business News
Stay updated with the latest business news, articles, and updates.
StubHub IPO: Pricing Expected Tonight; Stock Begins Trading Tomorrow - Barron's

Legacy Cannabis in Duluth opens for recreational sales Tuesday ... at 4:20 p.m. - Star Tribune
The Lincoln Park shop has been prepared to sell product from White Earth for weeks.

Fed Rate Cut to Mark Pivot Toward Job Market: Decision-Day Guide - Bloomberg.com
Federal Reserve officials are expected to backstop a faltering US labor market by lowering interest rates Wednesday, marking a shift after worries about tariff-induced inflation kept them on hold all year.
Rivian Is Building a Georgia Factory in the Face of an EV Slump - The Wall Street Journal
The plant, scheduled to open in 2028, would support the company’s R2 sport-utility vehicle and smaller R3 crossover model

Analysts Raise Nvidia Stock Price Forecasts despite China Risk - TipRanks
Nvidia’s stock ($NVDA) slipped both Monday and Tuesday after news that China’s State Administration for Market Regulation is investigating its 2020 acquisition of M...

Goldman Sachs (GS) and Morgan Stanley Secure Victory in Appeal Tied to Archegos Collapse - TipRanks
Goldman Sachs ($GS) and Morgan Stanley ($MS) have won an appeal filed by stock investors who claimed that insider trading by the Wall Street giants played a role in...

Introducing Stargate UK - OpenAI
OpenAI, NVIDIA, and Nscale launch Stargate UK, a sovereign AI infrastructure partnership delivering up to 50,000 GPUs and the UK’s largest supercomputer to power national AI innovation, public services, and economic growth.
Eli Lilly to build $5 billion drug manufacturing plant in Virginia - The Washington Post
Eli Lilly, the nation’s biggest drugmaker, announced plans for a 650-employee facility outside Richmond, part of a long-term goal to boost domestic manufacturing.

Ex-NY state tax auditor implicated in strip club bribery scheme - Times Union
Attorney General Letitia James's office alleges company leaders bribed a state tax auditor with trips to Florida strip clubs.

Why are Oregon gas prices so high? Confluence of factors sends prices skyrocketing - OregonLive.com
The Olympic Pipeline, which transports fuel from Washington to Oregon, sent gas prices rocketing when it shut down.

Sam Altman says ChatGPT will stop talking about suicide with teens - The Verge
He made the announcement ahead of a Senate panel on chatbots’ harm to minors.

Bond Traders Boost Bets on Half-Point Fed Rate Cuts by Year-End - Bloomberg.com
Bond traders are stepping up options wagers that the Federal Reserve will deliver at least one half-point interest-rate cut across this year’s three remaining policy meetings.

Warner Bros. Discovery Stock (NASDAQ:WBD) Plunges After TD Cowen Cut - TipRanks
Entertainment giant Warner Bros. Discovery ($WBD) has had a pretty good run of things recently, especially as potential buyout plans emerged from several different ...

Cardano’s $3.50 price target: Technical analysis shows ADA’s breakout is imminent - AMBCrypto
Cardano's shot at $3.50: Dream run or dead end?

A new challenge for emergency workers: Learning how to handle a robotaxi - The Washington Post
Police and firefighters are getting trained on how to respond to emergencies involving self-driving cars — or pull them over in a traffic stop.

US companies put brakes on hiring after Donald Trump’s tariffs hit - Financial Times
Industries most exposed to rising costs caused by trade wars launch wave of job cuts
What You Need to Know About Fume Events on Airplanes - The Wall Street Journal

Here's How Two People Were Photographed Washing Their Miata in the Shadow of Ground Zero - The Drive
This pair washing their Miata near Ground Zero was a slice of normalcy in a chaotic post-9/11 New York.

Oregon mass layoffs approach Great Recession levels - OregonLive.com
Employers are averaging more than 600 Oregon layoffs a month so far this year. The state's labor market is struggling.

Chinese satellite breaks all records and becomes direct threat to Starlink due to its secret technology - supercarblondie.com
There is a Chinese satellite that has been breaking all records and has reportedly become direct competition to Starlink due to its secret technology