Business news

Business news • Jul 01

Sandisk Is One of the Biggest Winners After Micron's Blowout Earnings

Micron Technology's (MU 10.13%) fiscal 2026 third-quarter earnings left no doubt that the memory boom is still here. Not only did the company smash guidance...

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Business news • Jul 01

Anthropic is bringing back Claude Fable 5 globally after US lifts export control order — where can enterprises access it?

Anthropic is restoring global access to its most powerful generally released AI model yet, Claude Fable 5, today, after the U.S. Department of Commerce last...

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Business news • Jul 01

Comcast’s split could make or break Peacock

NBCUniversal executives are about to find out whether Peacock will sink or swim in the streaming industry. Now that Comcast is planning to split...

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Business news • Jul 01

Trump Energy Department hits its target on small nuclear reactors. Now comes the hard part.

A third advanced reactor has reached criticality through an Energy Department program, meeting the administration's self-set July 4 goal.

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Business news • Jul 01

FDA allows Philip Morris to market Zyn as less harmful than cigarettes

The U.S. Food and Drug Administration said on Tuesday it would allow Philip Morris to ​market its Zyn nicotine pouches as less harmful than cigarettes.

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Business news • Jul 01

Swedish court orders Google to pay $1.5 billion to Klarna in antitrust damages

A Swedish court on Wednesday ‌ordered Alphabet's Google to pay about $1.5 billion in damages to PriceRunner, the price comparison business owned by payments...

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Business news • Jul 01

Automakers report mixed U.S. sales results as hybrid vehicles drive market

Second-quarter U.S. new vehicle sales show a sharp divide, with automakers offering hybrid models largely outperforming those without them.

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Business news • Jul 01

U-Haul crashes into building hit over the weekend in Omaha’s Benson neighborhood

Emergency personnel were at the scene of a crash Wednesday morning involving a U-Haul that hit a vacant building in the Benson area — the same building hit...

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Business news • Jul 01

Trump Defends Crypto Income, Says He's Profiting 'Because The Stock Market's Going Up'

"Everybody's profiting," the president told reporters ahead of his flight on the new Air Force One.

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Business news • Jul 01

Meta pops 9% as company makes cloud push to sell excess AI compute power capacity

The new business is a welcome signal for some investors who have been uneasy about the company's infrastructure spending plans.

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Business news • Jul 01

Kroger buying Giant Eagle supermarket chain in $1.65B deal

Kroger is buying Giant Eagle, adding nearly 200 more supermarkets to its portfolio in a billion-dollar deal. The Cincinnati-based grocery giant announced...

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Business news • Jul 01

Stock market today: Dow, S&P 500, Nasdaq pull back as Fed's Warsh speaks

US stocks pulled back on Wednesday as Kevin Warsh spoke on a panel, with the Federal Reserve chairman's words in focus for clues to future interest rate...

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Business news • Jul 01

Stock futures slip after chip stocks gained $2 trillion in Q2

A record-breaking run in chip equities saw $2 trillion flow into the combined valuations of Micron, Intel, and AMD last quarter.

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Business news • Jul 01

Meta building cloud business to sell excess AI capacity, Bloomberg News reports

Meta Platforms is building a cloud business to sell excess artificial intelligence computing capacity, Bloomberg News reported on Wednesday, as tech giants...

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Business news • Jul 01

Middle East oil transit, production resumes faster than expected

Wait, what? The ink is barely dry on the U.S.-Iran memorandum of understanding, and somehow the market is swimming in oil. Why it matters: Middle East oil...

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Business news • Jul 01

Trump reports over $1.4 billion in income from crypto ventures

June 30 (Reuters) - U.S. President Donald Trump reported more than $1.4 billion in income from his family's crypto ventures last year, showing how Trump now...

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Business news • Jul 01

Meta Is Planning a Cloud Business to Sell AI Computing Power

Meta Platforms Inc. is developing plans for a cloud infrastructure business that will sell access to AI computing power and models, setting up a new vector...

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Business news • Jul 01

Private sector added 98,000 jobs in June, below expectations, ADP says

Payroll processing firm ADP on Wednesday released its private sector jobs data for June. Employment in the private sector grew by 98000 jobs in the month.

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Business news • Jul 01

Private payrolls rose by 98,000 in June, less than expected, ADP reports

Private sector employment grew by a seasonally adjusted 98,000 for the month, down from 122,000 in May and a bit below the forecast for 110,000,...

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Business news • Jul 01

Trump Accounts for kids launch July 4: What parents need to know

Here's a breakdown of how Trump Accounts work, who qualifies for free money and when the funds can be withdrawn.

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