Year: 2025
Household robots are about to get a big price cut — if China’s top ‘robovac’ player has its way
In 2025, Roborock launched a vacuum cleaner with a robotic arm for moving socks and other obstructions out of the way. Cfoto | Future Publishing | Getty Images BEIJING — Household robots for cleaning are about to quickly become an affordable reality. At least that’s what Quan Gang, president of Beijing-based robot vacuum cleaner company […]
Read More
Supreme Court allows Trump’s cuts to health research grants over DEI policies
The Supreme Court on Thursday allowed Trump administration broad cuts to National Institutes of Health grants as part of the federal government’s campaign against diversity, equity and inclusion policies. But in a mixed decision the court left in place a different part of the lower court judge’s ruling that threw out the administration’s guidance document that introduced the policy, […]
Read More
Workday beats estimates but CEO warns of challenges in education and government
CEO of Workday Carl M. Eschenbach and Ana Eschenbach attend the Allen and Company Sun Valley Media and Technology Conference at The Sun Valley Resort in Sun Valley, Idaho, U.S., July 10, 2025. Brendan McDermid | Reuters Workday reported an earnings beat on Thursday, but issued guidance that was inline with estimates and warned of […]
Read More
Stocks making the biggest moves after hours: Intuit, Workday, Ross Stores and more
Check out the companies making headlines after hours: Intuit — Shares dropped roughly 6% even after the financial technology company reported fiscal fourth-quarter results that topped Wall Street’s expectations. Intuit reported adjusted earnings of $2.75 per share on revenue of $3.83 billion. Analysts polled by LSEG had expected earnings per share of $2.66 on revenue […]
Read More
Judge says Alina Habba, Trump’s top federal prosecutor in New Jersey, not lawfully appointed
US President Donald Trump looks on as Alina Habba speaks during a swearing in ceremony as US Attorney General for New Jersey, in the Oval Office of the White House in Washington, DC, on March 28, 2025. Saul Loeb | Afp | Getty Images A federal judge on Thursday disqualified acting U.S. Attorney for New […]
Read More
Fed Chair Powell set to deliver big Jackson Hole speech Friday. Here’s what Wall Street expects
Key Points Fed Chair Jerome Powell is set to deliver what almost certainly will be his last keynote address at the central bank’s annual conclave during one of the most tumultuous times in its history. Amid several controversies, Powell could use the speech to at least take a sideswipe at the political distractions even if […]
Read More
Cracker Barrel shares plummet after pushback on new logo, brand refresh
The new Cracker Barrel logo is seen on a menu inside the restaurant on Aug. 21, 2025 in Homestead, Florida. Joe Raedle | Getty Images Shares of Cracker Barrel Old Country Store plummeted roughly 10% on Thursday after the restaurant unveiled its new logo earlier this week as part of a larger brand refresh. The […]
Read More
Tesla faces U.S. auto safety probe over faulty crash reporting
Elon Musk, CEO of SpaceX and Tesla, attends the Viva Technology conference at the Porte de Versailles exhibition center in Paris on June 16, 2023. Gonzalo Fuentes | Reuters Elon Musk’s Tesla is facing a federal probe by the National Highway Traffic Safety Administration after the U.S. auto safety agency found that the company was […]
Read More
A new pharma factory shows how hard it could be for drugmakers to outrun Trump’s tariffs
HOLLY SPRINGS, N.C. — A hallway as long as three football fields connects four buildings at Fujifilm Biotechnologies’ new biologics manufacturing plant in Holly Springs, North Carolina. The first two buildings are preparing to open this fall to produce drug substance, essentially the base of biologic drugs, for Fujifilm’s initial customers Regeneron and Johnson & […]
Read More
Trump official signals DOJ will investigate Fed Governor Cook
The Department of Justice will investigate Federal Reserve Governor Lisa Cook based on a criminal referral sent by a Trump administration housing official and arch critic of central bank chairman Jerome Powell, according to a letter obtained by CNBC’s Sara Eisen on Thursday. The letter, addressed to Powell and signed by Justice Department attorney Ed […]
Read More