News
Online retail sales up 7% this year
Driven by demand for groceries and less-expensive discretionary items, Americans are increasingly turning to online shopping, boosting online retail sales...
Credit industry sues CFPB over late fee regulation
The credit card industry, led by the U.S. Chamber of Commerce, has filed a lawsuit in federal court against the...
Unemployment applications rise to highest level since August
First-time applications for unemployment benefits reached their highest level since August, indicating that the once-hot labor market is starting to...
U.S. revokes Intel, Qualcomm licenses for chip sales to Huawei
The government has pulled licenses from companies such as Intel and Qualcomm that permitted sales of chips used in laptops...
FTX will pay back all money owed to customers
Disgraced cryptocurrency exchange FTX said in a court filing that almost all of its customers will get back the money...
Uber tops revenue expectations, but reports net loss
Ride-sharing app Uber beat analysts' revenue expectations in its first-quarter earnings report, but unexpectedly posted a net loss. After the...
TikTok sues U.S. government to block ban
Popular video-sharing platform TikTok and its owner ByteDance filed a lawsuit against the U.S. government on Tuesday in an effort...
Few CHROs believe their performance management system works
In a recent survey from market research company Gallup, just 2% of chief human resource officers said they strongly agree...
Disney’s streaming services record first profitable quarter
After a challenging 18 months at Walt Disney Co., the company released an earnings report that was generally in line...
The Pulitzer Prizes award top honors in journalism
The New York Times and The Washington Post were honored with three Pulitzer Prizes each on Monday for their 2023...
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