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Category: Business

CVS Caremark ordered to pay $290M after Medicare fraud scheme exposed by former Aetna whistleblower
Business

CVS Caremark ordered to pay $290M after Medicare fraud scheme exposed by former Aetna whistleblower

August 21, 2025

Whistleblower Sarah Behnke's lawsuit leads to a $290 million judgment against CVS Caremark for overcharging Medicare on prescription drugs in…

From intern to CEO: Who is Michael Fiddelke, Target’s next chief executive?
Business

From intern to CEO: Who is Michael Fiddelke, Target’s next chief executive?

August 21, 2025

Michael Fiddelke will become Target's new CEO in February 2026, completing a remarkable 22-year journey from company intern to chief…

Fed minutes show tariff inflation fears outweighed jobs market in July rate decision
Business

Fed minutes show tariff inflation fears outweighed jobs market in July rate decision

August 21, 2025

Minutes from the Fed's July policy meeting revealed policymakers prioritized tariff-driven inflation risks over labor market concerns when keeping interest…

Federal Trade Commission sues LA Fitness operators over ‘exceedingly difficult’ membership cancellations
Business

Federal Trade Commission sues LA Fitness operators over ‘exceedingly difficult’ membership cancellations

August 21, 2025

The Federal Trade Commission targets LA Fitness and Esporta Fitness operators for alleged consumer protection violations related to difficult subscription…

Swatch apologizes for offending Asian market with ‘slanted eyes’ watch ad
Business

Swatch apologizes for offending Asian market with ‘slanted eyes’ watch ad

August 20, 2025

Swiss watch maker Swatch faced criticism from Chinese social media users over a controversial ad showing a model pulling his…

Costco’s Pepsi-to-Coke switch goes viral as members sound off
Business

Costco’s Pepsi-to-Coke switch goes viral as members sound off

August 20, 2025

Membership warehouse chain Costco completed a nationwide transition to Coca-Cola products in food courts, ending an 11-year partnership with PepsiCo…

Trump blasts appeals court for halting Resolution Copper land transfer
Business

Trump blasts appeals court for halting Resolution Copper land transfer

August 20, 2025

President Trump calls court blocking of Arizona copper mine project 'anti-American' as 9th Circuit temporarily halts land transfer needed for…

Google strikes major nuclear power deal to fuel AI data centers with 50 megawatt capacity
Business

Google strikes major nuclear power deal to fuel AI data centers with 50 megawatt capacity

August 20, 2025

Tennessee Valley Authority becomes first utility to purchase power from GEN IV reactor through Google and Kairos Power partnership for…

FDA issues warning, investigating after radioactive shrimp bound for Walmart detected at major US ports
Business

FDA issues warning, investigating after radioactive shrimp bound for Walmart detected at major US ports

August 20, 2025

Shrimp from Indonesia contaminated with man-made Cesium-137 found at US ports, FDA warns consumers not to eat Great Value frozen…

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Crypto World

1
Cryptocurrency

Trump hint sends Kevin Hassett Fed chair odds soaring in markets

December 3, 2025

Prediction market odds on Kevin Hasset becoming the next chair of the US Federal Reserve spiked after US President Donald Trump appeared to hint at who he has in mind during a White House event. Speaking…

2
Cryptocurrency

Crypto lobby slams ABC’s ‘sensational’ Bitcoin article in complaint

December 3, 2025

A crypto industry group has filed a formal complaint against the Australian Broadcasting Corporation, seeking to correct a recent article that contained several misrepresentations and factual errors about Bitcoin. In its complaint, the Australian Bitcoin Industry…

3
Cryptocurrency

Bitcoin surges to $93K after Sunday flush, as analysts eye $100K

December 3, 2025

Bitcoin is seeing renewed optimism of a recovery, as crypto market analysts are eyeing six figures for the cryptocurrency as it gained above $92,000 after a fall to $84,500.“This is what you’d want to see.…

4
Cryptocurrency

UK takes ‘massive step forward,’ passing property laws for crypto

December 3, 2025

The UK has passed a bill into law that treats digital assets, such as cryptocurrencies and stablecoins, as property, which advocates say will better protect crypto users.Lord Speaker John McFall announced in the House of…

Economy

Economy

Marvell to acquire Celestial AI for as much as $5.5 billion

December 3, 2025
Economy

Holiday shopping turnout jumps to 202.9 million people during Thanksgiving weekend, NRF says

December 3, 2025
Economy

SoftBank soars 8% as Japanese tech stocks track Wall Street peers

December 3, 2025
Economy

Anthropic reportedly preparing for one of the largest IPOs ever in race with OpenAI: FT

December 3, 2025
Economy

Delayed tariff impact starting to hit, could cause companies to reduce head count in 2026

December 3, 2025
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