Families Sue Character.AI Over Child Safety Concerns, Demand Platform Shutdown
Character.AI, an AI chatbot platform, is facing its second lawsuit since October over alleged harm to young users. Two families have accused the platform of exposing children to sexual content and promoting self-harm and violence, urging a court to shut it down until
Relief for Home Loan Borrowers Expected in 2025: RBI Likely to Cut Rates by 50-100 bps
Home loan borrowers are set to experience much-needed relief in 2025 as experts predict interest rate cuts by the Reserve Bank of India (RBI). This shift follows signs of slowing GDP growth and easing inflation, setting the stage for reduced Equated Monthly Installments
American Eagle Shares Drop 13% Amid Weak Holiday Sales Forecast and Lowered Guidance
Shares of American Eagle fell by about 13% in after-hours trading on Wednesday following the company’s disappointing holiday sales forecast and a reduction in its full-year revenue guidance. Despite strong performance in the back-to-school season, the apparel retailer is facing shifting consumer behavior,
Trump’s Proposed Tariffs Could Spike Beer and Tequila Prices: What Consumers Need to Know
Beer and liquor are often considered recession-proof, but they’re not immune to the impact of tariffs. President-elect Donald Trump’s proposal to impose a 25% tariff on imports from Canada and Mexico could significantly impact some of America’s favorite alcoholic beverages, including the nation’s
Thyssenkrupp Shares Soar 8% After Narrowing Losses and Strategic Restructuring
Thyssenkrupp, the German industrial giant, saw its shares jump nearly 8% on Tuesday after reporting a reduced net loss and announcing a €1 billion impairment on its Steel Europe division. Key Financial Highlights: CEO Miguel Lopez highlighted that the upcoming fiscal year will
Disney’s Strong Streaming Earnings Show Path to Replacing Linear TV
Disney’s latest fiscal results offer a promising outlook for the streaming industry, showing that streaming services like Disney+, Hulu, and ESPN+ are turning into more profitable businesses. According to Disney’s CFO, Hugh Johnston, the company projects an $875 million increase in direct-to-consumer operating