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Nintendo to announce new console by March 2025, company says

Nintendo Switch records record sales Nintendo has announced plans to announce a successor to its Switch console by March 2025. The success of games like The Legend of Zelda: Kingdom of Tears has extended the Switch’s lifespan and raised expectations for the next console. Nintendo expects to sell 13.5 million Switch units this year, and […]

SEC Crypto Crackdown: Every Company That Is Being Investigated – Decrypt

It seems like almost every week these days there is a new announcement that the U.S. Securities and Exchange Commission (SEC) has pursued yet another crypto company for alleged securities violations. And the oppression shows no signs of slowing any time soon. It covers all the crypto-related actions the SEC has taken recently, including confirmed […]

Company fined $650K for employing children to clean meat processing plants

A Tennessee-based sanitation company will be fined more than $500,000 after a federal investigation found it illegally employed at least 20 children to clean hazardous meat processing facilities in Iowa and Virginia. agreed to pay. The U.S. Department of Labor announced Monday that Fayette Janitorial Services LLC entered into a consent decree agreeing to a […]

Buffett explains Berkshire’s reduced stake in Apple at annual company meeting

Making Money host Charles Payne reflects on Warren Buffett’s annual shareholder report, which praised Charlie Munger. warren buffettThe billionaire co-founder and CEO of Berkshire Hathaway spoke at the company’s annual meeting on Saturday about his decision to reduce his stake in tech giant Apple, which was and still is his largest holding. , provided some […]

Layoffs at Byron Allen’s media company will hit 12% of workforce: sources

Job cuts at Byron Allen’s media company this week will affect about 300 employees, or 12% of the company’s 2,500-strong workforce, the Post reported. The layoffs at Allen Media, which operates the Weather Channel and owns 12 cable networks and 27 ABC, CBS, Fox and NBC television stations in 21 markets, are the first in […]

Elon Musk sues Indian battery company Tesla Power for trademark infringement

Baron’s senior writer Al Root discusses Tesla’s market performance and the automaker’s strategy for electric vehicles. Tesla Inc., owned by CEO Elon Musk, filed a lawsuit in India against an Indian battery company called Tesla Power for alleged trademark infringement. Two years ago, Musk’s Tesla Inc. sent a cease-and-desist letter to Gurgaon-based Tesla Power India, […]

Amazon sales surge as company trains focus on artificial intelligence

Simpler Trading VP of Options Daniel Hsieh analyzes Amazon and Super Micro Computer ahead of their earnings report on Making Money. Amazon.com posts record first-quarter sales as AI boom fuels growth in the company’s cloud computing unit and helps the company continue to emerge from last year’s post-pandemic slump reported that it did. Sales rose […]