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Categories Economy

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

July 1, 2025

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

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Categories Economy

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

June 30, 2025

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

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Categories Economy

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

June 27, 2025

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

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Categories Economy

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

June 27, 2025

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

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Categories Economy

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

June 26, 2025

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

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Categories Economy

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

June 26, 2025

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.

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Categories Economy

How Fanatics is teaching business acumen to pro athletes

June 25, 2025

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

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Categories Economy

Apple sued by shareholders who allege it overstated AI progress

June 24, 2025

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

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Categories Economy

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

June 24, 2025

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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Categories Economy

Tesla agrees to first deal to build China’s largest grid-scale battery power plant

June 21, 2025

Tesla has inked its first deal to build a grid-scale battery power plant in China amid a strained trading relationship between Beijing

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