The exterior of a Dollar General convenience store on August 30, 2024 in Austin, Texas. Brandon Bell | Getty Images Dollar General is testing same-day delivery to customers’ homes as the deep discounter tries to fend off fiercer competition with Walmart. On an earnings call Thursday, Dollar General CEO Todd Vasos said the retailer “soft … Read more
Book title: “Delay Deny Defend: Why Insurance Companies Don’t Pay Claims and What You Can Do About It” by Jay M. Feinman Source: Amazon Inc. Shell casings from the brazen slaying of UnitedHealthcare CEO Brian Thompson in midtown Manhattan had the words “deny,” “defend” and “depose” written on them, NBC News reported Thursday, citing law … Read more
The Washington Post | The Washington Post | Getty Images President-elect Donald Trump was early to warn about the national security dangers posed by TikTok during his first term in office, with rhetoric and policy discussions that framed the social media app within his aggressive anti-China stance. But during the 2024 campaign, Trump seemed to … Read more
Robinhood stock could have a bright future thanks to bitcoin’s meteoric rise and the success of the company’s inaugural investor day, according to analysts. The company behind the popular retail trading platform held its first-ever investor day on Wednesday, where executives outlined a vision for its growth over the next 10 years. Following the meeting, … Read more
Jerome Powell, chairman of the US Federal Reserve, during the New York Times DealBook Summit at Jazz at Lincoln Center in New York, US, on Wednesday, Dec. 4, 2024. Yuki Iwamura | Bloomberg | Getty Images Bitcoin’s meteoric run may have gotten a little extra push from an unlikely source: Federal Reserve Chair Jerome Powell. … Read more
A novelty Bitcoin token arranged in front of the price of the cryptocurrency against the US dollar, reaching over $100,000, in Hong Kong, China, on Thursday, Dec. 5, 2024. Paul Yeung | Bloomberg | Getty Images Bitcoin‘s long-awaited push above $100,000 comes during the culmination of a year in which the leading cryptocurrency was embraced … Read more
My top 10 things to watch Thursday, Dec. 5 1. Shares of companies holding cryptocurrency and enabling trading surged as bitcoin topped $100,000 for the first time ever. MicroStrategy shares jumped 9%. Robinhood and Coinbase rose 7.5% and 5%, respectively. The rally in bitcoin, which has skyrocketed around 140% year to date, accelerated after crypto … Read more
The logo of Intel is seen during Computex 2024 in Taipei, Taiwan, June 4, 2024. I-hwa Cheng | Afp | Getty Images Intel on Thursday announced the appointment of two new directors with significant semiconductor manufacturing experience as the company ramps up the search process for ousted CEO Pat Gelsinger’s replacement. Former ASML CEO Eric … Read more
A woman passes by a logo of Organization of the Petroleum Exporting Countries (OPEC) during the United Nations climate change conference COP29, in Baku, Azerbaijan November 13, 2024. Maxim Shemetov | Reuters Oil prices rose on Thursday as OPEC+ members agreed to delay crude production increases. U.S. crude oil rose 50 cents, or 0.73%, to … Read more
American Airlines planes sit parked at LaGuardia airport on traditionally the busiest travel day, the day before the U.S. holiday of Thanksgiving, in the Queens borough of New York City, U.S., November 27, 2024. Shannon Stapleton | Reuters American Airlines has inked a long-awaited credit card deal with Citigroup, dropping its other partner, Barclays. The airline said Thursday that … Read more