News Categories
Business
COVID-19
Economy
Legal
Lifestyle
New York City
Politics
Real Estate
Sports
Business News
Senate confirms Kevin Warsh to Fed board as he clears another hurdle toward becoming chairman
The Senate on Tuesday confirmed Kevin Warsh to the Federal Reserve board, as President Trump’s nominee cleared another hurdle toward his path to becoming the central bank’s next chairman. In a 51-45 vote, the Senate also approved a motion to invoke cloture,...
Sam Altman hits back at Musk in bombshell trial over future of OpenAI: ‘extremely uncomfortable’
OAKLAND, Calif. — OpenAI Chief Executive Sam Altman hit back at Elon Musk’s claims that he “stole” OpenAI when it was a charity and steered the company away from its non-profit mission – claiming that Musk himself was busy vying to control OpenAI in the first...
Lowe’s, Home Depot could start spying on you using license plate readers in effort to boost safety
Lowe’s and Home Depot are ramping up surveillance in store parking lots in states including California, Texas and Connecticut AI-powered license plate readers to combat theft and keep customers safe — but privacy advocates warn the devices could track shoppers’...
Target makes major change that will affect almost every shopper
Target is trying to roll itself out of a retail rut. The big-box chain is replacing its entire fleet of shopping carts with a beefier, easier-to-steer model as part of a multibillion-dollar turnaround push to win back frustrated customers, TheStreet reported....
Hersheypark may not be opening for summer season on time
A potential strike by more than 200 unionized maintenance workers may keep Hersheypark from opening for the summer season on time. Workers at the Pennsylvania park, The Hotel Hershey and the Giant Center rejected what Hershey Entertainment & Resorts...
eBay rejects GameStop’s $56 billion takeover offer
Online seller eBay is rejecting an unsolicited $56 billion takeover offer from GameStop, calling the proposal “neither credible or attractive.” Ryan Cohen’s GameStop disclosed earlier this month that it was pursuing a takeover of eBay, seeing it as a vehicle to...
Wendy’s shares soar 14% on report investor Nelson Peltz seeks funding to take struggling chain private
Activist investor Nelson Peltz’s Trian Fund Management is seeking investor backing for a potential bid to take fast-food chain Wendy’s private, the Financial Times reported Tuesday, citing people familiar with the matter. Shares of Wendy’s, which has a market...
Farmers Insurance Group drops another rate hike as 1M California customers despair
A popular home insurer in California is hiking rates for homeowners this fall. Farmers Insurance Group, known for its “We are Farmers” jingle with actor JK Simmons, will raise rates by 1.5% at the next renewal date in September. The change will affect the...
Tamron Hall reveals she walked away from $2M NBC deal after Megyn Kelly replaced her on ‘Today’
Tamron Hall says she turned down a $2 million-a-year offer from NBC after learning she was being pushed aside on the “Today” show to make room for Megyn Kelly. “A text message came from my then-agent and he said, ‘They’re making a big change. You’re no longer...
75°F
