Business
-
Former Hasbro CEO Alan Hassenfeld, whose family founded iconic toy maker, dead at 76
Hassenfeld rose quickly in the family business serving as special assistant to the president and worked his way up the ranks. He retired as CEO in...
-
AI bots fuel boycotts against Amazon, McDonald’s over DEI reversal: analysis
It’s the latest in a string of organized digital attacks as AI bots are increasingly passed off as user profiles.
-
Boston Consulting Group fires rogue employees who worked on Gaza ‘relocation’ plan
“Even if this was not a formal BCG project, our association with it is real, deeply troubling, and reputationally very damaging,” BCG's CEO said.
-
Microsoft says slashing jobs and using AI helped it save $500M: report
The tech giant last week announced plans to lay off nearly 4% of its workforce as it looks to rein in costs amid hefty investments in AI...
-
ChatGPT owner OpenAI expected to release web browser — here’s why Google should be worried
If adopted by the 500 million weekly active users of ChatGPT, OpenAI's browser could put pressure on a key component of rival Google's ad-money...
-
Fed minutes show narrow support for rate cut in July — but there’s a big divide brewing
Trump has demanded immediate, steep cuts, and called for Fed Chair Jerome Powell to resign.
-
DOJ questions ex-UnitedHealth doctors in probe into Medicare fraud: report
The investigation, which dates back to at least last summer, concerns alleged efforts to encourage staffers to record certain diagnoses that...
-
Honda pulls the plug on large electric SUV as driver demand for battery-powered cars plummets
Honda has reportedly put the brakes on a large electric SUV, following President Trump’s decision to cut EV incentives in the US.
-
Ritz Peanut Butter Crackers recalled due to packaging error that poses peanut allergy risk
The recall affects four specific product configurations: 8-pack, 20-pack, and 40-pack cartons of Ritz Peanut Butter Cracker Sandwiches.
-
EU officials say they’ll be forced to pay higher Trump tariffs than the UK: report
The proposed agreement has stirred concern in Brussels, which had expected its larger economic clout would provide leverage in talks with Washington.
-
Google co-founder Sergey Brin slams ‘transparently antisemitic’ UN for accusing Israel of genocide in Gaza
"With all due respect, throwing around the term genocide in relation to Gaza is deeply offensive to many Jewish people," Sergey Brin reportedly wrote.
-
Samsung says new foldable phones with AI ‘ready to become mainstream’ — but price is still high
The stakes are high. The South Korean company lost its global smartphone crown to Apple in 2023, and faces growing competition from Chinese rivals.