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Investors Eye Fed Signals Amid Tech Volatility

Investors will be closely watching for clues about potential interest-rate hikes and early signs of a pivotal earnings season next week. The S&P 500 rose by 14.9% in the second quarter, its best performance since 2020, but tech shares—particularly semiconductors—experienced steep declines at the end

Yesterday 8:24 AM ET Est. Read: 2 Mins

12 articles from 3 publishers

BusinessLegal

Alibaba to Pay $600M for Illegal Pharmaceutical Sales

Alibaba Group Holding Limited and its U.S.-based processor, AUS Merchant Services, will pay $600 million for allowing merchants to sell illegal pharmaceuticals on their platforms. The settlement resolves allegations that the companies violated federal laws by failing to prevent over 80,000 product s

Jul 2, 4:38 PM ET Est. Read: 2 Mins

3 articles from 3 publishers

BusinessCorporate

Tesla Delivers Record Q2 Vehicles Amid Europe Recovery

Tesla reported record second-quarter deliveries that surpassed Wall Street expectations, with 480,126 vehicles delivered between April and June. This represents a 25% increase year-over-year , according to multiple reports. The strong performance was driven primarily by recovering demand in Europe,

Jul 2, 12:50 PM ET Est. Read: 2 Mins

8 articles from 5 publishers

More Business Summaries

Antitrust

EU Court Upholds €4.1B Fine Against Google for Android Abuse

Europe's highest court has upheld a €4.1 billion fine imposed on Alphabet Inc.'s Google , confirming an earlier EU antitrust ruling that found the company abused its dominance with Android. The Court of Justice of the European Union dismissed Google's appeal against the 2018 penalty, which was initi

Jul 2, 5:25 AM ET·2 min read

6 articles from 5 publishers

Corporate

Defense Startups Innovate with Auto, Fracking Parts

Defense tech startups are repurposing automotive chips and fracking pipes in an effort to deliver weapons to the Pentagon faster and at lower cost. According to Reuters, these startups are copying production methods from drugmakers as well, aiming to meet soaring demand for rocket motors used in mis

Jul 1, 6:58 PM ET·2 min read

3 articles from 3 publishers

Corporate

Kroger to Acquire Giant Eagle for $1.65B

Kroger has reached a $1.65 billion agreement to acquire regional grocery chain Giant Eagle, according to multiple reports. The deal includes 197 supermarkets and 11 standalone pharmacies across Ohio, Pennsylvania, West Virginia, Maryland, and Indiana. The acquisition was unanimously approved by Krog

Jul 1, 1:09 PM ET·2 min read

6 articles from 5 publishers

Automotive

Ford Recalls Over 741K Vehicles Due to Park System Defect

Ford Motor Company is recalling 741,195 vehicles in the U.S. due to a defect in the park system that could allow them to roll away unexpectedly, according to federal regulators and multiple reports. The recall affects several models equipped with park-by-wire functionality and 10R80 transmissions: L

Jun 30, 10:33 PM ET·2 min read

3 articles from 3 publishers

Economy

DOJ Settles with Egg Producers Over Price Manipulation

The U.S. Department of Justice (DOJ) and a coalition of 17 states have reached a settlement with three major egg producers—Cal-Maine Foods, Versova Holdings, and Hickman's Egg Ranch—to resolve allegations that the companies colluded to manipulate egg prices between June 2022 and March 2025. The agre

Jun 30, 2:54 PM ET·2 min read

5 articles from 4 publishers

Trade

EU Cuts Steel Imports to Protect Industry

The European Union has announced significant changes to its steel import policies, halving the amount of duty-free steel it will accept from abroad starting July 2026. The new measures aim to protect domestic industries amid concerns over global overcapacity and include doubling tariffs to 50% for a

Jun 30, 7:25 AM ET·4 min read

14 articles from 4 publishers

Corporate

Rocket Lab Acquires Iridium for $8 Billion

Rocket Lab has announced an $8 billion acquisition of satellite communications company Iridium, marking a significant move into the satellite-based mobile phone market according to multiple reports. The Long Beach rocket-and-satellite maker is acquiring Iridium, which provides critical communication

