The British economy bounced back strongly in the first three months of the year, bringing to an end to what economists termed a “technical recession”, official figures showed Friday. The Office for National Statistics said the economy grew by 0.6% in the first quarter from the previous three-month period, with… Read More

Norfolk Southern shareholders are set to vote Thursday morning on whether to support an activist investor’s bid to take over the railroad’s board and replace management. Ancora Holdings has gained significant support during the campaign from major investors like EdgePoint Investment Group, two major rail unions, and some customers. However,… Read More

Instacart, a popular grocery delivery company, has announced a new partnership with Uber Eats that will allow its customers to order food from restaurants in addition to their regular grocery purchases. This new feature will be available to Instacart users in the United States in the coming weeks through a… Read More

Warren Buffett cautioned the tens of thousands of shareholders who packed an arena for his annual meeting that artificial intelligence scams could become “the growth industry of all time.” Doubling down on his cautionary words from last year, Buffett told the throngs he recently came face to face with the… Read More

In a high-stakes antitrust lawsuit, Justice Department lawyers argued that Google’s dominance as an internet search engine is an illegal monopoly, propped up by the tech giant’s annual spending of more than $20 billion to lock out competition. Google, however, maintains that its ubiquity is a result of its excellence… Read More

Apple recently reported its steepest quarterly decline in iPhone sales since the beginning of the pandemic, with a 10% drop in year-over-year sales for the January-March period. This marks the biggest drop in iPhone sales since the July-September period in 2020, when production delays caused by factory closures during the… Read More

Universal Music Group (UMG) and TikTok have reached a new licensing agreement, ending a nearly three-month dispute that had led to the removal of music by UMG artists from the popular social media platform. The two companies announced on Thursday that they are now working together to quickly restore music… Read More

The FBI released a report on Tuesday revealing that scammers stole more than $3 billion from senior citizens in America during 2023. The report highlights the increasing sophistication of scam tactics used to trick vulnerable, older individuals into handing over their life savings to criminal gangs. According to the FBI’s… Read More