Business news

Business news • Apr 21

FDA Approves Merck’s Once-Daily IDVYNSO™ (doravirine/islatravir)

IDVYNSO is approved for adults with virologically suppressed HIV-1 with no history of virologic treatment failure and no known substitutions associated with...

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Business news • Apr 21

Internal emails show how Amazon raises prices across the Internet, lawsuit says

Newly unsealed emails reveal the sneaky ways that Amazon colludes with rivals to raise prices across the Internet on “everything from diapers to clothing to...

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Business news • Apr 21

New Amazon Price Target After $25 Billion Anthropic Update

By now, I am sure that most of you have read the news. On Monday afternoon, Amazon($AMZN) announcedthat the firm would invest a cool $5 billion in AI st...

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Business news • Apr 21

3 takeaways from a fiery hearing to confirm Trump’s Fed chief pick

Confirmation hearings for Federal Reserve chairs are usually staid, rubber-stamp affairs. Not this one. Democrats and one key Republican from the Senate...

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Business news • Apr 21

Florida and Texas are the biggest losers in the housing market as Ohio emerges a surprise winner

During the pandemic, housing markets in Florida and Texas enjoyed a surge in popularity. Unencumbered by office attendance, remote workers headed south to...

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Business news • Apr 21

Live updates: Kevin Warsh says he will not be Trump's 'sock puppet' if confirmed as Fed chairman

Kevin Warsh, Trump's choice to replace Jerome Powell as head of the Federal Reserve, faced questions from lawmakers.

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Business news • Apr 21

UT announces new Dell Medical Center, research campus after $750 million gift

After a historic $750 million gift from the Michael & Susan Dell Foundation, The University of Texas at Austin's future hospital has a name: The UT Dell...

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Business news • Apr 21

John Ternus, the man stepping into Tim Cook and Steve Jobs' shoes, is a 25-year Apple veteran with zero LinkedIn posts

Apple's next CEO John Ternus is a company veteran who rose through the iPhone maker's hardware engineering ranks but until now has maintained a low profile.

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Business news • Apr 21

Trump Administration Can’t Get Its Story Straight on Sky-High Gas Prices

Donald Trump, Chris Wright, and other administration officials can't decide what to say about expectations gas prices amid the Iran war.

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Business news • Apr 21

Warsh declines to say whether Biden won 2020 election

Kevin Warsh, President Trump's nominee for chairman of the Federal Reserve, declined to say Tuesday whether former President Biden defeated Trump in the...

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Business news • Apr 21

Iran war shows "era of fossil fuel security is over," says U.K. official, defying Trump calls for North Sea drilling

Britain is doubling down on its commitment to net-zero emissions targets in light of energy volatility caused by the U.S.-Iran war, the government announced...

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Business news • Apr 21

Scoop: Top U.S. cyber agency doesn't have access to Anthropic's powerful hacking model

The Cybersecurity and Infrastructure Security Agency doesn't have access to Anthropic's powerful new Mythos Preview model, even though some other government...

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Business news • Apr 21

Tim Cook’s secret weapon that turned Apple into a $4 trillion empire

Tim Cook may not have had the same flash as Steve Jobs, but he wielded an unassuming superpower that helped grow Apple into a $4 trillion juggernaut.

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Business news • Apr 21

Tim Cook turned Apple into a $4 trillion juggernaut by not trying to be Steve Jobs

Tim Cook's 15-year tenure at the helm of Apple was highly profitable for Wall Street, as the company's market cap swelled from $350 billion to $4 trillion.

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Business news • Apr 21

UnitedHealth posts quarterly profit above Wall Street estimates, on track for turnaround

By Amina Niasse NEW YORK, April 21 (Reuters) - UnitedHealth raised its annual profit forecast and beat expectations for first-quarter results on Tuesday,...

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Business news • Apr 21

Citi spells out 3 scenarios for the Strait of Hormuz — and where oil prices would go in each

Citi wrote that global crude inventories are set to reach their lowest levels in eight years by the end of June, even if the conflict were to end this week.

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Business news • Apr 21

Trump Says US Will Get Along With Anthropic After Pentagon Spat

President Donald Trump predicted the US government would have a good relationship with Anthropic PBC, a stark reversal in tone toward the artificial...

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Business news • Apr 21

Trump says Anthropic is shaping up and a deal is 'possible' for Department of Defense use

Trump said his administration had "some very good talks" with Anthropic during a meeting at the White House last week.

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Business news • Apr 21

Global growth in solar "the largest ever observed for any source"

The International Energy Agency says we've entered the Age of Electricity.

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Business news • Apr 21

Verdict Signals More Trouble Ahead for Uber

Uber has lost its second consecutive courtroom test over rider safety. A federal jury in Charlotte, NC, on Monday found Uber liable for a 2019 incident,...

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