Business
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Ex-Marvel boss Ike Perlmutter joins forces with Nelson Peltz in Disney battle
Perlmutter, the billionaire who was unceremoniously fired by Disney earlier this year, has entrusted his shares to Peltz's hedge fund Trian Partners.
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Google CEO Sundar Pichai grilled over company’s deleted chat logs at antitrust trial
Justice Department attorneys pressed Pichai to explain his handling of now-infamous internal group chat from 2021.
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FDA warns against use of two dozen eye drop products sold at CVS, Rite Aid over risk of infection and vision loss
The FDA is telling consumers to avoid two dozen eye drop products sold at major retailers including CVS and Rite Aid, because they could cause eye...
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United flight attendants blocked from Dodgers charter for not being ‘white, young, thin’: lawsuit
United Airlines settled a previous case that alleged the airline of staffing flights with "young, white, female and predominately blonde/blue-eyed"...
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Morgan Stanley gives all three CEO contenders, including successor Ted Pick, $20M bonuses
Morgan Stanley is reportedly giving the three contenders floated as outgoing boss James Gorman’s successor special bonuses worth a whopping $20...
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Dow jumps more than 500 points ahead of Fed rate decision, earnings
Certain parts of the economy have proved to be resilient, spurring concerns that the central bank could signal willingness to hold rates at their...
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Meta unveils paid ad-free option for Facebook, Instagram users in Europe
Mark Zuckerberg's tech giant is rolling out the subscription option after the European Union’s top court ruled that under strict EU data privacy...
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Elon Musk’s X will demonetize posts corrected by Community Notes to ‘maximize incentive for accuracy’
The move comes amid fierce criticism of Musk for allowing users to spread unverified claims about the ongoing Israel-Hamas conflict.
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Eyedrops from CVS, Rite Aid and others carry possible infection risk, FDA says
U.S. health regulators are warning consumers not to use more than two dozen varieties of over-the-counter eyedrops because of the risk of...
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General Motors reaches tentative agreement with UAW, potentially ending 6-week strike
General Motors and the United Auto Workers union have reached a tentative contract agreement that could end a six-week-old strike against Detroit...
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U.S. decides Southwest's customer service failed during flight cancellations last winter
Federal regulators have told Southwest Airlines that the carrier failed to provide enough help to travelers who were stranded during massive...
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Biden wants to move fast on AI safeguards and will sign an executive order to address his concerns
President Joe Biden on Monday will sign a sweeping executive order to guide the development of artificial intelligence - requiring industry to...