Posted inEconomy
DOJ seizes record $225 million in crypto tied to global ‘pig butchering’ scams
The Justice Department announced Wednesday the largest-ever U.S. seizure of cryptocurrency linked to so-called “pig…
Posted inEconomy
Tesla stock sinks as Musk and Trump ridicule each other
One day after seeing their largest-ever one-day drop, Tesla shares recovered some losses Friday as…
Posted inEconomy
Trump implies government could cut contracts and subsidies to Musk’s companies
President Donald Trump has escalated his sudden rupture with Elon Musk by implying the government…
Posted inEconomy
Shein and Temu see U.S. demand plunge as loophole for cheap goods closes
Use of low-cost e-commerce giants Temu and Shein has slowed significantly in the key U.S.…
Posted inEconomy
Uber delivery chief Gore-Coty is leaving after almost 13 years at ride-hailing company
Uber said Monday that Pierre-Dimitri Gore-Coty, one of the company’s longest-tenured top executives and the…
Posted inEconomy
Elon Musk’s Neuralink raises $650 million in fresh capital
Elon Musk’s brain tech startup Neuralink has closed a $650 million funding round, the company…
Posted inEconomy
Tesla’s robotaxi launch in tech-friendly Austin has Musk playing catch-up in his hometown
Tesla’s long-awaited entry into the robotaxi market — expected later this month — is coming…
Posted inEconomy
Dollar General is shaking off tariff fears and winning over higher-income consumers
Shares of Dollar General jumped nearly 16% on Tuesday after the discounter raised its outlook,…
Posted inEconomy
Peloton launching resale market for used bikes, treadmills
Peloton on Tuesday launched its own marketplace for reselling used equipment and gear as the…
Posted inEconomy
OpenAI tops 3 million paying business users, launches new features for workplace
OpenAI on Wednesday announced that it now has 3 million paying business users, up from…