Economy
Netflix maintained its 2025 guidance. That may not be the sign of confidence it seems.
Netflix executives messaged Thursday that all is well with the business in the face of economic turbulence. But its full-year outlook...
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Capital One and Discover merger approved by Federal Reserve
Capital One Financial’s application to acquire Discover Financial Services in a $35.3 billion all-stock deal has officially been approved by the Federal Reserve and the Office of...
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U.S. judge finds Google holds illegal online ad tech monopolies
Alphabet’s Google illegally dominated two markets for online advertising technology, a judge ruled Thursday, dealing another blow to the tech...
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Harvard’s battle with the Trump administration is creating a thorny financial situation
Harvard’s brewing conflict with the Trump administration could come at a steep cost — even for the nation’s richest university....
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OpenAI in talks to pay about $3 billion to acquire AI coding startup Windsurf
OpenAI is in talks to pay about $3 billion to acquire Windsurf, an artificial intelligence tool for coding help, CNBC...
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Hermès to hike U.S. prices for iconic bags and scarves in response to Trump tariffs
French luxury group Hermès will raise its U.S. prices from the start of May in order to offset the impact of President...
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Target CEO to meet with Rev. Al Sharpton as civil rights groups threaten boycotts over DEI
Target CEO Brian Cornell will meet with the Rev. Al Sharpton this week in New York as the retailer faces calls...
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Temu slashes U.S. ad spending, plummets in App Store rankings after Trump China tariffs
Chinese online retailer Temu, whose “Shop like a billionaire” marketing campaign made its way to last year’s Super Bowl, has dramatically...
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