Business news

Business news • Jul 02

Meta Compute: Everyone Wants To Be A Neocloud

With Bloomberg headlines suggesting Meta could become a Neocloud, the market's reaction was immediate: aggressive sell-off of Neoclouds like Coreweave...

0 0 0

Business news • Jul 02

Mark Zuckerberg said AI agent tech is advancing more slowly than expected in an internal town hall

Superintelligence at Meta is coming. But it's going to take a bit of time and elbow grease, first. That's what the company's CEO Mark Zuckerberg told...

0 0 0

Business news • Jul 02

European Stocks Rally to Cap Best Week Since May: Markets Wrap

Stocks rose as the latest round of jitters about the artificial-intelligence trade subsided, with Europe's benchmark rising to an all-time high.

0 0 0

Business news • Jul 02

Trump Says Fed’s Warsh Faces Board That’s a ‘Bit Hostile’

President Donald Trump said Federal Reserve Chairman Kevin Warsh may not be able to compel his colleagues on the central bank to do what the new chair wants...

0 0 0

Business news • Jul 02

New Jersey becomes second state to ban surveillance pricing

New Jersey grocery shoppers will not have to worry about surveillance pricing following the Senate's 22-14 vote passing the Fair Price Protection Act,...

0 0 0

Business news • Jul 02

Google loses final fight over $4.7 billion Android antitrust fine

The long-running Google battle over a huge Android antitrust fine has ended with the EU's top court upholding the penalty.

0 0 0

Business news • Jul 02

Energy Dept. directs data centers to use backup generators during heat wave, freeing up power for AC

As a punishing heatwave bakes major East Coast cities, US Energy Secretary Chris Wright directed data centers in the mid-Atlantic this week to use their...

0 0 0

Business news • Jul 02

Energy Dept. directs data centers to use backup generators during heat wave, freeing up power for AC

As a dangerous heat wave bakes major East Coast cities, Energy Secretary Chris Wright directed data centers in the mid-Atlantic this week to use their...

0 0 0

Business news • Jul 02

Egg Producers to Pay $3.3 Million to Settle Federal Price-Fixing Lawsuit

A group of major egg producers accused of price fixing for nearly three years will pay $3.3 million as part of a proposed settlement of an antitrust lawsuit...

0 0 0

Business news • Jul 02

Tesla deliveries beat forecasts as Europe's rebound brightens outlook

Tesla delivered a record 480126 vehicles in the second quarter, beating Wall Street expectations as stronger demand in Europe helped offset pressure in the...

0 0 0

Business news • Jul 02

Tesla driver in crash searched self-driving 'not aggressive enough,' cops allege

A driver is accused of searching Google about Tesla's self-driving mode not being “aggressive enough” before his Model 3 crashed through a Katy home.

0 0 0

Business news • Jul 02

Tesla Driver Using Autopilot in Texas Crash Is Charged With Manslaughter

A Texas man whose Tesla sedan was in an automated driver-assistance system mode when it crashed into a house last month in Katy, Texas, and killed a woman...

0 0 0

Business news • Jul 02

The Rotation Trade Is Back on Wall Street

Weaker-than-expected jobs data on Thursday lifted hopes that the Fed would hold off on raising interest rates.

0 0 0

Business news • Jul 02

Trading Day: Chips are down, and so are payrolls

NEW YORK, July 2 (Reuters) - Wall Street was mixed on Thursday as weakness in semiconductors weighed on the Nasdaq, while the dollar dropped after a soft...

0 0 0

Business news • Jul 02

FDA upgrades popular potato chip recall to highest risk over salmonella

The FDA upgraded its recall of certain Utz Zapp's and Dirty potato chips to a Class I designation, its highest warning level, over potential salmonella...

0 0 0

Business news • Jul 02

What’s the perfect American hot dog? Depends where you grew up

Hot dogs are a beloved American staple, but their preparation varies widely across the country. In New York City, hot dogs are often boiled and served with...

0 0 0

Business news • Jul 02

St. Lawrence Co. surveys storm damage, crews work to restore electricity

GOUVERNEUR, New York (WWNY) - Around 2,000 National Grid customers in St. Lawrence County remained without power as of early Thursday evening.

0 0 0

Business news • Jul 02

Tesla Gives Model Y a Proper Third Row With Long-Wheelbase L Model

Tesla brings over the long-wheelbase Model Y L from China, giving U.S. buyers a 6-inch-longer wheelbase than the regular Model Y.

0 0 0

Business news • Jul 02

Tesla Sales Blow Away Expectations. Why the Stock Is Dropping.

Tesla reports second-quarter deliveries of 480126 vehicles, up from 384122 a year ago.

0 0 0

Business news • Jul 02

JPMorgan ordered to keep paying Charlie Javice’s legal bills, topping $70M

JPMorgan Chase has been ordered to keep paying the legal bills of convicted fraudster Charlie Javice.

0 0 0