Business news

Business news • Jun 29

Cargo thieves have set their sights on data center supplies

Illinois Cook County Sheriff investigators recovered $300000 worth of copper wire and $1 million in other data center equipment from a truck yard.

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Business news • Jun 29

SpaceX Will Join the Nasdaq-100 on July 7. Here's What a $10,000 Investment Could Be Worth in December, According to History.

The rocket launch and satellite company continues to make history.

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Business news • Jun 29

Tesla Stock Rises as Musk’s EV Maker Deepens Ties With SpaceX

Tesla stock rises. Elon Musk has been active on X recently. There are some tidbits for investors in his posts.

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Business news • Jun 29

There Is No Word Yet on Whether Buffett Will Continue Giving to Gates Foundation

June is nearly over and there is still no word yet on how Warren Buffett will allocate his annual contribution of Berkshire Hathaway.

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Business news • Jun 29

Medicare to cover GLP-1 drugs for weight loss starting July 1. Here's what to know.

For the first time, Medicare will cover GLP-1 drugs prescribed solely for weight loss for eligible beneficiaries at a $50 monthly copay.

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Business news • Jun 29

A double-digit market correction is looming. This is what advisors need to know

The market volatility seen so far in June is the tip of the iceberg,” says David Laut, chief investment officer at Kerux Financial.

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Business news • Jun 29

Borrowed money fueling US stock rally is getting more expensive

The borrowed money helping to fuel the U.S. stock rally is getting more expensive, and some on Wall Street are starting to wonder how much longer the math...

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Business news • Jun 29

National Grid offers 'energy efficiency' advice as CNY heat index could top 100 this week

National Grid is offering "energy efficiency" advice ahead of a scorching forecast this week and the rest of the summer.

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Business news • Jun 29

Saks emerges from bankruptcy with a new name and a leaner store footprint

Saks Global exits bankruptcy as Exemplar Luxury Group after eliminating 75% of its debt and closing 62 off-price locations including Saks OFF 5th stores.

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Business news • Jun 29

Why Is Alphabet Stock (GOOGL) Up? Dow Entry and Google AI Limits on Meta.

Alphabet stock is rising Monday as the Google parent joins the Dow Jones Industrial Average.

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Business news • Jun 29

Eli Lilly, Regeneron among first companies selected for FDA initiative to speed review of new manufacturing facilities

Eli Lilly and Regeneron are among the first seven companies the FDA has selected for its PreCheck Pilot Program, CNBC has learned.

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Business news • Jun 29

Honeywell Aerospace Starts Trading, Completing 3-Way Breakup

Honeywell investors holding the stock into the corporate breakup now have two Honeywell stocks in their portfolio.

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Business news • Jun 29

Microsoft’s $613 Billion Rout Sets Up Its Worst Month Since 2000

Microsoft Corp. shares are heading for their worst month in years as investors continue to fret about how the software giant will fare in a world marked by...

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Business news • Jun 29

JetBlue pilot reports striking a drone while landing at JFK airport

A JetBlue Airways pilot reported striking a drone while on approach to John F Kennedy International Airport in New York, officials said.

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Business news • Jun 29

Strategy Just Unveiled a Financial Overhaul: Bitcoin Sales, Dividends, and Stock Buybacks

Strategy is scrambling to reassure investors amid a slump in the price of its primary means for funding crypto purchases.

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Business news • Jun 29

BofA Technician Sees a ‘Three-Wave Correction’ in S&P 500 Index

Investors must hedge any further S&P 500 rallies and brace for a potential “three-wave correction” in the next few months, according to the head of...

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Business news • Jun 29

IRS says Trump Account contributions will not trigger annual gift tax reporting requirements

Parents, guardians, grandparents and others who contribute to a Trump Account will not be required to file a gift tax return reporting those contributions,...

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Business news • Jun 29

Palantir Shares Jump After Striking Nvidia AI Deal

This article first appeared on GuruFocus. Palantir Technologies (NASDAQ:PLTR) rose about 4% Monday after the software company unveiled a new artificial...

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Business news • Jun 29

Small towns get burned by fireworks bills

The USA's 250th birthday bash is getting expensive for local budgets.

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Business news • Jun 29

PPL provides advice to customers on preventing energy cost increases amid high temperatures

PPL Electric said in a news release that customers should use the Bill Toolkit, which features resources to better manage their energy use and bills.

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