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Appeals court backs contempt finding against Apple, but reopens a door for iPhone app fees

8:17 PM on Thursday, December 11

A federal appeals court on Thursday backed a ruling that held Apple in civil contempt for brazenly defying an order designed to open its iPhone app store to other payment systems besides its own, but the decision also reopened a door for the company to collect commission from the rival options

China's new 'condom tax' draws skepticism and worries over health risks

8:03 PM on Thursday, December 11

China will soon start collecting a value-added tax on contraceptive drugs and products for the first time in over 30 years

Amtrak's 18,000 workers to receive $900 bonuses, funded by executive cuts

7:37 PM on Thursday, December 11

More than 18,000 Amtrak workers will receive a $900 bonus before the end of the year, according to the U.S. Department of Transportation

Senator says FAA administrator failed to sell multimillion-dollar airline stake as promised

7:03 PM on Thursday, December 11

A Democratic Senator says the head of the Federal Aviation Administration has not sold off his multimillion-dollar stake in the airline he led since 1999 despite a promise to do so as part of his ethics agreement

Lululemon CEO Calvin McDonald to step down amid languishing sales in the US

6:45 PM on Thursday, December 11

Lululemon Athletica Inc, said Thursday that its CEO Calvin McDonald is stepping down effective Jan. 31 as the athletic wear maker wrestles with a year of disappointing sales

Termination of Proposed Acquisition of Mayne Pharma

5:57 PM on Thursday, December 11

PitchBook Earns 2026 Buyer’s Choice Award from TrustRadius

5:45 PM on Thursday, December 11

Federal Reserve unanimously approves reappointment of regional bank presidents

5:33 PM on Thursday, December 11

The Federal Reserve’s governing board unanimously approved the reappointment of nearly all of the Fed’s 12 regional bank presidents, a group that has come under scrutiny by the Trump administration

Lawsuit challenges the approval of an exploratory drilling program in Alaska petroleum reserve

5:28 PM on Thursday, December 11

A new lawsuit seeks to overturn the recent approval of an exploratory drilling program in the National Petroleum Reserve-Alaska

US national park gift shops ordered to purge merchandise promoting DEI

2:34 PM on Thursday, December 11

The Trump administration is expanding its crackdown on diversity, equity and inclusion by ordering national parks to remove certain items from gift shops

Sao Paulo blackout leaves 1.3M without power, hundreds of flights canceled

2:03 PM on Thursday, December 11

More than 1.3 million of Sao Paulo residents have no electricity after strong winds caused several trees to collapse onto the metropolis’ grid the day before

Senators seek to change bill that allows military to operate just like before the DC plane crash

1:11 PM on Thursday, December 11

Senators from both parties are pushing to change a defense bill after crash investigators and victims' families warned it could undo key safety reforms

Crypto mogul Do Kwon sentenced to 15 years in prison for $40 billion stablecoin fraud

12:07 AM on Thursday, December 11

Onetime cryptocurrency mogul Do Kwon has been sentenced to 15 years in prison after a $40 billion crash revealed his crypto ecosystem to be a fraud

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