Business news

Business news • Jul 07

Samsung Electronics sees record preliminary 2Q profit but shares fall

Samsung Electronics on Tuesday reported preliminary second-quarter operating profit of 89.4 trillion won ($58.4 billion), versus 57.2 trillion won in the...

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Business news • Jul 07

Nasdaq drops 1% as chip stocks tumble and oil spikes; Dow slips below 53,000: Live updates

were little changed on Monday night after a record-setting session for the blue-chip index. Futures tied to the 30-stock index added 34 points,...

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Business news • Jul 07

Walmart is lowering prices on summer BBQ items. Trump says it’s because of him

President Donald Trump is taking credit for Walmart's summer sale, claiming that a request from his administration led to discounts on thousands of items...

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Business news • Jul 06

US investors will soon get access to SK Hynix, another memory maker riding the AI boom

SK Hynix is experiencing a boom credited to AI. It will ride that to a multibillion-dollar U.S. IPO, expected to take place on Friday.

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Business news • Jul 06

Black hair care pioneer George E. Johnson Sr. dies at 99

George E. Johnson Sr., the pioneering American businessman and entrepreneur who built a Black hair care empire, died at his home in Chicago on Monday.

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Business news • Jul 06

Walmart, Sam's Club slash prices on thousands of products as Trump says move came at his request

Fresh corn drops to $0.25 and ground beef falls nearly 15% as the retailers target backyard barbecue staples. Facebook; Twitter; Threads; Print; Email...

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Business news • Jul 06

Samsung Electronics Announces Earnings Guidance for Second Quarter 2026

Samsung Electronics today announced its earnings guidance for the second quarter of 2026.

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Business news • Jul 06

Trump says Walmart cut prices at his request, but Walmart statement omits administration's role

President Donald Trump is claiming credit for Walmart's recent price cuts, though the retailer's statement doesn't mention his administration's involvement.

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Business news • Jul 06

Samsung flags 19-fold jump in profit, but shares slump on jitters AI boom may stall

Samsung Electronics on Tuesday flagged a 19-fold jump in second-quarter operating profit, surpassing its combined earnings over the past ‌three years,...

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Business news • Jul 06

Trump Tries to Take Credit for Walmart Price Cuts of Beef and Other Products

Walmart announced Monday it was cutting prices of beef and other products, which President Trump tried to take credit for shortly after the company...

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Business news • Jul 06

Trump says Walmart will lower some prices at his request

President Donald Trump said on Monday that Walmart will lower prices on a slew of products at his administration's request.

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Business news • Jul 06

Stock market today: Dow, S&P 500, Nasdaq futures rise with AI trade in focus

US stock futures edged up on the heels of a record-setting day on Wall Street.

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Business news • Jul 06

Walmart Lowers Prices on Thousands of Items, Including Beef and Coca-Cola

The largest U.S. grocer wins praise from President Trump for the move.

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Business news • Jul 06

‘Don’t Die’ Guy Bryan Johnson Says He Has Serious Autoimmune Disease

Bryan Johnson, the life extension guru who chronicles his efforts to reduce his “biological age,” says he has Autoimmune Gastritis (AIG), an incurable...

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Business news • Jul 06

Nasdaq 100 Falls 2% in Chip-Led Rout as Oil Climbs: Markets Wrap

Asian equities fell as renewed selling in technology stocks deepened concerns that the AI-driven rally may have run ahead of itself.

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Business news • Jul 06

Compulsion Games and Double Fine confirm "Independence Day" from Xbox

Compulsion Games and Double Fine – two formerly Xbox-owned developers now spun out from the Xbox family of studios as M…

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Business news • Jul 06

George E. Johnson, Who Built a Black Hair-Care Empire, Dies at 99

George E. Johnson, a hair-care magnate who rose from a sharecropper's cabin to found, with his wife, Joan, what was said to be the first Black-owned company...

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Business news • Jul 06

Like It Or Not, SpaceX Set To Land In Millions Of Investors' Portfolios

At Tuesday's market open, SpaceX will be officially in the Nasdaq-100 index. Multiple analysts also will initiate SPCX stock coverage.

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Business news • Jul 06

Walmart rolls back barbecue staple prices after Trump says retailer acted at his request

Walmart said on Monday it would cut prices on many summer barbecue favorites, ‌including meat, chips, and soda, following a Truth Social post from President...

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Business news • Jul 06

Toyota to invest $3.6 billion to move Tacoma pickup truck production from Mexico to Texas

Toyota said it is investing $3.6 billion to move production of the Tacoma midsize pickup truck from Mexico to its San Antonio manufacturing campus in Texas.

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