The U.S. Equal Employment Opportunity Commission is formally investigating Nike Inc. over allegations that its diversity, equity, and inclusion programs may have unlawfully discriminated against white workers, escalating a legal and cultural battle over corporate DEI practices.
Google's parent company Alphabet reported record-breaking earnings, crossing the $400 billion annual revenue mark for the first time. The tech giant announced plans to nearly double its capital expenditures in 2026 to meet surging demand for AI and cloud services, even as its core advertising business continues to fuel its ambitious investments.
SLB's stock has climbed over 25% this year, fueled by optimism around Venezuela's potential oil market reopening. However, recent weakness suggests the rally may be overheating, and investors might find better entry points as the initial enthusiasm cools.
The Monetary Policy Committee is widely anticipated to maintain the Bank Rate at 3.75% in its first 2024 meeting, as policymakers balance stubborn price pressures against a fragile economic outlook, with future cuts remaining uncertain.
A recent television interview with Trump campaign spokesperson Karoline Leavitt has ignited a firestorm of criticism online, centering on her choice of a single, controversial word that critics argue reveals a deeper political strategy.
The global K-craze has propelled humble dried seaweed, or gim, to international fame, but surging demand is driving up costs and putting a staple food out of reach for some Koreans.
Amid heightened regional tensions, the United States has significantly increased its military footprint across the Middle East, deploying carrier strike groups and strike platforms. The strategic repositioning coincides with the last-minute relocation of crucial nuclear negotiations with Iran from Istanbul to Muscat.
A landmark agreement for AI computing power has unraveled, with OpenAI opting for rival suppliers and a scaled-back investment, raising questions about the sustainability of the industry's spending spree.
CNBC's Jim Cramer has singled out Wells Fargo (WFC) as a compelling investment, arguing that the banking giant's fundamentals and strategic positioning make it a winner, even as investor frenzy focuses elsewhere on artificial intelligence.
Snap Inc. reports a decline in daily active users for Q4 2025, even as revenue grows. The dip, attributed partly to geopolitical bans, comes at a pivotal moment as the company prepares to launch its AR Spectacles into a fiercely competitive market dominated by Meta.
While California's climate and scenery have long attracted retirees, a perfect storm of soaring costs—from housing and taxes to insurance and healthcare—is leading many seniors to question their move. Beyond the sunshine, the financial realities of life in the state are prompting widespread regret.
Despite promises to protect survivors' identities, unredacted names and personal information remain accessible in the recently released Epstein documents, prompting accusations of negligence and permanent harm.
Electric vehicle maker Polestar has raised $400 million in new equity from institutional investors, with key backing from its major shareholder Geely. The deal, which includes a structured exit option for lenders, aims to bolster the company's liquidity as it navigates a fiercely competitive premium EV market.
Tesla's aggressive push into large-scale, U.S.-based solar module manufacturing is reshaping the competitive landscape, prompting analysts to reassess the outlook for established players like First Solar and sending ripples through the utility-scale project market.
Hospital leaders across Connecticut are mounting a fierce defense against a proposed increase in the state's provider tax, arguing that chronic Medicaid underpayments have pushed the healthcare system to a breaking point where new taxes could jeopardize care for vulnerable communities.
A wave of selling swept through global technology stocks this week, erasing hundreds of billions in market value, as conflicting fears over artificial intelligence's disruptive potential and its near-term demand rattled Wall Street.
UnitedHealth Group, already navigating a turbulent period, confronts a new challenge as federal regulators propose a near-flat payment increase for Medicare Advantage plans in 2027, threatening a key revenue driver for the healthcare giant.
Drivers across the Midwest saw modest relief at the pump last week, with regional averages falling amid a broader national trend of stabilizing fuel costs.
A significant insider sale at Applied Digital, a key player in AI infrastructure, sparks debate among investors as the stock rides a wave of sector enthusiasm and soaring valuations.
At a major Wall Street Journal conference in Palm Beach, financial leaders from Blackstone, Citi, and Lazard grappled with the immediate market fallout and long-term implications of an AI startup's latest move, revealing a stark divide between panic and opportunity.
