Amazon on Monday released a new AI model that can take actions in a web browser on a user’s behalf, a move that puts it in more direct competition with OpenAI, Anthropic and…
Economy
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Hollywood’s blockbuster slate is heating up, and AMC Entertainment is increasing the number of its premium screens to meet demand. The world’s largest cinema chain is adding 40 Dolby Cinema theaters to its U.S.-based AMC locations…
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President Donald Trump commuted the criminal sentence of Ozy Media founder Carlos Watson on Friday, just hours before Watson was due to begin serving a 116-month prison term for a multi-million-dollar scheme that included falsely claiming…
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Economy
Robinhood CEO sees Amazon-like subscription model as path to ‘loyalty’ in financial services
Robinhood CEO Vlad Tenev is betting that by rolling out a large enough portfolio of digital investment products, more consumers will be willing to pay a monthly subscription for its product…
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The Federal Communications Commission has alerted the Walt Disney Company and its ABC unit that it will begin an investigation into the diversity, equity and inclusion efforts at the media giant. The FCC,…
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Lululemon beat Wall Street expectations for fiscal fourth-quarter earnings and revenue, but issued 2025 guidance that disappointed analysts. On an Thursday earnings call, CEO Calvin McDonald said the athleticwear company conducted…
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Economy
Trump signs executive order to end collective bargaining at agencies involved with national security
President Donald Trump moved Thursday to end collective bargaining with federal labor unions in agencies with national security missions across the federal government, citing authority granted him under a 1978 law.…
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Economy
Dollar Tree says it’s winning over higher-income shoppers and may offset tariffs with price hikes
Dollar Tree said Wednesday that it’s gaining market share with higher-income consumers and could raise prices on some products to offset President Donald Trump’s tariffs. The discount retailer’s CEO, Michael Creedon, said the…
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Oil executives are warning that President Donald Trump’s tariffs and “drill, baby, drill” message have created uncertainty in energy markets that is already affecting investment. The executives, shielded by anonymity, bluntly…