Business

A collection of 1832 posts

Business

Analysts: GTA 6 could sell 30 million at launch but may not match GTA 5

Rockstar Games revealed details about the upcoming open-world title and set the price at $80. Analysts David Cole of DFC Intelligence and Serkan Toto of Kantan Games said that price was expected; Toto added that while $100 had been considered possible, it would probably be too high. Cole called the

Business

Charlotte Tilbury Summer Sale - deals starting under $33

Charlotte Tilbury has launched its Summer Sale, with skincare and makeup bundles reduced by up to 45%. The promotion is live on the website after early access in the app, and popular items are already beginning to sell out; gift-with-purchase offers are also available. Hollywood stars regularly turn to the

Business

How JPMorgan went from 3 female CEO contenders to an all-male succession race

Less than two years ago, it seemed reasonably likely that a woman would be the next person to lead JPMorgan. On Thursday the bank named Doug Petno and Troy Rohrbaugh, co-heads of its commercial and investment bank, as co-presidents, positioning them as frontrunners to succeed Jamie Dimon. The bank said

Business

Iran peace deal isn't bringing cheaper fares, good for airline stocks

TSA flyers hoping for cheaper flights this summer may be disappointed. Oil prices — airlines' second-largest expense after labor — have tumbled to nearly $70 a barrel from highs above $100 after the US and Iran announced a preliminary agreement to end the nearly four-month war that closed the Strait of

Business

At Least 292 Laid Off at Bungie Amid Restructuring

Bungie confirmed mass layoffs as part of a company restructuring. A Worker Adjustment and Retraining Notification (WARN) filed with the state of Washington lists at least 292 employees being let go, with a separation date of July 9. Recent estimates put the studio’s headcount around 800, down from a

Business

English wine is finally coming into its own

Winemaking in England stretches back to the Middle Ages and probably to the Romans. In March, the Food Standards Agency reported that 2025’s English wine production was up 55% on the previous year, and tastings over the past 12 months suggest a marked improvement in quality. For decades English

Business

Target rolls out point-based attendance system for store and warehouse workers

Starting in September, the bullseye retailer will begin tracking unexcused lateness and absences companywide with a new point-based system for store and warehouse workers, a spokesperson confirmed. The company is also switching to a unified scheduling app for employees and managers. Under the system, workers incur a quarter of a

Business

Charlotte Tilbury Pillow Talk lipstick 30% off for Prime Day

Charlotte Tilbury’s Matte Revolution Lipstick in Pillow Talk — a go-to on red carpets — is on sale for Prime Day for the first time, marked down 30% along with several other best-sellers from the brand. Paige DeSorbo called the shade the “perfect” color on Amazon Live, saying, “[It] looks good

Business

Tech stocks see wild swings after Micron earnings, Apple price hikes

It was a volatile day on Wall Street after a short-lived tech rally soured and abruptly reversed. Micron's stellar earnings boosted the stock by nearly 20% and reignited the AI trade, lifting the Nasdaq 100 about 2% at Thursday's opening bell, but gains flipped just half

Business

Man, It’s Going To Get So Much Worse Before It Gets Better

Few memes better encapsulate the modern era’s perpetual ability to be grimly surprising than the Star Wars “For the Better, Right?” format. The memory-holing of the pandemic, the encore of evil stupidity that is Trump 2.0, and now the tech race to ride an AI bubble are fueling

Business

Ford: AI alone couldn't fix quality, so it rehired veteran engineers

Ford credits a recent quality turnaround to pairing artificial intelligence with experienced engineers. The company said it hired, promoted, or brought back about 350 seasoned technical specialists who mentor younger staff, lead design reviews, and help improve AI and automated quality tools used to catch defects before vehicles reach customers.

