Love your Costco dupes? Lululemon is coming after them. Lululemon has filed a lawsuit against Costco, accusing the big box store of selling knockoffs of the athleisure brand’s apparel for a fraction of the price.…
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Business
Clean energy stocks fall as Trump bill would tax components from China, phase out credits
by adminClean energy stocks fell Monday as President Donald Trump’s spending legislation now includes a tax on wind and solar projects using Chinese components and abruptly phases out key credits. Shares of NextEra Energy, the largest…
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It’s a bittersweet day for Windows users. Microsoft is scrapping its iconic “blue screen of death,” known for appearing during unexpected restarts on Windows computers. The company revealed a new black iteration in a blog…
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Home Depot said Monday that it is buying GMS, a building-products distributor, for about $4.3 billion as the retailer moves to draw more sales from contractors and other home professionals. Shares of Home Depot were…
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Business
Google makes first foray into fusion in venture with MIT spinoff Commonwealth Fusion Systems
by adminGoogle on Monday announced a partnership with Commonwealth Fusion Systems, or CFS, a private company spun off from the Massachusetts Institute of Technology, which marks the tech giant′s first commercial commitment to fusion. The company…
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Home Depot said Monday that it is buying GMS, a building-products distributor, for about $4.3 billion as the retailer moves to draw more sales from contractors and other home professionals. Shares of Home Depot were…
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Business
Apple reveals complex system of App Store fees to avoid E.U. fine of 500 million euros
by adminApple Thursday made changes to its App Store European policies, saying it believes the new rules will help the company avoid a fine of 500 million euro ($585 million) from the EU for violating the…
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Business
Women’s Tennis Association extends media rights deal with Tennis Channel through 2032
by adminThe Tennis Channel is extending its deal with the Women’s Tennis Association that will see the cable TV network and streaming service continue to broadcast more than 2,000 matches each season. While terms of the…
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Bumble shares rallied more than 26% on Wednesday after the dating app company revealed in a securities filing that it intends to slash 30% of its workforce, or about 240 roles. The layoffs will result…
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The Federal Reserve on Wednesday proposed easing a key capital rule that banks say has limited their ability to operate, drawing dissent from at least two officials who say the move could undermine important safeguards.…