Target’s latest quarterly performance has taken a significant hit, with shares tumbling 20% following a disappointing earnings report and revised profit guidance. Despite its strategic price cuts and early holiday sales, the retail giant struggled to meet Wall Street expectations, raising concerns…
U.S. regulators are intensifying efforts to curtail Google’s dominance in the technology sector. The Department of Justice (DOJ) has proposed significant penalties, including the sale of Google’s Chrome web browser, as part of an antitrust initiative aimed at fostering fair competition in…
Retailers across the U.S. are making headlines for significantly increasing the interest rates on their store-branded credit cards. From September 2023 to September 2024, over 50 major companies—including Big Lots, Gap, and Petco—raised Annual Percentage Rates (APRs) to record highs, some nearing…
Jeff Shell, a seasoned media executive, is preparing to take the helm at Paramount Global, bringing a reputation for bold ideas and decisive leadership. His new role follows a turbulent exit from NBCUniversal, and as Paramount prepares to merge with Skydance Media…
The US government is exploring the possibility of breaking up Google, a move that echoes the dismantling of AT&T into regional “Baby Bells” over four decades ago. This potential action could significantly reshape the landscape of the tech industry, targeting one of…
The demand for weight loss drugs like Ozempic has surged, leading to a troubling black market. Behind the unassuming facades of ordinary suburban homes, an illegal trade in counterfeit medications is flourishing. An investigation by CNBC shed light on this shadowy underworld,…
A group of 14 attorneys general from across the United States has filed lawsuits against TikTok, accusing the social media platform of contributing to a mental health crisis among children and teenagers. The bipartisan group, led by New York Attorney General Letitia…
Sam’s Club is giving shoppers a glimpse into the future with its latest store concept in Grapevine, Texas. As Walmart’s tech-savvy membership club, Sam’s Club is eliminating checkout lanes and embracing digital innovation. Shoppers can now scan and pay for items using…
When children are unable to attend school due to chronic illness, it is not just their physical health that suffers. The social isolation and separation from classmates can be just as challenging. To address this, the Norwegian company No Isolation has created…
The aftermath of Hurricane Helene has caused significant disruption in North Carolina, particularly in the small town of Spruce Pine. Known for its pivotal role in global technology, Spruce Pine is home to two key mines that produce ultra-high-purity quartz, an essential…