Business news

Business news • Jul 08

Execs Confused and Horrified by the Huge AI Bills After Thinking They Could Replace Workers for Free

By now, it's clear that the only way the tech industry can justify the cost of AI is if it replaces vast swaths of the human workforce with machines that...

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Business news • Jul 08

Wow: SAS CEO Anko Van Der Werff Quits, Will Become Next Air Canada CEO

SAS CEO Anko van der Werff has accepted the role of Air Canada CEO, which is surprising on a couple of levels. What does this mean for the airline?

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Business news • Jul 08

Blue Origin, for the first time, is expected to raise private capital

The rocket company founded by Jeff Bezos, Blue Origin, is raising private capital, the DealBook newsletter reported early Wednesday.

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Business news • Jul 08

Bezos' Blue Origin valued at $130 billion in first outside fundraising round

Jeff Bezos' Blue Origin is raising $10 billion, in its first outside funding round that will value the rocket company at $130 billion, sources told CNBC's...

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Business news • Jul 08

Outcry as Meta lets users make AI images from public Instagram profile pics

Meta is facing a backlash over its new AI tool Muse Image, which can generate pictures using other people's profile pictures without telling them.

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Business news • Jul 08

Levi Strauss (LEVI) Awaits Q2 Results, Is The Stock Still Undervalued?

Levi Strauss (LEVI) is set to report Q2 2026 results and host its earnings call this afternoon at 4:00 PM US Eastern. The report will put upcoming revenue...

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Business news • Jul 08

Jeff Bezos’s Blue Origin Nears a Big Fund-Raising Round

The rocket company founded by Jeff Bezos is set to take on external investors for the first time, at a $130 billion valuation.

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Business news • Jul 08

The AI Superfans Companies Count On to Convert the Skeptics

Companies are increasingly mobilizing internal groups of AI 'champions' as a way to sell their more reluctant colleagues on the technology's benefits.

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Business news • Jul 08

Borrowers May Have Up To 12 Months To Move Student Loans To Other Repayment Plans

Some borrowers could have a full 12 months to switch their student loans out of the SAVE plan, according to new information quietly posted by a student loan...

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Business news • Jul 08

OpenAI's most advanced AI model is breaking free — and colliding with Elon Musk's latest Grok release

OpenAI's latest and most powerful AI model is finally getting a public rollout, but not without Elon Musk stealing a bit of thunder.

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Business news • Jul 08

Family behind top US egg producer reaped $320mn after price surge

The family behind top US egg producer Cal-Maine reaped $320mn from selling their controlling stake weeks after what prosecutors said was a years-long effort...

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Business news • Jul 08

10-year Treasury yield climbs to 4.57% as jumping oil prices reignite inflation fears

U.S. Treasury yields rose on Wednesday, led higher by soaring oil prices, after President Donald Trump said at the NATO summit in Turkey that he thinks the...

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Business news • Jul 08

Trump Accounts are free money. Don't let politics stop you. | Opinion

Six million families have already opened Trump Accounts for their kids. Letting politics get in the way of yours could cost your child millions.

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Business news • Jul 08

Space Force adds Relativity, Impulse Space to national security launch program

WASHINGTON — The U.S. Space Force is widening the field of companies eligible to compete for national security launch contracts, adding launch startup...

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Business news • Jul 08

Mega Millions Jackpot Crosses $600 Million—Here’s What The Winner Could Take Home

This is the first 2026 lottery prize to cross the $600 million mark, after eclipsing the $533 million Mega Millions jackpot won in March.

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Business news • Jul 08

Photos: Fiat Topolino Comes to America

The diminutive EV won't be for all streets, though.

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Business news • Jul 08

Popular pet food recalled over possible sharp metal and plastic contamination

Mars Petcare issued a Pedigree dog food recall over potential metal and plastic foreign material in two lots of canned food fraudulently diverted into the...

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Business news • Jul 08

Rivian’s stock sale triggers worst rout for the shares in nearly two years

Rivian Automotive's stock suffered its worst drop in 20 months on Tuesday, following a share offering that made investors question whether the...

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Business news • Jul 08

11% of Americans Are Currently Taking a GLP-1 Weight Loss Drug Like Wegovy

The percentage of American adults who are currently taking a GLP-1 drug for weight loss is 11%, according to a new survey from Gallup. That's up from 8% in...

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Business news • Jul 08

SpaceX stock now enters the post-honeymoon faith phase

A flood of analyst initiations on SpaceX hit the market Tuesday, 16 trading days after Elon Musk's rocket-telecom-AI-neocloud-social media company made its...

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