Business news

Business news • Jul 23

EU Fines Google $1 Billion for Favoring Its Own Services

The penalty comes at a risky time for the bloc's economic relationship with the U.S., which has lashed out over Europe's tech regulations.

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Business news • Jul 23

F.D.A. Announces New Cyclosporiasis Outbreak With 72 Cases

The Food and Drug Administration has identified a new outbreak of cyclosporiasis that has sickened at least 72 people, according to an update posted to the...

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Business news • Jul 23

Peacock Turns Its First-Ever Profit in Q2 as NBCUniversal Split Looms

Comcast reported earnings early Thursday, with the NBCU streaming service reporting its first ever profitable quarter, but warned of softness in its theme...

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Business news • Jul 23

Eli Lilly’s Anticipated Weight Loss Drug Helped People Lose 56 Pounds On Average

Eli Lilly will seek regulatory approval for retatrutide, a powerful weight loss drug that a new study shows helped people lose nearly 56 pounds on average.

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Business news • Jul 23

Stock market today: Dow, S&P 500, Nasdaq sell off as rising oil prices, bond yields, and AI capex weigh

US stocks fell on Thursday as investors digested the latest spending outlooks from Alphabet (GOOG) and Tesla (TSLA), and eyed surging oil prices in the wake...

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Business news • Jul 23

Comcast Earnings Beat Estimates on Peacock, Box Office Successes

Comcast Corp. reported ongoing losses of cable-TV and broadband customers as it prepares to spin out its film and TV business, which is notching faster...

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Business news • Jul 23

Comcast (CMCSA) Reports Q2 Earnings: What Key Metrics Have to Say

Although the revenue and EPS for Comcast (CMCSA) give a sense of how its business performed in the quarter ended June 2026, it might be worth considering...

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Business news • Jul 23

Traders see September rate hike as European Central Bank mulls energy price spike

ECB president Christine Lagarde said the bank anticipates inflation to remain "well above target" until the first half of 2027.

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Business news • Jul 23

3 US Airports Look to Give TSA the Boot

A trio of US airports is preparing to trade federal screeners for private ones, and the union representing tens of thousands of TSA workers is sounding the...

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Business news • Jul 23

US filings for unemployment aid fall to 187,000 last week, fewest since 1969

U.S. applications for jobless benefits tumbled to the lowest level in decades last week as layoffs remain historically low despite global economic...

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Business news • Jul 23

Meta takes on AI skepticism in defiant new video

Meta made a plea for AI optimism today in a new video that pushes back on the persistent skepticism around the technology's future. Meta shared its vision...

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Business news • Jul 23

Driverless Cars Just Scored Bragging Points Over Humans

Waymo's driverless cars just got a notable safety nod: An independent analysis found the company's robotaxis crash less often than human drivers in four...

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Business news • Jul 23

Comcast Q2 2026 Earnings: Streamer Peacock Adds 2 Million Subscribers

NBCUniversal streamer Peacock swung to a $189 million profit for the three months ended in June, its first quarter in the black, and added 2 million paid...

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Business news • Jul 23

Comcast earnings highlight NBCUniversal strength ahead of planned split

Comcast said earlier this year it would split the cable businesses from the media business, creating two separate publicly traded companies.

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Business news • Jul 23

Blackstone’s Profit Surges on AI Investments

Stronger inflows into its private-equity business offset a private-credit slowdown as individual investors pull back.

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Business news • Jul 23

Experts say exploiting Anthropic’s Fable isn’t how Kimi K3 got so good

"I don't think you get a model this strong and this quickly on the heels of Fable doing strictly distillation," one expert told TechCrunch.

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Business news • Jul 23

Comcast Reports Lower Profit, Narrows Domestic Broadband-Subscriber Losses

Cable-and-entertainment company says it lost about 167000 domestic residential-broadband customers during second quarter.

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Business news • Jul 23

Zuckerberg says AI should empower people, not replace them, in new Meta vision

Meta CEO Mark Zuckerberg said artificial intelligence should empower people rather than replace them, rejecting what he called a dystopian vision of AI.

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Business news • Jul 23

Mark Zuckerberg launches AI optimism campaign

Zuckerberg argues Meta's focus on connecting the world will only be strengthened with new AI tools and technologies.

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Business news • Jul 23

Record setting memberships, possible layoffs reported for Southwest Airlines amid rising fuel costs

DALLAS — Southwest Airlines second quarter earnings report for 2026 detailed record-breaking memberships, layoffs due to record breaking business and...

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