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Investing

Home Depot is buying GMS for about $4.3 billion as retailer chases more home pros

Home Depot said Monday that it is buying GMS, a building-products distributor, for about $4.3 billion as the retailer moves to draw…
Investing

Apple reveals complex system of App Store fees to avoid E.U. fine of 500 million euros

Apple Thursday made changes to its App Store European policies, saying it believes the new rules will help the company avoid a…
Investing

Bumble shares jump 26% as dating company plans to axe 30% of workforce

Bumble shares rallied more than 26% on Wednesday after the dating app company revealed in a securities filing that it intends to…
Investing

Divided Fed proposes rule to ease capital requirements for big Wall Street banks

The Federal Reserve on Wednesday proposed easing a key capital rule that banks say has limited their ability to operate, drawing dissent…
Investing

Women’s Tennis Association extends media rights deal with Tennis Channel through 2032

The Tennis Channel is extending its deal with the Women’s Tennis Association that will see the cable TV network and streaming service…
Investing

Small-business AI use is lagging, but one firm is channeling Sherlock Holmes and knocking out ‘grunt work’

Chris Schwegmann is getting creative with how artificial intelligence is being used in law. At Dallas-based boutique law firm Lynn Pinker Hurst…
Investing

Nvidia CEO Huang sells $15 million worth of stock, first sale of $873 million plan

Nvidia CEO Jensen Huang sold 100,000 shares of the chipmaker’s stock on Friday and Monday, according to a filing with the U.S….
Investing

How Fanatics is teaching business acumen to pro athletes

Sports merchandising giant Fanatics is aiming to build a training camp for athletes to prepare them for life off the field. More…
Investing

Apple sued by shareholders who allege it overstated AI progress

Apple was sued on Friday by shareholders in a proposed securities fraud class action that accused it of downplaying how long it…
Investing

Walmart to pay $10 million to settle lawsuit over money transfer fraud

Walmart has agreed to pay $10 million to settle a Federal Trade Commission civil lawsuit accusing the world’s largest retailer of ignoring…
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