Business
Google parent company Alphabet joined a handful of rival tech giants paying dividends, announcing its first-ever planned payout during its latest quarterly results, which were driven by momentum in search and plans to be even more dominant in AI. The $0.20 cash dividend will be paid June 17 to shareholders…
The Federal Communications Commission (FCC) on Thursday voted to approve a regulation that will reinstate net neutrality rules that allow the agency to regulate broadband internet access as a telecommunications service. Net neutrality rules were first imposed during the Obama administration in 2015 but were repealed in 2017 after the…
Meta Platforms has been increasingly pursuing artificial intelligence and, according to CEO Mark Zuckerberg, generating significant revenue from it will take a while. Speaking on the first-quarter earnings call Wednesday evening, Zuckerberg said the corporate parent of Facebook, Instagram, Whatsapp and Threads would invest “significantly more” to support and help…
While the NFL draft kicks off tonight in Detroit, Michigan, some draft picks have to consider how much they’ll have to pay in taxes – depending on the state they are drafted to. Former Baltimore Ravens head coach Brian Billick previewed this year’s highly anticipated draft night, which is expected…
A Lufthansa flight from Frankfurt to Los Angeles had a “rough landing” earlier this week at Los Angeles International Airport (LAX), the airline confirmed. The Boeing 747-8 was caught on camera Tuesday by LA-based Airline Videos Live, bouncing off the runway and attempting to land again before taking off, circling…
It’s been over 20 years since the González family sold Don Julio Tequila to liquor giant Diageo – and now, the namesake’s grandson is forging his own path in the spirit industry with an emphasis on additive-free blanco tequila. Eduardo “Lalo” González, grandson of Don Julio and co-founder of Lalo…
U.S. gross domestic product (GDP) dropped faster than expected in the first quarter, but a key metric used by the Federal Reserve to measure inflation kept rising, according to the Bureau of Economic Analysis (BEA). Real GDP increased at an annual rate of 1.6% for the January-through-March period after rising 3.4% in the…
The Federal Aviation Administration (FAA) is being sued in a class action lawsuit alleging it turned away nearly 1,000 air traffic controller applicants, solely based on their race. Former Nevada Attorney General Adam Laxalt, who now serves as co-counsel for Mountain States Legal Foundation based in Colorado, is leading efforts…
A sharp-eyed Target employee at a New Jersey store spotted three women attempting to leave with nearly $600 of stolen goods, forcing the threesome to abandon ship and quickly scatter. Dramatic surveillance video captured the male Target employee springing into action after noticing that three women had gallivanted out of…
Rich Handler recently offloaded a boatload of Jefferies Financial Group stock. The investment bank on Wednesday disclosed the transaction in both a press release and Securities and Exchange Commission filing, saying its CEO had done so “to facilitate the purchase of a personal boat and to pay tax obligations.”The sale…