Day: February 21, 2025

Judge gives go ahead for Trump administration to gut USAID’s workforce
World

Judge gives go ahead for Trump administration to gut USAID’s workforce

A flag outside of the U.S. Agency for International Development (USAID) headquarters is seen on February 03, 2025 in Washington, DC. Kevin Dietsch | Getty Images A federal judge Friday paved the way for the Trump administration to move forward with plans to remove thousands of U.S. Agency for International Development workers from their jobs. U.S. District […]

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Anne Wojcicki has a new offer to take 23andMe private, this time for .7 million
Health

Anne Wojcicki has a new offer to take 23andMe private, this time for $74.7 million

Anne Wojcicki attends the WSJ Magazine Style & Tech Dinner in Atherton, California, on March 15, 2023. Kelly Sullivan | Getty Images Entertainment | Getty Images 23andMe CEO Anne Wojcicki and New Mountain Capital have submitted a proposal to take the embattled genetic testing company private, according to a Friday filing with the U.S. Securities […]

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Hackers steal .5 billion from exchange Bybit in biggest-ever crypto heist
Technology

Hackers steal $1.5 billion from exchange Bybit in biggest-ever crypto heist

Ben Zhou, chief executive officer of ByBit, during the Token2049 conference in Singapore, on Thursday, Sept. 14, 2023.  Joseph Nair | Bloomberg | Getty Images Bybit, a major cryptocurrency exchange, has been hacked to the tune of $1.5 billion in digital assets, in what’s estimated to be the largest crypto heist in history. The attack […]

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Nvidia and PCE will have to deliver next week for a stock market in search of direction
World

Nvidia and PCE will have to deliver next week for a stock market in search of direction

A stock market in search of direction could very well get one next week. Investors are about to react to two potentially major market-moving events in the week ahead. Nvidia is set to come out with its first earnings report since China’s DeepSeek in January rattled the outlook for artificial intelligence companies. And last month’s […]

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Steve Cohen says tariffs and DOGE’s cuts are negative for economy, market correction could be soon
World

Steve Cohen says tariffs and DOGE’s cuts are negative for economy, market correction could be soon

Steve Cohen, chairman and CEO of Point72, speaking to CNBC on April 3, 2024. CNBC Billionaire investor Steve Cohen doubled down on his negative view of the U.S. economy due to a backdrop of punitive tariffs, immigration crackdown and federal spending cuts spearheaded by the so-called Department of Government Efficiency. The chairman and CEO of […]

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Tesla recalls more than 375,000 vehicles in U.S. due to failing power-assisted steering systems
Technology

Tesla recalls more than 375,000 vehicles in U.S. due to failing power-assisted steering systems

Tesla models Y and 3 are displayed at a Tesla dealership in Corte Madera, California, on Dec. 20, 2024. Justin Sullivan | Getty Images Tesla is voluntarily recalling 376,241vehicles in the U.S. to correct an issue with failing power-assisted steering systems, according to records posted to the website of the U.S. National Highway Traffic Safety […]

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Elon Musk has a problem with X’s Community Notes when he disapproves of the results
Technology

Elon Musk has a problem with X’s Community Notes when he disapproves of the results

Elon Musk, CEO of Tesla and SpaceX and owner of social media platform X, speaks at the Conservative Political Action Conference at the Gaylord National Resort Hotel and Convention Center in Oxon Hill, Maryland, Feb. 20, 2025. Andrew Harnik | Getty Images For X owner Elon Musk, the solution to monitoring misinformation online has been […]

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Once high-flying Bluebird Bio sells itself to private equity after tough times for the gene therapy maker
Health

Once high-flying Bluebird Bio sells itself to private equity after tough times for the gene therapy maker

Sopa Images | Lightrocket | Getty Images Bluebird Bio will sell itself to private equity firms Carlyle and SK Capital for about $30 million, the company said Friday, marking the end of the Bluebird’s fall from the one of the buzziest biotech firms to one that was on the cusp of running out of money. […]

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Stocks making the biggest moves midday: UnitedHealth, Alibaba, Hims & Hers Health, Celsius and more
Finance

Stocks making the biggest moves midday: UnitedHealth, Alibaba, Hims & Hers Health, Celsius and more

Check out the companies making headlines in midday trading: Novo Nordisk — Shares rose 4.9% after the Food and Drug Administration said Friday that the U.S. shortage of Novo Nordisk’s weight loss injection Wegovy and diabetes treatment Ozempic is resolved after more than two years. Hims & Hers Health — The telehealth stock, which offers compounded Wegovy and […]

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Judge declines to immediately dismiss Eric Adams’ corruption case, delays trial
Politics

Judge declines to immediately dismiss Eric Adams’ corruption case, delays trial

New York City Mayor Eric Adams attends a press conference at the 40th precinct, in the Bronx borough of New York City, New York, U.S., Feb. 20, 2025.  Jeenah Moon | Reuters A New York judge on Friday said he would not immediately dismiss Eric Adams’ corruption case, but ordered the Democratic New York City mayor’s trial delayed […]

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