Jun 29, 7:32 PM ET·2 min read

7 articles from 3 publishers

Corporate

Comcast to Split into Two Public Companies

Comcast announced on Monday that it will split into two publicly traded companies by spinning off NBCUniversal and Sky. This separation aims to allow each business to pursue its own strategy, invest for growth, and create shareholder value. The standalone entertainment and media company under the NB

Jun 29, 8:28 AM ET·3 min read

9 articles from 9 publishers

Technology

Tech Giants Face Investor Skepticism Over AI Spending

Major technology companies are facing investor skepticism as they pour billions into artificial intelligence (AI) infrastructure. According to Los Angeles Times , Alphabet, Amazon, Meta Platforms, and Microsoft plan to spend up to $720 billion this year primarily on AI data centers. However, investo

Jun 27, 12:36 AM ET·2 min read

4 articles from 3 publishers

Corporate

Volkswagen to Cut Jobs, Close Plants in Major Restructuring

Volkswagen is bracing for a high-stakes boardroom showdown as it prepares to implement its largest-ever restructuring effort, including cutting up to 100,000 jobs worldwide and closing four German factories. The company employs more than 657,000 people across all its brands and aims to reduce invest

Jun 26, 8:39 AM ET·5 min read

17 articles from 5 publishers

Automotive

US Bans Polestar EVs From 2027 Over China Ties

The US Commerce Department has denied Polestar authorization to sell vehicles starting with the 2027 model year as part of a broader crackdown on Chinese electric vehicles. The Connected Vehicles Rule , adopted in January 2025 under President Joe Biden and maintained by President Donald Trump, restr

Jun 26, 4:02 AM ET·2 min read

3 articles from 3 publishers

Corporate

JPMorgan Names Petno, Rohrbaugh Co-Presidents

JPMorgan Chase has named Doug Petno and Troy Rohrbaugh as co-presidents, marking a significant step in the bank's long-term succession planning. The promotions come as CEO Jamie Dimon approaches two decades at the helm of Wall Street's largest financial institution. The leadership shuffle places Pet

Jun 25, 1:07 PM ET·1 min read

3 articles from 3 publishers

Economy

MSCI Retains South Korea as Emerging Market

MSCI retained South Korea’s status as an emerging market, citing long-standing accessibility issues related to the onshore foreign exchange market. The decision comes despite recent reforms by Korean authorities, which MSCI acknowledged but noted would require time for evaluation. The KOSPI index pl

Jun 23, 8:30 PM ET·2 min read

13 articles from 3 publishers

Energy

U.S. to Fund $17.5B in Nuclear Reactor Loans

The U.S. Department of Energy announced a $17.5 billion loan initiative to accelerate the development of 10 new large-scale nuclear reactors , aiming to meet skyrocketing power demands from data centers and other energy-intensive industries, according to multiple reports. Energy Secretary Chris Wr

Jun 23, 6:21 PM ET·2 min read

3 articles from 3 publishers

Technology

Tech Stocks Plunge Amid AI Spending Concerns

Tech stocks experienced a significant selloff on Tuesday as doubts about the value of AI spending and high valuations weighed heavily. The Nasdaq index fell over 2%, with key companies like Nvidia, Alphabet, and Micron seeing substantial drops. Among the biggest losers was chip maker Micron Technolo

Jun 23, 4:25 PM ET·3 min read

29 articles from 5 publishers

Economy

Seed Patents Stifle Competition, Innovation

The United States is one of the few countries that permits corporations to hold patents on plant varieties, leading to a concentration of market power in the hands of a small number of companies. According to multiple sources, this practice stifles competition and innovation within the agriculture i

Jun 23, 12:23 PM ET·2 min read

3 articles from 3 publishers

Corporate

Zuckerberg Invests $900M in CRED; Shah to Lead WhatsApp

Meta Platforms' Mark Zuckerberg has invested $900 million for a 20% stake in Indian fintech company CRED, while its founder Kunal Shah will become the new CEO of WhatsApp. The move aims to boost WhatsApp's financial services in India, where it lags behind competitors like PhonePe and Google Pay. Acc

Jun 23, 8:34 AM ET·2 min read

4 articles from 3 publishers

Automotive

Nissan Halts Qashqai EV Development Amid Cost Cuts

Nissan has reportedly stopped developing a fully electric version of its Qashqai model, according to The Guardian , TimesLIVE , and Reuters . The Japanese automaker is cutting costs and reducing its lineup by 15 models. Development of the electric Qashqai was halted last year at Nissan's Sunderland

