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BYD car sales soar as Tesla struggles in Europe - Financial Times
business

BYD car sales soar as Tesla struggles in Europe - Financial Times

Chinese manufacturer sold just under 1mn passenger vehicles in first quarter

Financial TimesKana Inagaki
Lip-Bu Tan says Intel will spin off noncore units - TechCrunch
business

Lip-Bu Tan says Intel will spin off noncore units - TechCrunch

At a recent Intel conference, Tan made no mention of breaking up the company, and said that Intel will launch new products like custom semiconductors.

TechCrunchRebecca Szkutak
Eli Lilly sues two pharmacies making copycat Zepbound, Mounjaro - CNBC
business

Eli Lilly sues two pharmacies making copycat Zepbound, Mounjaro - CNBC

Eli Lilly is suing Strive Pharmacy and Empower Pharmacy for compounding tirzepatide, the active ingredient in Zepbound and Mounjaro.

CNBCAngelica Peebles
Investors flock to gold funds as fears over Trump tariffs mount - Financial Times
business

Investors flock to gold funds as fears over Trump tariffs mount - Financial Times

Biggest inflow since onset of pandemic pushes bullion to fresh highs as traders hunt for haven assets

Financial TimesLeslie Hook, Ian Smith
Italy Probes Possible Anarchist Link in Rome Tesla Dealer Fire - Bloomberg.com
business

Italy Probes Possible Anarchist Link in Rome Tesla Dealer Fire - Bloomberg.com

Italian authorities are investigating a possible anarchist motive behind a fire at a Tesla Inc. dealership in Rome.

BloombergDonato Paolo Mancini
Crumbling trust in American institutions: A MAHA activist takes on Girl Scout cookies : Planet Money - NPR
business

Crumbling trust in American institutions: A MAHA activist takes on Girl Scout cookies : Planet Money - NPR

A controversial study raised the specter that Girl Scout cookies are unsafe. Authorities say they are safe, but the whole saga highlights a breakdown of trust in American institutions.

NPR
Tesla short is a new Q2 conviction call at Wells Fargo - Investing.com
business

Tesla short is a new Q2 conviction call at Wells Fargo - Investing.com

Tesla short is a new Q2 conviction call at Wells Fargo

Investing.comSam Boughedda
Why this strategist says there’s still one last hurrah for the stock market before it falters - MarketWatch
business

Why this strategist says there’s still one last hurrah for the stock market before it falters - MarketWatch

But an inverted yield curve spells trouble for investors later this year

MarketWatchBarbara Kollmeyer
New Billionaires 2025: Schwarzenegger, Seinfeld, Springsteen And 285 Others Join The Ranks This Year - Forbes
business

New Billionaires 2025: Schwarzenegger, Seinfeld, Springsteen And 285 Others Join The Ranks This Year - Forbes

Meet the newest members of the three-comma club.

ForbesGenna Contino
business

Tesla Stock Rises Amid Delivery Fears. Where Shares Go Next. - Barron's

Barron'sBarron's
OpenAI’s now worth more than Chevron after SoftBank funding round - MarketWatch
business

OpenAI’s now worth more than Chevron after SoftBank funding round - MarketWatch

SoftBank seeking co-investors for a quarter of its $40 billion funding of OpenAI

MarketWatchSteve Goldstein
Japan’s Ishiba says he will push for US auto tariffs exemption - AP News
business

Japan’s Ishiba says he will push for US auto tariffs exemption - AP News

Japan’s Prime Minister Shigeru Ishiba says his government is making last ditch efforts to get U.S. President Donald Trump to exclude his country from an increase in auto tariffs due to take effect this week. Ishiba told reporters he is willing to fly to Washi…

Associated PressMari Yamaguchi
Why is China angry about a plan to sell two ports on the Panama Canal? - Al Jazeera
business

Why is China angry about a plan to sell two ports on the Panama Canal? - Al Jazeera

Beijing’s displeasure over conglomerate’s plans highlights tightening business environment in Hong Kong.

Al Jazeera EnglishErin Hale
Asia stocks rise tracking Wall St ahead of Trump tariffs; RBA holds rates - Investing.com
business

Asia stocks rise tracking Wall St ahead of Trump tariffs; RBA holds rates - Investing.com

Asia stocks rise tracking Wall St ahead of Trump tariffs; RBA holds rates

Investing.comAyushman Ojha
Rocket Companies to acquire Mr. Cooper in bombshell $9.4B deal - HousingWire
business

Rocket Companies to acquire Mr. Cooper in bombshell $9.4B deal - HousingWire

Rocket Companies has agreed to buy Mr. Cooper, America's largest mortgage servicer, in the biggest mortgage deal in the post- Dodd-Frank era.

HousingWireJames Kleimann
business

Johnson & Johnson’s Third Bankruptcy Case for Talc Lawsuits Thrown Out - WSJ

The Wall Street JournalWSJ
Can Shiba Inu break $0.000015 again after dropping 12% in a month? - AMBCrypto
business

Can Shiba Inu break $0.000015 again after dropping 12% in a month? - AMBCrypto

Shiba Inu buyers are back in the market to buy the dip giving hope for a short term price recovery.

Ambcrypto.comGladys Makena
Elon Musk says he sent MAGA influencer Ashley St. Clair $2.5 million, open to paternity test - The Hill
business

Elon Musk says he sent MAGA influencer Ashley St. Clair $2.5 million, open to paternity test - The Hill

Tech billionaire Elon Musk and conservative influencer Ashley St. Clair publicly feuded on X on Monday after she accused the world’s richest man of withdrawing childcare support and refusing to take a paternity test. Musk defended himself against those claims…

The HillSarah Fortinsky
US Chip Grants In Limbo as Lutnick Pushes for Bigger Investments - Bloomberg.com
business

US Chip Grants In Limbo as Lutnick Pushes for Bigger Investments - Bloomberg.com

Commerce Secretary Howard Lutnick has signaled he could withhold promised Chips Act grants as he pushes for companies in line for federal semiconductor subsidies to substantially expand their US projects, according to eight people familiar with the matter.

BloombergMackenzie Hawkins, Ian King
J&J Effort to Use Bankruptcy to End Talc Cancer Claims Rejected - Bloomberg.com
business

J&J Effort to Use Bankruptcy to End Talc Cancer Claims Rejected - Bloomberg.com

A federal judge rejected Johnson & Johnson’s third attempt to use bankruptcy to set up a multibillion-dollar trust fund to pay women who claim they got cancer using baby powder and other products allegedly tainted with a toxic substance.

BloombergSteven Church, Jonathan Randles, Jef Feeley