business News

Intel Stock Surges on Speculation of TSMC Deal - Investopedia

Intel shares jumped Thursday, extending their recent rally on speculation of a deal with TSMC.

Oil-backed senators introduce bills to kill $7,500 EV tax credit, add $1,000 tax on electric cars - Electrek.co

Republican Senators have introduced bills to not only kill the $7,500 tax credit for electric vehicles but also add a...

Dow jumps 350 points as Trump holds off on new tariffs, Nvidia rallies: Live updates - CNBC

Stocks edged higher Thursday as traders weighed slightly hotter-than-expected inflation data and lingering global trade tensions.

Joann to close most WA stores as part of craft chain’s bankruptcy - The Seattle Times

Not on the closure list are Joann stores in Bellevue, Bellingham, Port Orchard, Olympia and Kennewick, along with a second site in Spokane and two in Vancouver.

Igloo recalls coolers over finger amputations and injuries - BBC.com

People have reported other injuries including finger lacerations and bone fractures from using the product.

Eon Musk’s full offer letter to buy OpenAI reveals five key details - TechCrunch

A group led by Elon Musk's x.AI wants to buy OpenAI. Read five key takeaways from its offer letter.

Soaring cocoa prices are bad news for those Valentine's Day chocolate purchases - CNBC

Cocoa prices rose to record highs last year amid a global supply shortage. Chocolate makers have raised their retail prices to compensate.

Shein and Temu may already have a case of the Trump-tariff blues - Quartz

The potential impact of the tariffs on e-commerce giants could rattle the competitive landscape — fueling Amazon's dominance

Mortgage rates hit their lowest levels in 2025 — and this is the No. 1 mortgage company of February 2025 - MarketWatch

We analyzed “best mortgage lender” reviews on 10 major financial sites in America to determine the best mortgage providers right now

Tether May Need to Sell Bitcoin to Meet Proposed US Stablecoin Rules, Says JP Morgan - Decrypt

JP Morgan claims that stablecoin leader Tether may need to sell its Bitcoin reserves to meet proposed U.S. rules. Tether says JPM is "salty."

Silicon Valley Software Engineers Horrified as They Can't Easily Find Jobs Anymore - Futurism

Silicon Valleys software engineers are finding their previously ironclad careers crumbling under the growing cost of AI development.

Intel Stock Is Climbing Like It Did Back in the ‘80s. Here’s What’s Driving Shares. - Barron's

CVS shares are up 45% this year — here's why it may be starting to turn its business around - CNBC

Some analysts are more optimistic about CVS' ability to navigate higher-than-expected medical costs in its insurance unit moving forward.

Jeff Bezos’ rocket company Blue Origin to lay off more than 1,000 employees - CNN

Blue Origin announced plans to lay off about 10% of its workforce — or more than 1,000 employees — nearly a month after the company debuted its first orbital rocket.

Meta CTO: Employees Who Disagree With Policy Changes Should Quit - Business Insider

In internal messages seen by Business Insider, Meta CTO Andrew Bosworth also discussed leaks.

Meta CTO says employees who don't agree with its policy changes should 'quit' or 'consider working elsewhere' - Business Insider

In internal messages seen by Business Insider, Meta CTO Andrew Bosworth also discussed leaks.

Arm secures Meta as first customer for ambitious new chip project - Financial Times

SoftBank-owned group secures Meta as one of its first customers for new initiative

Breakfast is booming at US restaurants. Is it also contributing to high egg prices? - The Associated Press

It’s a chicken-and-egg problem: Restaurants are struggling with record-high U.S. egg prices, but their omelets, scrambles and huevos rancheros may be part of the problem. Breakfast is booming at U.S. eateries. First Watch, a restaurant chain that serves break…

DOGE’s Website Is Just One Big X Ad - WIRED

The source code for the new Department of Government Efficiency’s “official US government website” points to X as its primary source of authority, while sharing links to the site sends users to x.com.

‘We need to delete entire agencies’: Elon Musk has bigger plans for remaking the government - POLITICO

Musk compared DOGE’s work in the Trump administration to his staff reductions at Twitter.