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Intuit plans to cut workforce by about 17% as tax software maker reckons with slowing growth via US Top News and Analysis
Intuit's stock has been hammered this year as investors worry that generative artificial intelligence models could threaten software companies.
54 minutes ago
Bezos defends billionaires, hypes AI, talks taxes and praises Trump in CNBC interview via US Top News and Analysis
Jeff Bezos rejected accusations that Amazon's decision to release a documentary on first lady Melania Trump was an effort to curry favor with the president.
1 hour ago
Sinkhole shuts runway at LaGuardia Airport, delaying flights, Port Authority warns via US Top News and Analysis
The Port Authority said travelers should expect delays and cancellations, with thunderstorms expected also expected to roll in Wednesday.
1 hour ago
What Goldman’s lead role in SpaceX’s record-breaking IPO means for investors via US Top News and Analysis
It's a major win for Goldman's dealmaking division.
1 hour ago
E.l.f. Beauty to walk back some tariff price increases amid high gas prices and consumer 'suffering' via US Top News and Analysis
E.l.f. Beauty raised prices by $1 last August to offset the impact of tariffs. It's now planning to walk back some of that amid a consumer pullback.
1 hour ago
Jan. 6 police officers sue Trump to block $1.8B 'lawfare' fund via US Top News and Analysis
The Department of Justice agreed to create the fund to settle a $10 billion lawsuit by President Trump over the leak of his tax records by an IRS employee.
1 hour ago
Mamdani fires back at Bezos over Queens teacher tax remark via US Top News and Analysis
Amazon founder Jeff Bezos called for eliminating federal income taxes on the bottom half of earners as Mamdani pushes a luxury second-home tax in New York City.
2 hours ago
Target beats Wall Street estimates, hikes sales outlook as shoppers start to return via US Top News and Analysis
Target has been struggling with a sales slump and decreased customer traffic, though CEO Michael Fiddelke has said the retailer is poised for a turnaround.
2 hours ago
Lowe's beats Wall Street expectations against 'challenging' housing backdrop via US Top News and Analysis
Lowe's beat Wall Street expectations for its fiscal first-quarter earnings and reaffirmed its full-year guidance.
2 hours ago
Airbnb adds hotels, car rentals. Chesky says app can become an 'Amazon for services' via US Top News and Analysis
Airbnb on Wednesday added new services and independent hotels to its platform in its latest expansion move in the travel industry.
3 hours ago
Zuckerberg's Meta layoffs memo: 'Success isn't a given' in the AI era via US Top News and Analysis
Meta on Wednesday commenced its latest round of layoffs, which affect about 10% of the company's workforce or roughly 8,000 jobs.
3 hours ago
DOJ charges ex-prosecutor with stealing Trump documents case report prepared by Jack Smith via US Top News and Analysis
Carmen Mercedes Lineberger allegedy emailed herself a copy of Volume II of special counsel Jack Smith's report on Trump's criminal case.
3 hours ago
OpenAI takes the lead in AI IPO horse race: 'Getting to public markets first is very important' via US Top News and Analysis
It comes after reports that the AI giant and ChatGPT owner is set to file confidentially for an IPO as soon as this week.
4 hours ago
Fed officials see rate hike ahead if inflation stays elevated, minutes show via US Top News and Analysis
A majority of officials anticipated that interest rate increases would be necessary if the Iran war continued to aggravate inflation.
4 hours ago
Ram unveils lineup of Hemi V-8 engine-powered 'muscle trucks' despite high gas prices via US Top News and Analysis
Stellantis plans to launch a new lineup of what it's calling "muscle trucks" for its Ram brand despite elevated U.S. gas prices due to the war in Iran.
4 hours ago
UAE says new pipeline that will bypass Strait of Hormuz is nearly 50% complete via US Top News and Analysis
The UAE has redirected some oil exports through an existing pipeline to Fujairah, which has a maximum capacity of 1.8 million barrels per day.
4 hours ago
U.S. crude oil falls below $100 per barrel after Trump says Iran talks in final stages via US Top News and Analysis
Trump told reporters that the administration was in the "final stages" of negotiations with Iran, according to a pool report.
4 hours ago
Wendy's taps former Potbelly CEO to lead struggling burger chain via US Top News and Analysis
Nelson Peltz's Trian Fund Management is seeking funding to take Wendy's private, according to a Financial Times report.
4 hours ago
Trump's face doesn't belong on U.S. passport, senators tell Rubio via US Top News and Analysis
The State Department announced a special edition U.S. passport that will feature President Donald Trump's likeness.
5 hours ago
Something very unusual is happening with Nvidia options via US Top News and Analysis
Ahead of earnings, NVDA's short-dated calls are trading at a premium to puts.
5 hours ago
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