Business news

Business news • Jun 30

Big egg producers settle price inflation probe with DOJ for 53 million eggs — and $3.3M

Three egg producers — Cal-Maine Foods, Versova and Hickman's Egg Ranch — agreed to settle a probe into alleged price manipulation for $3.3 million and a...

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Business news • Jun 30

FDA lets Philip Morris market Zyn nicotine pouches as less harmful than cigarettes

The FDA will allow 20 Philip Morris-owned Zyn nicotine pouch products to carry a modified-risk claim saying switching from cigarettes lowers the risk of...

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Business news • Jun 30

Ford Recalls More Than 740,000 Vehicles Over Transmission Issue

Recall covers certain Navigators, Expeditions, Explorers, Lincoln Aviators and F-150 trucks.

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Business news • Jun 30

Egg production companies secretly colluded for years to keep prices as high as possible, Maryland attorney general says

WASHINGTON — Maryland food banks will receive millions of eggs after a multi-state investigation found some of the nation's larged egg producers were...

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Business news • Jun 30

Bending Spoons, Owner of AOL and Other Old Internet Brands, Is Going Public

Bending Spoons, an Italian company that buys aging internet companies, is going public this week at a potential value of $19 billion.

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Business news • Jun 30

Nike results top estimates even as China sales drop 12%; retailer expects $986 million tariff refund

Nike was expected to report another quarter of declining sales as the sneaker giant struggles to regain strength under its turnaround strategy.

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Business news • Jun 30

Another day, another illegal billion-dollar bribe to raise your electricity prices

The Interior Department has made another illegal agreement with a gas company to drop development of cheap and clean offshore wind and instead focus on...

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Business news • Jun 30

‘Tyrant’ Trump is ‘Joe Bidening’ his presidency with ominous threat to gas stations, critics say

In a Truth Social post Monday night, President Donald Trump warned that “big problems lie ahead” for gas stations that don't lower their prices “IMMEDIATELY...

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Business news • Jun 30

Amid Xbox "Reset," Microsoft Is Having Its Worst Month In 26 Years

Microsoft's stock price is sliding the most ever on a percentage basis since December 2000.

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Business news • Jun 30

Amazon launches new $1 billion FDE org, following OpenAI and Anthropic

As companies struggle to integrate AI, they're increasingly ready to bring in outside help — and service providers are launching new purpose-built groups to...

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Business news • Jun 30

Fetterman says he’ll open Trump Accounts for kids

Sen. John Fetterman (D-Pa.) on Monday said he would open accounts for all three of his children as part of President Trump's investment initiative.

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Business news • Jun 30

Job openings were better than expected in May at 7.6 million

Job openings continued to beat expectations in May, federal data shows, though the hiring rate remained low.

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Business news • Jun 30

Senior analyst predicts 500% surge for MSTR stock despite bearish news

Analyst expects massive upside after the Bitcoin firm's capital overhaul.

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Business news • Jun 30

Vinod Khosla: AI’s energy crisis has a fix — and it doesn’t need the grid

The founder of Khosla Ventures says we're looking in the wrong place as AI data centers wait in a seven-year interconnection queue.

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Business news • Jun 30

Tricks to help you spend less money at restaurants

This story is part of How to Cut Your Food Bill, a monthlong newsletter series about how to save money on meals and groceries. Sign up here.

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Business news • Jun 30

iPhone 18 Pro ‘drop test’ leaks get yanked from X

At least one X account that posted videos supposedly showing the iPhone 18 Pro undergoing a drop test has been suspended from the platform,...

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Business news • Jun 30

Treasury's Bessent urges gas retailers to drop prices for US 250th birthday, says "we're watching"

U.S. Treasury Secretary Scott Bessent urged gasoline retailers on Tuesday to lower ​prices as the U.S. celebrates its 250th birthday, reinforcing President...

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Business news • Jun 30

Insiders ‘made $100M+ ahead of China’s offshore trading crackdown’

Global trading group Susquehanna is suing anonymous traders who allegedly made "a return of over 900%" on a $12 million investment in the shares of two...

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Business news • Jun 30

Micron to deposit $250 into ‘Trump’ 530A accounts for every child in Central New York

Micron is gifting $250 to every child in five counties of Central New York through the federal government's Trump Account program, as part of a $250 million...

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Business news • Jun 30

Anthropic has bucked the rules of Trump's Washington. It's cost them.

On Friday, OpenAI announced it was withholding the wide release of its latest AI model, GPT-5.6, at the request of the U.S. government. On the same day,...

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