A federal jury in Arizona has ruled that a major rideshare company must pay $8.5 million to a woman who said she was raped by one of its drivers. The decision, which came after the plaintiff’s 2023 lawsuit, underscores the company’s responsibility as the driver acted as an “apparent agent” during the incident. The jury did […]
AI startup Anthropic is putting the finishing touches on a funding round that could bring in more than $20 billion. Bloomberg News said the deal is expected to close as soon as next week, after a flurry of investor interest. Initially, the company aimed to raise $10 billion, but the buzz in the market has pushed that […]
The U.S. Food and Drug Administration announced this week that it will tighten its oversight of GLP‑1 ingredients found in non‑approved compounded medications. These drugs have been marketed by certain compounding pharmacies and an online telehealth company as alternatives to officially approved treatments, raising concerns about quality, safety and possible violations of federal law. Alongside […]
President Donald Trump recently signed an executive order that gives his administration the authority to impose tariffs on goods from any country that does business with Iran. The measure, issued on Friday, does not yet come with a concrete duty – it simply lays out the framework for how and when the tariffs could be […]
In a move that signals a fresh chapter in U.S.–India trade relations, the President has eliminated the extra 25 % tariff that was imposed on Indian goods because of the country’s purchase of Russian oil. The decision, announced through an executive order, is the first concrete step in honoring a trade deal the two nations announced […]
On Friday, the stock for Once Upon a Farm jumped nearly 17% as the company made its first appearance on the New York Stock Exchange, adding to a week of brisk IPO activity on Wall Street. Known for its lineup of refrigerated pouches, oat bars, protein bars, puffs, and melts, the premium kids’ food brand focuses […]
A federal judge has cleared the way for a major online real estate platform’s policy that bars certain home listings from appearing on its site. The decision gives the platform a preliminary win in a lawsuit filed by a large brokerage that depends on those restricted listings. The policy targets homes that were previously shown […]
Despite a bit of market pressure, the buy‑now, pay‑later platform affirmed a strong Q2 performance, beating earnings estimates and showing a 36% year‑over‑year surge in merchant volume. The company also reported that its active consumer base grew by 23%, and it crossed the 26‑million mark, marking the first time it has surpassed a billion dollars […]
It was an exciting day when Once Upon a Farm finally opened its doors on the New York Stock Exchange, debuting under the ticker O F R M. The company, co‑founded by Jennifer Garner and CEO John Foraker, celebrated its first trading session alongside a lively crowd of investors and industry insiders. Garner and Foraker, who joined forces […]
After a sharp pullback in technology and software shares, the broader U.S. market is showing signs of recovery. The Dow Jones Industrial Average has broken the 50,000‑point mark, and the S&P 500 is flirting with record highs for the first time since May of last year. While tech stocks have taken the biggest hit, other […]
