Apple CEO Tim Cook waves a checkered flag to the race winner at the Formula One United States Grand Prix Circuit of the Americas in Austin, Texas, on Oct. 23, 2022. Mike Segar | Reuters Apple will wind down its team working on electric cars, called Special Projects Group, according […]
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Hims & Hers soars 32% on rapid growth in mental health, weight loss and dermatology treatments
The New York Stock Exchange with a Hims & Hers Health banner is pictured in the Manhattan borough of New York City on Jan. 21, 2021. Carlo Allegri | Reuters Hims & Hers Health, the online provider of treatments for erectile dysfunction and hair loss, had its best day on […]
For Black workers, progress in the workplace but still a high hill to climb
Ali and Jamila Wright, Co-owners of Brooklyn Tea. The couple is optimistic about the state of Black employment but say there are many challenges. Courtesy: Brooklyn Tea Looking at the state of Black employment in America tells a mixed story: Much progress has been made in the age of Covid […]
Apple reportedly cancels plans to build a car
Apple CEO Tim Cook waves a checkered flag to the race winner at the Formula One United States Grand Prix Circuit of the Americas in Austin, Texas, on Oct. 23, 2022. Mike Segar | Reuters Apple will wind down its team working on electric cars, called Special Projects Group, according […]
Norfolk Southern proxy fight draws heavyweight politicians and regulatory scrutiny a year after derailment
Alan Shaw, CEO, Norfolk Southern Scott Mlyn | CNBC Just over a year ago, a Norfolk Southern freight train derailed in East Palestine, Ohio, releasing toxic chemicals into the environment and prompting a political fight regarding railroad safety. Now the company is at the early stages of a proxy battle, […]
OpenAI alleges New York Times ‘hacked’ ChatGPT for lawsuit evidence
OpenAI asked a judge to dismiss parts of The New York Times‘ lawsuit against it, alleging that the media company “paid someone to hack OpenAI’s products,” such as ChatGPT, to generate 100 examples of copyright infringement for its case. In a filing Monday in Manhattan federal court, OpenAI alleged it […]
Here are this year’s most competitive rental markets
Apartments are seen undergoing construction on February 28, 2023 in Austin, Texas. Brandon Bell | Getty Images The apartment market is finally loosening up. At the same time, competition is heating up in some key markets. There is an enormous supply of new apartments coming online this year. And rents […]
Hess shares drop as fight with Exxon Mobil over Guyana oil threatens Chevron takeover
Hess shares fell Tuesday after Chevron warned investors that a dispute with Exxon Mobil and China National Offshore Oil Corp. (CNOOC) over Guyana’s offshore oil assets could jeopardize its bid to acquire the company. Hess was down nearly 4% in morning trading Tuesday. Chevron shares fell more than 2%. Chevron […]
Cava stock pops after blunder leads to early earnings release
A banner for the Mediterranean restaurant chain Cava is displayed outside of the New York Stock Exchange (NYSE) as the company goes public on June 15, 2023 in New York City. Spencer Platt | Getty Images Cava’s stock rose 7% on Tuesday morning after the Mediterranean restaurant chain released its […]
Warner Bros. Discovery halts merger talks with Paramount Global, sources say
President and C.E.O. of Warner Bros. Discovery David Zaslav speaks during the New York Times annual DealBook summit on November 29, 2023 in New York City. Michael M. Santiago | Getty Images Warner Bros. Discovery has gone “pencils down” on a potential acquisition of Paramount Global, halting talks after several […]