Dick's Sporting Goods will stop selling assault-style weapons in its stores, effective immediately. The sports retailers also will not sell guns to anyone under the age of 21, regardless of local laws. The announcement came from Dick's CEO Ed Stack on Wednesday morning, exactly two weeks after the Parkland school shooting. He said even though the company supports the Second Amendment, they "don't want to be a part of this story."
Amazon is buying video doorbell company Ring in a deal worth $1 billion. That would make this acquisition the second largest ever in Amazon's history, right behind Whole Foods. The e-commerce giant is working on a plan that would allow people delivering Amazon packages entrance inside of an individual's home.
Get ready for "The Fresh Princess of Bel Air." TMZ reports the company that owns the rights to Will Smith's hit 90's sitcom is in advanced talks to reboot the beloved show with a woman in the lead role.
Amazon.com Inc. surpassed $2 trillion in market value for the first time in afternoon trading on Wednesday. The push higher for Amazon’s stock market valuation comes a little more than a week after Nvidia hit $3 trillion and briefly became the most valuable company on Wall Street. Nvidia’s chips are used to power many AI application and its valuation has soared as a result. Amazon has also been making big investments in AI as global interest has grown in the technology. Most of the company’s focus has been on business-focused products.
Climate change doesn’t just mean more extreme weather – it also leads to billions of dollars in lost productivity, tourism, and stresses infrastructure.
It’s an annual tradition: the Fed’s banking ‘stress test.’ A year after the regional banking crisis, there are good reasons to make sure they’re prepped.
Summer is upon us, which means weddings, trips overseas, and trips to see Taylor Swift. Avoid a “Cruel Summer” with these budget-friendly tips and tricks.
While Nvidia's meteoric rise led it to briefly dethrone Microsoft as the world's biggest public company, there's a lot more going on in this market than A.I.
The Russian company said in a statement that the Commerce Department's decision would not affect its ability to sell its cybersecurity products in the U.S.