Business news

Business news • Aug 07

AI Is Changing Cybersecurity In A Quick And Terrifying Way

The proliferation of AI has created new vulnerabilities in our software that in turn are exploited by other AI. Can the cybersecurity industry get ahead of...

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Business news • Aug 07

Sweetgreen falls 8% as latest victim of cyclospora fears, removes jalapeños over second outbreak

Sweetgreen shares fell 10% Friday after the “slop bowl” chain said diners are avoiding its salads over fears of a cyclospora outbreak and removed jalapeño...

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Business news • Aug 07

Senate Delays Clarity Act Vote. Crypto’s Priority Is Now a Hail Mary.

The crypto industry suffered a significant blow after the Senate delayed a vote on the Clarity Act until after its August recess. The industry's No.

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Business news • Aug 07

Time to Buy Nvidia or SpaceX Stock After Their AI Partnership?

Nvidia and SpaceX are drawing attention after announcing a major partnership that will see SpaceX exclusively deploy Nvidia's next-generation AI hardware...

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Business news • Aug 07

SpaceX's big week: Stock jumps despite earnings storm, lock-up expiration in crucial test for investors

SpaceX is poised to close out a pivotal week in the green, with the stock fighting higher over the past five sessions after reporting its first earnings...

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Business news • Aug 07

Jalapeños linked to a U.S. salmonella outbreak are tracked to a Mexican farm and a distributor

Jalapeño peppers linked to a multistate salmonella outbreak have been traced back to a grower in Sinaloa, Mexico, federal officials say.

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Business news • Aug 07

Trump administration has spent nearly $4B to cancel offshore wind farms

The Trump administration has now convinced developers to abandon 12 offshore wind leases. The latest will cost taxpayers $1.2 billion.

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Business news • Aug 07

Roundup: CC’s drive-thru / Meta ordered to pay / ‘Basic business class’

Coffee in a hurry: CC's Coffee House is opening its first drive-thru-only location at 319 W. Highway 30 in Gonzales on Aug. 8, offering a faster way for...

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Business news • Aug 07

'Weaker than we thought': Jobs surprise deals setback for GOP in elections

U.S. employers are shedding jobs and wage growth is decelerating, suggesting that President Donald Trump's labor market looks much weaker than assumed.

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Business news • Aug 07

Airbnb says AI is helping it ship features faster as it tests a new search function

Airbnb might be taking slow steps to roll out AI features to its consumer-facing interface, but the company is rapidly adopting the tech to build product.

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Business news • Aug 07

OpenAI’s Security Breach Was More Alarming Than We Knew

The OpenAI Hugging Face breach was already alarming. Then at Black Hat, researchers revealed the agents had organized, shared attack methods and kept...

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Business news • Aug 07

SpaceX Just Put a Launch Date on the Orbital AI Boom

SpaceX plans to launch its first Starmind AI satellite as early as 2027, using a compute payload designed around Nvidia's Vera Rubin architecture.

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Business news • Aug 07

Loss of ‘most Google’ engineer Jeff Dean jolts morale inside the company’s AI ranks

Days after Google unveiled its first Gemini chatbot in 2023 to compete with ChatGPT, Jeff Dean went to an AI conference where he was promptly swarmed by...

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Business news • Aug 07

Federal Reserve holds interest rates steady

On July 29, 2026, the Federal Open Market Committee voted 9-3 in Washington DC to maintain the baseline interest rate at the target range of 3.5 percent to...

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Business news • Aug 07

Palantir CEO drops 11-word bombshell for stock market investors

Palantir stock surged 29% after CEO Karp called Q2 2026 earnings "otherworldly," with 93% revenue growth and 149% U.S. commercial growth, beating Wall...

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Business news • Aug 07

Homes are selling below asking in 38 of the 50 biggest U.S. cities—if you can afford one

Homes sold for less than their asking price in 38 of the 50 largest U.S. housing markets, according to the latest monthly Redfin data.

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Business news • Aug 07

U.S. economy unexpectedly lost 23,000 jobs in July

Nonfarm payrolls unexpectedly declined in July, falling by 23,000 amid a drop of 53,000 government jobs and softness in retail, leisure and hospitality,...

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Business news • Aug 07

Elon Musk Wants Starlink To Take On T-Mobile, Verizon, AT&T—Here's Why That's Easier Said Than Done Starl

SpaceX (NASDAQ:SPCX) President Gwynne Shotwell said on Tuesday's earnings call that Starlink Mobile will begin service at the end of 2027,...

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Business news • Aug 07

Software Winners Lift Tech Futures; Jobs Report Due

Dow Jones futures: The market pauses, but what happens next? Don't buy these AI stocks yet. Cloudflare, Sezzle lead big earnings movers late.

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Business news • Aug 07

Companies scoff at airlines' cheapest business class tickets. 'The real value is flexibility'

Some companies plan to shun the cheapest business- and premium- economy fares from their executives.

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