Dow Jones futures, as well as S&P 500 and Nasdaq futures, are set to open on Sunday evening after a mixed week in the stock market, which ended on a bearish note due to inflation concerns and Mideast tensions. Investors should be prepared to respond accordingly after Friday's market expectations breaker. Earnings reports from companies such as Goldman Sachs, Charles Schwab, ASML, and Taiwan Semiconductor will also be important for the chip sector.
After facing backlash, celebrity chef David Chang and his company Momofuku have reversed their decision to enforce their trademark for "chile crunch," acknowledging that the term holds broader meaning and expressing their commitment not to enforce the trademark going forward, despite the risk of larger companies producing similar products.
Tech giant Google is experimenting with removing links to California news websites on its search platform in response to a proposed bill that would require the company to pay for journalism content, a move that has sparked debate over its potential impact on democracy and access to news information.
U.S. Steel shareholders have approved the controversial $14.1 billion takeover by Japanese-owned Nippon Steel, despite concerns about national security and the impact on steel jobs.
Google has temporarily blocked links from local news outlets in California, as it prepares for a bill that would require tech companies to pay publications for shared links, while also suspending further investments in the California news ecosystem and cutting California publications from its Google News Showcase.
U.S. Steel shareholders have approved a $14.9 billion acquisition by Japan's Nippon Steel, despite opposition from the Biden administration, steelworkers, and congressional lawmakers.
Google has begun removing California news websites from search results as a test and threat in response to a proposed state law that would require tech giants to pay media companies for linking to their content.
In-N-Out President, Lynsi Snyder, has vowed to protect prices at the popular burger chain in California despite the state's new minimum wage law, unlike competitors McDonald's and Chipotle who have announced price increases to offset wage increases.
Tesla has cut its Full Self-Driving monthly subscription price in half to $99, as it seeks to increase uptake and encourage more customers to sign up for the service.
Drug shortages in the US have reached a record high, with 323 active and ongoing shortages this year, affecting a wide range of medications including cancer drugs and ADHD medication.
U.S. Steel shareholders have approved the company's sale to Nippon Steel of Japan for $14.1 billion in cash, despite opposition from the Biden administration and concerns over the impact on workers, supply chains, and national security.
Many large pharmaceutical companies in the U.S. pay taxes far below the 21% corporate tax rate, with some even reporting losses, despite generating significant revenue from drug sales in the country.
Chef Dave Chang's brand, Momofuku, faced backlash for enforcing its trademark on the term "chile crunch" but has since announced that it will no longer enforce the trademark, clarifying that it was named as such out of deference to Chinese heritage and not to take ownership of the term.
Boeing faces a US Senate hearing over safety claims made by a whistleblower who alleged that the company took shortcuts in manufacturing the 787 and 777, potentially compromising safety.
Google has blocked news articles for California users in response to a bill that would require the tech giant to pay publishers, with critics comparing Google's actions to blackmail.
The threat of imminent strikes against Israel by Iran and its proxies in the Persian Gulf is causing dramatic movements in gold markets, as traders and investors turn to gold as a safe haven asset amid geopolitical tensions.
The city of Los Angeles will provide informational resources and support to workers of 99 Cents Only stores, which are closing down all 371 locations, due to factors such as the COVID-19 pandemic, escalating theft and crime, and increases in operating costs.
Chinese stocks fell as exports in March dropped more than expected, hindering hopes for an economic recovery and impacting companies such as Alibaba, JD.com, and PDD Holdings.
Gold prices surged to a new all-time high above $2,400 per ounce as the threat of Iranian attacks on Israeli targets and geopolitical risks continue to push prices into uncharted territory, with analysts remaining bullish on gold's prospects.
Hackers are exploiting a zero-day vulnerability in Palo Alto Networks firewalls, allowing them to gain root access to multiple corporate networks without authentication.
The price of Trump Media's shares dropped nearly 20% for the week, resulting in a market capitalization loss of $5 billion since its high on March 26.
Money managers are facing increased challenges as geopolitical tensions and bond volatility put pressure on their high exposures to stocks and credit, with concerns over potential conflict between Israel and Iran and rising oil prices adding to the risk.
Shares of Trump Media & Technology Group, the majority-owned company by Donald Trump, have dropped approximately 50% since its trading debut on the Nasdaq exchange, resulting in a decrease in market cap and a decline in Trump's stake value.
U.S. Steel shareholders approve the proposed $14.9 billion acquisition by Japan's Nippon Steel despite mounting political opposition, but regulators are scrutinizing the deal and it is expected to close in the second half of 2024 rather than the previously anticipated timeline.
Former president Donald Trump's bet on the stock market has resulted in Trump fans losing half their money, while company executives profit from the plummeting shares of Truth Social.
