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Retail headwinds force women’s apparel giant Cato to close dozens of locations23:19 Cato Fashions parent company announced a plan to shutter over 10% of its locations as economic pressures forced the company to double down on closures. Tesla begins delivering Semi trucks to customers after years of delays22:46 Tesla Semi deliveries begin this week as PepsiCo, DHL and U.S. Foods take the stage at the Nevada plant event unveiling the electric truck s future. IRS steps up fraud fight with new app, CEO promises '100% secure' platform21:10 The IRS handled 600 million online inquiries last year as it prepares to launch a mobile app combining refund tracking and tax payment in one platform. Costco receives $184M in tariff refunds, says most will go toward lower prices20:37 Costco reinvested the majority of $184 million in tariff refunds into lower prices on produce, meat, beverages, home furnishings and hardware. Breakfast chain franchisee files for bankruptcy as rising costs, weak sales weigh19:32 The franchisee operating a Florida Village Inn restaurant has filed for Chapter 11 bankruptcy after listing more than $554,000 in liabilities. Top AI companies call for safety measures while critics warn regulation could stifle innovation16:50 OpenAI, Anthropic, and Microsoft are raising alarms about AI safety as researchers warn a self-improving superintelligence could escape control. The housing game is 'rigged': Real estate star exposes the hidden traps locking up buyers past 7% rates12:33 Ryan Serhant reveals how property taxes, homeowners insurance and hidden carrying costs create a housing "obstacle course" beyond mortgage rates. AI expert warns ‘machine-speed’ cyberthreats may require faster defenses than human-led responses11:29 AI security expert Yagub Rahimov says AI swarms are turning cyberattacks into coordinated operations too fast for human-led defenses, but still believes panic is unwarranted. Former Secret Service cybercrime expert weighs in on privacy after hackers breach stolen Flock camera8:48 Hackers stole a Flock Safety license plate camera and extracted 1.6 million images, but a former Secret Service expert says the cloud wasn t breached. Reducing the $2T federal deficit could lower inflation, interest rates for Americans: CRFB25.září Curbing the federal government s roughly $2 trillion budget deficit could lower inflation and current interest rates for households, a CRFB report finds. Lowe's partners with DoorDash, Alphabet's Wing Aviation on drone delivery service24.září The North Carolina pilot allows eligible customers to order select home improvement supplies through the DoorDash app for drone delivery in as little as 20 minutes. Banks warn AI shopping agents could increase risk of scams, fraud and data privacy breaches24.září A coalition of global banks says agentic AI tools that make purchases on behalf of consumers could expose card details and weaken payment security. CEO warns high diesel costs could trigger a 'vicious cycle' of surging food prices24.září Pivot Bio CEO Chris Abbott warns of a vicious cycle’ for American farmers during harvest season as diesel costs rise. Canadian business leader warns trade uncertainty risks 'capital chill' as USMCA talks drag on24.září Goldy Hyder, the CEO of the Business Council of Canada warns that ongoing uncertainty over the USMCA trade agreement risks creating a "capital chill" for investments. |
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