Business news

Business news • Jun 18

Accenture: How Earnings and Acquisitions Triggered a Historic Stock Crash

stock suffered its largest single-day percentage decrease on record after the consulting giant posted mixed results for the fiscal third quarter and...

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Business news • Jun 18

Waymo recalls nearly 4,000 robotaxis after cars enter freeway work zones

Waymo recalls nearly 4000 robotaxis after vehicles entered closed freeway construction zones, prompting a software update and freeway-service pause.

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Business news • Jun 18

SpaceX Extends Two-Day Drop a Week After Largest-Ever IPO

SpaceX stock ended higher in its first week of trading, even though its rough ride showed the largest-ever IPO was not immune to the type of share-price...

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Business news • Jun 18

SpaceX shares fall as post-IPO frenzy loses steam

Shares of SpaceX dropped more than 6% on Thursday, as the post-IPO ​frenzy that briefly placed Elon Musk's rockets-to-AI firm among the world's top five...

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Business news • Jun 18

After nearly two decades, this massive New Mexico wind project is now powering California

Nearly two decades in the making, SunZia — an $11-billion New Mexico wind-and-transmission project — is now online, sending new clean power to Arizona and...

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Business news • Jun 18

Subaru announces 2027 Solterra EV prices remain under $40,000 after a major upgrade

After a complete overhaul in 2026, the 2027 Subaru Solterra will go on sale at the same price, starting at under $40,000.

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Business news • Jun 18

Environmental damages of the top ten percent consumers exceed global climate and biodiversity funding gaps

The top 10% of global consumers is disproportionately responsible for transgressing planetary boundaries, causing damages for which broader society bears...

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Business news • Jun 18

Moderna's mRNA flu vaccine backed by FDA advisers

Advisers to the U.S. Food and Drug Administration on Thursday backed approval of Moderna's flu vaccine for adults aged ‌50 and older, saying its benefits...

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Business news • Jun 18

Accenture CEO Julie Sweet says AI transformation will 'take some time' as stock price takes another hit

Accenture CEO Julie Sweet says the company's AI strategy will pay off in the longterm.

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Business news • Jun 18

FDA panel recommends Moderna’s mRNA flu shot for older adults

The vaccine was found to be about 27% more effective than the standard flu shot in a late-stage trial. The FDA and the CDC still must sign off on the...

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Business news • Jun 18

Education Department cuts student loan interest rate

The Education Department said Thursday it will reduce interest rates by 1 percent on student loans for borrowers enrolled in automatic payments starting at...

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Business news • Jun 18

FDA advisory panel endorses Moderna mRNA flu vaccine that was subject of controversy

A panel of advisers to the Food and Drug Administration gave its endorsement Thursday to a seasonal mRNA flu vaccine that was developed by Moderna and that...

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Business news • Jun 18

FDA Votes in Favor of Benefit-Risk Profile for Moderna’s Flu Vaccine

Advisory committee votes benefits exceed the risks for the prevention of flu in adults 50 through 64 years old, and in adults 65 and older.

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Business news • Jun 18

SpaceX bankers prepare for potential $20 billion bond offering, sources say

June 18 (Reuters) - SpaceX's bankers are preparing to ​meet investors as early as next week to discuss ‌a bond offering of at least $20 billion, two sources...

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Business news • Jun 18

California solar is crushing natural gas this year

California solar generated more electricity than natural gas on 82% of days in 2026 as battery storage surged.

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Business news • Jun 18

Safeguards For How To Invest In The SpaceX IPO And Beyond

As SpaceX and Deep Fission go public and Anthropic and OpenAI look to follow, learn these rules for how to invest in IPO stocks.

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Business news • Jun 18

What to look for before buying your first ETF

ETFs provide affordable access to sectors like space exploration and dividends, but investors should consider one important question before buying their...

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Business news • Jun 18

Amazon investigating engineers who criticized AI data center expansion

Amazon is investigating three engineers who spoke at recent Seattle City Council meetings about a one-year AI data center moratorium.

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Business news • Jun 18

Bernie Sanders’ New AI Bill Would Pay Americans $1,000 a Year

Bernie Sanders is making the case in Washington that since modern AI systems were built using the intellectual and creative outputs of all of humanity,...

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Business news • Jun 18

White House talks with Anthropic shift to setting AI security rules

The White House and Anthropic are working on a framework that would assess the severity of security flaws in new AI models and guide potential government...

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