Business
China on Monday rejected allegations of a spying operation targeting Nvidia CEO Jensen Huang, dismissing reports of a suspected Chinese intelligence plot as a smear campaign against Beijing. “The so-called Chinese spy narrative is purely a groundless accusation, slander, and a smear,” Chinese Foreign Ministry spokesperson Guo Jiakun told reporters…
The husband-and-wife duo behind Poppi is taking on another corner of the beverage industry, launching a new hydration brand after selling their prebiotic soda company to PepsiCo for nearly $2 billion. Allison and Stephen Ellsworth are investing $2.5 million of their own money into Jetty, a new electrolyte beverage brand…
close video Nvidia shares are lower on Monday after the company announced an internal investigation into CEO Jensen Huang’s relationship with an alleged Chinese spy. Shares of the chipmaker fell more than 4% in Monday morning trade.The internal probe followed a media report that Huang had a close relationship with…
Sports brand powerhouse Fanatics and American Express on Monday unveiled the Fanatics American Express Card, designed to reward sports fans with more of what they love and connect them across the entire Fanatics experience. Inspired by Topps trading cards, the first-of-its-kind credit card design lets fans select their favorite player…
While legacy retail chains pull back from suburban shopping centers, Bath & Body Works is staking its next chapter directly on Middle America. Rather than sinking capital into glitzy showcase flagships in Manhattan or Beverly Hills, the retailer is launching its next-generation concept overhaul in Charlotte, Columbus and Miami —…
Nvidia CEO Jensen Huang apologized Sunday for being unfaithful to his wife as the company opened an independent investigation into reports linking him to an alleged Chinese spy. “I was unfaithful to my wife. My actions hurt her and our children. There is no excuse for what I did. I…
California voters rejected a proposed one-time 5% tax on billionaire wealth, turning back a measure supporters said could raise tens of billions of dollars for health care. The tax would have applied to people who were California residents on Jan. 1, 2026, with payments spread over five years. The defeat…
Binance has named a new chief financial officer just over a week after hackers stole approximately $6.3 billion in cryptocurrency from the exchange in what is believed to be the largest digital asset theft on record. Kaiser Ng is leaving the company after more than five years to pursue a…
House Republicans are demanding answers from Nvidia CEO Jensen Huang about his reported relationship with a Chinese intelligence asset, escalating scrutiny of whether Beijing gained access to sensitive U.S. technology through the chip giant’s business ties. The request follows a New York Times report that Alice Huang, a Chinese citizen…
Long after Jeff DiLullo traded his Army uniform for a suit, a lesson from his years at West Point and in the military has stayed with him: the importance of serving “something bigger” than himself. As CEO of Philips North America, a global health technology company that makes medical equipment…
