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Category: Business

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…

Legal Challenges in Online Casinos CoinsPaid, AlphaPo & SoftSwiss
Banking, Business

Legal Challenges in Online Casinos CoinsPaid, AlphaPo & SoftSwiss

August 19, 2025

SoftSwiss and its associated entities, including CoinsPaid, AlphaPo, Merkeleon, and Dream Finance, have faced numerous allegations related to money laundering,…

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Crypto World

1
Cryptocurrency

CFTC sees mixed responses to prediction market rulemaking

May 4, 2026

The US Commodity Futures Trading Commission received more than 1,500 responses to a proposed rule tied to prediction markets, with some backing the regulator while others called for a tougher crackdown on the platforms.The CFTC’s…

2
Cryptocurrency

Bitcoin climbs past $80K for the first time since January

May 4, 2026

Bitcoin breached $80,000 on Monday, rising 2.7% over a three-hour span as Asian equities began trading, marking its highest price since Jan. 31, 2026.The Bitcoin rally began at 1:25 am UTC, rising from $78,415 to…

3
Cryptocurrency

US law firm attempts to block transfer of frozen ETH from Kelp exploit

May 4, 2026

A US law firm has filed a restraining notice to block the transfer of frozen Ether from the Kelp exploit, arguing that its clients are owed over $877 million in compensation and damages by North…

4
Cryptocurrency

Ethereum Foundation sells another 10,000 ETH to BitMine in third OTC deal

May 2, 2026

The Ethereum Foundation has completed a third over-the-counter (OTC) sale of ETH to BitMine Immersion Technologies, offloading another 10,000 ETH at an average price of $2,292 per coin, worth roughly $22.9 million.“This sale funds the…

Economy

Economy

U.S. crude oil exports surge to record as tankers flock to Gulf Coast during Iran war

May 4, 2026
Economy

Rudy Giuliani, former New York mayor and Trump lawyer, hospitalized in critical condition

May 4, 2026
Economy

Meme stock GameStop makes $56 billion offer for eBay in bid to rival Amazon

May 4, 2026
Economy

The U.S.-Iran war is coming for your credit score and mortgage application

May 2, 2026
Economy

Weight loss and hair loss: The growing hair treatment market from GLP-1s

May 2, 2026
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