Free returns are not a given anymore, as retailers deal with rising costs

A surge in product returns seen through the pandemic is leveling off as retailers’ generous return policies have become “harder to sustain,” a new report says.
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Why Micron is pulling out of the data-center chip business in China

The memory-chip maker reportedly hasn’t recovered from a Chinese government ban on part of its chip business in 2023.
Apple and F1 reach 5-year media deal, bringing all races to Apple TV streaming in the U.S.
Apple and Formula 1 announced their long-awaited five-year U.S. media rights deal that will bring all U.S. televised races to Apple TV
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Barstool Sports founder Dave Portnoy buys record-setting $28 million waterfront estate in Florida Keys

Barstool Sports president Dave Portnoy has reportedly purchased a new “sanctuary” in the Florida Keys for a staggering price.
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Spotify says it’s working to protect artists from AI abuse, but the streaming company’s track record is shaky

After years of fighting scams and fraud, the music-streaming company announced it is joining forces with three major music labels to develop AI products that can help artists.
Big banks like JPMorgan Chase and Goldman Sachs are already using AI to hire fewer people
Even during a blockbuster year for Wall Street as trading and investment banking spins off billions of dollars in revenue, the banks are hiring fewer people.
Most Americans are falling behind in saving for retirement. Here’s how they can make up the difference.

The savings shortfall comes as Social Security faces insolvency, people are living longer and inflation outpaces earnings gains.



