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‘We cannot let China get these chips’: Commerce Secretary Raimondo says more funding needed for AI export controls
US Commerce Secretary Gina Raimondo said her department needs more money to stop China from catching up on cutting-edge semiconductors. “We cannot...
Read morePfizer’s twice-daily weight loss pill joins a long list of obesity drug flops
Sopa Images | Lightrocket | Getty ImagesPfizer's twice-daily version of its experimental weight loss pill has now joined a long...
Read moreEgg producers must pay at least $18 million in damages for price gouging in 2000s that involved conspiring to limit U.S. supplies
A federal jury in Illinois ordered $17.7 million in damages — an amount tripled to more than $53 million under...
Read morePanera Bread reportedly files to go public again through IPO
A Panera Bread mango yuzu citrus charged lemonade is displayed at a Panera Bread restaurant in Novato, California, on Nov....
Read moreFedEx’s boom and slump is partly just a COVID distortion, says CEO Raj Subramaniam
FedEx shareholders got a rude awakening just over a year ago after the company warned of a sharp drop in...
Read moreUlta Beauty shares pop as sales climb 6%
Shares of Ulta Beauty rose in after-hours trading Thursday, as the company said its third-quarter sales rose while shoppers showed...
Read moreWarner Discovery CEO David Zaslav says he was forced to lay off hundreds because WarnerMedia ‘had never been restructured for the future’
Warner Bros. Discovery CEO David Zaslav has faced his share of controversial decisions since taking on the task of overhauling...
Read moreUAW launches union campaigns at Tesla, 12 other automakers in the U.S.
United Auto Workers President Shawn Fain, middle, visits striking UAW Local 551 workers outside a Ford assembly center on South...
Read moreSam Altman is officially reinstated as OpenAI’s CEO just two weeks after his ouster set off an ‘unprecedented’ firestorm
OpenAI said that Sam Altman was officially reinstated as chief executive officer of the company and it has a new...
Read moreFoot Locker shares jump more than 15% after earnings beat, more upbeat sales outlook
Shares of Foot Locker rose Wednesday in premarket trading after the company posted surprise earnings and sales beats and said...
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