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Category: Business

Auto stocks mixed after Trump signs rollback of California EV mandate
Business

Auto stocks mixed after Trump signs rollback of California EV mandate

June 13, 2025

President Trump signed legislation a law California's electric vehicle mandate, which 11 other states adopted and would have required 100%…

Oracle’s Larry Ellison joins exclusive wealth club after one-day $26B fortune surge
Business

Oracle’s Larry Ellison joins exclusive wealth club after one-day $26B fortune surge

June 13, 2025

Oracle co-founder Larry Ellison on Thursday saw an 11-figure surge in his net worth, making his personal fortune worth $243…

Trump reveals the ‘surprising’ moment his friendship with Musk began to unravel
Business

Trump reveals the ‘surprising’ moment his friendship with Musk began to unravel

June 13, 2025

Former confidants Donald Trump and Elon Musk's relationship deteriorated after Musk's departure from the Department of Government Efficiency and criticism…

Sober-curious for the summer? THC-infused beverages are on a high
Business

Sober-curious for the summer? THC-infused beverages are on a high

June 13, 2025

America is at "just the beginning" of a sober-curious shift, as top CEOs of THC-infused beverage brands tout a lifestyle…

Major fast-food giants unveil secret weapons in summer menu battle
Business

Major fast-food giants unveil secret weapons in summer menu battle

June 13, 2025

New fast-food menu items have rolled out at widely-popular chains like McDonald's, Chipotle Mexican Grill and Wendy's in recent months,…

States take legal action as 23andMe attempts to sell customer genetic information amid bankruptcy
Business

States take legal action as 23andMe attempts to sell customer genetic information amid bankruptcy

June 12, 2025

Multiple states and the District Columbia are pushing back on bankrupt 23andMe’s plans to sell customer genetic information in a…

Grocery chain’s distributor suffers cyberattack, disrupting operations
Business

Grocery chain’s distributor suffers cyberattack, disrupting operations

June 12, 2025

United Natural Foods Inc., a distributor for Whole Foods and other grocers, disclosed this week that it suffered a cyber…

JPMorgan CEO Jamie Dimon warns economic conditions may deteriorate soon
Business

JPMorgan CEO Jamie Dimon warns economic conditions may deteriorate soon

June 12, 2025

JPMorgan Chase CEO Jamie Dimon warned U.S. economic conditions could deteriorate soon, undermining a potential soft landing with employment declining…

Major Hollywood studios sue AI company over copyright infringement in landmark move
Business

Major Hollywood studios sue AI company over copyright infringement in landmark move

June 12, 2025

Disney and NBCUniversal are suing Midjourney over the artificial intelligence company's alleged unauthorized use of intellectual property in generated images.…

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Crypto World

1
Cryptocurrency

South Korea’s bank-first stablecoin approach lacks logic, says Kaia chair

October 29, 2025

The Bank of Korea’s push for the banking sector to lead the rollout of won-denominated stablecoins lacks logic, says Dr. Sangmin Seo, the chair of the Kaia DLT Foundation.In a report released on Monday, the…

2
Cryptocurrency

Ethereum’s Fusaka fork primed for mainnet after final testnet debut

October 29, 2025

Ethereum’s next major upgrade, Fusaka, is now live on the blockchain’s final testnet, Hoodi, setting the stage for its Dec. 3 mainnet launch that is slated to add several scalability and security improvements to the…

3
Cryptocurrency

Visa to start supporting stablecoins on four blockchains

October 29, 2025

Global payments giant Visa is set to roll out support for four stablecoins across four “unique blockchains,” as the firm pushes to ramp up its crypto services.Visa CEO Ryan McInerney told investors on the company’s…

4
Cryptocurrency

Australian regulator gives long-awaited crypto guidance, but concerns remain

October 29, 2025

Australia’s corporate regulator has released updated guidance on digital assets, which blockchain executives have welcomed, while airing concerns on the speedy issuance of licenses.The Australian Securities and Investments Commission updated its Info Sheet 225 on…

Economy

Economy

SK Hynix, a critical Nvidia supplier, has already sold out chips for 2026 as AI demand booms

October 29, 2025
Economy

UBS CEO says strategic investments are paying off as third-quarter profit surges 74%

October 29, 2025
Economy

The Fed has a rate cut plus a bunch of other things on its plate this week. Here’s what to expect

October 29, 2025
Economy

Jensen Huang says Nvidia’s AI chips are now being manufactured in Arizona

October 29, 2025
Economy

Trump says fentanyl tariff cut, ‘farmers,’ Nvidia chips up for discussion with Xi as China confirms meeting

October 29, 2025
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