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Breaking News: Business

Adidas investigates bribery allegations in China, FT says

by Walter Watson
Adidas investigates bribery allegations in China, FT says

Adidas shoes are displayed at a DSW store on January 31, 2024 in Novato, California.  Justin Sullivan | Getty Images Adidas has launched an investigation into allegations of large-scale bribery in …

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Oracle stock pops 13% on AI demand, new deals with Google and OpenAI

by Edgar Davis
Oracle stock pops 13% on AI demand, new deals with Google and OpenAI

Oracle Chairman of the Board and Chief Technology Officer Larry Ellison delivers a keynote address during the 2019 Oracle OpenWorld in San Francisco on Sept. 16, 2019. Justin Sullivan | …

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Why Chinese EV tariffs may not work

by Walter Watson
Why Chinese EV tariffs may not work

The Chinese auto sector is increasingly making global automakers and politicians hot under the collar. In the early 1980s, the Chinese auto industry barely existed. Today the country has the …

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Candy makers face steep cocoa prices, get creative

by Anas Siddiqui
Candy makers face steep cocoa prices, get creative

Dried cocoa beans at the Somos Cacao farm and production facility in Ragonvalia, Norte de Santader department, Colombia, on Friday, March 22, 2024.  Ferley Ospina | Bloomberg | Getty Images …

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Broadcom stock up on earnings beat, increased demand for AI chips

by Edgar Davis
Broadcom stock up on earnings beat, increased demand for AI chips

Hock Tan, CEO of Broadcom Lucas Jackson | Reuters Broadcom shares closed up 12% on Thursday after the company posted second fiscal quarter earnings that beat analysts’ estimates and showed …

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Boeing and NASA delay Starliner astronaut return to June 22

by Anas Siddiqui
Boeing and NASA delay Starliner astronaut return to June 22

A satellite image shows an overview of the International Space Station with the Boeing Starliner spacecraft, June 7, 2024. Maxar Technologies | Via Reuters Boeing‘s Starliner capsule “Calypso” will stay …

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‘Inside Out 2’ arrives in theaters for increasingly rare 100-day run

by Walter Watson
‘Inside Out 2’ arrives in theaters for increasingly rare 100-day run

In Disney and Pixar’s “Inside Out 2,” Joy, Sadness, Anger, Fear and Disgust meet new emotions. Disney | Pixar Disney is looking to bring a little joy to theaters with …

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Pentagon picks Blue Origin, SpaceX, ULA in $5.6 billion rocket program

by Anas Siddiqui
Pentagon picks Blue Origin, SpaceX, ULA in .6 billion rocket program

A mass simulator version of a New Glenn rocket is moved for testing in November 2021. Blue Origin The Pentagon announced the first winning bidders in its rocket launch contract …

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Roaring Kitty’s GameStop stake grows to 9 million shares

by Walter Watson
Roaring Kitty’s GameStop stake grows to 9 million shares

Keith Gill, aka Roaring Kitty, hosting a YouTube livestream on June 7th, 2024. Source: Roaring Kitty | YouTube Meme stock champion Keith Gill, known as “Roaring Kitty” online, seemed to …

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GameStop annual shareholder meeting 2024 servers crash

by Anas Siddiqui
GameStop annual shareholder meeting 2024 servers crash

Traders work at the post where GameStop is traded on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., June 12, 2024.  Brendan McDermid | …

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