A sharp downturn in cryptocurrency markets has spilled over into the stocks of major corporate holders, with MicroStrategy and BitMine leading losses as their aggressive accumulation strategies face mounting pressure.
The Atlanta-based home improvement giant announces a restructuring that eliminates approximately 800 positions, primarily remote roles, and ends flexible work arrangements for its corporate staff.
Carnival Corporation & PLC saw its stock price climb sharply Thursday, buoyed by robust earnings from rival Royal Caribbean and the company's own announcement of a planned corporate unification and dividend payment.
South Korean e-commerce giant Coupang is confronting a multi-front crisis, including class-action lawsuits and regulatory probes, following a data breach impacting millions. The fallout has led to the CEO's resignation and intensified scrutiny of corporate governance and cybersecurity protocols.
The conservative youth organization Turning Point USA announced it will match the federal government's $1,000 contribution to new 'Trump Accounts' for employees' children, aligning with a growing roster of major employers participating in the tax-advantaged savings program.
A major grant from Centene's foundation aims to tackle housing insecurity for justice-involved individuals in Chicago, spotlighting the healthcare giant's community investments as its stock faces persistent headwinds.
Former President Donald Trump's legal action against JPMorgan Chase over account closures forces investors to weigh political and compliance risks against the banking giant's underlying financial strength.
As SpaceX nears a deal to acquire xAI, analysts see a straightforward step in Elon Musk's grand vision. However, integrating the publicly traded Tesla into a sprawling 'Musk Inc.' conglomerate presents a far more complex financial and regulatory challenge for investors.
A Florida couple is suing their fertility clinic after discovering the baby girl born via IVF is not genetically related to them, sparking a complex legal and ethical battle over parentage and clinic accountability.
The doughnut giant has agreed to a multimillion-dollar settlement following a 2024 cyberattack that compromised personal data of current and former staff, though it admits no fault.
The Trump administration's AI Action Plan sets a strategic direction, but analysts argue its success hinges on aggressive private sector investment in workforce training to avoid leaving millions of workers behind in the coming technological shift.
A wave of insider selling at AutoZone over the past year, totaling $15 million, has drawn investor scrutiny. While the transactions occurred near current share prices, the scale of divestment compared to minimal buying prompts a closer look at the auto parts retailer's prospects.
Klarna Group faces a dual challenge: surging commercial demand for its 'buy now, pay later' services and intensifying legal scrutiny over alleged IPO disclosure failures regarding credit risk. The stock's sharp decline shifts investor focus to upcoming quarterly results and credit quality metrics.
Blue Owl Capital faces a wave of securities class actions alleging disclosure failures around liquidity and redemptions, casting a shadow over its robust alternative asset management platform. As legal pressures mount, the market weighs solid analyst backing against growing governance concerns, setting the stage for a pivotal earnings report.
The iconic Berkeley-born coffee chain Peet's is closing dozens of locations across California, including in Southern California and the Bay Area, as part of a strategic realignment following its acquisition by Keurig Dr Pepper. The move, affecting hundreds of employees, has drawn sharp criticism from workers and union representatives.
The Delaware Supreme Court has dramatically reduced the legal fees awarded to attorneys in a shareholder lawsuit against Tesla's board, cutting the sum from $176.1 million to $70.9 million. The ruling, which cited an overvaluation of the settlement, prompted a pointed response from CEO Elon Musk.
Hawxhurst LLP has filed a federal lawsuit against International Amusement Rides and Intamin Ltd., alleging the roller coaster manufacturers failed to pay $1.5 million in legal fees after the firm defended them in high-stakes intellectual property battles.
A coalition of licensed marijuana companies in Missouri has launched a wave of lawsuits against dozens of smoke shops, alleging they are exploiting a legal gray area to sell intoxicating THCA hemp flower, undermining the state's regulated market and creating unfair competition.
A federal lawsuit alleging discriminatory hiring quotas and executive pay tied to demographic targets has placed Comerica's DEI governance under intense scrutiny. The legal challenge emerges as the regional bank navigates its planned acquisition by Fifth Third Bancorp, raising questions about regulatory hurdles and integration risks.
Former Federal Reserve Governor Kevin Warsh has been nominated by former President Donald Trump to chair the central bank, a move lauded by business leaders who cite his crisis-era experience and market savvy.
