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OpenAI is buying iPhone designer Jony Ive’s AI devices startup for .4 billion

OpenAI is buying iPhone designer Jony Ive’s AI devices startup for $6.4 billion

Technology News

OpenAI Chief Executive Officer Sam Altman appears on screen during a talk with Microsoft Chairman and Chief Executive Officer Satya Nadella at the Microsoft Build 2025, conference in Seattle, Washington on May 19, 2025. Jason Redmond | AFP | Getty Images OpenAI said on Wednesday that it’s buying Jony Ive’s AI devices startup io for […]

OpenAI is buying iPhone designer Jony Ive’s AI devices startup for $6.4 billion Read More »

Burger King targets families through movie partnerships in latest stage of turnaround

Burger King targets families through movie partnerships in latest stage of turnaround

Business News

Burger King’s “How to Train Your Dragon” menu items include the Dragon Flame-Grilled Whopper, Fiery Dragon Mozzarella Fries, Soaring Strawberry Lemonade and the Viking’s Chocolate Sundae. Source: Burger King As Burger King enters the next phase of its turnaround efforts, the fast-food chain is trying to lure families back to its restaurants with colored Whopper

Burger King targets families through movie partnerships in latest stage of turnaround Read More »

Canada Goose beats estimates, pulls full-year guidance on ‘macroeconomic uncertainty’

Canada Goose beats estimates, pulls full-year guidance on ‘macroeconomic uncertainty’

Business News

Canada Goose jackets for sale inside a Nordstrom store in Toronto, Ontario, Canada, on Tuesday, March 21, 2023. Nordstrom will close its six Canadian department store locations and seven Nordstrom Rack shops, as CEO Erik Nordstrom said the company no longer sees a realistic path to profitability in the country, The Canadian Press reports. Photographer:

Canada Goose beats estimates, pulls full-year guidance on ‘macroeconomic uncertainty’ Read More »

Target cuts sales outlook as retailer blames tariff uncertainty and backlash to DEI rollback

Target cuts sales outlook as retailer blames tariff uncertainty and backlash to DEI rollback

Business News

People shop at a Target store on April 02, 2025 in the Flatbush neighborhood of the Brooklyn borough in New York City.  Michael M. Santiago | Getty Images Target on Wednesday cut its full-year sales outlook, as executives said weaker discretionary spending, consumer uncertainty about tariffs and backlash to the company’s rollback of key diversity,

Target cuts sales outlook as retailer blames tariff uncertainty and backlash to DEI rollback Read More »

Lowe’s sticks by full-year forecast as sales from home professionals boost business

Lowe’s sticks by full-year forecast as sales from home professionals boost business

Business News

Lowe’s on Wednesday stood by its full-year forecast, as growing sales among home professionals helped offset slower demand from do-it-yourself customers. The home improvement retailer came in just shy of Wall Street’s expectations for quarterly sales, but beat earnings estimates. Shares of Lowe’s rose nearly 3% in premarket trading Wednesday. In the company’s news release,

Lowe’s sticks by full-year forecast as sales from home professionals boost business Read More »

Toyota redesigns America’s top-selling RAV4 SUV to exclusively be a hybrid

Toyota redesigns America’s top-selling RAV4 SUV to exclusively be a hybrid

Business News

PLANO, Texas — The top-selling SUV in the United States will exclusively be offered as a hybrid model as part of a redesign of the RAV4 lineup, Toyota Motor announced Tuesday night. The world’s largest automaker said the 2026 Toyota RAV4 only will be offered as a hybrid or plug-in hybrid, eliminating a traditional gas

Toyota redesigns America’s top-selling RAV4 SUV to exclusively be a hybrid Read More »

Why Walmart decided to say it would raise prices — and risk Trump’s fury

Why Walmart decided to say it would raise prices — and risk Trump’s fury

Business News

A Walmart store is shown in Oceanside, California, U.S., May 15, 2025. Mike Blake | Reuters Last month, Walmart downplayed how much President Donald Trump’s tariffs would affect its business in front of a large audience of investors. CEO Doug McMillon pointed to other challenging times that the company had weathered — like the aftermath

Why Walmart decided to say it would raise prices — and risk Trump’s fury Read More »

FDA outlines stricter Covid vaccine booster approval standards for healthy people

FDA outlines stricter Covid vaccine booster approval standards for healthy people

Business News

Brandon Guerrero, of Compton, California, is given both a flu and Covid vaccine at CVS in Huntington Park, California, Aug. 28, 2024. Christina House | Los Angeles Times | Getty Images The Food and Drug Administration on Tuesday outlined new regulatory guidance for future Covid-19 vaccine boosters, setting stricter approval standards for healthy Americans.  The

FDA outlines stricter Covid vaccine booster approval standards for healthy people Read More »

Levi Strauss to sell Dockers to brand management firm Authentic Brands Group

Levi Strauss to sell Dockers to brand management firm Authentic Brands Group

Business News

The Levi’s brand logo on a store.  Jens Kalaene | Picture Alliance | Getty Images Levi Strauss has agreed to sell Dockers to brand management firm Authentic Brands Group for $311 million, the companies announced Tuesday.  Under the terms of the deal, Authentic will own Dockers’ intellectual property while Centric Brands will take on operations,

Levi Strauss to sell Dockers to brand management firm Authentic Brands Group Read More »

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