Business news

Business news • Jul 01

Nike Q4 Conference Call, Live Updates: ‘We Know We’re Not Living Up to Our Full Potential’

Here's the latest from Nike Inc. from its Q4 earnings call.

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Business news • Jul 01

Trump made more than $1bn from crypto in first year back in office

US President Donald Trump made more than $1bn (£750m) last year from business dealings in cryptocurrency, according to his mandatory financial report for...

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Business news • Jul 01

Commerce Department gives green light for Anthropic to bring back Fable 5

The public will once again be able to access Anthropic's powerful Fable 5 model, the AI giant said Tuesday, weeks after the Commerce Department required the...

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Business news • Jul 01

Trump filing shows he took in about $1.2 billion from crypto businesses last year

President Donald Trump took in nearly $1.2 billion dollars from his crypto businesses last year, a federal filing released Tuesday shows.

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Business news • Jul 01

Einstein Bros. Bagels plans 300-store expansion as Americans fuel $5.8B bagel boom

Einstein Bros. Bagels plans to open more than 300 new locations across the U.S. by 2030, supported by a new store prototype designed to help the chain...

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Business news • Jul 01

Trump lifts limits on Anthropic’s Fable and Mythos models

The Trump administration removed export restrictions on Anthropic's Fable 5 and Mythos 5 artificial intelligence models Tuesday evening, a move aimed at...

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Business news • Jun 30

Anthropic says Trump admin has lifted export controls on Claude Fable 5 and Mythos 5

Anthropic said the U.S. Department of Commerce has lifted the export controls on its Claude Fable 5 and Mythos 5 models. The announcement puts an end to the...

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Business news • Jun 30

Trump administration to lift restrictions on Anthropic's Fable 5

The Trump administration plans to lift export controls on Anthropic's Claude Fable 5 AI model as soon as Tuesday night, a U.S. official tells Axios.

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Business news • Jun 30

Trump’s financial disclosure lists $1.4 billion in crypto earnings, powered largely by meme coins

The annual report also includes $80 million in income from settlements tied to his lawsuits against companies like ABC, CBS, Meta and YouTube.

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Business news • Jun 30

AI company Anthropic announces it will begin developing drugs of its own

Executives told STAT that firsthand experience with the company's newest application, Claude Science, will yield benefits.

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Business news • Jun 30

EXCLUSIVE: US House committee opens investigation into Merck, AbbVie China drug trials

The chair of the U.S. House Select Committee ​on China opened national security investigations into whether five drugmakers including Merck and AbbVie have...

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Business news • Jun 30

US removes curbs on Anthropic's latest Fable and Mythos AI models

June 30 (Reuters) - Anthropic said on Tuesday that the U.S. Commerce Department has lifted ​export controls on its Fable and Mythos AI models,...

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Business news • Jun 30

Some ZYN nicotine pouches can be sold as safer than cigarettes, FDA says

Twenty flavored ZYN products are included in the authorization, which says the pouches put users at lower risk for several health problems compared to...

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Business news • Jun 30

Dish files for bankruptcy, but not shutting down

Dish, the company that operates Dish TV and Sling TV, has filed for Chapter 11 bankruptcy,” as reported earlier by Reuters. The plan will allow the...

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Business news • Jun 30

Micron CEO: Customers driving hard bargain on price contributed to memory shortage

Micron CEO Sanjay Mehrotra said years of aggressive pricing pressure left the memory industry underinvested, contributing to today's supply shortages.

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Business news • Jun 30

Trump wants cheaper gas, but are retailers gouging? What to know

Trump has told gas retailers they should lower fuel prices because crude oil prices have fallen. Here's more on the president's ongoing objective.

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Business news • Jun 30

California gas tax set to increase Wednesday as travelers gear up for July Fourth weekend

An increase in California's gas tax is set to take effect this week, just as travelers are gearing up for July Fourth weekend excursions.

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Business news • Jun 30

Vermonters paid too much for eggs, officials say. Now they’re getting nearly 1 million of them.

Theo Wells-Spackman is a Report for America corps member who reports for VTDigger. Vermont will receive 915,000 eggs and $56,000 in settlement payments...

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Business news • Jun 30

Dish files for Chapter 11 bankruptcy

Dish DBS Corp. and certain subsidiaries, including Dish Wireless, filed for Chapter 11 bankruptcy protection Tuesday.

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Business news • Jun 30

Most Stocks Rise as Warsh Says Price Risks Fading: Markets Wrap

Signs of economic strength alongside easing price pressures lifted most stocks in the US, with Federal Reserve Chair Kevin Warsh saying inflation risks have...

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