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PayPal partner accidentally mints $300T in stablecoins in huge ‘technical error’
Paxos, PayPal’s blockchain partner, accidentally minted $300 trillion worth of stablecoins Wednesday in what it called a “technical…
Nestlé slashing 16K jobs in massive restructuring after CEO turmoil
Nestle will cut 16,000 jobs, new CEO Philipp Navratil said Thursday, as the world’s largest packaged food company seeks…
Trump says CBS under David Ellison will be ‘fairer’ but it won’t ‘become like Fox’
President Donald Trump said he expects CBS News to be “fairer” under billionaire David Ellison’s ownership and with…
IKEA hikes some prices as Trump’s furniture tariffs take effect
IKEA has been forced to hike prices on some big-ticket items as companies start to pass along President…
Goldman’s No. 2 exec urges end to US shutdown
Goldman Sachs’ No. 2 executive is urging bickering lawmakers to end the government shutdown — warning that it…
Nissan recalls 173K US vehicles over fuel pump issue that could stall engine
Nissan is recalling more than 173,000 US vehicles over an issue with the fuel pump that can cause…
Bank of America accused of helping Jeffrey Epstein’s sex trafficking operation: lawsuit
A woman who says Jeffrey Epstein sexually abused her at least 100 times is suing Bank of America…
Smucker sues Trader Joes over ‘crustless’ PB&J sandwiches which resemble iconic Uncrustables
The J.M. Smucker Co. is suing Trader Joe’s, alleging the grocery chain’s new frozen peanut butter and jelly…
Stellantis recalls 298K Dodge vehicles in US over rollaway risk
Stellantis is recalling more than 298,000 Dodge vehicles in the US over a glitch in the park function…
Jeep, Ram owner Stellantis unveils $13B investment in US manufacturing as Trump pushes reshoring agenda
Stellantis, one of the Big Three automakers in Detroit, said Wednesday it will invest $13 billion in domestic…