Business news

Business news • Jul 13

Grocery chains are slashing prices. Will Oregon shoppers actually save money?

Some of the country's largest grocery retailers are rolling out discounts to attract more shoppers.

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Business news • Jul 13

How Apple’s Lawsuit Threatens to Disrupt OpenAI’s Bid to Rival the iPhone

Apple Inc.'s lawsuit accusing OpenAI of systematically stealing its intellectual property threatens to disrupt the AI company's device ambitions long before...

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Business news • Jul 13

Uber’s robotaxi lobbying effort puts it on a collision course with Waymo

A proposed bill that would allow autonomous vehicles to operate in Washington, D.C. has become a test case for Uber's broader robotaxi strategy.

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Business news • Jul 13

Markets Face Inflation, Oil, Fed Volatility This Week—Earnings Are Make or Break

Bank earnings set to reflect Wall Street's boom, SK Hynix stock tumbles, tariff inflation is waning, and more news to start your day.

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Business news • Jul 13

Big banks poised to report booming revenue propelled by SpaceX IPO, Iran war volatility

Big banks are set to report booming Q2 revenue as the SpaceX IPO, Iran war volatility and a rebound in commercial lending fuel Wall Street's "sweet spot."

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Business news • Jul 13

Live updates: Bitcoin slips below $63,000 in an Asian-session leverage flush

The liquidations were minor, running at about a sixth of what the market saw at its worst over the past 30 days, per CoinGlass.

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Business news • Jul 13

Trump invested crypto gains in stocks and bonds, filings show

Trump's financial disclosures show that even as he and his two eldest sons were encouraging investors to plow their money into crypto projects — which...

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Business news • Jul 13

World’s largest berry company accused of ‘greenwashing’ strawberries

California-based berry company Driscoll's has been hit by back-to-back lawsuits alleging toxic chemicals have been found in its strawberries.

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Business news • Jul 13

Olive Garden Is Bringing Back Its $100 Unlimited Pasta Pass—And It’s Still An Absurdly Good Deal

Olive Garden's annual Never-Ending Pasta Bowl returns in August. And for the first time in six years, it's bringing back the iconic $100 unlimited Pasta...

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Business news • Jul 13

America's schools are producing a generation of techno-peasants

Take a look at declining test scores and chronic absenteeism. They help explain why millions of jobs go unfilled.

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Business news • Jul 13

New York City to ban deceptive subscription practices and force companies to offer easy cancellation

The long-running effort to introduce the click-to-cancel policy will end this October – for those living in New York City. Consumers will no longer be...

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Business news • Jul 13

China’s Oil Imports May Be Set to Recover as Stockpiling Returns

China's crude imports look poised to recover from a months-long slump as the country relaxes fuel export curbs, raises run rates and snaps up prompt Middle...

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Business news • Jul 13

Mass General Brigham battle pits $400K top nurse pay against $8.4M CEO

It's the battle over big salaries at Mass General Brigham, with both sides in the state's largest-ever nurses' strike accuse each other of being out of...

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Business news • Jul 13

Over 2/3 of Americans Support Bernie Sanders-Style AI Stock Ownership Plan, Poll Shows

Vermont Senator Bernie Sanders' particular flavor of AI populism is more reverent at awed about the tech itself—and maybe a little more credulous—than many...

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Business news • Jul 13

A new deal on balcony solar just dropped in the US

Do you live in the U.S. and want balcony solar? A new initiative could help you get a deal on one of these small but mighty systems that plug into a...

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Business news • Jul 13

The architect of Trump Accounts says the president hopes to auto-create accounts for kids

Investor Brad Gerstner said Trump wants up to 70 million children auto-enrolled in the investment accounts "to make sure no child is left behind."

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Business news • Jul 13

Dimon pressed over whether he lobbied UK government on Epstein’s advice

Democratic Senator Elizabeth Warren has called on JPMorgan Chase boss Jamie Dimon to say whether he lobbied the UK government against a tax on bankers'...

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Business news • Jul 13

‘Trump accounts’ and how to spread America’s wealth

The wealth gap is a big political issue for Americans. According to a Gallup poll held in March, half of the country worries “a great deal” about how income...

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Business news • Jul 13

Trump Goons Set Sights on New Enemy to Investigate

Shawn Fain labeled the allegations “bogus.”

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Business news • Jul 13

Stock futures slip after U.S., Iran exchange airstrikes again; Kospi plunges 7%: Live updates

Stock futures fell slightly on Sunday night as traders weighed the latest events in the Middle East and braced for a slew of corporate earnings reports due...

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