Business news

Business news • Jun 30

D-Wave Quantum Is Winning Over Washington, and Investors Should Take Notice

D-Wave is selected to receive $1.6 million from the National Science Foundation. It's the company's latest federal funding injection.

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Business news • Jun 30

Nike Declines Following Cautious Commentary on Demand

Nike Inc. executives on Tuesday gave a cautious outlook and warned about elevated consumer anxiety, adding to investor concerns about the sportswear...

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Business news • Jun 30

Washington gas tax increases to 56.5 cents per gallon July 1

SEATTLE — Washington's gasoline tax will increase by 1.1 cents per gallon beginning July 1 under a state law that now ties fuel taxes to inflation.

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Business news • Jun 30

American Airlines Opens First Lounge With Barista Coffee… I’m Happy!

American has brought its Provision by Admirals Club concept to JFK, with grab & go food, barista coffee, and more. Here's what to expect.

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Business news • Jun 30

Emergency Ordered for Largest US Power Grid as Record Heat Nears

The Trump administration has declared a power emergency for the nation's largest energy grid in advance of a dangerous heat wave that threatens to strain...

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Business news • Jun 30

Oil prices little changed but set for steepest monthly and quarterly losses since 2020

By Scott DiSavino June 30 (Reuters) - Oil prices were little changed on Tuesday but were headed for their biggest monthly and quarterly losses since the...

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Business news • Jun 30

Exclusive | USDA Plans to Pay Smaller Meatpackers to Keep Slaughtering Cattle

Agriculture Department aims to offer up to $500 million in payments as meat processors navigate livestock shortage.

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Business news • Jun 30

Texas AG Ken Paxton secures settlements with egg producers following allegations of price gouging

Texas Attorney General Ken Paxton secured settlements with three national egg producers accused of conspiring to increase egg prices, requiring them to...

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Business news • Jun 30

NIKE, Inc. Reports Fiscal 2026 Fourth Quarter and Full Year Results —

NIKE, Inc. today reported financial results for its fiscal 2026 fourth quarter and full year ended May 31, 2026.

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Business news • Jun 30

FDA scientists flag concerns with peptides, the trendy molecules RFK Jr. supports

Documents reviewing the research on peptides note lack of good evidence of efficacy or safety. Yet an FDA panel will consider easing access to them later...

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Business news • Jun 30

California's New EV Incentive Is Almost Here—With Special Benefits For Rivian And Lucid

With the federal EV tax credit of $7,500 long gone, California is working up a program to fill the gap. The state's lawmakers and governor have agreed on a...

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Business news • Jun 30

Anthropic upgrades Claude with new Sonnet 5 model, details here

Anthropic is upgrading Claude Sonnet, replacing Sonnet 4.6 from February with Sonnet 5 as the best medium-sized model.

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Business news • Jun 30

Circle Stock Sinks After Visa, Others Announce Rival Stablecoin Network

USDC, which Circle and Coinbase co-founded, has reigned as the largest U.S.-based stablecoin. Partners in a new rival include payments companies and tech...

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Business news • Jun 30

Why These Stock-Market Bears See This Year's Bullish Tailwinds 'Reversing'

Bank of America analysts on Tuesday left their S&P 500 year-end target unchanged at 7100, 5% below the index's close on Monday, citing Big Tech's dwindling...

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Business news • Jun 30

BMW completes $1.7 billion South Carolina expansion, unveils all-electric X5

BMW on Tuesday announced the completion of its $1.7 billion investment in South Carolina, where the German carmaker will produce fully electric vehicles.

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Business news • Jun 30

Susquehanna seeks $70M for insider trading

Susquehanna Investment Group sued 100 unnamed defendants who it says placed suspicious trades before Beijing last month targeted three online brokers...

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Business news • Jun 30

SEC opens ETF rule review following crypto fund surge, prediction markets push

The SEC is taking a fresh look at how a proposed fast-growing new class of ETFs tied to prediction markets should be regulated.

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Business news • Jun 30

Insiders Made $100 Million on China Brokerage Crackdown, Trading Firm Alleges

Susquehanna files lawsuit seeking to unmask traders who bet on drop in Futu and Tiger Brokers stock.

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Business news • Jun 30

Ranked: Where It Costs the Most to Stay Cool in America

See projected summer electricity bills in every state, from Arizona's $1060 to Washington's $488, and find out why costs vary so widely.

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Business news • Jun 30

Wisconsin DOJ announces settlement in alleged multi-state scheme to raise egg prices

According to the state DOJ, the coalition secured more than 50 million eggs and $3.3 million from the companies through the settlement.

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