Business
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eBay Net Income Rises 51% as Secondhand Strategy and AI Tools Drive Growth
<a href="https://www.eBay.com”>eBay Inc. reported a 51% surge in second-quarter net income to $552 million and raised its full-year financial guidance,…
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Global Shipping Coalitions Protest Impending Iran-Oman Agreement to Toll Strait of Hormuz
Iran and Oman are in the final stages of bilateral negotiations to reopen the Strait of Hormuz under a framework…
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Jetstar to Become First Australasian Airline to Charge for Overhead Baggage Bins
Jetstar will begin charging passengers up to $37 to store carry-on luggage in overhead compartments starting in February 2027, making…
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Ally Financial Restructures Operations as AI Search Replaces Traditional Bank Marketing
Digital lender Ally Financial Inc. emerged as the most-mentioned bank across major artificial intelligence assistants every month from January 2025…
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Google DeepMind Executive Warns AI Extinction Risk Is ‘Not Zero’ While Rejecting Utopian Forecasts
Google DeepMind Chief AI Readiness Officer Lila Ibrahim warned that the risk of Artificial Intelligence causing human extinction is “not…
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California Ranks Last in U.S. Philanthropy Index as Regulatory Burdens Weigh on Nonprofits
California ranks as the most restrictive state in the nation for charitable giving and nonprofit activity, according to a 50-state…
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Apparel Giants Launch In-House Resale Platforms to Reclaim Secondary Market Revenues
H&M Group generated SEK 1,844 million ($194.4 million) from its resale operations in 2025, a 31% increase from the prior…
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SEC Urged to Ban Complex Derivatives Following South Korea Market Meltdown
Pressure is mounting on the U.S. Securities and Exchange Commission to prohibit high-risk structured derivative products sold to retail investors…
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Zach Dell’s Base Reaches $13 Billion Valuation in $1 Billion Funding Round
Home energy battery startup Base has raised $1 billion in a Series D funding round, propelling its valuation to $13…
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AI Fails to Win Retail Investors’ Trust for Major Wealth Decisions, Gallup Study Shows
American retail investors are increasingly incorporating generative artificial intelligence into their initial financial research, yet an overwhelming majority refuse to…
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