Business News

Congress and the Biden administration are considering what, if anything, should be done to tighten restrictions on donor-advised funds, an increasingly popular way for donors to set aside money to spend on charitable causes

Shopify’s stock is poised to potentially tumble to an all-time low on Wednesday as the Canadian company gave a disappointing second-quarter forecast that includes easing revenue growth and thinner margins

Internet casino gambling is legal in only a handful of states, but the industry is convinced it is the future of betting, even as some worry about cannibalizing physical casinos

Stocks that are trading heavily or have substantial price changes on Wednesday: Uber, Shopify fall; Lyft, Arista Networks rise

The $3 billion investment by Microsoft is expected to add 2,000 permanent jobs.

The Prada Group is expanding its production footprint in Italy, including dozens of new jobs at its knitwear factory in Umbria, leaning into “Made in Italy” as integral to the brand’s ethos

Athletic departments across the country are trying to figure out the best way to manage the name, image and likeness landscape when it comes to athletes earning endorsement money

The president will announce Microsoft’s plan to build a $3.3 billion data center, which is expected to be ready for 2026.

European Union nations have reached a tentative breakthrough deal to provide Ukraine with billions in additional funds for arms and ammunitions coming from the profits raised from frozen Russian central bank assets held in the bloc

Charges of inciting a riot will be dropped against streamer Kai Cenat after he agreed to pay restitution and apologize for luring thousands of fans to New York’s Union Square last year

Thousands of Taylor Swift fans are following her across the pond after missing out on her U.S. concert tour last year or being put off by marked-up ticket prices

Anheuser-Busch InBev reported higher-than-expected revenue in the first quarter despite lower sales in the U.S. and China

FTX, once among the largest cryptocurrency exchanges in the world, said this week that nearly all of its customers will receive the money back that they are owed, two years after its monumental collapse

Many current and former BetterHelp customers have begun receiving refund eligibility notices spanning from a $7.8 million settlement reached with the online therapy provider last year over allegations that it shared sensitive health data with advertisers

FTX says that nearly all of its customers will receive the money back that they are owed, two years after the cryptocurrency exchange imploded, and some will get more than that

With used car prices dropping, it’s crucial to know the best way to maximize your return when you part ways with your current car

President Joe Biden has laced into Donald Trump over a failed project that was supposed to bring thousands of new jobs into southeastern Wisconsin

A former top executive at Las Vegas Strip casinos will face a judge in Los Angeles and possible federal prison time after pleading guilty to violating federal anti-money laundering rules

Disney has received another key approval to expand its Southern California theme parks in its first push to make major changes to its iconic Disneyland in decades

U.S. stocks are drifting as Wall Street remains in a lull

Toyota has reported that its profit for the fiscal year that ended in March doubled over a year earlier, as strong vehicles sales and a favorable exchange rate lifted results for Japan’s top automaker

The future of the Tampa Bay Rays is about to come into clearer focus as the St. Petersburg City Council begins discussions about the team's planned $1.3 billion ballpark

President Joe Biden is pushing proposals to help families pay for child care, preschool and elder care while he's running for reelection this year

Alabama lawmakers have approved legislation to provide state tax breaks to businesses that help their employees afford childcare

People buying tickets online for concerts, sporting events and other live events in Minnesota will be guaranteed more transparency and protection under a so-called Taylor Swift bill signed into law Tuesday by Gov. Tim Walz

A record 30% of global electricity was generated from renewables in 2023, according to a report released by Ember, a think tank based in London

Parent company ByteDance claims the new law, signed in April, violates users' First Amendment rights.

Panera Bread said it’s discontinuing its Charged Sips drinks that were tied to at least two wrongful death lawsuits due to their high caffeine content

An independent review of the Federal Deposit Insurance Corp.’s workplace culture describes an environment that fostered “hostile, abusive, unprofessional, or inappropriate conduct,” and questions whether the agency’s chairman is credible to lead the ag...

No, Katy Perry and Rihanna didn’t attend the Met Gala this year

U.S. stocks held relatively steady as trading on Wall Street calmed following some sharp recent swings

Thousands of Taylor Swift fans are following her across the pond after missing out on her U.S. concert tour last year or being put off by marked-up ticket prices

The 2024 Met Gala raised more than $26 million, a record sum for the party that has become an annual gathering for mega-celebrities in fashion, film, TV, sports, music, business and more

Benchmark U.S. crude oil for June delivery fell 10 cents to $78.38 per barrel Tuesday

The tech giant continues to rely on new models of old products, analysts said.

AI fakery is quickly becoming one of the biggest problems confronting us online

Stocks that traded heavily or had substantial price changes on Tuesday: Kenvue, Crocs rise; Disney, Teradata fall

TikTok and its Chinese parent company, ByteDance, are suing the U.S. government over a law that would ban the popular video-sharing app unless it’s sold to an approved buyer

TikTok sues the US over attempts to force its Chinese parent to sell the social media platform, citing First Amendment

Apple on Tuesday unveiled its next generation of iPad Pros and Airs — lineups that will boast faster processors, new sizes and a new display system

Fifty-one percent of adults say the U.S. government should try to force a sale of the Chinese-owned app and 53% support a ban if it is not sold, according to an ABC News/Ipsos poll.

A deadline is looming for millions of businesses who may be entitled to a payout in a $5.5 billion antitrust settlement with Visa and Mastercard

More than 80% of residents in Brazil's southern city of Porto Alegre don't have running water one week after major flooding

Long before his son Lin-Manuel's Tony Award-winning musical “Hamilton” brought his family international recognition and unexpected fortune, Luis A

Instacart is partnering with Uber Eats to offer restaurant deliveries to its customers

Federal safety investigators want Tesla to tell them how it developed the fix in a recall of more than 2 million vehicles with the company’s Autopilot partially automated driving system

The Walt Disney Co. moved to a loss in its second quarter, hampered by significantly higher restructuring and impairment charges, but its adjusted profit topped Wall Street’s view and its streaming business was profitable

Struggling to give teachers meaningful raises, some school districts are adding a new perk — subsidized, on-site child care for their kids

France’s president has hosted China’s leader at a remote mountain pass in the Pyrenees for private meetings

EU countries have approved a plan worth 6 billion euros ($6.45 billion) to support Western Balkan states aimed at accelerating reforms and economic growth in the region, as they seek future membership in the bloc