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Arizona city unanimously rejects AI data center after residents' outcry21:58 The Chandler, Arizona, city council unanimously voted against clearing the way to allow for construction of an artificial intelligence data center Trump says he has brought down mortgage payments by nearly $3,000 a year19:49 President Donald Trump highlighted savings on mortgage payments at a Pennsylvania rally, citing data showing annual decreases compared to increases under the Biden administration. Lululemon CEO Calvin McDonald to step down19:18 Lululemon CEO Calvin McDonald will step down in the first quarter of 2026 as the athleisure clothing brand faces significant competition challenges. Cannabis stocks surge on report Trump seeks to ease restrictions17:10 President Donald Trump is expected to push for marijuana reclassification from Schedule I to Schedule III status, sending cannabis stocks soaring. Bill Gates says Trump admin foreign aid cuts causing 'lots of deaths'16:06 Microsoft co-founder Bill Gates, a wealthy philanthropist, indicated that United States foreign aid reductions have caused many deaths. Instacart’s AI pricing experiment drives up costs for some shoppers, study says15:28 Instacart s AI-pricing experiments can charge customers up to 23% more for identical products, potentially costing families $1,200 extra annually through hidden markups. Sherrone Moore may be out millions in Michigan contract money after firing, arrest14:56 Sherrone Moore is likely to miss out on nearly $17 million after being fired for cause by the University of Michigan, which determined he had an "inappropriate relationship" with a staffer. Powell says rate cuts won't make 'much of a difference' for struggling housing sector14:56 Federal Reserve Chairman Jerome Powell warned that housing market struggles will persist despite rate cuts, citing low inventory and affordability challenges for buyers. ‘This place will win’: Business leaders say West Palm Beach is becoming America’s next big boomtown12:15 West Palm Beach has evolved from its retirement haven days, as tech firms, financial giants and entrepreneurs flock to one of the country s most sought-after business destinations. Sanders accuses Trump of ‘authoritarianism’ in Warner Bros. battle10:07 Bernie Sanders slams Trump for authoritarianism over Warner Bros. takeover involving son-in-law Jared Kushner in media consolidation battle. 51 babies across 19 states fall ill from botulism linked to ByHeart baby formula7:26 Growing botulism outbreak linked to ByHeart baby formula hospitalizes 51 infants across 19 states. The FDA said all products have been recalled after the contamination. Southwest CEO calls airport lounges 'huge' benefit for customers as carrier explores expansion: report3:44 Southwest Airlines CEO Bob Jordan reportedly said the carrier is pursuing its own airport lounge network as part of an effort to compete for premium travelers. Disney CEO defends massive AI deal, says creators won't be threatened3:13 Disney CEO Bob Iger told CNBC that the partnership with OpenAI values creativity and keeps creators safe from replacement while giving fans new opportunities for creativity. Costco shatters records with massive pizza and pie sales during holiday season2:41 Costco smashes holiday sales records with 358,000 whole pizzas sold on Halloween and $250M in Black Friday online orders, driving stronger-than-expected Q1 earnings. Cinnamon powder recalled across 14 states over potential 'elevated levels of lead'1:37 Lucky Foods cinnamon powder recalled in 14 states due to potentially dangerous levels of lead contamination. FDA warns of possible serious health risks. |