The price of tin rose to a year-to-date high of US$35,575 per metric ton in April on a series of supply and demand factors from the top tin-producing countries. Despite declining in the second half…
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Competition in the artificial intelligence (AI) sector escalated dramatically in 2024, with major tech companies investing billions in a race to research and develop advanced AI technologies. This surge in investment spurred rapid advancements, fierce…
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Platinum may be rare, but it is the third most-traded precious metal in the world, behind gold and silver. The world’s platinum demand varies widely across many sectors. Most notably, platinum metal is used in…
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The silver price put on a strong performance in 2024, hitting highs not seen in over a decade. Despite some volatility, factors like increasing industrial demand, safe-haven buying from investors and weakening mining supply all…
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Federal prosecutors accused top real estate agents Tal and Oren Alexander and their brother, Alon, of drugging and raping “dozens of victims” over more than a decade. The brothers were arrested in Miami Wednesday on sex trafficking charges related to…
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The Federal Trade Commission in a new lawsuit accuses the largest U.S. distributor of wine and spirits of illegal price discrimination that gave large chains — among them Costco, Kroger and Total Wine & More — much better prices than those offered…
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Business
Kroger and Albertsons are spending billions to reward shareholders after their blocked merger
Within a day of their $25 billion merger’s falling apart in court, Kroger and Albertsons were each planning to move forward with share repurchases to boost their stock prices and reward investors. America’s two largest…
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McKinsey & Company agreed to pay $650 million in a deferred prosecution agreement that will resolve a federal criminal probe into the company’s consulting work advising Purdue Pharma on how to increase sales of its opioid painkiller OxyContin, a court filing said…
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A rocky year for restaurants separated the industry’s biggest chains into winners and losers, as eateries competed for a smaller pool of customers who have grown more discerning about how they spend their dollars. “I’ve…
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The former head of Ozy Media has been sentenced to 10 years in prison for his role in an alleged fraud involving the failed content startup. Carlos Watson was facing a maximum of 37 years…