Business

Uber CEO Dara Khosrowshahi addressed angered staffers about the company's move to increase return-to-office requirements next month. Starting in June, the rideshare company said, it will require employees to come into the office three days per week, up from two. Some employees who were previously approved for remote work are also required to come into the office. 2025'S TOP REMOTE WORK COMPANIES REVEALED WITH SOME PAYING OVER $100,000Additionally, employees must be working […]

Google on Wednesday announced that it will help support Elementl Power with an investment into the power producer’s development of three advanced nuclear sites. Google will "provide early-stage capital to help Elementl Power prepare three potential sites in the U.S. for advanced nuclear projects," it said in a blog post.The tech giant will get the "option for commercial off-take" from the three advanced nuclear projects after Elementl has constructed and begun […]

The Federal Reserve is keeping rates steady at its targeted range of 4% to 4.25% and is waiting to see how President Donald Trump's administration's tariffs will impact the economy.For now, Federal Reserve Chair Jerome Powell said that the central bank is in the right place to monitor the impact tariffs will have on the economy before making a decision on further interest rate cuts. For now, the mandate remains […]

A federal appeals court on Wednesday rejected a legal challenge by the Federal Trade Commission to Microsoft's $69 billion purchase of "Call of Duty" maker Activision Blizzard.The San Francisco-based 9th U.S. Circuit Court of Appeals upheld a lower judge's order that said the FTC was not entitled to a preliminary injunction blocking the deal, which closed in 2023.A three-judge panel unanimously ruled that the lower judge had applied the correct […]

Treasury Secretary Scott Bessent on Wednesday offered insights into how the Trump administration plans to approach the regulation of the digital asset industry during a congressional hearing.Bessent testified before the House Financial Services Committee about the international financial system and said the administration wants the digital assets industry to come to the U.S. and play a global leadership role in the sector."We believe that the United States should be the premier destination […]

Crafts retailer Joann is offering hefty discounts on its products ahead of its stores shutting their doors for good by the end of the month. The company’s website said its "going out of business" sales at its stores offered 50-80% off, though "limited exclusions apply" and the discounts "may vary" by location.For instance, customers can get 50% discounts on thread and yarn, according to the Joann website. Sales on home decor […]

The happiest place on Earth is facing growing criticism for becoming one of the most expensive.A Florida father is speaking out after a one-day visit to Orlando's Walt Disney World with his wife and three children cost nearly $1,400 — a price he says may not be worth it."It started with the ticket purchase, and then it ran right into the parking, and then it just was like a cash […]

The Federal Reserve on Wednesday announced that it will leave its benchmark interest rate unchanged as policymakers continue to monitor inflation and the labor market amid elevated levels of economic uncertainty.The central bank's decision leaves the benchmark federal funds rate at a range of 4.25% to 4.5%.It comes after the Fed left rates at that level at its two previous meetings in January and March, which followed three consecutive rate […]

Disney plans to add a new theme park to its portfolio, with the entertainment giant revealing Wednesday that it intends to open one in the United Arab Emirates (UAE) in the coming years.Disney’s new theme park will be constructed on Yas Island in Abu Dhabi, the capital city of the UAE, according to the company. The theme park in Abu Dhabi "will offer signature Disney entertainment, accommodations, unique dining and retail […]