Paramount Global shares fall over 28% after weak earnings report, dividend cut
Paramount Global shares plummet as company cuts dividend and earnings miss estimates.
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Carl's Jr. and Hardee's to roll out A.I. drive-thru ordering nationwide
CKE Restaurants, the parent company of Carl's Jr. and Hardee's, is working to bring automated drive-thru ordering to its restaurants nationwide.
Virgin Islands issued subpoena to Google co-founder Larry Page in lawsuit against JPMorgan Chase over Jeffrey Epstein
The U.S. Virgin Islands is suing JPMorgan Chase for alleged complicity in sex trafficking by Jeffrey Epstein.
White House announces $140 million A.I. hub investment ahead of meeting with Google, OpenAI
Funding for the research hubs will come from the National Science Foundation and will bring the total number of AI research institutes to 25 across the country.
Supreme Court: Harlan Crow paid school tuition for Clarence Thomas' nephew, report says
The Supreme Court and Justice Clarence Thomas have been under fire for weeks over reports of largesse to Thomas by GOP billionaire donor Harlan Crow.
New York, California attorneys general probe NFL workplace practices, discrimination claims
The probe will eye the NFL for potential violations of state pay equity and discrimination laws, acording to the California and New York attorneys general.
How to buy your first car: Tips for navigating an 'unprecedented' market, according to auto experts
Ready to buy your first car? Here are some tips to make sure you get the best deal possible — and it doesn't break the budget.
Olive Garden parent Darden Restaurants bets on fine dining with $715 million Ruth's Chris deal
Darden Restaurants believes fine-dining restaurants' sales growth will outpace that of casual-dining eateries through 2026.
Shopify offloads logistics business to Flexport
The sale marks a reversal for Shopify, which had spent years building out its own logistics and order fulfillment operations.
J&J spinoff Kenvue prices IPO at $22, toward the top end of expected range
J&J's consumer health spinoff, Kenvue, is expected to set an initial public offering price Wednesday night and trade Thursday on the New York Stock Exchange.
Slack's getting an A.I. chatbot that can summarize messages, take notes and more
Slack plans to offer chatbot tech in a new way: in-app tools that allow users to shorten and adjust message tone, summarize missed messages and more.
Microsoft opens up Bing access and adds chat history and export features
The new version of Bing has yet to gain search advertising market share, but Microsoft has limited its availability. Now that's changing.
Deposition of JPMorgan CEO Dimon in Jeffrey Epstein lawsuits set for late May, source says
Jeffrey Epstein, a sex offender who had been friends with former presidents Donald Trump and Bill Clinton, was a customer of JPMorgan Chase for years.
Trump lawyers will not offer witnesses at E. Jean Carroll rape defamation trial
Donald Trump denies claims he raped writer E. Jean Carroll in the dressing room of the New York City department store Bergdorf Goodman in the mid-1990s.
FDA commissioner praises Eli Lilly Alzheimer's treatment results
Donanemab slowed the decline in memory, in thinking and in the ability to conduct daily activities by 35%, according to Lilly's data.
Qualcomm gives light forecast, phone chip sales fall 17%
Qualcomm reported second-quarter earnings on Wednesday that saw sales from handset chips, a core business for the company, decline.
UAW withholding Biden reelection endorsement until EV concerns are addressed
UAW President Shawn Fain says the union wants a "just transition" for workers, as the government uses taxpayer money to subsidize the EV industry.
Billionaire Stephen Deckoff buys Jeffrey Epstein's private islands
Jeffrey Epstein used his private retreat in the U.S. Virgin Islands to sexually abuse multiple women. A billionaire plans a new luxury resort there.
Yum Brands earnings miss estimates despite KFC and Pizza Hut's recovery in China
Yum's same-store sales increased 8% in the quarter as KFC, Taco Bell and Pizza Hut outperformed expectations.
Fed increases rates a quarter point and signals a potential end to hikes
The Federal Reserve on Wednesday released its decision on interest rates following a two-day meeting.
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