People walk past digital billboards at the Moynihan Train Hall displaying a new initiative from New York Governor Kathy Hochul titled ‘New York Wants You’, a program designed to recruit and employ displaced federal workers across New York State, in New York, U.S., March 3, 2025. David Dee Delgado | […]
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Amazon cloud launches service for helping game companies with streaming
Attendees walk through an exposition hall at AWS re:Invent, a conference hosted by Amazon Web Services, in Las Vegas on Dec. 3, 2024. Noah Berger | Getty Images Amazon’s cloud unit said Thursday that it’s launching a service to allow video game publishers to stream their games online. GameLift Streams […]
Women’s pro tennis introduces paid maternity leave funded by Saudi sovereign wealth fund
Victoria Azarenka plays a backhand against Iga Swiatek of Poland in their second round match during day three of the Dubai Duty Free Tennis Championships, part of the Hologic WTA Tour at Dubai Duty Free Tennis Stadium in Dubai, United Arab Emirates, on Feb. 18, 2025. Christopher Pike | Getty […]
Treasury Secretary Bessent says the American dream is not about ‘access to cheap goods’
Scott Bessent, US treasury secretary, speaks during an Economic Club of New York (ECNY) event in New York, US, on Thursday, March 6, 2025. Sanctions on Russia “will be used explicitly and aggressively for immediate maximum impact” at President Donald Trump’s guidance, Bessent said Thursday. Victor J. Blue | Bloomberg […]
U.S. will collapse Iran’s economy by shutting down its oil industry, Treasury secretary says
US Secretary of Treasury Scott Bessent addresses the Economic Club of New York on March 6, 2025. Charly Triballeau | Afp | Getty Images President Donald Trump‘s sanctions against Iran are designed to shut down the country’s oil industry and “collapse its already buckling economy,” Treasury Secretary Scott Bessent said […]
Marvell plunges 18% as outlook falls short of high expectations
Matt Murphy, CEO, Marvell Technology Scott Mlyn | CNBC Marvell Technology shares plummeted more than 17% after the chipmaker’s guidance fell short of some elevated buyside estimates. For the first fiscal quarter, the chipmaker said it expects sales of about $1.88 billion. That was just ahead of the $1.87 billion […]
Applebee’s owner Dine Brands to lean on value, marketing to reverse sales declines
Michael Siluk | UCG | Universal Images Group | Getty Images Dine Brands hopes to boost sales this year with a wider swath of value meals and buzzier advertising after a rough 2024 for Applebee’s and IHOP. “We had a soft year in 2024, which disappoints us, but we’re focused […]
MongoDB plummets 24% as weak outlook overshadows strong quarterly results
Dev Ittycheria, CEO of MongoDB Adam Jeffery | CNBC MongoDB shares cratered more than 24% after the database software maker shared weak guidance that signaled a slowdown in growth. Shares headed for their worst day since September 2022. For fiscal 2026, the company said it expects adjusted earnings to range […]
Wealth creation is booming as multimillionaire population jumps 5.2% in the U.S.
When it comes to the rise of multimillionaires, the United States is leading the charge, a new report found. The number of high-net-worth individuals — or those with assets worth more than $10 million — rose 4.4% worldwide in 2024, to 2,341,378, but jumped 5.2% in North America, according to […]
House censures Rep. Al Green for heckling Trump during speech to Congress
Rep. Al Green (D-TX) shouts out as U.S. President Donald Trump addresses a joint session of Congress at the U.S. Capitol on March 04, 2025 in Washington, DC. Win Mcnamee | Via Reuters The House of Representatives voted Thursday to censure Texas Democratic Rep. Al Green for heckling President Donald […]