Business news

Business news • Jul 02

Energy Dept. directs data centers to use backup generators during heat wave, freeing up power for AC

As a dangerous heat wave bakes major East Coast cities, Energy Secretary Chris Wright directed data centers in the mid-Atlantic this week to use their...

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Business news • Jul 02

Egg Producers to Pay $3.3 Million to Settle Federal Price-Fixing Lawsuit

A group of major egg producers accused of price fixing for nearly three years will pay $3.3 million as part of a proposed settlement of an antitrust lawsuit...

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Business news • Jul 02

Tesla deliveries beat forecasts as Europe's rebound brightens outlook

Tesla delivered a record 480126 vehicles in the second quarter, beating Wall Street expectations as stronger demand in Europe helped offset pressure in the...

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Business news • Jul 02

Tesla driver in crash searched self-driving 'not aggressive enough,' cops allege

A driver is accused of searching Google about Tesla's self-driving mode not being “aggressive enough” before his Model 3 crashed through a Katy home.

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Business news • Jul 02

Tesla Driver Using Autopilot in Texas Crash Is Charged With Manslaughter

A Texas man whose Tesla sedan was in an automated driver-assistance system mode when it crashed into a house last month in Katy, Texas, and killed a woman...

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Business news • Jul 02

The Rotation Trade Is Back on Wall Street

Weaker-than-expected jobs data on Thursday lifted hopes that the Fed would hold off on raising interest rates.

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Business news • Jul 02

Trading Day: Chips are down, and so are payrolls

NEW YORK, July 2 (Reuters) - Wall Street was mixed on Thursday as weakness in semiconductors weighed on the Nasdaq, while the dollar dropped after a soft...

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Business news • Jul 02

FDA upgrades popular potato chip recall to highest risk over salmonella

The FDA upgraded its recall of certain Utz Zapp's and Dirty potato chips to a Class I designation, its highest warning level, over potential salmonella...

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Business news • Jul 02

What’s the perfect American hot dog? Depends where you grew up

Hot dogs are a beloved American staple, but their preparation varies widely across the country. In New York City, hot dogs are often boiled and served with...

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Business news • Jul 02

St. Lawrence Co. surveys storm damage, crews work to restore electricity

GOUVERNEUR, New York (WWNY) - Around 2,000 National Grid customers in St. Lawrence County remained without power as of early Thursday evening.

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Business news • Jul 02

Tesla Gives Model Y a Proper Third Row With Long-Wheelbase L Model

Tesla brings over the long-wheelbase Model Y L from China, giving U.S. buyers a 6-inch-longer wheelbase than the regular Model Y.

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Business news • Jul 02

Tesla Sales Blow Away Expectations. Why the Stock Is Dropping.

Tesla reports second-quarter deliveries of 480126 vehicles, up from 384122 a year ago.

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Business news • Jul 02

JPMorgan ordered to keep paying Charlie Javice’s legal bills, topping $70M

JPMorgan Chase has been ordered to keep paying the legal bills of convicted fraudster Charlie Javice.

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Business news • Jul 02

Wall Street Bets Rallying Markets Will Absorb Every Market Blow

Wall Street is kicking off the second half of 2026 with fresh conviction: shrugging off one shock after another, markets are set to grind even higher.

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Business news • Jul 02

Jersey Mike’s IPO illustrates how bad the AI hype has become

Just for kicks, I took a look at Jersey Mike's IPO documents. Surely a sandwich shop would have no need to mention AI. But lo and behold.

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Business news • Jul 02

SpaceX Stock: A ‘Catastrophic’ Valuation

Research firm Kailash Concepts has a warning for investors about SpaceX stock.

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Business news • Jul 02

Stock market today: Dow notches fresh record, S&P 500, Nasdaq fall as Tesla sinks, semiconductors extend decline

US stocks diverged on Thursday as investors assessed a June jobs report that tempered expectations for the next move for interest rates, and sell-off in the...

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Business news • Jul 02

New Jersey Becomes Latest State to Pass Law Against Surveillance Pricing

They're falling like dominoes now. New Jersey became the latest state to pass a bipartisan law banning surveillance pricing in grocery stores on Tuesday,...

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Business news • Jul 02

Will mail run Friday? Are post offices open? What’s USPS July 4th holiday schedule?

Independence Day falls on a Saturday this year but, for many, the holiday is more of a long weekend. That isn't the case for the U.S. Post Office,...

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Business news • Jul 02

Over half of NYC residents say electric bills are shockingly high as historic heatwave scorches city: poll

Only about half of New York City voters said they can run air conditioning without financial worry amid the heat wave, while nearly the other half must...

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