Business news

Business news • Jul 04

Tokenmaxxing is so over. It's all about modelmaxxing now.

Employees racked up AI bills, and companies are backpedaling on tokenmaxxing. Now, it's all about routing prompts to the most value-for-money model.

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Business news • Jul 04

How JPM's female leadership pipeline to CEO went bust

Marianne Lake's retirement from JPMorgan marked the end of JPMorgan's chance to elevate a woman to one of the world's top jobs.

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Business news • Jul 04

Even as Elon Musk calls philanthropy ‘very hard,’ everyday Americans gave a record $617 billion—despite feeling the squeeze over the cost of living

Donations from individuals hit $394B last year, but a 17% rise in bequests points to a shift in philanthropy driven by the Great Wealth Transfer.

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Business news • Jul 04

Why Nike's new CEO is struggling to turn things around

The company is facing protracted trouble. The least it can do is get out of its own way.

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Business news • Jul 04

Micron Breaks Ground on $9 Billion Plant Expansion in Japan

Micron Technology Inc. on Saturday broke ground on the expansion of its factory in western Japan, a ¥1.5 trillion ($9.3 billion) undertaking to produce...

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Business news • Jul 04

More Than 1 Million Without Power After Storms in Midwest and Northeast

Strong winds from thunderstorms began to cause widespread power losses on Friday. More than 1.3 million customers, from Oklahoma to Massachusetts,...

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Business news • Jul 04

Warren Buffett Just Sent Investors an 11-Word Warning About the Stock Market. History Says He's Right.

Right now is a smart time to make sure you're investing in the right places.

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Business news • Jul 04

SK Hynix considering 0.5% fee payout in ADR offering, Bloomberg News reports

SK Hynix is considering paying about 0.5% of the proceeds ​from its U.S. listing to banks working on the ‌deal, Bloomberg News reported on Saturday citing...

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Business news • Jul 04

Union representing about 1,600 PECO workers walk off the job

Union representing about 1600 PECO workers walk off the job.

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Business news • Jul 04

Peco workers went on strike after the company and its union failed to reach a deal

Members of IBEW Local 614 walked off the job just after midnight. Customers should not expect service disruptions, said Peco, which has a contingency plan.

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Business news • Jul 04

GFL Environmental (GFL) Surges Over 7% on Take-Private Transacti

On July 03, 2026, GFL Environmental Inc (GFL) experienced a significant increase of over 7% in Toronto, following reports that the waste management firm is...

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Business news • Jul 04

GFL Environmental weighing potential take-private deal - Bloomberg (GFL:NYSE)

GFL Environmental is considering a potential take-private transaction after receiving preliminary interest from buyout firms, Bloomberg reported.

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Business news • Jul 04

China Is Devastating the Last Stronghold of German Industry

Midsize companies that employ millions of workers are now shedding jobs and relocating overseas to cut costs.

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Business news • Jul 04

Severe storms bring downed trees, power outages across Northeast Ohio

Thousands are still without power Saturday after severe weather sweeps across Northeast Ohio counties, creating weather-related damage.

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Business news • Jul 04

Power grid tested by consumer demands for AC, online data: Professor

(NewsNation) — A continuing heat wave and the long holiday weekend have combined to create the proverbial perfect storm for beleaguered U.S. power systems,...

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Business news • Jul 04

Seattle Dog ranked best hot dog in US ahead Fourth of July

The Seattle Dog was ranked the best hot dog in the country in a recent taste test by the New York Times, just in time for the Fourth of July weekend.

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Business news • Jul 04

Beloved California beer to bring back iconic label after failed woke rebrand

Anchor Brewing Company applied for and received federal approval for its iconic, original illustrated beer labels for Anchor Steam Beer and Old Foghorn ale.

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Business news • Jul 04

Hundreds of residents without power; Van Nest businesses feel the impact

According to the Con Edison Power Outage Map, over 200 customers are having power outage issues on Friday.

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Business news • Jul 03

Searing U.S. heat disrupts July 4th events, strains power grid

A searing heat dome was pushing electricity demand across the eastern U.S. toward record levels over the July 4th holiday, straining power grids and halting...

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Business news • Jul 03

Eastern US power grid operator orders emergency curbs as electricity use nears record

U.S. power grid operator PJM, the nation's largest covering much of the East ‌Coast and Midwest, on Friday ordered customers in emergency...

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