Business

Dell Technologies on Thursday announced that shareholders granted their approval to the company's plan to switch its state of incorporation from Delaware to Texas.Michael Dell, founder and CEO of Dell Technologies, announced the results of the shareholder vote, which was overwhelmingly in favor of the move, in a social media post on the X platform."Today, with 97% approval, Dell shareholders voted to bring our legal home to Texas," Dell said."This […]

The next era of mobile technology will turn everyday Americans into "walking cameras" as AI-powered smart glasses monitor everything they see and hear, according to Qualcomm CEO Cristiano Amon.During an appearance on "Mornings with Maria," Amon described a future in which ultra-fast 6G networks will allow smart glasses to stream information to AI models in real time. He said the shift could reshape both the technology industry and everyday life. "6G […]

The New York City Rent Guidelines Board (RGB) voted 7-1 on Thursday to freeze the rent for rent-stabilized apartments.A summary of the rent-stabilized apartment guidelines adopted on Thursday indicates that "Together with such further adjustments as may be authorized by law, the annual adjustment for leases for apartments shall be" 0% for one-year and two-year leases starting "on or after October 1, 2026, and on or before September 30, 2027."New York City Mayor […]

Apple on Thursday announced that it raised prices on its iPad and MacBook devices because of rising memory and chip costs amid the rapid buildout of the AI industry.The tech giant excluded its primary cash cow, the iPhone, from the price hikes but will raise prices on the other devices as Apple said it couldn't afford to continue insulating consumers from the mounting cost of memory and storage chips."We have […]

California voters will decide in November whether to impose a one-time 5% tax on billionaires under a ballot measure supporters say could raise about $100 billion to help offset federal Medicaid funding cuts, despite opposition from Gov. Gavin Newsom and other state leaders.The proposal would apply to California residents whose net worth exceeded $1 billion as of Jan. 1, 2026. Under the initiative, roughly 90% of the revenue would be […]

Days after the Mamdani-DSA socialist or communist victories in New York City, there was all manner of punditry speculation about a populist revolt, the breakdown of conventional political organizations, I guess in this case the Democratic party. Economic worries about affordability and probably other factors that undoubtedly have some merit.Yet to me, and I want to be very clear about this, the single strongest animating fervor that unites this Mamdani […]

As anxiety mounts over the long-term solvency of the Social Security trust funds, a growing number of Americans are rushing to claim their benefits early out of fear that the program will run dry.However, personal finance expert Suze Orman warns that following this viral advice will lock retirees into a permanent financial penalty that cannot be undone."There’s been some chatter on social media lately about Social Security that I think […]

The race to succeed America's top banker is on.Sources inside JPMorgan Chase, the nation's top bank, say the elevation of two senior executives Doug Petno and Troy Rohrbaugh as co-presidents of the company, sets up a long-awaited horse race to succeed the voluble Jamie Dimon, its CEO for the past two-plus decades and widely regarded as the nation's top banker.As if to leave no doubt about his intentions, Dimon Thursday also announced that Marianne […]

The U.S. economy grew at a faster pace than expected in the first quarter, according to the Commerce Department's estimate.The Bureau of Economic Analysis (BEA) on Thursday released its final reading of first-quarter GDP, which showed the economy grew at an annualized rate of 2.1% in the three-month period including January, February and March. That figure was higher than the expectations of economists polled by LSEG, who had estimated 1.6% GDP growth in […]