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Here's what the Koch family's 15% stake in Nets values for: source
The Koch family’s deal for a 15% stake in Brooklyn Nets parent BSE Global values the struggling NBA franchise at $3.8 billion – and puts the valuation for the parent...
NYC food delivery workers slam 'greedy apps' over tips, safety during heated City Council hearing
“We want to know how people’s pay is being calculated. The fact that we are fighting these apps on this is insane.”
Stock market could drop 5% or more before end of 2024: Wall Street analyst
CFRA Research's chief investment strategist said a tech-driven recent rally of share prices could come to an end after data for June showed that Americans were feeling gloomy about the...
FDA approves first menthol flavored e-cigarettes from Altria's NJOY
The FDA's authorization comes at a time when the government is reviewing a potential ban on menthol cigarettes.
Car dealerships forced to process orders by hand after cyberattacks shut down computer system
A software provider to some 15,000 car dealerships said that at least two cyberattacks forced it to shut down its computerized management system.
Home sales drop for third straight month as prices hit record high
The national median sales price rose 5.8% from a year earlier to $419,300, an all-time high on records going back to 1999. It’s also up 51% from five years ago.
Costco recalls 567,000 portable chargers due to overheating, fire concerns
Three models of the myCharge POWER HUB All-In-One 10,000mAh portable charger were deemed to pose a risk to the public.
American Airlines flight attendants move closer to strike, fail to reach deal on new contract with airline
The airline's flight attendants, however, cannot walk off the job until the National Mediation Board (NMB) grants them permission.
Melinda Gates backs Biden in first-ever endorsement, while Winklevoss twins back 'pro-crypto' Trump
Gates said the contrast between Biden and former President Donald Trump, his Republican rival in the Nov. 5 election, "couldn't be greater, and the stakes couldn't be higher."
MacKenzie Scott gave $2M to nonprofit tied to group that helped build pro-Palestinian UPenn encampment: report
Bread & Roses Community Fund, a "racial, social, and economic justice" nonprofit, was a recipient of a $2 million grant from Scott.
Olive Garden hiking menu prices again — despite admitting losing customers to inflation
“We’re not going to do things to buy sales even with the increasing discounting our competitors are doing,” the chain's CEO said. “Our focus is on profitable sales growth.”
TikTok admits US ban is inevitable if court doesn't block law
TikTok's future in the US may rest on the outcome of the case which could impact how the government uses its new authority to clamp down on foreign-owned apps.
'Pharma Bro' Martin Shkreli claims he and Barron Trump created DJT crypto token
Rumors of possible links with the 45th president sent DJT TrumpCoin's value skyrocketing by 385% within 24 hours on Tuesday, and amassing a trading volume of $363 million.
Biden admin bans sales of antivirus software over ties to Russia
The company's close ties to the Russian government were found to pose a critical risk andthat the software's privileged access to a computer's systems could allow it to steal sensitive...
Tom Brady teams up with delivery service Gopuff, selling TB12, health products
In the coming weeks, Brady will have a curated category on the Gopuff app and the company’s website that will be complete with TB12, Nobull and other wellness products.
Florida's state-backed home insurance company to hike rates 14%: 'A whole mess of trouble'
The board of governors of the Citizens Property Insurance Corporation voted unanimously on Wednesday to boost rates for next year.
Red state sues tech giant IBM over diversity 'quotas'
The state of Missouri has filed a lawsuit against the technology giant, International Business Machines Corporation (IBM), for unlawful practices in allegedly requiring racial and gender quotas in its hiring and promotion...
Instagram recommends sexual videos to teen users as young as 13, alarming report reveals
The Wall Street Journal and a Northeastern University researcher probed Instagram's filters by creating accounts posing as fictional 13-year-olds and scrolling Reels video feed.
Ferrari's first electric car reportedly to cost whopping six-figure amount: 'Increasing demand out there'
The price tag, which doesn't include features and personal touches that typically add 15-20%, is well above the average sale price of around 350,000 euros, including extras, for a Ferrari in the...
Corn growers join lawsuit against EPA for emissions mandates
Several U.S. oil and corn industry lobby groups are suing the Biden Administration over its plans to slash planet-warming tailpipe emissions from cars and trucks.