Month: April 2025
Drone delivery startup Zipline expands to Texas with Walmart partnership
A drone operator loads a Walmart package into Zipline’s P1 fixed-wing drone for delivery to a customer home in Pea Ridge, Arkansas, on March 30, 2023. Bunee Tomlinson Zipline, a startup that delivers everything from vaccines to ice cream via electric autonomous drones, expanded its service to the Dallas area on Tuesday through a partnership […]
Read More
‘Minecraft’ box office jolt offers hope for the summer slate
Jack Black, Jason Momoa, and Sebastian Hansen as seen in Warner Bros. and Legendary Entertainment’s “A Minecraft Movie.” Warner Bros. Warner Bros.’ struck gold over the weekend. “A Minecraft Movie,” the studio’s co-production with Legendary Entertainment, snapped up $163 million at the domestic box office during its debut. The movie not only set a record […]
Read More
Trump tariffs push major U.S. trade partners closer to China: Live updates
Citadel’s Ken Griffin: Trump tariffs are a ‘huge policy mistake’ Ken Griffin, Founder and CEO, Citadel speaks at the Milken Conference 2024 Global Conference Sessions at The Beverly Hilton in Beverly Hills, California, U.S., May 6, 2024. David Swanson | Reuters Founder and CEO of Citadel Ken Griffin is taking aim at Trump’s tariffs, calling […]
Read More
Alibaba’s Joe Tsai on investing in sports, the future of AI and the Chinese economy
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Alibaba Group Chairman, Joe Tsai joins CNBC’s David Faber on stage to discuss the strategy behind the company’s wide-ranging portfolio at the Converge Live event in Singapore. Source
Read More
Crypto firm Ripple to buy primer broker Hidden Road for $1.25 billion
Key Points Crypto startup Ripple has agreed to buy prime brokerage firm Hidden Road for $1.25 billion the company’s biggest acquisition to date. It marks one of the largest deals in the digital asset space to date, topping Stripe’s $1.1 billion deal to buy stablecoin payments platform Bridge. Hidden Road plans to use Ripple’s RLUSD […]
Read More
Stocks making the biggest moves premarket: Levi Strauss, UnitedHealth, Marvell, Broadcom and more
Check out the companies making headlines before the bell. Levi Strauss — The jeans maker surged 11% after the company reiterated its full year outlook. However, Levi noted that that it excludes any impact from the White House’s tariffs. The company also posted first-quarter adjusted earnings of 38 cents per share, which was 52% higher […]
Read More
Walgreens tops estimates as drugstore chain cuts costs, prepares to go private
A sign for US drugstore chain Walgreens is displayed outside its store in New York City on March 7, 2025. Angela Weiss | AFP | Getty Images Walgreens on Tuesday reported fiscal second-quarter earnings and revenue that topped expectations, as the retail drugstore giant benefits from cost cuts and prepares to go private. The company […]
Read More
Fake job seekers are flooding U.S. companies that are hiring for remote positions, tech CEOs say
An image provided by Pindrop Security shows a fake job candidate the company dubbed “Ivan X,” a scammer using deepfake AI technology to mask his face, according to Pindrop CEO Vijay Balasubramaniyan. Courtesy: Pindrop Security When voice authentication startup Pindrop Security posted a recent job opening, one candidate stood out from hundreds of others. The […]
Read More
Walmart is facing tariffs and recession fears. It may have a secret weapon to keep growing
Shoppers at the Walmart Supercenter in Burbank during Walmart’s multi-week Annual Deals Shopping Event in Burbank Thursday, Nov. 21, 2024. Allen J. Schaben | Los Angeles Times | Getty Images As tariffs roil the U.S. economy, Walmart may find safety in a new part of its business that’s driving more store traffic and online sales: […]
Read More
Vietnam has been a big beneficiary of global trade — Trump’s new tariffs threaten to derail that
Boats in the harbor of Mui Ne, Vietnam, on March 8, 2023. Alexandra Schuler | Picture Alliance | Getty Images Vietnam has long been viewed as a successful example of embracing external trade, luring some of the largest companies in the world to establish hubs to manufacture everything from footwear to electronic products that grace […]
Read More