SEC fines six major credit rating agencies over failure to keep electronic records
The US Securities and Exchange Commission fined six major credit rating organizations a total of $49 million for their “significant failures” to keep electronic communications.
Apple is expected to debut the first generative AI iPhone at its September 9 event
Apple has announced the date of its next major event, where the iPhone 16 is expected to launch. On Monday, September 9 the tech giant is hosting a special event with the tag line “It’s Glowtime.” The event will take place at 10 am PT at the Steve Jobs Theater in Apple Park and will be streamed online.
Harris has a plan to fix one of America’s biggest economic problems. Here’s what it means for you
Americans across the political spectrum can agree on this: Rent is expensive, and buying a home can feel nearly impossible.
Wally Amos, founder of Famous Amos cookies, dies at 88
Wally Amos, the charismatic founder of Famous Amos cookies, has died at age 88, according to a statement signed by his children.
Texas sues General Motors, alleging illegal selling of driver data
Texas Attorney General Ken Paxton sued General Motors Tuesday, alleging the carmaker illegally collected and sold drivers’ data to insurance companies without their consent or knowledge, according to a release from the AG’s office.
Israel’s credit rating cut again as conflicts drag on
Israel’s credit rating was downgraded by Fitch Ratings Monday, after the agency cited concerns around the ongoing war with Hamas and geopolitical risks.
Samsung is recalling 1 million stoves to prevent pets from setting your home on fire
Samsung is recalling knobs on some of its electric stoves, warning that fires can be set off if pets — or even humans — bump into them.
Elon Musk’s X just sued a nonprofit advertising group out of existence
A major ad industry group is shutting down, days after Elon Musk-owned X filed a lawsuit that claimed the group illegally conspired to boycott advertising on his platform.
What’s open and closed on Memorial Day 2024
Memorial Day is the unofficial start of summer, with many students out of school and office workers enjoying the day off.
Krispy Kreme donuts are coming to McDonald’s
McDonald’s customers can soon pair Krispy Kreme donuts with their morning McCafe, in a new food partnership that seeks to expand both brands but that could wind up weakening them instead.
Krispy Kreme donuts come to McDonald’s
McDonald’s customers can soon pair Krispy Kreme donuts with their morning McCafe, in a new food partnership that seeks to expand both brands but that could wind up weakening them instead.
Five moves Walmart is making to overhaul business for future
Walmart, the global mega-retailer that began in Arkansas in 1962, is making huge moves in 2024. It’s making investments in technology and inventory that move it into new businesses and which will alter the Walmart experience of many customers.