Trump demands resignation of Intel CEO over alleged China ties
President Donald Trump on Thursday demanded that the CEO of the tech firm Intel resign immediately, saying he is “highly conflicted” because of alleged ties to China. “There is no other solution to this problem,” Trump wrote on Truth Social.
Lawsuit accuses Apple of stealing trade secrets to create Apple Pay
Apple has been sued by a Texas company that accused the iPhone maker of stealing its technology to create its lucrative mobile wallet Apple Pay. In a complaint made public on Thursday, Fintiv said Apple Pay’s key features were based on
Bed Bath & Beyond relaunches with first store in Nashville, plans dozens more
Bed Bath & Beyond is back — kind of. The bankrupt home goods chain is being resurrected by the owners and licensees of its intellectual property, which opened the first new Bed Bath & Beyond store in Nashville, Tennessee, on
A top Federal Reserve official says bleak jobs data backs the case for 3 rate cuts
NEW YORK — A top official at the Federal Reserve said Saturday that this month’s stunning, weaker-than-expected report on the U.S. job market is strengthening her belief that interest rates should be lower. Michelle Bowman was one of two Fed officials
What Trump’s Nvidia and AMD China deal means for the world
Nvidia and AMD have agreed to share 15% of their revenue from sales to China with the U.S. government, the White House confirmed Monday, sparking debate about whether the move could affect the chip giants’ business and whether Washington might
ESPN, Fox to bundle upcoming streaming services for $39.99 a month
Disney’s ESPN and Fox Corp. are teaming up to offer their upcoming direct-to-consumer streaming services as a bundle, the companies said Monday. The move comes as media companies look to nab more consumers for their streaming alternatives, and draw them in
Musk threatens ‘immediate’ legal action against Apple over alleged antitrust violations
Elon Musk on Monday threatened Apple with legal action over alleged antitrust violations related to rankings of the Grok AI chatbot app, which is owned by his artificial intelligence startup xAI. “Apple is behaving in a manner that makes it
Ulta and Target will end deal for in-store beauty shops next year
Ulta Beauty and Target said Thursday that they have decided to end a deal that opened makeup and beauty shops in hundreds of Target’s stores. Shares of Target fell about 2% in early trading, while Ulta’s stock slid about 1%. In a
The CEO in chief: How Trump is getting what he wants from big business
For years, conservative groups and corporate leaders argued that the U.S. government would be better if it were run like a business. For President Donald Trump, who has controlled his own businesses for decades, that looks like taking an increasingly active