business News
Stay updated with the latest business news, articles, and updates.
Author of Upcoming Elon Musk Biography Says ‘There Is No Evidence’ Billionaire Has Any ‘Intellectual Achievements’ - Yahoo
"It does not take intelligence to throw money around and buy a company or buy a politician," Seth Abramson writes The post Author of Upcoming Elon Musk...

11 deaths reported in listeria outbreak linked with supplemental shakes - CNN
An outbreak of listeria infections linked with frozen supplemental shakes has made at least 38 people ill in 21 states, with 37 hospitalizations and 11 deaths, the US Food and Drug Administration said Friday.
Cryptocurrency exchange says it was victim of $1.5 billion hack - The Associated Press
A major cryptocurrency exchange says it was the victim of a sophisticated hack that stole about $1.5 billion worth of digital currency, marking one of the biggest online thefts of all time. Bybit said Friday that a routine transfer of Ethereum, one of the mos…

Cryptocurrency theft of £1.1bn could be biggest ever - BBC.com
Dubai-based Bybit said it could afford to reimburse customers and that it was working to find the hackers.
Argentina’s crypto scandal dings Milei, involves strange mix of characters - The Associated Press
Argentine President Javier Milei is facing a corruption probe into his promotion of a meme coin, which is a highly speculative form of cryptocurrency that’s seen a recent surge in popularity after President Donald Trump and his wife launched tokens of their o…
Frustrated by Trump’s threats, some Canadians canceling trips to the United States - The Associated Press
Peter Mulholland and his wife skipped their traditional trip from Vancouver to Seattle to watch baseball’s Toronto Blue Jays play the Mariners this year. Mulholland was already frustrated over President Donald Trump's threats of crippling tariffs on imported …

Bybit hacked for $1.5B in biggest crypto heist of all time — leading to surge in withdrawal requests - New York Post
Ben Zhou, Bybit’s CEO, said his company would remain solvent even if the hacked crypto wasn’t recovered.

Ozempic and Wegovy shortage ends, setting up weight loss drug showdown - Axios
Ozempic and Wegovy are no longer in short supply, the FDA declared on Friday.
Differences bubble up between PepsiCo and Coca-Cola on diversity programs - The Associated Press
PepsiCo and rival Coca-Cola are taking different paths on the issue of diversity. In a memo sent to employees and released Friday, PepsiCo CEO Ramon Laguarta said the company is rolling back some of its diversity, equity and inclusion efforts, including setti…
Which US companies are pulling back on diversity initiatives? - The Associated Press
A growing number of prominent companies have scaled back or set aside the diversity, equity and inclusion initiatives that much of corporate America endorsed following the protests that accompanied the Minneapolis police killing of George Floyd, a Black man, …

‘We consume over 9 billion chickens a year’: Farmer says we’re being misled about egg prices. Then he reveals the real reason they’re so expensive - The Daily Dot
A chicken farmer breaks down why egg consumers are being taken advantage of by manufacturers under the guise of a bird flu outbreak.
Warren Buffett Defends His Growing Cash Pile - The Wall Street Journal
The legendary investor wrote in Saturday’s annual letter that Berkshire Hathaway will never prefer cash over ‘good businesses’

Trump tariff threats rattle consumers - The Hill
Welcome to The Hill’s Business & Economy newsletter {beacon} Business & Economy Business & Economy The Big Story Consumer confidence dips in Trump’s first month A new survey found that consumers’ attitude toward the economy dipped during President Trump’s …

Trump to shut down all 8,000 EV charging ports at federal govt buildings - Electrek.co
The Trump administration is shutting down all federal government buildings' EV chargers and expected to sell off the GSA's newly bought EVs.

Brian Armstrong says Coinbase spent $50M fighting SEC lawsuit — and beat it - TechCrunch
Coinbase on Friday said the SEC has agreed to drop the lawsuit against the company with prejudice, meaning it cannot be filed again.

JetBlue pilot arrested at Boston airport on warrant out of Huntersville - WSOC Charlotte
A JetBlue pilot was arrested at Boston’s Logan Airport Thursday evening on a warrant from Huntersville for second-degree sex exploitation of a minor, sources told ABC affiliate WCVB.

Will Warren Buffett say why he’s holding so much cash? - Fortune
Berkshire has built a record $325 billion cash heap as a historically expensive stock market presents few obvious value buys.
'Are you kidding me?' Mass. gas customers react to temporary rate cut - WCVB Boston
Massachusetts natural gas utility customers are getting a temporary rate cut after state regulators responded to soaring delivery charges, but many are saying the relief is not enough.
Why is Warren Buffett Hoarding So Much Cash? His Annual Letter Might Hold Clues. - The Wall Street Journal

Rivian Automotive (RIVN) Slides despite Praise from Several Analysts - TipRanks
EV maker Rivian Automotive ($RIVN) saw its shares fall in today’s trading despite reporting a strong Q4 gross profit. The decline was attributed to the company’s ca...