Business news

Business news • Jun 26

Amtrak's Penn Station plan includes loads of public benches, a rarity in NYC

Seats keep disappearing from the public realm in New York City as part of a hostile architecture trend meant to discourage people — many of them homeless...

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Business news • Jun 26

Microsoft stock hits one-year low amid AI spending concerns

Microsoft $MSFT stock closed at a 52-week low Thursday, capping what is shaping up to be the company's worst start to a year since 2000, as investors grow...

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Business news • Jun 26

European Regulator Calls for Amgen’s Tavneos to Have Authorization Revoked

The agency received information that raised questions about the data integrity of the study that supported Tavneos getting marketing authorization.

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Business news • Jun 26

Heinen’s to close downtown Cleveland grocery store: Here's the last day it will be open

CLEVELAND — Heinen's has announced plans to close their downtown Cleveland grocery store, which is located at the corner of East 9th Street and Euclid...

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Business news • Jun 26

ON Semiconductor Joins ‘Edge AI’ Market With $7 Billion Acquisition. The Stock Plummets.

agreed to buy internet-of-things company Synaptics as it vies to bring artificial-intelligence from data centers into the physical world.

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Business news • Jun 26

Jeremy Grantham says this is the most expensive market in 'American history'

Jeremy Grantham says soaring valuations around AI makes the U.S. stock market historically expensive.

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Business news • Jun 26

Why breakthrough GLP-1 weight loss pills may be a bad thing for employer insurance coverage

New GLP-1 weight-loss pills from Novo Nordisk and Eli Lilly are likely to boost consumer demand, but employer-sponsored health insurance may not foot the...

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Business news • Jun 26

Trump eases pressure on Fed Chairman Kevin Warsh as inflation tops 4%

President Donald Trump's economic advisors are giving Warsh space, as the new Fed chairman, on interest rates as the president repeats calls to cut.

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Business news • Jun 26

Stock market today: Dow, S&P 500, Nasdaq slide as report of OpenAI IPO delay rattles techs

Tech led a retreat in US stocks on Friday, as a report of a potential delay to OpenAI's (OPAI.PVT) IPO added to the headwinds that have whipsawed markets...

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Business news • Jun 26

Moderna enters in vivo CAR-T, granting autoimmune asset ‘007’ license to kill pathogenic cells

Moderna has unveiled its first in vivo CAR-T program. Building on other groups' ex vivo CAR-T data, the company plans to start clinical development of an...

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Business news • Jun 26

AI stocks melt down again. What’s going on?

Tech stock traders can be an impatient bunch. But lately, they've grown seriously ticked off about the high price they've paid to get into the AI game...

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Business news • Jun 26

Bankrupt fried chicken chain franchisee closes more locations

Diners parked in drive-thru lines at Raising Cane's Chicken Fingers or Chick-fil-A restaurants are helping to drive the popularity of the fried chicken...

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Business news • Jun 26

Bayer/Monsanto Wins Roundup Case as Supreme Court Blocks Suit over Link Between Herbicide & Cancer

The Supreme Court ruled 7-2 to restrict thousands of lawsuits claiming Bayer, the parent company of Monsanto, had a duty to warn consumers about potential...

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Business news • Jun 26

Editorial: Sticker shock comes suddenly to the Apple store

Apple jacked prices by 20% or more on iMacs and iPads. iPhones are probably next.

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Business news • Jun 26

'The cult of Elon': SpaceX investors grapple with volatility amid big swings

SpaceX stock has seen big spikes and drop in its opening two weeks as a public company.

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Business news • Jun 26

SpaceX rises modestly ahead of Russell rebalance, Nasdaq entry next

Shares of SpaceX rose a marginal 0.15% on Friday ahead of its inclusion in Russell indexes, with passively managed funds tracking those benchmarks required...

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Business news • Jun 26

Economists Lift US Core Inflation Forecasts, See Fed on Hold

Economists raised their forecasts for a key gauge of US inflation this year and boosted estimates for job creation, scrapping the chance of a Federal...

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Business news • Jun 26

New-vehicle sales ‘shrugging off’ $4 gas, but some big brands losing share to rivals

After an extended period of volatility, the U.S. new-vehicle market appears to have settled into relative stability despite elevated fuel costs,...

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Business news • Jun 26

USA Rare Earth Stock: Rare Earth Powerhouse In The Making (NASDAQ:USAR)

USA Rare Earth targets a mine-to-magnet supply chain, 2 mines by decade-end, and 10000 tons by 2030. See here for more details on USAR stock.

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Business news • Jun 26

Stock Market News, June 25, 2026: Nasdaq Slips as Micron Fails to Power Broad Rally

Blockbuster results from Micron struggled to restore momentum for the Nasdaq. The index, which has been dinged by worries around AI spending this week,...

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