Experts warn Big Tech antitrust bills could 'shackle innovation and hurt consumers'
As bipartisan lawmakers push antitrust bills targeting Big Tech companies, experts are warning that the legislation could potentially harm innovation and consumers.
FedEx posts profit as online shopping boom continues
FedEx reported a nearly $2 billion profit in its most recent quarter, after reporting a loss the year before, helped by a surge in online shopping and the growth of its business-to-business shipping services.
Microsoft joins Apple in $2T market value club
Microsoft's stock price on the rise pushed the software giant to $2 trillion in market value. Check out Microsoft's share price here.
Banks pass Fed’s stress tests results with flying colors
The Federal Reserve has blessed the nation's largest banks with a clean bill of health paving the way for a flood of dividends and buybacks.
Avenatti sentencing postponed until July 9 in Nike case
A judge on Thursday postponed until July 9 the sentencing of Michael Avenatti for the once high-profile lawyer's conviction in an extortion case involving sportswear giant Nike.
Elon Musk hints at Starlink IPO
SpaceX founder Elon Musk said Wednesday night that it would be "at least a few years" before satellite broadband service Starlink would be publicly listed.
Microsoft enters the next generation with Windows 11
Microsoft is headed into the next generation with the official unveiling of the Windows 11 operating system.
FedEx suspended service for 1,400 freight customers
FedEx Corp. suspended about 1,400 customers of its Freight shipping service earlier this month, a move that surprised customers and was aimed at easing a congested network taxed by relentless package volume.
Bank of America, Wells Fargo eye dividend boost as Fed’s stress tests loom
Passing the Fed's stress tests will allow big banks to unleash billions to buy back stock and boost dividends.
Southwest CEO Gary Kelly to step aside, successor named
Southwest Airlines CEO Gary Kelly is stepping aside, a company insider will take the helm in February of 2022.
Big Tech faces new onslaught on Capitol Hill as lawmakers push package of antitrust bills
Big Tech is under mounting pressure on Capitol Hill as lawmakers take up a series of sweeping new antitrust bills that could break up some of Silicon Valley's most powerful companies.
Ford to supply electric and internal combustion powertrains for new U.S. mail trucks
Ford will supply powertrains to Oshkosh Defense for use in the Next Generation Delivery Vehicle it is developing for the U.S. Postal Service. The trucks will be offered in all-electric and internal combustion engine-powered versions.
Prosecutors balk at Avenatti's 7th sentencing delay request
Prosecutors did not find Michael Avenatti’s seventh request to delay sentencing a charm, saying Tuesday that the once high profile California lawyer should be forced to hear his punishment next week for trying to extort Nike for up to $25 million.
Fast-food chains cut discounts, push pricy meals post-pandemic
NEW YORK - Restaurant chains including McDonald's Corp and KFC are paring back $5-and-under "value" items in favor of more expensive $10-to-$30 combination meals, a strategy employed to lift sales and profits and offset rising food costs as the U.S. economy reopens.
Packers' Davante Adams teams up with Optimum Nutrition to promote fitness in underserved communities
Green Bay Packers star wide receiver Davante Adams is in the midst of a busy offseason, but the veteran wideout is still finding time off the field to give back to the community.
Harlem Globetrotters petition NBA to become next expansion franchise
The Harlem Globetrotters threw their hat into the ring to become the NBA’s next expansion franchise.
Carl Nassib stunning ex-teammates with financial advice in 2018 goes viral after revealing he is gay
A clip of Las Vegas Raiders defensive end Carl Nassib during his time with the Cleveland Browns went viral on Monday after he announced he is gay.
McDonald’s expanding loyalty program nationwide next month
The fast-food chain announced Tuesday that its MyMcDonald’s Rewards program will be available at participating restaurants nationwide starting on July 8.
How Starbucks will capitalize on the post-pandemic coffee break
Starbucks has an opportunity to caffeinate its coffee sales as workers head back to the office post-pandemic, according to Wells Fargo.
EU investigates Google's conduct in digital ad tech sector
Google faces a fresh antitrust investigation from European Union regulators.


















