business News

Tesla recalls 380,000 vehicles in US over power steering assist issue - CNN

Tesla said on Friday it was recalling nearly 380,000 vehicles in the United States due to a power steering assist failure that could increase steering effort, particularly at low speeds, potentially raising the risk of a crash.

Tesla boss Elon Musk urged to rescue Nissan after merger talks with Honda collapse - New York Post

Shares of Nissan soared by as much as 9% on Friday amid reports that Musk could rescue the company.

Palantir Stock’s Slump Continues. Where Wall Street Thinks It Goes Next. - Barron's

NVIDIA CEO Jensen Huang explains how the stock market got it wrong on DeepSeek - Investing.com

NVIDIA CEO Jensen Huang explains how the stock market got it wrong on DeepSeek

Elon Musk Rants Incoherently in Sunglasses While X Shadowbans His Pleading Baby Mama - Gizmodo

The world's richest man wants you to know he's having a lot of fun.

Grimes Called Out Elon Musk For Allegedly Not Responding To Their Child's "Medical Crisis" - BuzzFeed

"This is urgent, Elon."

U.S. Consumer Confidence Falls Back on Fears of Tariff-Induced Price Increases - The Wall Street Journal

Shortage of Novo Nordisk's Wegovy and Ozempic drugs is resolved, FDA says - CNBC

The FDA's decision will threaten the ability of compounding pharmacies to make far cheaper, unbranded versions of the injections over the next few months.

Why Hims & Hers Stock Is Crashing - Investor's Business Daily

The FDA said the shortages in Novo Nordisk's weight-loss drug has been resolved.

The Ozempic Shortage Is Over - WIRED

The semaglutide shortage has officially ended in the US—which means the GLP-1 drug industry is about to undergo massive changes.

Home Sales Sagged in January as Prices Continue to Rise. What to Expect This Spring. - Barron's

Apple pulls data protection tool after UK government security row - BBC.com

Customers' photos and documents stored online will no longer be protected by end to end encryption.

US consumer sentiment plunges over tariff and inflation fears - CNN

Inflation is picking up again and President Donald Trump said this week it’s all his predecessor’s fault. But no matter who Trump blames for inflation, America’s economic mood is now souring — and Trump is getting the heat for it.

FBI Says Backup Now— Advisory Warns Of Dangerous Ransomware Attacks - Forbes

The FBI says backup your data today, describing attacks as dangerous and ongoing in newly published security warning.

Target is getting hit from all sides on DEI - CNN

Target was sued by Florida and a Trump-aligned legal group for its diversity, equity and inclusion (DEI)

Home sales drop sharply as prices hit an all-time high for January - CNBC

The median price of a home sold in January was $396,900, up 4.8% from the year before and the highest price ever for the month of January.

Hooters in Talks to Prepare a Bankruptcy Filing in Coming Months - Bloomberg

Hooters of America is working with creditors on a plan to restructure the business through bankruptcy court in the coming months, according to people with knowledge of the arrangements.

Coinbase says SEC agrees to right ‘major wrong’ and dismiss consequential lawsuit against crypto exchange - Fortune

The regulator sued the U.S.’s most prominent crypto exchange in June 2023 for allegedly flouting securities laws.

Celsius Stock Soars. Earnings and Acquisition News Are Fueling a Big Rally. - Barron's

Elon Musk’s DOGE comes for agency that regulates autonomous vehicles - TechCrunch

Elon Musk's Department of Government Efficiency is firing nearly half of a small government team that regulates autonomous vehicles, The Washington Post