Business news

Business news • Jul 16

AST SpaceMobile Stock Fall Is About More Than SpaceX

AST SpaceMobile stock has fallen almost 30% in the past three months and its latest debt offering isn't helping. It is a rival to SpaceX's Starlink.

4 0 0

Business news • Jul 16

SpaceX stock closes below its IPO price for the first time since it went public

Shares of SpaceX continued their sharp descent Thursday and closed below the company's IPO price for the first time since its June public offering.

5 0 0

Business news • Jul 16

Can the Fed lower inflation? 5 takeaways from Warsh on Capitol Hill.

In two congressional hearings dominated by questions on artificial intelligence and central bank independence, Federal Reserve Chair Kevin Warsh kept his...

5 0 0

Business news • Jul 16

Trump Media to sell faster access to top Truth Social accounts: "Markets already move on Truth Social posts"

Washington — President Trump's media company will sell faster access to Truth Social posts, where the president often announces policy updates and...

4 0 0

Business news • Jul 16

Cyclosporiasis outbreak linked to shredded lettuce served at some Taco Bell locations: Source

The locations were in Indiana, Kentucky, Michigan, Ohio and West Virginia.

4 0 0

Business news • Jul 16

Tillis shouts at Vought, tired of picking up ‘DOGE s‑‑‑ because people did it wrong’

Sen. Thom Tillis slammed OMB Director Russell Vought during a hearing, questioning the lack of concrete achievements from the defunct Dept. of Govt.

5 0 0

Business news • Jul 16

Google Gemini launch delayed as tech falls short of internal goals, Bloomberg News reports

Alphabet's Google is months behind schedule on the release of Gemini 3.5 Pro, its most powerful flagship AI model, as ​the tech giant works to improve its...

4 0 0

Business news • Jul 16

General Mills pulls more than 735,000 Pillsbury rolls from shelves over possible glass contamination

General Mills is pulling more than 735,000 Pillsbury bread rolls from shelves due to concerns the products may contain glass.

7 0 0

Business news • Jul 16

Crypto regulatory text expected to be released Thursday does not have Senate Democrat support

Senators are planning to release the updated text of a cryptocurrency regulatory bill shortly after a meeting with President Donald Trump on Thursday...

5 0 0

Business news • Jul 16

Mortgage rates jump to highest level in almost a year

Mortgage rates rose this week, according to data from Freddie Mac released Thursday. The average rate on the 30-year fixed mortgage is 6.55%, up from 6.49%...

5 0 0

Business news • Jul 16

Certification progress reported on 737 MAX models, 777-9

After years of flight testing, analysis and regulatory engagement, Boeing leaders say the path to certification for new 737 MAX models and the 777-9 has...

5 0 0

Business news • Jul 16

7-Eleven details plans to close 645 stores

7-Eleven parent company Seven & i Holdings details plans to close 645 convenience stores, and convert 350 to fuel sites and 390 to franchises amid declining...

4 0 0

Business news • Jul 16

Kalshi to offer betting on drug trial results and FDA regulatory decisions

Move comes as prediction platforms rapidly gain popularity and offer opportunities to bet on virtually anything.

5 0 0

Business news • Jul 16

Dallas Fed President Logan calls for 'modestly' higher interest rates

Dallas Federal Reserve President Lorie Logan pushed Thursday for "modestly" higher interest rates she said are necessary to bring inflation back to the...

5 0 0

Business news • Jul 16

Uber’s $14.8B Delivery Hero deal would nearly double its global footprint

Uber has agreed to acquire Delivery Hero in a $14.8 billion all-stock deal that would nearly double the company's global footprint and create one of the...

5 0 0

Business news • Jul 16

Why Stripe’s $53 billion PayPal bid is a high-stakes play to own the future of digital payments

A potential $53 billion acquisition of PayPal (PYPL) by payments rival Stripe has reignited debate over what holds the keys to the next generation of...

5 0 0

Business news • Jul 16

‘You don’t want to be left holding the bag’: Jim Cramer is bullish on SK Hynix, but warns of a boom-and-bust risk

While SK Hynix's Nasdaq debut offers a new way to bet on the AI boom, Cramer advises investors to be cautious.

4 0 0

Business news • Jul 16

How Nike’s Diversity Efforts Made It a Trump Target

In May 2024, Andrea Lucas, a commissioner on the Equal Employment Opportunity Commission, sent a 26-page memo to several agency officials, arguing that Nike...

5 0 0

Business news • Jul 16

I’ve spent years testing air purifiers – these three are the best in the US to detox the air in your home

Wildfire smoke, pet dandruff and cooking fumes can all pollute the air in your home. Winix, Shark and Dyson make the top air purifiers to fix that.

5 0 0

Business news • Jul 16

Netflix stock falls as earnings forecast disappoints, company says it will give fewer engagement updates

The streaming giant said it would cut back on the frequency of its "What We Watched" reports, which provide a picture of engagement.

5 0 0