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Trump transfers all his DJT shares to his revocable trust, SEC filings show

President-elect Donald Trump this week transferred his entire stake of shares in Trump Media to a revocable trust of which he is the sole beneficiary, regulatory filings revealed Thursday evening….
Investing

OpenAI is done with Shipmas and staring down daunting challenges for 2025

OpenAI’s “12 Days of Shipmas,” which wrapped up on Friday, brought a sense of levity to end the year. The marketing blitz…
Investing

Starbucks union announces strike to last through Christmas Eve in 3 major cities

Love Starbucks holiday drinks? This week, you may not get them. Starbucks Workers United announced baristas will strike starting Friday in three…
Investing

Party City to close all of its stores, report says

Party City on Friday announced it will close all of its stores and has initiated corporate layoffs effective immediately, according to a CNN…
Investing

CFPB sues America’s largest banks for ‘allowing fraud to fester’ on Zelle

The Consumer Financial Protection Bureau is suing America’s three largest banks, accusing the institutions of failing to protect customers from fraud on…
Investing

How Vuori reached a $5.5 billion valuation by taking share from Lululemon

When athleisure brand Vuori launched in 2015, it was headquartered in a garage, sold only men’s shorts and couldn’t get investors to…
Investing

How Trump could spare Biden’s renewable energy credits and still cripple his landmark climate bill

The fate of President Joe Biden’s landmark climate legislation, the Inflation Reduction Act, is in the hands of the incoming Republican-controlled White House,…
Investing

Malls are using new restaurants to draw consumers as shopping centers reinvent themselves

Malls used to be the destination for the buzziest stores. Now they’re home to the hottest restaurants. The slow death of department…
Investing

Grubhub to pay $25M to settle charges that it misled diners and drivers about costs and pay

Grubhub will pay $25 million to settle charges it misled customers about the cost of their delivery and drivers about how much…
Investing

Starbucks union votes to authorize strike ahead of last scheduled bargaining session in 2024

Starbucks Workers United said Tuesday that 98% of union baristas have voted to authorize a strike as they seek a contract with the…
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