — and more fast-food chains may follow

McDonald's customers are bidding a bitter farewell to free drink refills, one of the latest casualties from the brand already facing an identity crisis over extreme prices.

Google upgrades search engine with ‘AI Overviews’ – risks revenue drain for media companies   

Google maintains a 90% market share in search. Its alleged monopoly led to a landmark lawsuit by the federal government against the company.   

Mark Zuckerberg appears to celebrate 40th birthday on $300M 'Launchpad' superyacht

Zuckerberg currently ranks as the fourth-richest person in the world with an estimated net worth of $167 billion.

Fed urges patience on rate cuts after key inflation index higher than expected

Powell made his comments just hours after the Bureau of Labor Statistics released data showing that wholesale prices rose more than expected in April.

Iconic NYC bar visited by Teddy Roosevelt, Annie Oakley recruits ex-Waverly Inn chef

Opened in 1873, the Paris Cafe once saw the likes of Teddy Roosevelt, Thomas Edison and Annie Oakley belly up to the hand-carved wooden bar. In later years, Bob Dylan...

Walmart slashing hundreds of corporate jobs, asks remote workers to relocate or quit

Workers at the retail giant's smaller offices in Dallas, Atlanta and Toronto are being asked to move to other central hubs.

Google-owned Waymo's robotaxis face federal safety probe over crashes, potential traffic violations

The National Highway Traffic Safety Administration said it has received a total of 22 reports, including 17 crashes, in which self-driving Waymo cars were the “sole vehicle” involved in the...

Comcast launching Netflix, Apple TV+, Peacock bundle called StreamSaver

The tie-up follows a similar one announced last week between Warner Bros. Discovery and Walt Disney - to offer a bundle of the Disney+, Hulu and Max streaming services.

Vince McMahon accuser texted him 'asking for rough sex, fantasized about being held down': lawsuit

Janel Grant allegedly sent the wrestling mogul text messages in which she said she "fantasized about being held down" and "wanted rough sex" from him.

GameStop, AMC shares spike over 100% as 'Roaring Kitty' return reignites meme stock rally

Both struggling firms benefited from the bombastic return of Roaring Kitty, whose real name is Keith Gill and who also uses the moniker “DeepF—kingValue” on Reddit.

Meta's AI system learning how to lie, deceive humans: study

CICERO, which Meta billed as the "first AI to play at a human level" in the game Diplomacy, finished in the top 10% while competing with humans.

Red Lobster workers blindsided as seafood chain abruptly closes at least 50 restaurants — including in NY, NJ

Red Lobster abruptly closed the doors to at least 50 restaurants nationwide on Monday —including a handful in New York and New Jersey, blindsiding employees at the struggling seafood chain.

Top fitness company CEO suspended after he allegedly threatened to decapitate franchisee while facing federal probes: report

“The investigators are focusing on how Xponential allegedly misled franchisees into agreements and then essentially trapped them.”

Goldman Sachs CEO raises alarm on US debt: 'Ability to spend without constraint is not unlimited'

Solomon said that while it was anticipated that the government would spend during COVID lockdowns, "we're a long way out of that pandemic."

Archegos' Bill Hwang lied to become Wall Street legend, causing $36B fund to collapse: prosecutors

Archegos' collapse caused more than $100 billion in shareholder losses at companies in its portfolio, harming investors who sold shares after their scheme collapsed, prosecutors also allege.

OpenAI unveils voice-activated ChatGPT AI model that can have 'realistic conversations'

In one demonstration, the ChatGPT voice assistant was able to read out a bedtime story in different voices, emotions and tones.

Tesla settles ex-worker's lawsuit alleging she was fired after being sexually harassed 100 times

Tyonna Turner worked at Tesla's flagship Fremont, Calif., assembly plant, where the company is accused in a number of lawsuits of failing to address rampant harassment of black and female...

Microsoft to face antitrust charges in Europe over Teams software dominance: report

The charges could be announced within the next few weeks, according to the report.

Amazon-owned Zoox self-driving vehicles facing probe after two rear-end collisions

In March, Zoox said it was expanding its vehicle testing in California and Nevada to include a wider area, higher speeds and nighttime driving.