Summary: Oak Street Health agrees to pay $60 million to settle kickback allegations involving insurance agents, with CVS Health denying any wrongdoing in the matter.
Full articleSummary: Boeing 737 MAX aircraft are assembled at the Boeing Renton Factory in Renton, Washington.
Full articleSummary: Residents in Harford County are opposing a planned Costco store in the area.
Full articleSummary: Senator Marco Rubio questioned Meta's Nick Clegg on fact-checking policies regarding content moderation, highlighting concerns about misinformation and disinformation control, especially in the context of political speech and real-world scenarios such as the origins of the pandemic and Russian disinformation.
Full articleSummary: Gamestop Corp. CEO Ryan Cohen agrees to pay almost $1 million penalty over antitrust law violation allegations related to his acquisition of shares in Wells Fargo & Co. He failed to file a required form as his share purchases exceeded a threshold, and his attempts to influence business decisions of Wells Fargo led to violation accusations.
Full articleSummary: U.S. stocks finished lower after the Federal Reserve's decision to lower its benchmark interest rate by half a percentage point.
Full articleSummary: Disney Jr. Live On Tour: Let's Play is a new production bringing beloved Disney Junior characters to life with captivating performances for families.
Full articleSummary: Microsoft Corp. President Brad Smith warned about increased foreign interference in the US election in the final two days of the presidential campaign. Foreign actors have been spreading manipulated videos and false posts to sow discord around the election, as testified by executives from major tech companies.
Full articleSummary: Sam's Club announces a new pay plan to raise base pay for employees from $15 to $16 an hour, with additional pay increases for frontline workers and opportunities for career growth.
Full articleSummary: Intuit Inc. experienced a notable decline in short interest, with insiders selling company stock and hedge funds adjusting their stakes. The company also saw positive analyst sentiments, with several upgrades and a higher dividend payout.
Full articleSummary: LinkedIn is using users' data without permission to train generative AI models, with the setting turned on by default. Users have the option to turn off this feature in their data privacy settings.
Full articleSummary: Gamestop Corp. CEO will pay nearly $1 million penalty for alleged antitrust law violation involving Wells Fargo shares.
Full articleSummary: Microsoft and BlackRock partner to launch a $30 billion fund aimed at developing AI infrastructure like data centers and energy projects.
Full articleSummary: Starbucks introduces new fall-themed drinks like Pecan Crunch Oatmilk Latte, along with Starbucks Rewards offers for September.
Full articleSummary: NextEra Energy Inc. (NYSE:NEE) is positioned as a top defensive stock to invest in, focusing on clean energy generation and distribution, with favorable factors such as growing demand for clean energy and investments in modern infrastructure. Despite its potential, AI stocks are seen as holding greater promise for higher returns within a shorter timeframe.
Full articleSummary: JPMorgan Chase appoints Ryland McClendon to oversee junior bankers and analysts to address issue of overworking on Wall Street.
Full articleSummary: U.S. Bancorp decreases its prime lending rate from 8.50% to 8.00% at all U.S. Bank locations, effective September 19, 2024.
Full articleSummary: AI startup Runway partners with Lionsgate to create a new video generation model leveraging the studio's film and TV show portfolio, potentially reducing production costs. California Governor Newsom is considering legislation that could make AI developers liable for harms caused by their products.
Full articleSummary: Bank of America Corporation and Banc of America Preferred Funding Corporation filed a Schedule 13D amendment regarding their beneficial ownership of Series A MuniFund Preferred Shares of Nuveen Enhanced High Yield Municipal Bond Fund.
Full articleSummary: Demand for iPhone 16 is lower than expected due to delayed availability of Apple Intelligence, leading to slower sales and below-expectation orders. Analysts predict an improvement in the U.S. market but below last year's levels. Chinese competition poses a challenge for Apple.
Full articleSummary: DOW Chemical major adjusts guidance lower / Consolidations in Europe on the table
Full articleSummary: L3Harris is planning to acquire Aerojet Rocketdyne, which could have significant implications for the aerospace and defense industry.
Full articleSummary: U.S. Bancorp has decreased its prime lending rate from 8.50 percent to 8.00 percent, effective tomorrow.
Full articleSummary: HTC announces the Vive Focus Vision, a new VR headset with advanced features and capabilities, positioning itself as an "everything headset" for gaming and productivity. Despite a price tag of $1,000, it offers high-resolution display, eye tracking, automatic IPD adjustment, and hot-swappable battery.
Full articleSummary: PayPal has unveiled a new bold brand identity after twenty-five years, featuring a clean and sophisticated design with a timeless appeal.
Full articleSummary: Meta and EssilorLuxottica have extended their partnership to develop smart eyewear products. This collaboration aims to turn glasses into a major technology platform.
Full articleSummary: Chipmaker NVIDIA continues to dominate AI space with significant stock price surge and increased price target by analysts, while Intel Corporation forms key AI partnership with Amazon under a multi-year, multi-billion-dollar framework.
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