Chinese electric-vehicle maker XPeng will acquire ride-hailing app DiDi Global's smart vehicle unit and launch a new EV brand, causing the stock to surge.
Disney-owned channels, including ABC and ESPN, went dark for Charter Spectrum subscribers due to a failure to reach an agreement on terms, impacting the broadcasting of the U.S. Open tennis tournament and a college football game between the University of Utah and the University of Florida.
Elon Musk and Jeff Bezos, billionaire CEOs of SpaceX and Blue Origin respectively, have been engaged in an ongoing feud over the race to space, stemming from their first meeting where they found fault in each other's similar traits and have since clashed over patent disputes and thinly-pointed tweets.
The European Union is investigating China's state support for electric vehicle makers due to concerns about the impact on European auto manufacturers, with Chinese companies already gaining a substantial market share in Europe through cheaper prices and subsidies.
Charter Communications and Disney Entertainment failed to reach a new carriage agreement, resulting in Spectrum subscribers losing access to ESPN, FX, Freeform, the Disney Channel, and several ABC channels, affecting approximately 14.7 million subscribers.
Technology leaders, including Elon Musk, Mark Zuckerberg, and Sundar Pichai, met with lawmakers to discuss regulating artificial intelligence and the need for a referee to ensure safety and public interest.
The Senior Citizens League estimates a 3.2% Social Security cost-of-living adjustment in 2024, potentially raising the average monthly retirement benefit by about $57.30, but the official calculation will be revealed in October and may be influenced by factors such as inflation and Medicare Part B premiums.
Nvidia's stock has boomed this year, driven by the company's success in AI technology and the increasing demand for generative artificial intelligence, making it one of the most sought-after AI stocks and leading the S&P 500 with a market capitalization of over $1 trillion.
A brand of frozen mixed vegetables and sweet corn sold at Kroger and Food Lion is being recalled due to potential bacterial contamination, specifically Listeria monocytogenes.
The US FDA has warned against purchasing or using certain eye drops from Dr. Berne's and LightEyez due to microbial contamination, as they contain an unapproved active ingredient, MSM, which could lead to vision-threatening infections.
Dell Technologies reported better-than-expected earnings for its fiscal second quarter and gave a positive outlook for the current period, leading to a surge in its stock.
The Centers for Disease Control and Prevention has recommended updated Covid vaccines from Pfizer and Moderna for all Americans six months and older, with the first doses becoming available within 48 hours, as concerns rise about the spread of Covid in the fall and winter months.
The landmark anti-monopoly trial against Google continues with tensions over confidentiality restrictions and accusations of rule violations.
The US added more jobs than expected in August, but the unemployment rate increased, while average hourly earnings and nonfarm payrolls growth were slightly below forecasts.
Crypto exchange FTX has been given approval by a U.S. Bankruptcy Court to sell and invest its holdings of cryptocurrency, which are valued at over $3.4 billion, in order to repay its creditors.
Nearly 1,000 Blue Cross Blue Shield of Michigan employees represented by the UAW went on strike, leading to longer wait times for customer service, as they failed to negotiate a new contract, while nearly 150,000 autoworkers at General Motors, Ford, and Stellantis threaten to walk out of factories and warehouses due to expiring contracts.
Stock futures rise as investors await economic data and the monthly jobs report, while tech companies Instacart, Klaviyo, and Arm file for IPOs, China Evergrande Group's shares plummet, and meme stock Bed Bath & Beyond continues to trade despite bankruptcy.
Novo Nordisk briefly surpassed LVMH to become Europe's most valuable company on the back of its weight loss drugs, but LVMH regained the top spot, although Novo Nordisk remains close behind with its highly anticipated drugs.
Pharmacy chains have begun offering vaccine appointments for updated COVID-19 shots, which are recommended for everyone aged 6 months and older, including additional doses for higher-risk individuals, and can be obtained at no cost through doctors' offices, pharmacies, and federal health centers.
MGM Resorts is facing a significant cyberattack that has disrupted its properties across the United States, leading to concerns about its credit rating and potential material impact on the company.
The Federal Trade Commission has reached a deal with Amgen to allow the company's $27.8 billion purchase of Horizon Therapeutics to proceed, despite initially seeking to block the acquisition due to concerns over competition in the pharmaceutical industry.
The FDA advisory panel unanimously voted that oral phenylephrine, an active ingredient in cold medications, is no better than a placebo for treating congestion, potentially leading to the removal of certain over-the-counter medications from store shelves.
California lawmakers have sent a bill to Governor Newsom's desk that would require all large businesses in the state to provide a detailed accounting of their carbon emissions, including their Scope 3, or supply chain emissions, with the bill being the first of its kind in the nation to require carbon emissions reporting.
