Business news

Business news • Jun 29

BlackRock Flags Big AI Trade Beyond Nvidia, AMD, Micron

For most of the AI boom, investors have treated the trade like an increasingly expensive trip to the chip aisle. NVIDIA Corp (NASDAQ:NVDA), Advanced Micro...

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Business news • Jun 29

FDA’s top gene therapy regulator is leaving his role

WASHINGTON — Vijay Kumar, acting director of the office that reviews cell and gene therapies at the Food and Drug Administration, is stepping down from his...

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Business news • Jun 29

Woman Gets New Fridge, Upset Driver Won't Wait For Old One

A Georgia woman went viral after expecting a Home Depot delivery driver to wait while she emptied her old refrigerator for removal.

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Business news • Jun 29

Rocket Lab to take on SpaceX’s Starlink with $8 billion acquisition

Rocket Lab said Monday it plans to acquire Iridium Communications, positioning the expanding company as a head-on rival to SpaceX and its Starlink...

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Business news • Jun 29

FDA panel on peptides will include experts who promote the unproven chemicals favored by RFK Jr.

The Food and Drug Administration is meeting next month to consider easing restrictions on several peptides, a group of unapproved drugs popular with...

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Business news • Jun 29

South Korea to spend $1T on more memory chip production and humanoid robots

South Korea's government and top tech companies are committing $1 trillion to several flagship megaprojects that could bolster global memory chip supply,...

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Business news • Jun 29

T-Mobile is booting customers from its oldest plans

T-Mobile has confirmed that it is retiring legacy phone plans, notifying customers by text that they will be moved to new plans soon.

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Business news • Jun 29

Stock Market Today: Dow Rises To Record; Cathie Wood Buys This Software Stock Amid 46% Dive

The Dow Jones rises on the stock market today. The Supreme Court blocked Trump's firing of Lisa Cook. Cathie Wood bought a diving stock.

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Business news • Jun 29

What temperature should I set my AC in a heat wave? What to know

A major heat wave made its way to Wisconsin this week, and it's expected to stick around until the Fourth of July. The Milwaukee area reached highs in the...

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Business news • Jun 29

EXCLUSIVE: NBCUniversal may enter video game business after Comcast split, sources say

NBCUniversal is eyeing opportunities in digital gaming and new entertainment franchises as the company weighs options ​for future growth after its planned...

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Business news • Jun 29

Economist: 'Very Notable' A Lot Of Escalation Between U.S. & Iran Happens When Market Is Closed

Henrietta Treyz, co-founder and director of economic policy at Veda Partners, discussed on "Forbes Newsroom" the economic & market reactions to the U.S-Iran...

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Business news • Jun 29

Do this before the heat wave hits — and slash your cooling costs by $100 this summer

As millions of Americans brace for a dangerous heat wave this week, energy experts say they should prepare their wallets, too.

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Business news • Jun 29

Duke to reinvest $129M after canceling NC offshore wind lease

Two months after the Trump administration canceled two large offshore wind energy leases, the US Department of the Interior (DOI) announced a settlement...

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Business news • Jun 29

Cargo thieves have set their sights on data center supplies

Illinois Cook County Sheriff investigators recovered $300000 worth of copper wire and $1 million in other data center equipment from a truck yard.

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Business news • Jun 29

SpaceX Will Join the Nasdaq-100 on July 7. Here's What a $10,000 Investment Could Be Worth in December, According to History.

The rocket launch and satellite company continues to make history.

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Business news • Jun 29

Tesla Stock Rises as Musk’s EV Maker Deepens Ties With SpaceX

Tesla stock rises. Elon Musk has been active on X recently. There are some tidbits for investors in his posts.

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Business news • Jun 29

There Is No Word Yet on Whether Buffett Will Continue Giving to Gates Foundation

June is nearly over and there is still no word yet on how Warren Buffett will allocate his annual contribution of Berkshire Hathaway.

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Business news • Jun 29

Medicare to cover GLP-1 drugs for weight loss starting July 1. Here's what to know.

For the first time, Medicare will cover GLP-1 drugs prescribed solely for weight loss for eligible beneficiaries at a $50 monthly copay.

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Business news • Jun 29

A double-digit market correction is looming. This is what advisors need to know

The market volatility seen so far in June is the tip of the iceberg,” says David Laut, chief investment officer at Kerux Financial.

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Business news • Jun 29

Borrowed money fueling US stock rally is getting more expensive

The borrowed money helping to fuel the U.S. stock rally is getting more expensive, and some on Wall Street are starting to wonder how much longer the math...

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