business news
OpenAI and SoftBank announce $1 billion investment in SB Energy as part of massive AI buildout
SoftBank CEO Masayoshi Son and OpenAI CEO Sam Altman attend an event to pitch AI for businesses in Tokyo, Japan Feb. 3, 2025. Kim Kyung-Hoon | Reuters OpenAI and SoftBank announced plans to invest $1 billion in SB Energy as part of a strategic partnership that will support OpenAI’s artificial intelligence infrastructure buildout. The partnership […]
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New video of Minneapolis ICE shooting incident revealed by Alpha News
Video still shows Renee Good moments before an ICE agent open fired and killed her. Source: Alpha News New video that appears to show Renee Nicole Good in her car right before she was fatally shot by an ICE agent in Minneapolis was posted Friday on social media by the site Alpha News. The 47-second-long […]
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Stellantis scraps Jeep, Chrysler plug-in hybrid vehicles amid EV slowdown, recall
The Camp Jeep outdoor terrain at the New York International Auto Shown on April 16, 2025. Danielle DeVries | CNBC DETROIT — Stellantis is scrapping its plug-in hybrid electric Jeep SUVs and Chrysler minivan amid slowing EV sales, quality issues and weakened federal fuel economy requirements. The automaker on Friday said the decision to end […]
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Healthy Returns: What to expect from pharma at the JPM conference
Heidi Overton, Novo Nordisk CEO Maziar Mike Doustdar, Eli Lilly CEO David A. Ricks, and U.S. Secretary of Commerce Howard Lutnick listen while U.S. President Donald Trump announces a deal with Eli Lilly and Novo Nordisk on to reduce the prices of GLP-1 weight‑loss drugs during an event in the Oval Office at the White […]
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Mortgage rates drop to lowest level in nearly 3 years as Trump orders buying of $200 billion in mortgage bonds
A ‘For Sale’ sign is posted beside property for sale in Alhambra, California. Frederic J. Brown | AFP | Getty Images Mortgage rates fell sharply on Friday, a day after President Donald Trump said on social media that he is instructing mortgage giants Fannie Mae and Freddie Mac to buy $200 billion in mortgage bonds. […]
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Intel stock jumps 7% after CEO meets with Trump as U.S. stake doubles value
The Intel logo is displayed on a sign in front of Intel headquarters in Santa Clara, California, on July 16, 2025. Justin Sullivan | Getty Images Intel stock climbed 7% Friday after CEO Lip-Bu Tan met with President Donald Trump, continuing a rally that has seen the stock more than double since the U.S. took […]
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Andreessen Horowitz raises $15 billion, as VC firm goes big in infrastructure, defense
Venture capitalist Marc Andreessen speaks at the TechCrunch Disrupt conference in San Francisco, Sept. 13, 2016. San Francisco Chronicle/hearst Newspapers Via Getty Images | Hearst Newspapers | Getty Images Venture capital firm Andreessen Horowitz has raised $15 billion to bolster bets across an array of areas including infrastructure, health and what the it calls “American Dynamism,” […]
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Amazon Pharmacy starts offering Novo Nordisk’s Wegovy weight-loss pill
Close-up of a hand holding a cellphone displaying the Amazon Pharmacy system, Lafayette, California, September 15, 2021. Smith Collection | Gado | Getty Images Amazon announced Friday it now offers Novo Nordisk‘s Wegovy weight-loss pill through its digital pharmacy. Novo Nordisk began rolling out an oral version of its injectable obesity drug Wegovy in the […]
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Trump will use other tariff authorities to get to ‘same place’ if Supreme Court rules against him: Hassett
watch now VIDEO4:3504:35 Trump will use other tariff authorities to get to ‘same place’ if SC rules against him: Hassett Squawk on the Street National Economic Council Director Kevin Hassett said Friday the White House could deploy alternative measures if the Supreme Court rules against President Donald Trump’s use of emergency powers to impose sweeping […]
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As tech stocks soar, executives use exchange funds to diversify wealth without selling
Yuichiro Chino | Moment | Getty Images For executives and founders who have gotten rich off one stock, sometimes it is possible to have too much of a good thing. While the tech stock boom has meant a windfall for employees at high-flying companies, it’s risky to have too much of your net worth tied […]
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