Rite Aid files for second bankruptcy in two years
U.S. pharmacy chain Rite Aid on Monday filed for bankruptcy protection for the second time in as many years, according to a court filing. Pharmacy chains, such as Rite Aid,…
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Amazon’s Zoox robotaxi unit issues software recall after recent Las Vegas crash
Amazon’s Zoox issued a software recall for 270 of its robotaxis after a crash in Las Vegas last month, the company said Tuesday. The recall surrounds a defect with the vehicle’s automated…
Judge allows lawsuit over Burger King’s Whopper ads to move forward
A federal judge ruled on Monday that a class action lawsuit alleging that Burger King falsely advertised the size of its signature cheeseburger can move forward. U.S. District Judge Roy…
AMD CEO calls China a ‘large opportunity’ and warns against strict U.S. chip controls
Advanced Micro Devices CEO Lisa Su said China is a “large opportunity” market for the semiconductor and artificial intelligence industry even as export controls and evolving tariff plans loom over the world’s second-largest economy. “There…
NBA star Russell Westbrook launches AI-enabled funeral planning startup
National Basketball Association superstar Russell Westbrook is taking a shot off the court at simplifying funeral planning with artificial intelligence. The famed Denver Nuggets point guard on Wednesday announced the…
Nvidia says Anthropic is telling ‘tall tale’ in its defense of U.S. AI chip restrictions on China
Nvidia blasted Anthropic Thursday in a rare public clash over artificial intelligence policy with U.S. chip export restrictions set to take effect. “American firms should focus on innovation and rise to the challenge, rather than tell tall…
Data center boom in world’s largest market isn’t slowing down, Dominion Energy says
Data center demand is not slowing down in the world’s largest market centered in northern Virginia, executives at Dominion Energy said Thursday. Dominion provides electricity in Loudoun County, nicknamed “Data Center Alley” because…
Tesla denies report it’s looking to replace Elon Musk
Shares of Tesla were flat in premarket trading Thursday after the EV maker denied a Wall Street Journal report that its board was searching for a replacement for chief executive Elon Musk.…
Jeff Bezos discloses plan to sell up to $4.8 billion in Amazon stock
Amazon founder Jeff Bezos plans to sell up to 25 million shares in the company over the next year, according to a financial filing on Friday. Bezos, who stepped down as CEO in 2021…
Netflix stock is trading at all-time high levels in unprecedented win streak
Netflix is on a winning streak. The streaming giant’s stock has traded for 11 straight days without a decline, the company’s longest positive run ever. Its previous record was a nine-day…