Apple hits $3T in market cap, but changes could be coming to its credit card: report
Apple became the first public company to close a trading day with a market cap over $3 trillion Friday, even as Goldman Sachs reportedly looks to shed its credit card partnership.
AI helping remove Chinese goods made with Uyghur forced labor from corporate supply chains
Altana Technologies developed an AI-informed supply chain mapping system used by Customs and Border Protection and a number of firms to root out Uyghur forced labor from supply chains.
Hyundai chairwoman denied access to North Korea for husband's memorial service
North Korea has denied Hyundai Group Chairwoman Hyun Jeong-eun's request to visit the country's Mount Kumgang for a memorial service in honor of her late husband.
Prince William's salary revealed, King Charles dipped into cash reserves in expensive year for royal family
The British royals spent 5% more this financial year than last year due to several expensive events, including Queen Elizabeth II's jubilee and funeral.
Prince Harry, Meghan Markle: Rival streamer says it ‘values’ partnership with couple after Spotify deal ends
Netflix said it "values" its partnership with Prince Harry and Meghan Markle after Spotify ended its podcast deal with the Duke and Duchess of Sussex.
Barclays settles after shuttering Christian charity's account following alleged 'conversion therapy' promotion
Barclays Bank agreed to pay more than £20,000 compensation in response to a lawsuit that alleged religious discrimination after they shuttered the bank account of a Christian nonprofit.
US regulators planning major antitrust lawsuit against Amazon: Report
The FTC is reportedly planning to take legal action Amazon.com's online marketplace for rewarding online merchants that use its logistics services and penalizing firms that don't.
Warren says Yellen, Biden officials wrong on 'dangerous' bank mergers
Massachusetts Sen. Elizabeth Warren sent a letter warning Treasury Secretary Janet Yellen and other financial regulators against allowing further bank mergers.
US weighs new restrictions on AI chip exports to China: Report
The U.S. is reportedly considering restrictions on exports of artificial intelligence chips made by companies like Nvidia and Advanced Micro Devices to China.
Tesla on Autopilot rear-ends work truck along Pennsylvania interstate, police say
Pennsylvania State Police said an 18-year-old was operating his Tesla on Autopilot when the car lost control and rear-ended a work truck along a busy interstate.
FTX's new CEO claims company lied to banks for years about misuse of customer funds
A blistering report by FTX CEO John J. Ray III accuses ex-CEO Sam Bankman-Fried and former top executives of lying to banks, executing false documents and hiding their wrongdoing.
Electric truck maker Lordstown Motors files for bankruptcy, sues Foxconn
Ohio-based electric pickup truck maker Lordstown Motors filed for Chapter 11 on Tuesday and is taking legal action against Taiwanese manufacturer Foxconn.
Electric truck company touted by Trump as 'an incredible concept' files for bankruptcy
Electric truck manufacturer Lordstown Motors, which was boosted in 2020 by the Trump White House, filed for bankruptcy Tuesday amid falling sales numbers.
PacWest sells loan portfolio for over $3.5B
PacWest Bancorp confirmed on Monday the sale of a $3.54 billion loan portfolio to asset firm Ares Management after the LA-based bank began selling real estate loans in May.
Inflation woes: Nearly half of Americans canceling summer vacations and changing plans
Inflation is pushing many Americans to cut back on summer vacations and leisure activities, according to a recent survey by ScoreSense. Some have also turned to personal loans to cover expenses.
IBM pays nearly $5B for software provider Apptio
Tech giant IBM has finalized a deal for the software provider Apptio for $4.6 billion from Vista Equity Partners, giving the tech company greater automation capabilities.
Biden administration announces $1.7B for low or no-emission buses, transit projects
The Biden administration Department of Transportation is awarding $1.7 billion for buying “low and no emission buses and transit projects across 46 states and territories."
Biden FTC chair probing Elon Musk's Twitter purchase to face grilling from Jim Jordan's Judiciary Committee
Federal Trade Commission Chair Lina Khan is to "voluntarily appear" before Rep. Jim Jordan's House Judiciary Committee in July amid her agency's probe into Elon Musk's Twitter takeover.
Former Google CEO Schmidt pays $67 million for Russian's superyacht
Former Google CEO Eric Schmidt has taken Russian oligarch Andrey Guryev's superyacht off of Antiguan authorities' hands after placing a winning $67.6 million bid at auction.
Supreme Court rules in favor of Coinbase in arbitration clash
The U.S. Supreme Court on Friday ruled in favor of Coinbase's efforts to stop customer lawsuits while appealing to move the proceedings out of courts and into private arbitration.



















