Wells Fargo's recent victory in lifting the asset cap imposed by the Fed signals a turnaround for the bank, allowing for expansion in key areas. CEO Charlie Scharf celebrates this pivotal milestone as shares rise 2.7% in after-hours trading.
Hims & Hers Health is set to acquire European telehealth platform Zava, aiming to expand its services across Europe. The deal promises to add 1.3 million customers and enhance access to affordable medications in Ireland, France, and Germany.
Paramount Global has scheduled its annual shareholder meeting for July 2, signaling potential delays in its $8 billion merger with Skydance Media. With regulatory hurdles and a lawsuit from Donald Trump, the merger's future remains uncertain.
As anticipation builds for WWDC 2025, reports suggest Apple's AI announcements may disappoint, leaving many to wonder if the tech giant is falling behind its competitors in the AI landscape.
Get ready for an exciting month of gaming! PlayStation Plus subscribers can download NBA 2K25, Alone in the Dark, and Bomb Rush Cyberfunk starting June 3, along with the Destiny 2 expansion on May 28.
In a controversial move, the Trump administration has ordered a halt to new student visa appointments while expanding social media vetting. This decision has sparked criticism over potential free speech violations and its impact on international students.
As the WNBA season tips off, all eyes are on rookie sensations Caitlin Clark and Paige Bueckers. Can they transform their struggling franchises into title contenders? Find out how the teams are gearing up for an exciting season!
Etihad Airlines has announced a massive $14.5 billion order for 28 Boeing aircraft powered by GE engines, set to start joining its fleet in 2028, marking a significant expansion in its operations.
In a bold move, Dick's Sporting Goods plans to acquire Foot Locker for $2.4 billion, aiming to merge their strengths in the competitive sports retail market. Despite concerns from investors about Foot Locker's declining sales, both companies believe this partnership will enhance their market reach and customer experience. The deal is set to reshape the landscape of sports retail and expand sneaker culture globally.
In a surprising shift, California Governor Gavin Newsom announces plans to freeze enrollment for low-income immigrants in state-funded healthcare starting in 2026, a move driven by soaring costs and budget constraints. Existing enrollees will face new premiums, signaling a significant policy change amidst economic challenges.
