Tag: Business

It’s ‘never been easier’ to become an online scammer as cybercrime markets flourish, security experts warn

"Looking back to the 1990s and early 2000s, you needed to have a reasonable level of technical competence to pull off these types...

MongoDB shares sink after company issues weak guidance

Dev Ittycheria, CEO of MongoDBAdam Jeffery | CNBCMongoDB shares sank 16% in extended trading on Wednesday after the database software maker issued disappointing...

Amazon’s cloud unit forms agentic AI group

Swami Sivasubramanian, vice president at Amazon Web Services, speaks during the World Artificial Intelligence Conference in Shanghai on Aug. 29, 2019 in Shanghai,...

Amgen starts two critical late-stage trials for weight loss drug MariTide

The Amgen logo is displayed outside Amgen headquarters in Thousand Oaks, California, on May 17, 2023.Mario Tama | Getty ImagesAmgen on Wednesday said...

NHL commissioner says league could be affected by U.S.-Canada tariffs

National Hockey League Commissioner Gary Bettman said Wednesday that the league could be affected by the current tensions between the U.S. and Canada.Bettman...

Apple unveils new MacBook Air models with $100 price cut despite tariffs

Apple's M4 MacBook Air in a marketing photograph.AppleApple on Wednesday announced new MacBook Air models that update the company's bestselling laptop with a...

Novo Nordisk offers Wegovy for less than half the price through new direct-to-consumer pharmacy

Novo Nordisk's Wegovy weight loss drug has seen a meteoric rise in popularity. Nurphoto | Getty ImagesNovo Nordisk on Wednesday said it will offer...

Abercrombie & Fitch shares fall after star retailer posts weak guidance for year ahead

Abercrombie & Fitch's growth story is starting to slow down.The apparel retailer issued weaker-than-expected guidance for its current quarter and fiscal 2025, and...

David’s Bridal taps new CEO as it looks to become media company, build online marketplace

David's Bridal has tapped a new CEO to lead the company as it looks to transform from a legacy retailer into a bridal...

U.S. Olympic committee announces $100 million grant to fund athletes into their future

USA's delegation sail in a boat along the river Seine during the opening ceremony of the Paris 2024 Olympic Games in Paris on...

Foot Locker results show the sneaker industry — and Nike — still have more pain ahead

Foot Locker store location on 34th street in New York City.Courtesy: Foot LockerFoot Locker said Wednesday it expects another year of deep discounts...

Adidas sales rise 19% in the fourth quarter, beating expectations

An Adidas flagship store at Nanjing Road Pedestrian Street in Shanghai, China.Cfoto | Future Publishing | Getty ImagesAdidas on Wednesday reported an uptick...

Judge denies Musk’s attempt to block OpenAI from becoming for-profit entity

OpenAI CEO Sam Altman speaks at a panel discussion on potentials, perspectives and challenges in the age of Artificial Intelligence (AI) at the...

Southwest Airlines closing 2 more crew bases in cost-cutting push

A Southwest Airlines aircraft at a gate at Austin-Bergstrom International Airport in Austin, Texas, Feb. 16, 2023.Jordan Vonderhaar | Bloomberg | Getty ImagesSouthwest...

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