business News

How Larry Ellison Became the World’s Second-Richest Person - Bloomberg.com

Larry Ellison dropped out of college before co-founding what eventually grew into one of the world’s biggest technology companies: Oracle Corp. The fortune he amassed propelled him to the ranks of the uber-rich.

Oracle Stock Soars 29% After Earnings Reveal Strong AI Backlog. What to Know. - Barron's

Klarna Valuation Tops $15 Billion Ahead of New York Debut - The Wall Street Journal

Rivian CEO says Chinese EV makers aren't doing something 'magical' to achieve cheaper vehicles - Business Insider

Rivian CEO RJ Scaringe said Chinese automakers can take advantage of low labor costs and domestic subsidies to an extent Western competitors cannot.

Who is Lachlan Murdoch, the anointed media tycoon? - NPR

His position in leading News Corp. and Fox is now secure, as his father ends a dramatic succession battle. Lachlan grew up in New York City but has lived in Australia for much of his adult life.

I created my own AI medical team. It changed the way doctors treat my cancer. - statnews.com

The collaboration between my doctors and me, powered by AI, reshaped my cancer treatment.

I'm a 28-year-old Gen Zer who bought an apartment in NYC. It was easier than I expected. - Business Insider

Like many other Gen Z homeowners, I bought my NYC apartment as a single buyer. Affordability is a major issue for Gen Z, but here's how I handled it.

Trump Goes Full MAGA on Jobs for Black Workers - counterpunch.org

Donald Trump has made no secret of his longing for a time when discrimination against Black people was not just common, but totally legal. His policies as

Novo Nordisk Will Cut 9,000 Jobs Globally to Save $1.3 Billion - Bloomberg

Novo Nordisk A/S will slash 9,000 jobs globally and cut its profit forecast for the third time this year as it fights to recover ground lost to its more efficient rival Eli Lilly & Co. in the booming obesity drug market.

China slips back into deflation as economy shows signs of cooling - Financial Times

Beijing has tried to rein in industrial overproduction and boost spending to combat falling prices

Ford rolls out new ad campaign amid industry-wide uncertainty - CNBC

Ford rolled out a new ad campaign on Wednesday, marking the first global unification of its brand in decades.

Federal judge blocks Trump from firing Fed Governor Lisa Cook, for now - NPR

Federal Reserve Governor Lisa Cook won a round in federal court in her bid to keep her job despite President Trump's effort to fire her.

Dow Jones Futures: Oracle Soars On Huge Backlog; Palantir Leads Buys As Nasdaq Hits High - Investor's Business Daily

Meta covered up potential child harms, whistleblowers claim - BBC

Meta denies the allegations and described the "claims at the heart" of the Senate hearing as "nonsense".

Arm Announces Lumex Platform With C1 CPUs Boasting SME2, Mali G1-Ultra GPU - Phoronix

Arm this evening lifted the lid on Lumex, their new compute subsystem platform that is purpose-built around AI for next-gen PCs and smartphones.

Judge blocks Trump from firing Fed Governor Lisa Cook while her lawsuit plays out - CNBC

The Supreme Court is likely to have the final say on whether President Donald Trump has legal cause to remove Lisa Cook from the Federal Reserve.

China's consumer prices fall more than expected in August as deflation woes persist - CNBC

China's consumer prices fell more than expected in August while deflation in factory-gate prices persisted, as calls mounted for Beijing to ramp up stimulus measures.

Billionaire fund manager sends dire message on Fed - TheStreet

The Wall Street veteran delivered a blunt message.

Klarna, Backers Raise $1.37 Billion in US IPO Priced Above Range - Bloomberg

Klarna Group Plc and some of its shareholders raised $1.37 billion in an initial public offering priced above a marketed range, kicking off what is likely to be one of the best weeks of the year for US listings.

S&P 500 futures up slightly ahead of inflation data, Oracle forecast looks to spark AI trade: Live updates - CNBC

The major averages closed at new record highs on Tuesday.