Jun 23, 4:25 AM ET·2 min read

3 articles from 3 publishers

Markets

SpaceX Stock Volatility Continues Amid Tech Selloff

SpaceX's stock has experienced significant volatility since its record-breaking initial public offering (IPO) on June 12, with shares initially surging nearly 40% from the IPO price of $135. However, the company's market capitalization dropped below $2 trillion for the first time since its debut, lo

Jun 22, 7:18 AM ET·2 min read

18 articles from 6 publishers

Corporate

Epstein Files Reveal Corporate Ties

The release of over 3 million pages of Jeffrey Epstein-related documents by the U.S. Department of Justice has revealed extensive connections between the disgraced financier and corporate America, with significant consequences for governance and share prices. According to research conducted by schol

Jun 20, 8:52 AM ET·1 min read

3 articles from 3 publishers

Corporate

California Fights AT&T's Plan to End Landline Service

California has asked a U.S. court and the Federal Communications Commission (FCC) to reject AT&T's request to discontinue traditional copper wire phone service for new customers, according to Reuters . The California Public Utilities Commission (CPUC) argues that AT&T is attempting to avoid

Jun 18, 6:38 PM ET·2 min read

3 articles from 3 publishers

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Business

Investors Eye Fed Signals Amid Tech Volatility

Alibaba to Pay $600M for Illegal Pharmaceutical Sales

Tesla Delivers Record Q2 Vehicles Amid Europe Recovery

EU Court Upholds €4.1B Fine Against Google for Android Abuse

Defense Startups Innovate with Auto, Fracking Parts

Kroger to Acquire Giant Eagle for $1.65B

Ford Recalls Over 741K Vehicles Due to Park System Defect

DOJ Settles with Egg Producers Over Price Manipulation

EU Cuts Steel Imports to Protect Industry

Rocket Lab Acquires Iridium for $8 Billion

Comcast to Split into Two Public Companies

Tech Giants Face Investor Skepticism Over AI Spending

Volkswagen to Cut Jobs, Close Plants in Major Restructuring

US Bans Polestar EVs From 2027 Over China Ties

JPMorgan Names Petno, Rohrbaugh Co-Presidents

MSCI Retains South Korea as Emerging Market

U.S. to Fund $17.5B in Nuclear Reactor Loans

Tech Stocks Plunge Amid AI Spending Concerns

Seed Patents Stifle Competition, Innovation

Zuckerberg Invests $900M in CRED; Shah to Lead WhatsApp

Nissan Halts Qashqai EV Development Amid Cost Cuts

SpaceX Stock Volatility Continues Amid Tech Selloff

Epstein Files Reveal Corporate Ties

California Fights AT&T's Plan to End Landline Service

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Company

Business

Investors Eye Fed Signals Amid Tech Volatility

Alibaba to Pay $600M for Illegal Pharmaceutical Sales

Tesla Delivers Record Q2 Vehicles Amid Europe Recovery

EU Court Upholds €4.1B Fine Against Google for Android Abuse

Defense Startups Innovate with Auto, Fracking Parts

Kroger to Acquire Giant Eagle for $1.65B

Ford Recalls Over 741K Vehicles Due to Park System Defect

DOJ Settles with Egg Producers Over Price Manipulation

EU Cuts Steel Imports to Protect Industry

Rocket Lab Acquires Iridium for $8 Billion

Comcast to Split into Two Public Companies

Tech Giants Face Investor Skepticism Over AI Spending

Volkswagen to Cut Jobs, Close Plants in Major Restructuring

US Bans Polestar EVs From 2027 Over China Ties

JPMorgan Names Petno, Rohrbaugh Co-Presidents

MSCI Retains South Korea as Emerging Market

U.S. to Fund $17.5B in Nuclear Reactor Loans

Tech Stocks Plunge Amid AI Spending Concerns

Seed Patents Stifle Competition, Innovation

Zuckerberg Invests $900M in CRED; Shah to Lead WhatsApp

Nissan Halts Qashqai EV Development Amid Cost Cuts

SpaceX Stock Volatility Continues Amid Tech Selloff

Epstein Files Reveal Corporate Ties

California Fights AT&T's Plan to End Landline Service

Explore Topics

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