business News

Nine of the largest pharma companies ink deals with Trump to lower drug prices - CNBC

President Donald Trump has pushed to lower drug prices for Americans, which are on average nearly three times higher than overseas.

These are expected to be the busiest days to fly this holiday season - CBS News

This year has already seen eight of the busiest air travel days in TSA history. Could a December date join them?

Rocket Lab’s stock blasts to a new high. Here’s what’s driving the surge. - MarketWatch

The rocket-launch company just completed a government contract months ahead of schedule — and won a new one

OpenAI’s Stargate Data Center Approved in Michigan as American Anger Starts to Boil - Gizmodo

The data center backlash has begun.

PCAOB to Cut Chair’s Pay by More Than Half Amid SEC Pressure - The Wall Street Journal

Union Pacific, Norfolk Southern File for Merger Approval From Surface Transportation Board - The Wall Street Journal

Instacart agrees to refund subscribers $60 million in FTC settlement - Ars Technica

The grocery app will also stop hiding refund options and obscuring delivery costs.

Black employment milestone evaporates - Axios

Labor market conditions for Black Americans are worsening more rapidly than they are for the overall population.

Nasdaq rises 1% as AI trade tries to end year on high note: Live updates - CNBC

The S&P 500 and Dow Jones Industrial Average both snapped their four-day losing streaks in Thursday's regular trading.

Visa, Mastercard to pay $167.5 million in ATM user fee settlement​ - CNBC

Visa and Mastercard have agreed to pay a combined $167.5 million to settle a class action lawsuit accusing them of conspiring to keep ATM access fees high.

Morgan Stanley seen as front-runner for SpaceX IPO, sources say - Yahoo Finance

Morgan Stanley is emerging as a leading contender for a key role in SpaceX's blockbuster initial public offering, as the bank's close ties to CEO Elon Musk...

Asian Shares to Rise as US CPI Lifts Stocks, Bonds: Markets Wrap - Bloomberg.com

The last stretch of a busy week for markets saw stocks climbing while traders faced the expiration of a record pile of options that threatened to amplify price swings. Bitcoin jumped. Bonds fell.

CONGRESSMAN PAT RYAN DEMANDS FTC INVESTIGATION INTO COLLECTORS HOLDINGS’ ATTEMPT TO MONOPOLIZE TRADING CARD GRADING - House.gov

Collectors’ dominance is compounded by vertical integration; it controls grading capacity, pricing analytics through CardLadder, and participates in buying and selling graded cards—creating severe conflicts of interest

34-year-old entrepreneur earns $200 an hour from side gig training AI models: 'Intellectual curiosity drew me in' - CNBC

Utkarsh Amitabh is a founder, author and Ph.D. candidate who spends 3.5 hours a day, on average, training AI models for tech startup micro1.

American Airlines makes basic economy less rewarding - Axios

American Airlines will no longer award AAdvantage miles or Loyalty Points on basic economy fares.

How Ford’s bet on an electric ‘truck of the future’ led to a $19.5bn writedown - Financial Times

The F-150 Lightning economics did not add up but also reflected industry-wide miscalculation of US EV uptake

6 Scary Predictions for AI in 2026 - WIRED

Could the AI industry be on the verge of its first major layoffs? Will China spread propaganda to slow the US data-center building boom? Where are AI agents headed?

French court rejects Shein website ban over childlike sex dolls - BBC

The fast-fashion giant welcomed the judgement and said its priority remains protecting French consumers.

American Airlines stops offering miles and other rewards for basic economy fares - CBS News

Members of the carrier's AAdvantage loyalty program no longer earn miles or status points when purchasing a basic ticket.

MTA unveils new turnstiles to crack down on subway train fare evaders - ABC7 New York

We've all seen people jumping over the turnstiles to avoid paying for their train rides, but it's soon going to be more difficult for fare beaters to do that.