Shares of online mortgage lender Better.com plunged as much as 95% on its Nasdaq debut, following a series of controversies including a mass layoff of 900 employees via a Zoom call by CEO Vishal Garg.
Chinese automaker BYD's electronics unit has agreed to acquire US-based manufacturer Jabil Inc's mobility business in China for $2.2 billion, expanding its customer base and product portfolio in the sector.
Elon Musk fired several senior leaders at Twitter, including CEO Parag Agrawal, due to his belief that they had misled him, leading to an irreparable relationship between Musk and Twitter executives.
General Motors unveiled the redesigned 2024 GMC Acadia at the Detroit Auto Show, featuring a larger size, a brawny new look, and advanced safety and convenience technologies, with production expected to begin next year.
Fox Corporation is being sued by Oregon and New York City’s pension funds, alleging that the company's broadcasting of election falsehoods on Fox News exposed them to defamation lawsuits and harmed investors.
Tesla has lowered prices on its Model S and X vehicles, with reductions of 15-19% in the US and similar cuts globally, except for the recently introduced Standard Range model; the base price for the larger-battery versions of both cars is now cheaper than the smaller-battery versions, and the base model now has a larger estimated EPA range; additionally, all paint colors are now included in the base price, and due to changes in federal EV tax credit caps, the Model X can now be cheaper than the Model S after incentives.
Cadillac has unveiled the refreshed 2025 CT5 sport sedan, featuring updated styling and a large interior display with over 30 inches of screen and native Google Assistant integration, while retaining its current powertrain options; production is set to begin in spring 2024.
Chinese blue chips rally as Beijing implements measures to support the market, including reducing stamp duty on stock trading and approving the launch of retail funds, while US stock futures remain steady following Fed Chair Powell's acknowledgement of a stronger-than-expected economy.
China's troubled developer Country Garden is grappling with a debt crisis that could worsen the country's real estate crisis and strain its lenders, potentially leading to a default and impacting the overall Chinese economy.
A panel of FDA advisers has concluded that the common ingredient phenylephrine, found in many cold and allergy medicines, is ineffective and may lead to the removal of these products from store shelves.
Artificial intelligence stock is recommended as an excellent choice for investor portfolios, according to Fool.com contributor Parkev Tatevosian.
Elon Musk exacted vengeance on Twitter's CEO and senior management by moving forward the Twitter deal's closing time to terminate their employment before their stock options vested.
Chip design firm Arm, which supplies technology to companies like Apple and Nvidia, has priced its IPO at $52 per share, with a fully-diluted market cap of approximately $55.5 billion, and is set to become the largest technology offering of the year.
Former Starbucks CEO Howard Schultz is stepping down from the coffee chain's board as part of a planned transition, without providing a reason for his exit.
Apple is urging the California legislature to pass a "right to repair bill" that would require manufacturers to allow customers to fix damaged devices, in a reversal of the company's previous opposition to such access.
If you had a Facebook account between 2007 and 2022, you have only one day left to file a claim for your portion of a $725 million privacy settlement.
The rise in retail theft nationwide is being blamed for Dollar Tree's decline in gross profit margin, prompting the company to take defensive measures to prevent further losses.
The winners of the State Fair of Texas' 2023 Big Tex Choice Awards were announced, with awards given for most creative new food, most taste - savory, and most taste - sweet.
Walgreens Boots Alliance announced that CEO Roz Brewer has stepped down amid the company's struggles with declining demand for Covid testing and vaccines, and the search for a new CEO is currently underway.
The U.S. Department of Justice alleges that Elon Musk may have violated a court order related to privacy and data security by implementing changes at Twitter that raised concerns about compliance with FTC requirements.
The European Central Bank may raise interest rates for a 10th consecutive meeting on Thursday, but the decision is uncertain.
Robinhood has entered into a $605.7 million share repurchase agreement with the United States Marshal Service to buy back stock from Sam Bankman-Fried's Emergent Fidelity Technologies.
Delta Air Lines is making significant changes to its SkyMiles program, including retiring Medallion Qualifying Miles and Medallion Qualifying Segments and focusing on a redefined version of Medallion Qualifying Dollars, as well as raising the thresholds for achieving Medallion elite status, leaving many flyers unhappy.
Hawaiian Electric's shares surged 30.2% after the company called the lawsuit filed against it by the county of Maui "factually and legally irresponsible," blaming the county for the Hawaii wildfires.
The likelihood of a strike by the United Auto Workers (UAW) against Detroit's Big Three automakers is growing as negotiations continue with only weeks until the contract deadline and dissatisfaction with the companies' offers.