Egg rationing is here. With prices rising rapidly and showing no signs of slowing anytime soon, some of the nation’s biggest grocery store chains — including Trader Joe’s, Walmart and Costco…
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Prebiotic soda brand Olipop said Wednesday that it was valued at $1.85 billion in its latest funding round, which raised $50 million for the company. Founded in 2018, Olipop has…
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Business
Sports bar chain Twin Peaks is going public. These restaurant companies are the next to watch.
by adminSports bar chain Twin Peaks starts trading Thursday on the Nasdaq using the ticker “TWNP,” making it the first restaurant initial public offering of the new year and a potential…
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Business
Bank of America CEO says financial industry will jump into crypto payments if regulators allow it
by adminBank of America CEO Brian Moynihan said Tuesday that the U.S. banking industry will embrace cryptocurrencies for payments if regulators allow it. The head of the second largest U.S. bank by assets was…
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President Donald Trump isn’t expected to carry through on his threat to impose sweeping tariffs on the first day of his presidency, a move that economists have warned could lead…
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JPMorgan Chase CEO Jamie Dimon said Wednesday that the looming tariffs that President Donald Trump is expected to slap on U.S. trading partners could be viewed positively. Despite fears that the duties could spark a…
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Business
Netflix shares soar as company reports surging revenue, tops 300 million subscribers
by adminShares of Netflix soared more than 13% Tuesday after the company posted fourth-quarter results that beat on the top and bottom lines. The company surpassed 300 million paid memberships during the quarter,…
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Business
Goldman Sachs rolls out an AI assistant for its employees as artificial intelligence sweeps Wall Street
by adminGoldman Sachs is rolling out a generative AI assistant to its bankers, traders and asset managers, the first stage in the evolution of a program that will eventually take on the…
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The Walt Disney Company’s box office domination continued over the holiday weekend. “Moana 2” topped $1 billion during the Martin Luther King Jr. Day weekend, becoming the studio’s third 2024 release…
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Business
OpenAI introduces Operator to automate tasks like vacation planning, restaurant reservations
by adminOpenAI is taking its ChatGPT chatbot to the next level, adding a feature to automate tasks like planning vacations, filling out forms, making restaurant reservations and ordering groceries. The tool,…
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Business
DOJ sues Walgreens, alleging it ‘knowingly’ filled millions of invalid prescriptions
by adminThe Department of Justice said Friday that it sued pharmacy giant Walgreens over allegedly dispensing millions of unlawful prescriptions. The DOJ said that Walgreens from August 2012 until the present “knowingly” filled those prescriptions, which “lacked…
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