Broadcom says it will sell $12 billion in AI parts and custom chips this year
Broadcom CEO Hock Tan said in a statement that the company expects to record $12 billion in sales from AI parts and custom chips in fiscal 2024.
Red Lobster cleared to exit Chapter 11 bankruptcy protection
A group of investors under the name RL Investor Holdings will acquire Red Lobster by the end of the month.
Hunter Biden pleads guilty in tax case, hours after jury selection for trial was to begin
Hunter Biden, the son of U.S. President Joe Biden, was convicted in June of crimes related to buying a handgun while using crack cocaine.
Trump election interference case resumes in D.C. after yearlong delay over immunity fight
Donald Trump, the Republican presidential nominee, is charged with illegally trying to undo his loss to Joe Biden in the 2020 election.
Snap sued by New Mexico over ‘sextortion’ of kids by predators
New Mexico Attorney General Raúl Torrez previously sued Facebook operator Meta in a similar case alleging the platform enabled child sexual exploitation.
Mark Cuban says Harris won’t tax unrealized capital gains: ‘Not going to happen’
Mark Cuban’s remarks came days before Democratic presidential nominee Kamala Harris is set to debate Republican Donald Trump.
NFL team sales are likely to stall as valuations soar
The Seattle Seahawks will likely sell in the coming years, but rising valuations and modernized estate planning may slow down other full NFL team sales.
Abbott launches its first over-the-counter continuous glucose monitor in the U.S.
Abbott Laboratories announced Lingo, its first over-the-counter continuous glucose monitor, is available in the U.S.
If GPS goes dark, Mesa Quantum has a backup plan
J2 Ventures and SOSV invested in Mesa Quantum, a startup working on GPS alternatives.
August private payrolls rose by 99,000, smallest gain since 2021 and far below estimates, ADP says
The total was less than the downwardly revised 111,000 in July and below the Dow Jones consensus forecast for 140,000.
