Day: September 25, 2024
American Eagle sues Amazon over alleged ‘knock-offs’ of Aerie products
A shopper walks by an American Eagle store on November 21, 2023 in Glendale, California. Justin Sullivan | Getty Images American Eagle Outfitters is suing Amazon for trademark infringement, alleging the e-commerce giant used branding from its Aerie clothing line in search results, leading consumers to “inferior quality knock-offs.” In a lawsuit filed Wednesday, American […]
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Fearful of the ‘middle-income trap,’ Indonesia pushes for major policy reform
This photo shows a general view of a traffic jam on a main roads leading into the city center of Jakarta on May 8, 2024 as thin haze of pollution sits over the city’s skyline. Bay Ismoyo | Afp | Getty Images Indonesia’s rise as an emerging economy is the latest of Asia’s success stories. […]
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Dow futures are little changed after index breaks four-day winning run: Live updates
Traders work on the floor of the New York Stock Exchange. NYSE Futures tied to the Dow Jones Industrial Average were little changed on Wednesday night after the index broke a four-day win streak. Dow futures fell by 28 points, or 0.7%. S&P 500 futures were unchanged. Nasdaq 100 futures climbed 0.21%, boosted higher by […]
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Trump says Zelenskyy insulted him; House GOP to probe Ukraine leader’s PA trip
Ukraine’s President Volodymyr Zelenskyy visits the Scranton Army Ammunition Plant in Scranton, Pennsylvania, U.S., September 22, 2024. Ukrainian Presidential Press Service | Reuters House Oversight Chair James Comer is opening an investigation into Ukrainian President Volodymyr Zelenskyy’s Sunday visit to an ammunition factory in Scranton, Pennsylvania. Comer claims that the trip was organized to campaign […]
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Stocks making the biggest moves after hours: Micron Technology, H.B. Fuller and more
Check out the companies making headlines after the bell : Micron Technology — The semiconductor manufacturer soared 13% after issuing strong guidance for the current quarter. The company sees fiscal first-quarter adjusted earnings coming in at roughly $1.74 per share and revenue of around $8.70 billion. Analysts polled by LSEG called for earnings per share […]
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Promises of ‘passive income’ on Amazon led to death threats for negative online review, FTC says
Packages move along a conveyor belt at an Amazon Fulfillment center on Cyber Monday in Robbinsville, New Jersey, on Nov. 28, 2022. Stephanie Keith | Bloomberg | Getty Images Jamaal Sanford received a disturbing email in May of last year. The message, whose sender claimed to be part of a “Russian shadow team,” contained Sanford’s […]
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OpenAI CTO Mira Murati announces she’s leaving the company
Mira Murati, chief technology officer of OpenAI, during an interview on “The Circuit with Emily Chang” in San Francisco on April 4, 2023. Philip Pacheco | Bloomberg | Getty Images OpenAI Chief Technology Officer Mira Murati said Wednesday that she is leaving the company after six and a half years. “After much reflection, I have […]
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Nikki Haley campaigners endorse Harris as GOP former governor backs Trump
Former U.N. Ambassador Nikki Haley announced that she would vote for former President Donald Trump during an event at the Hudson Institute in Washington, D.C., on May 22, 2024. Chip Somodevilla | Getty Images Several former state campaign committee members on Nikki Haley’s failed presidential bid have endorsed Democratic nominee Kamala Harris, publicly breaking with […]
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FTC cracks down on DoNot Pay, others for ‘deceptive AI claims and schemes’
FTC Chairwoman Lina Khan testifies during the House Appropriations Subcommittee on Financial Services and General Government hearing titled “Fiscal Year 2025 Request for the Federal Trade Commission,” in Rayburn Building on Wednesday, May 15, 2024. Tom Williams | Cq-roll Call, Inc. | Getty Images The Federal Trade Commission on Wednesday announced a crackdown on what […]
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Investor Paul Viera doubles his San Antonio Spurs stake in a steep discount deal
The San Antonio Spurs logo is seen before the game against the Golden State Warriors in Game Three of Round One of the 2018 NBA Playoffs on April 19, 2018 at the AT&T Center in San Antonio, Texas. Noah Graham | National Basketball Association | Getty Images Businessman Paul Viera is increasing his stake in […]
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