Damon Jones, ex-NBA player, pleads not guilty to charges involving rigged poker games and insider betting on player injuries. The scandal has implications for the league and sports betting.
Ford's F-150 Lightning might be scrapped as production halts due to aluminum supply issues. With significant losses in its EV unit, Ford shifts focus to more profitable gas and hybrid trucks.
In a surprising turn of events, the Jets traded Sauce Gardner just months after making him the highest-paid cornerback. General Manager Darren Mougey reveals how the contract was structured for this exact scenario.
Asian stocks have plunged sharply as volatility surges to levels not seen since April. Concerns over stretched valuations arise following a tech-led selloff on Wall Street, with major players like Palantir and Nvidia facing scrutiny. Will the rally continue or is it time to take profits?
Cava has lowered its full-year forecast for the second consecutive quarter, citing a decline in visits from younger consumers. CFO Tricia Tolivar explains how economic factors and changing consumer habits are affecting sales. Despite challenges, Cava is gaining market share and opening new locations.
Steve Huffman, CEO of Reddit, has become a billionaire following the platform's record profits and strategic shift towards AI. With daily users doubling, Reddit is reshaping the social media landscape.
In a recent podcast, OpenAI's Sam Altman defended the company's ambitious $1.4 trillion financial commitments amid skepticism about their revenue growth. With major AI deals and high expectations, Altman is confident about future profits but acknowledges risks.
Berkshire Hathaway reported a stunning 34% rise in operating profit, reaching $13.485 billion, while cash reserves hit a new record. Despite market fluctuations, Buffett's strategic decisions continue to shape the future.
US businesses are struggling with a sudden penny shortage after the Mint stopped production. Many are rounding cash sales, impacting profits and causing confusion among customers. Learn how this affects retailers nationwide!
HSBC has exceeded Q3 profit expectations with a net income of $7.3 billion despite rising operating expenses. The bank's wealth division saw remarkable growth, indicating a strong recovery. Learn more about HSBC's financial strategies and future outlook.