Dario Amodei, co-founder and CEO of Anthropic, discusses his belief that artificial intelligence is on an "exponential curve" and shares insights on the scaling laws that underlie AI development.
The U.S. Space Force has partnered with Rocket Lab and True Anomaly to launch a demonstration mission simulating a response to a potential orbital adversary, aiming to counter irresponsible behavior in space under realistic conditions.
Prominent investor Mario Gabelli is opposed to a potential merger between Paramount and Skydance Media and would rather see Paramount exit deal talks altogether, expressing support for Paramount's current turnaround strategy under CEO Bob Bakish. Gabelli also disagrees with selling Paramount to Apollo Global Management and believes Paramount should pay down debt by selling TV channels and remain independent.
The United States is experiencing a record-high number of active drug shortages, with 323 drugs in shortage during the first three months of 2024, according to data from the American Society of Health-System Pharmacists and the University of Utah Drug Information Service.
Popular discount bakery outlet, Freihofer's Bakery Outlets, has closed 28 stores in New England due to baked goods being sold directly in grocery stores.
Google has announced that it will remove links to California news sites from its search results for certain users in response to a pending state bill that would require the company to pay publishers, stating that the bill would change its business model and may result in significant changes to the services it can offer Californians and the traffic it can provide to California publishers.
Walmart will be removing self-checkout lanes at its Shrewsbury Supercenter in St. Louis County and replacing them with associate-staffed checkout counters in an effort to improve customer satisfaction and the overall shopping experience.
The cost of a Forever postage stamp in the US is set to rise to 73 cents in July, making it cheaper than equivalent stamps in many other developed countries, according to a report by the USPS Office of the Inspector General.
Bedrock's skyscraper project on the former J.L. Hudson’s department store site in Detroit has been officially named Hudson’s Detroit, honoring the site's historical legacy.
JPMorgan Chase CEO Jamie Dimon warns of the possibility of a moderate recession and outlines a worst-case scenario for real estate and the entire economy due to rising inflation and geopolitical tensions.
The exact timing of the upcoming Bitcoin halving is unpredictable due to fluctuations in block times, resulting in countdowns from different sources being out of sync.
Despite Tesla CEO Elon Musk's announcement of a "robotaxi" being unveiled on August 8, Tesla has not yet reached out to any US agencies that regulate robotaxis, indicating that the company is far from obtaining the necessary approvals for such a service.
Amazon is offering a wide range of discounted products, including laptops, air purifiers, vacuums, kitchenware, headphones, televisions, and beauty products at up to 90% off.
In-N-Out Burger president Lynsi Snyder fought to keep prices down in California as the state's new fast-food minimum wage law took effect, raising the base rate to $20 per hour, and the restaurant only increased prices by a small amount.
Google has began blocking access to California news outlets for some users in the state as a response to proposed legislation that would require the company to pay publishers, which it refers to as a "link tax."
The Boring Company, owned by Elon Musk, accidentally exposed the foundations of two pillars supporting Las Vegas's monorail train, resulting in temporary service shutdowns and violations; this incident follows previous reports of unsafe working conditions at the company.
Google is conducting a "short-term test" that will block links to local California news sources for a subset of users in response to a bill that would require platforms to pay publishers for links, potentially impacting the traffic and services it provides to California publishers.
Roku has reported a second security breach, affecting more than 576,000 streaming accounts, attributing it to credential stuffing rather than a compromise of their own systems.
California's new $20 minimum wage is forcing McDonald's franchise owner Scott Rodrick to consider higher menu prices and reduced hours to survive, although layoffs are the last resort.
Gold prices have reached a record high fueled by investors seeking high-return assets and anticipating interest rate cuts, resulting in a surge in gold bar sales at stores like Costco and increased purchases by central banks and institutional investors.
Oakland officials have voted to change the name of the city's airport to San Francisco Bay Oakland International Airport, despite opposition from San Francisco, in an effort to reduce confusion for travelers.
The Dow Jones and other major stock indexes were trading near session lows, with selling most concentrated in the Nasdaq composite, due to pressure on stocks like JPMorgan, Intel, Nvidia, and Arm, while oil prices spiked amid tensions in the Middle East and fears of an attack from Iran.
Shares of Trump Media & Technology Group, the owner of Truth Social, have seen a steep decline in their share price, leading to significant losses for former President Donald Trump and leaving experts questioning the company's valuation.
Dog toy company BARK is launching BARK Air, a luxury jet charter service that offers exclusive amenities and comforts for dogs and their owners, with tickets costing up to $16,000 for a round-trip.
The National Highway Traffic Safety Administration is investigating a Ford recall of nearly 43,000 vehicles due to cracked fuel injectors that can cause gas leaks and engine fires.