Business

Microsoft announces third Xbox price hike since 2025

Microsoft’s gaming division said that, starting August 1, some Xbox models will rise in price while others are phased out. It is the third price hike Xbox has implemented since May 2025. If you want an Xbox and don't already own the console, now might be the

Business

BlackBerry’s comeback: an 'uncrashable' software layer for AI

Remember BlackBerry? The phone with a physical keyboard that once topped the market and then fell after the iPhone. The company has reinvented itself, but not as a consumer handset. BlackBerry now positions itself as a provider of mission-critical software for the “physical AI” and robotics ecosystem. Its QNX operating

Business

Feds deny Polestar authorization to sell cars in US from model year 2027

The US Commerce Department declined to authorize imports of new Polestar vehicles from model year 2027 onward as part of a rule banning connected cars from automakers with Chinese links. The electric car brand’s days in the US are seriously numbered. Polestar says it will continue to sell its

Business

Fans and developers react to Bungie layoffs

Bungie is laying off most of the Destiny 2 team after the shooter MMO’s final update earlier this month. The PlayStation-owned studio said the game “fell short of expectations these past several years” and is restructuring while its next projects remain in “early incubation.” The cuts also affect some

Business

Amazon Drops LEGO Speed Champions F1 10-Pack to $189

The LEGO Speed Champions Ultimate Formula 1 Collector’s Pack bundles all 10 Speed Champions F1 cars from the 2025 season into a single Amazon-exclusive box. The set contains over 2,600 pieces and an exclusive poster, and is currently priced at $189, down from its $270 list price — about

Business

Apple raises Mac and iPad prices as RAM costs surge

Apple briefly took its online store offline and returned with higher prices: the MacBook Air now starts at $1,299 (up from $1,099); the MacBook Pro at $1,999 (up from $1,699); the MacBook Neo at $699 (up from $599); the iPad Air at $749 (up from $599)

Business

Japanese government to subsidize AI translations for anime and manga

The Japanese government is preparing a large subsidy program to encourage anime and manga companies to use AI for faster translations as part of a drive to curb piracy and boost overseas sales. Overseas revenue exceeded 6.13 trillion yen in 2024, while estimated losses from piracy climbed to 5.

Business

Meta's reckoning has arrived

Early last year, Meta’s chief technology officer Andrew Bosworth told staff bluntly: "You should quit if you feel that way," and "You should consider working elsewhere." He reinforced the company’s new posture with "You can leave," "or disagree and commit."

Business

Europe is pushing back on Washington's chip war

Dutch Trade Minister Sjoerd Sjoerdsma traveled to Washington to meet Commerce Secretary Howard Lutnick and members of Congress to oppose the MATCH Act. After the meetings he said, "It’s exceptional that I’m coming here to broadly outline our concerns to Congress," and added, "The stakes

Business

Analyst: GTA 6 code-in-a-box unlikely to dent Rockstar's sales

Rockstar confirmed the GTA 6 price ahead of pre-orders going live at midnight on June 25 (New Zealand can already pre-order). The standard edition will cost $80, while exclusive content in the Ultimate Edition will push the price to around $100 for many buyers. The game will appear on shelves

Business

Shareholder Bid Fails To Oust Kadokawa CEO

Kadokawa Corporation said activist shareholder Oasis Management failed to secure a majority vote to remove CEO Takeshi Natsuno, even though Oasis is the company’s largest shareholder with a 15.25 percent stake. Oasis had proposed Natsuno’s dismissal, calling him “markedly unsuitable to serve as a Director of the

Business

Kalshi Seeks Funding at $40B Valuation

Kalshi is in talks to raise funds at a $40 billion valuation, nearly doubling the $22 billion price set in May, the Financial Times said on Wednesday. The company could close the round as soon as the third quarter and previously closed a $1 billion Series F in May led

Business

ASA bans Adidas, Uniqlo and Calvin Klein 'recycled' ads

The UK advertising watchdog has banned Google ads from Calvin Klein, Adidas and Uniqlo that promoted clothing and shoes as 'recycled' after the advertisers were unable to prove their green claims. Each company ran paid-for Google ads: Adidas promoted 'recycled running shoes', Calvin Klein 'recycled&

Business

Kalshi seeks $40 billion valuation, widening lead over Polymarket

Kalshi is seeking to raise new capital at a valuation of about $40 billion, nearly double the $22 billion valuation from its previous funding round. The fundraising could close as soon as the third quarter and would widen Kalshi’s lead over rival Polymarket, which has been seeking funding at