Initial unemployment filings in Illinois fell last week, reflecting a modest improvement in local labor market conditions even as national numbers held steady.
Fermi Inc. is confronting multiple class action lawsuits alleging it misled investors about tenant demand and funding risks for its flagship AI data center project, Project Matador. The legal challenges emerge as the company navigates a high-stakes, capital-intensive build-out in a competitive sector.
Scotts Miracle-Gro is selling its Hawthorne gardening subsidiary to focus on its core lawn and garden business, while launching a significant share repurchase program to return capital to shareholders.
New unemployment filings in Maryland fell significantly last week, offering a spot of positive news for the state's labor market as national claims also edged lower.
Initial unemployment filings in Virginia rose by over 27% last week, contrasting with a slight national decline and highlighting regional economic disparities.
Discount retailer Five Below is under investigation by law firm Johnson Fistel following declining sales, lowered guidance, and the sudden departure of its CEO. The legal scrutiny comes as the stock shows sharp volatility—up nearly 96% over the past year but down year-to-date—raising questions about its valuation and growth narrative.
A U.S. lawmaker has alleged that Nvidia Corp (NASDAQ:NVDA) provided technical assistance to Chinese AI startup DeepSeek. Nvidia Technical Support Allegedly Boosted DeepSeek's Efficiency Nvidia helped DeepSeek improve the efficiency of its artificial intelligence models, according to a letter sent to the U.S. Commerce Department by Rep. John Moolenaar (R-Mich.), chair of the House Select Committee on China. The letter, seen by Reuters on Wednesday, says documents obtained by the committee show th
Meta Platforms heads to a Santa Fe courtroom next week to defend itself in a high-stakes lawsuit. The State of New Mexico alleges the social media giant's platforms facilitated the sexual exploitation of minors and harmed their mental health for profit, marking the first such case against Meta to reach a jury.
Lawmakers are negotiating a short-term deal to fund the Department of Homeland Security, aiming to avoid a partial government shutdown this weekend. The talks occur against the backdrop of heightened political pressure following recent violence in Minneapolis and a shift in the administration's enforcement rhetoric.
Initial unemployment filings in Pennsylvania fell last week, contributing to a stable national picture, though sharp swings in other states highlight ongoing regional volatility.
A new lawsuit alleging wrongful termination and safety cover-ups, coupled with ongoing supply shortages, challenges the coffee giant's operational resilience and brand trust as its new CEO executes a critical recovery plan.
Initial unemployment filings in Oregon fell last week, reflecting a slight easing in layoffs, while national figures held steady and other states experienced sharp swings.
In a landmark move, Venezuela's parliament has passed reforms to its hydrocarbons law, easing state control and aiming to lure back foreign capital to its struggling oil industry, coinciding with a partial easing of U.S. sanctions.
Klarna Group confronts a wave of class action lawsuits alleging it downplayed rising loan loss risks in its buy-now-pay-later portfolio ahead of its 2025 NYSE debut. The legal challenges cast a shadow over the fintech's post-IPO performance and have sparked a broader debate about transparency in the rapidly growing BNPL sector.
In a recent interview, Robinhood CEO Vlad Tenev argues that artificial intelligence will likely reshape the workforce by creating new, unforeseen categories of employment, drawing parallels to past technological revolutions. However, he acknowledges the unprecedented speed of AI-driven change is a cause for concern.
King Misuzulu kaZwelithini has urged migrants to leave South Africa, echoing his late father's stance, following violent protests at a Durban primary school where immigration was blamed for admissions shortages.
A sharp 18.6% annual rise in serious mortgage delinquencies signals deepening strain for American homeowners, driven by soaring insurance, taxes, and living costs rather than risky loans.
Investor Kevin O'Leary delivers a blunt message to young entrepreneurs: glorifying overwork is not a badge of honor but a strategic liability. He advocates for sleep, nutrition, and exercise as the real drivers of founder optimization.
Russia's Foreign Ministry issued a stark warning on Monday, stating any deployment of foreign military forces or infrastructure in Ukraine would be considered an intervention, making those forces lawful targets for Russian strikes.
Elliot Staples III receives jail time after pleading guilty to manslaughter in the death of 3-year-old Jajuan Robinson, Jr., whom he was caring for when the child accessed an unsecured firearm.
