Business news

Business news • Jun 13

4 things to know about the new sunscreen ingredient the FDA approved

The Food and Drug Administration approved a new sunscreen ingredient in the U.S. for the first time in 20 years. It's been used for decades in Europe and...

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Business news • Jun 13

‘Open season’ on ABC as FCC moves up public comment process for renewals

Order represents one of the most significant actions the Trump administration has taken against a media company.

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Business news • Jun 13

America Has a Credit Card Problem, Just Not the One You Think

Consumers overall have manageable card loans, but growth in lending might be too slow.

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Business news • Jun 13

SpaceX workers just hit the jackpot. Now comes the hard part.

SpaceX's blockbuster IPO will ink thousands of new millionaires. Wealth advisors urge them to spend smartly.

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Business news • Jun 13

Despite US Help, Little Oil Has Gone Through Strait of Hormuz

Even as the United States tries to negotiate an end to the war with Iran and open the Strait of Hormuz, President Trump said the U.S. military had been...

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Business news • Jun 13

Warner Bros sale to Paramount gets key approval by justice department

The approval marks a key development in the merger that will reshape media, allowing the continue of the takeover of the Hollywood studio, which owns CNN...

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Business news • Jun 13

Paramount Skydance merger with Warner Bros. Discovery won’t harm competition, consumers, DOJ says

An investigation by the U.S. Justice Department into Paramount Skydance's proposed acquisition of Warner Bros. Discovery has determined that the mammoth...

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Business news • Jun 13

Elon Musk becomes the first trillionaire as SpaceX soars in its market debut

Investors flocked to SpaceX after its blockbuster market debut, lifting Musk's net worth above $1 trillion and into the record books.

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Business news • Jun 13

Anthropic's safety warnings may have just backfired — the government has pulled the plug on its most powerful AI

Anthropic isn't hiding its frustration. "We disagree that the finding of a narrow potential jailbreak should be cause for recalling a commercial model...

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Business news • Jun 13

Anthropic Blocks Foreign Nationals From Using Its Mythos and Fable 5 A.I. Systems

Anthropic said on Friday night that the U.S. government had ordered the company to suspend access for all foreign nationals to its Fable 5 and Mythos 5...

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Business news • Jun 13

SpaceX soars in historic Wall Street debut as stock jumps on record‑setting IPO

SpaceX closed its first day as a publicly traded company with a record‑breaking performance, marking the largest IPO in history.

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Business news • Jun 13

Anthropic Halts Access to Top AI Models After U.S. Ban on Foreign Use

All Fable 5 and Mythos 5 users lose access after Trump administration declares the models security risks.

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Business news • Jun 13

Musk becomes world’s first trillionaire as SpaceX shares soar

Shares in Elon Musk's SpaceX closed almost 20 percent higher on their trading debut Friday after the biggest IPO in history, making the polarizing...

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Business news • Jun 13

Scoop: Trump admin blocks foreign access to Anthropic's most powerful AI

The move marks an escalation in Washington's effort to treat cutting-edge AI systems as national security assets.

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Business news • Jun 13

Why Musk Raced to Take SpaceX Public in the World’s Biggest IPO

Elon Musk and his executives had one overarching message for the army of people working on the SpaceX initial public offering over the past six months:...

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Business news • Jun 13

Meet the regular people making money off SpaceX’s IPO — from a few bucks to a few million

The record-setting SpaceX IPO made Elon Musk a trillionaire. It also paid off for Daniella Rodriguez and millions of other retail investors who had stock.

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Business news • Jun 13

Anthropic disables access to Fable 5 and Mythos 5 to comply with government directive

Anthropic said it disabled access to its Fable 5 and Mythos 5 models to comply with an export control directive from the U.S. government.

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Business news • Jun 13

Anthropic Says US Limits Foreign Access to Fable 5, Mythos 5

Anthropic PBC said the US government has issued an export control directive to suspend all foreign access to its Fable 5 and Mythos 5 artificial...

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Business news • Jun 13

DOJ clears Paramount-Warner Bros merger after 8-month antitrust probe, says deal could boost competition

DOJ closed its antitrust investigation into Paramount Skydance's proposed acquisition of Warner Bros. Discovery, finding the deal would likely strengthen...

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Business news • Jun 13

OpenAI Probed by Coalition of State Attorneys General

OpenAI is under investigation by a coalition of state attorneys general who requested information from the artificial intelligence company on a wide range...

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