Day: September 30, 2025
Palantir’s stock is up 1,700% since its NYSE debut five years ago. Here’s how it got there
People walk by a banner featuring the logo of Palantir Technologies (PLTR) at the New York Stock Exchange (NYSE) on the day of their initial public offering (IPO) in Manhattan, New York City, U.S., September 30, 2020. Andrew Kelly | Reutersa When Palantir hit the stock market in September 2020, there was a lot that […]
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The world’s first carbon border tax will soon go live — shaking up global trade
A worker walks past molten steel at a steel factory in Huai’an, in China’s eastern Jiangsu province on July 22, 2025. – | Afp | Getty Images The European Union is less than three months away from launching its carbon levy — the world’s first large-scale border tax on carbon-intensive goods. The forthcoming step, which […]
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The government shutdown fight hinges on ACA tax credits — and if immigrants should get them
The federal government may soon shut down, in large part because of a debate between Republicans and Democrats over Obamacare subsidies and whether some immigrants should get those financial benefits. Republicans claim Democrats want to give health care to “illegal immigrants.” Democrat, in turn, say that’s a lie. Democrats say they are only trying to […]
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Trump says Harvard to pay $500 million in deal with administration
A glimpse into the Harvard University campus on May 24, 2025 in Cambridge, Massachusetts. Vcg | Visual China Group | Getty Images President Donald Trump said on Tuesday that his administration had reached a deal with Harvard University after months of negotiations and that the Ivy League school will pay $500 million. “Linda is finishing […]
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Nike posts surprise sales growth but turnaround work is far from over
Nike on Tuesday posted surprise sales growth in its fiscal first quarter, but the sneaker giant still has work ahead to execute its turnaround. The company said revenue rose 1% in the three months ended Aug. 31, after previously saying it anticipated sales would fall by a mid-single digit percentage in the period. Still, Nike’s […]
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Disney sent cease and desist letter to Character.AI over use of copyrighted characters
The Walt Disney Co. signage on the floor of the New York Stock Exchange (NYSE) in New York, US, on Wednesday, May 7, 2025. Michael Nagle | Bloomberg | Getty Images The Walt Disney Company sent a cease and desist letter to Character.AI last week, warning the artificial intelligence startup to stop using copyrighted characters […]
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How a surge in legal betting fueled an ugly fight: The battle for 1-800-GAMBLER
The booming business of betting across America has led to soaring concerns over problem gambling. Generally, ads for legitimate, licensed casinos and sportsbooks carry some kind of disclaimer that gambling is supposed to be for entertainment. The small print might offer: “Gambling problem? Call 1-800-GAMBLER.” That number is about as memorable and sticky as you […]
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Warren Buffett is reportedly eyeing Berkshire Hathaway’s biggest deal in three years
In this article BRK.B OXY Follow your favorite stocksCREATE FREE ACCOUNT Warren Buffett speaks during the Berkshire Hathaway Annual Shareholders Meeting in Omaha, Nebraska, on May 3, 2025. CNBC Warren Buffett’s Berkshire Hathaway is closing in on a deal to buy Occidental Petroleum’s petrochemical unit OxyChem for roughly $10 billion, the Wall Street Journal reported […]
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FTC sues Zillow and Redfin, alleging antitrust violation in online rental listings
The stock market graphic of Zillow Group is displayed on a smartphone with the logo of Zillow in the background on Feb. 21, 2021. Sopa Images | Lightrocket | Getty Images The Federal Trade Commission is suing real estate giants Zillow and Redfin, alleging the two illegally conspired to reduce competition in the online multifamily […]
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Spirit Airlines on track for a $475 million bankruptcy lifeline
A Spirit Airlines Airbus A320 taxis at Los Angeles International Airport after arriving from Boston on September 1, 2024 in Los Angeles, California. Kevin Carter | Getty Images News | Getty Images WHITE PLAINS, N.Y. — Spirit Airlines is making “massive progress” to revitalize the airline, the carrier’s restructuring lawyer Marshall Huebner said in a […]
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