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Ulta and Target will end deal for in-store beauty shops next year

Ulta and Target will end deal for in-store beauty shops next year

August 15, 2025
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 news release, the companies said the partnership — which also added some of […]
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The CEO in chief: How Trump is getting what he wants from big business

The CEO in chief: How Trump is getting what he wants from big business

August 15, 2025
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 role in individual corporations’ affairs, from manufacturing to media to tech firms. And corporations […]
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Musk threatens ‘immediate’ legal action against Apple over alleged antitrust violations

Musk threatens ‘immediate’ legal action against Apple over alleged antitrust violations

August 13, 2025
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 impossible for any AI company besides OpenAI to reach #1 in the App Store, which […]
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A top Federal Reserve official says bleak jobs data backs the case for 3 rate cuts

A top Federal Reserve official says bleak jobs data backs the case for 3 rate cuts

August 12, 2025
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 who voted a week and a half ago in favor of cutting interest rates. […]
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What Trump’s Nvidia and AMD China deal means for the world

What Trump’s Nvidia and AMD China deal means for the world

August 12, 2025
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 seek similar deals. In exchange for the revenue cut, the two semiconductor companies will receive […]
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ESPN, Fox to bundle upcoming streaming services for $39.99 a month

ESPN, Fox to bundle upcoming streaming services for $39.99 a month

August 12, 2025
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 with sports, in particular. Last week, both companies announced additional details about the new […]
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Lawsuit accuses Apple of stealing trade secrets to create Apple Pay

Lawsuit accuses Apple of stealing trade secrets to create Apple Pay

August 9, 2025
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 technology developed by CorFire, which Fintiv bought in 2014, and now used in hundreds […]
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Bed Bath & Beyond relaunches with first store in Nashville, plans dozens more

Bed Bath & Beyond relaunches with first store in Nashville, plans dozens more

August 9, 2025
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 Friday with potentially dozens of more to come. This time around, the store has a […]
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Claire’s, known for piercing millions of teens’ ears, files for Chapter 11

Claire’s, known for piercing millions of teens’ ears, files for Chapter 11

August 8, 2025
Mall-based teen accessories retailer Claire’s, known for helping usher millions of teens into an important rite of passage — ear piercing — but now struggling with a big debt load and changing consumer tastes, has filed for Chapter 11 bankruptcy protection. Claire’s Holdings LLC and certain of its U.S. and Gibraltar-based subsidiaries — collectively Claire’s […]
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Trump demands resignation of Intel CEO over alleged China ties

Trump demands resignation of Intel CEO over alleged China ties

August 8, 2025
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. Trump’s attack on the Intel chief is his latest attempt to pressure the semiconductor industry, […]
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Fox One streaming service to launch ahead of NFL season on Aug. 21, at $19.99 per month

Fox One streaming service to launch ahead of NFL season on Aug. 21, at $19.99 per month

August 7, 2025
Fox Corp. will launch its direct-to-consumer streaming service, Fox One, on Aug. 21, ahead of the NFL season, the company said Tuesday. The new streaming service will cost $19.99 per month, and pay TV subscribers will receive access for free, said CEO Lachlan Murdoch during the company’s earnings call. Fox One will host the entirety […]
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Tim Cook to join Trump at White House for Apple investment announcement

Tim Cook to join Trump at White House for Apple investment announcement

August 7, 2025
Apple CEO Tim Cook will join President Donald Trump on Wednesday for an event touting what the White House calls a new $100 billion investment commitment by the tech giant in the U.S. The announcement in the Oval Office, set for 4:30 p.m. ET, includes Apple’s commitment to a new “American Manufacturing Program,” a White […]
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Amazon lays off over 100 employees in Wondery unit as part of audio business restructuring

Amazon lays off over 100 employees in Wondery unit as part of audio business restructuring

August 6, 2025
Amazon is laying off roughly 110 employees in its Wondery podcast division and the head of the group is leaving as part of a broader reshuffling of the company’s audio unit. In a Monday note to staffers, Steve Boom, Amazon’s vice president of audio, Twitch and games, said the company is consolidating some Wondery units […]
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U.S. farm agency allows six more states to bar some items from food aid

U.S. farm agency allows six more states to bar some items from food aid

August 6, 2025
WASHINGTON — The Agriculture Department allowed six additional states Monday to bar participants in the Supplemental Nutrition Assistance Program from using their benefits to buy certain processed foods, such as sodas and candy. The SNAP waivers for West Virginia, Florida, Colorado, Louisiana, Oklahoma and Texas amend the statutory definition of food for purchase and put […]
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Murdoch to provide Trump health updates in deal to delay Epstein case deposition

Murdoch to provide Trump health updates in deal to delay Epstein case deposition

August 6, 2025
Conservative media baron Rupert Murdoch will give President Donald Trump regular updates on his health as part of an agreement to postpone Murdoch’s deposition in Trump’s $10 billion defamation lawsuit against him over a Wall Street Journal article about late sex offender Jeffrey Epstein. The unusual stipulation comes a week after Trump’s lawyers sought a […]
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