Business news

Business news • Jul 21

Homeownership rate in the U.S. is lower than you think, new research finds

A new way of measuring America's homeownership rate finds that it is far lower than commonly understood, especially for young adults.

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Business news • Jul 21

GLP-1 Titans Clash: Comparing Eli Lilly and Novo Nordisk

Novo Nordisk NVO and Eli Lilly LLY lead the diabetes and obesity market, driven by their blockbuster GLP-1 therapies. Lilly sells its dual GIP/GLP-1 agonist...

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Business news • Jul 21

Alphabet's Gemini delay, spending worries loom over earnings

July 21 (Reuters) - Alphabet faces heightened scrutiny from investors as a delay in the launch of a model key to its AI ambitions adds to worries ​over the...

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Business news • Jul 21

The Great Peptide Cash Grab Has Begun

The FDA could decide whether to loosen rules around peptide production this week. Some telehealth players are already seeing dollar signs.

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Business news • Jul 21

Bessent says U.S. could sanction China over AI model 'theft'

U.S. Treasury Secretary Scott Bessent said the Trump administration will look into whether Chinese AI models have been distilled from American models.

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Business news • Jul 21

2027 Kia Seltos first drive gives you plenty of SUV for not much $

Kia provided flights from Washington, DC, to Orange County, California, and accommodation so Ars could drive the Seltos. Ars does not accept paid editorial...

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Business news • Jul 21

Wall Street is selling more rental homes, as buying ban takes effect

The number of homes owned by institutional investors listed for sale is more than double what it was at the start of February, according to an analysis from...

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Business news • Jul 21

Front Range Passenger Rail plan outlines Broncos, Summit FC train stations

DENVER — The Front Range Passenger Rail District on Monday unveiled a draft delivery plan for the proposed express passenger train linking communities along...

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Business news • Jul 21

Disney and Kraft Heinz Ink-Wide Ranging Brand Deal Across Media and Experiences

The "strategic alliance" between the two companies will span movies, TV, streaming, theme parks and cruises, connecting the brands of the food and beverage...

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Business news • Jul 21

CVS announces new pharmacy option for pet owners

Dog and cat owners can now fill common pet medications at more than 9000 CVS Pharmacy locations across the U.S..

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Business news • Jul 21

As the U.S.-Iran war heats up again, these parts of the stock market and economy could be affected

A ramp-up in fighting between the U.S. and Iran over the weekend has left Wall Street reconsidering its expectations for the war's economic impact.

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Business news • Jul 21

Novo Nordisk Says It’s Suing Eli Lilly Over Weight-Loss Ads

Novo Nordisk A/S sued Eli Lilly & Co., accusing its rival of misleading advertising as competition in the US market for obesity drugs ratchets up further.

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Business news • Jul 21

Novo Nordisk sues Eli Lilly, alleging misleading GLP-1 advertising

Novo Nordisk filed a lawsuit against Eli Lilly, alleging that its advertising campaigns for its blockbuster obesity and diabetes drugs are designed to...

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Business news • Jul 21

Concerns grow over AI giants’ hidden debts

Tech stocks rebounded from a recent slump driven by fears of an AI bubble, although concerns are growing about industry giants' off-balance-sheet debt.

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Business news • Jul 21

AAA national gas price tops $4 amid renewed US strikes on Iran

The AAA national average price for regular fuel has surpassed $4 again amid the United States war against the Islamic Republic of Iran.

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Business news • Jul 21

China weighs tighter export controls on AI models and chips

Chinese regulators are considering tightening export controls on artificial intelligence and semiconductor technologies, as the US-China rivalry intensifies...

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Business news • Jul 21

The FCC is planning to retroactively ban disguised DJI gadgets

The FCC is planning to ban “DJI front companies” from continuing to import, distribute, market, and sell their existing drones and cameras.

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Business news • Jul 21

Should You Buy SpaceX Stock 11% Below Its IPO Price?

Space Exploration Technologies (SPCX +3.08%) had a hugely successful IPO in June. The company's shares opened at $150, well above its $135 IPO price.

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Business news • Jul 21

Elon Musk sends first warning to SpaceX short sellers

In a pointed message on X, Elon Musk warned that firms maintaining significant short positions in SpaceX over time face “very low” survival probability.

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Business news • Jul 21

Inflation fears are back in the spotlight as the Middle East conflict keeps oil prices elevated, analysts say

Europe and parts of Asia, which are more reliant on energy imports, will remain more exposed to global headline inflation. A fresh energy shock would leave...

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