Apple analyst Kuo says low-end VR headset to launch in 2025
Kuo said in a blog post on Friday that Apple plans to release "low-end" and "high-end" second-generation virtual reality/mixed reality headsets in 2025.
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Fed's Mester says she has hope that inflation can be brought down without a recession
In a CNBC interview, Mester said she sees the central bank's benchmark interest rate having to rise above 5% and stay there for a while.
Meet the $10,000 Nvidia chip powering the race for A.I.
The $10,000 Nvidia A100has become one of the most critical tools in the artificial intelligence industry,
SEC rebuffs Elon Musk's attempt to get out of 'funding secured' settlement
The SEC argued that "Musk waived his opportunity to test the Commission's allegations at trial when he voluntarily agreed (twice) to a consent judgment."
Beyond Meat reports narrow-than-expected quarterly loss despite sinking sales
Beyond Meat said its sales could fall as much as 10% in 2023.
Adobe slips on report saying DOJ plans suit to block $20 billion Figma deal
Figma represents a growth vector and a way for Adobe to enhance existing assets for handling images and videos. But there are competition questions.
Trump, FBI Director Wray can be deposed in lawsuits by ex-officials Strzok and Page, judge rules
Trump and Wray can be deposed on a narrow set of topics as part of the lawsuits by Strzok and Page, but Biden could invoke executive privilege, a judge ruled.
Trump criminal probe: Special counsel asks judge to compel Mike Pence testimony, report says
Mike Pence said he would fight the subpoena issued by a grand jury investigating efforts by Donald Trump to overturn his election loss to President biden.
DOJ alleges Google destroyed chat messages that it was required to save during antitrust investigation
The alleged issue is one that previously came up in Epic Games' antitrust litigation against Google.
Lordstown halts production, shipments of Endurance electric trucks to address quality issues
Lordstown will voluntarily recall 19 Endurance pickups to address a "specific electrical connection issue that could result in a loss of propulsion while driving."
Feds point to overheated wheel bearing in report on Ohio train derailment
The preliminary report from the National Transportation Safety Board did not offer an exact cause of the East Palestine, Ohio, derailment.
FTX founder Sam Bankman-Fried hit with four new criminal charges
The new indictment against FTX founder Sam Bankman-Fried includes new details alleged fraud at the cryptocurrency company and a related hedge fund.
Democrats urge EPA to tighten gas flaring restrictions to curb methane emissions
Congressional Democrats said the agency's proposal needs to better regulate routine gas flaring, or the process of burning excess natural gas at an oil well.
Medicare rejects Alzheimer's Association request for unrestricted coverage of treatments like Leqembi
The Alzheimer's Association, in a statement Wednesday, said it was "appalled" by CMS' decision.
DOJ reportedly probes Google Maps, adding to sprawling antitrust concerns
The Justice Department has already filed two antitrust lawsuits against Google, focused on its search distribution and its online advertising business.
Moderna misses on earnings as costs rise from surplus production capacity, lower Covid shot demand
Moderna reported quarterly earnings of $3.61 per share, a 68% decrease from the same period in 2021 when it booked $11.29 per share.
Nvidia stock rises after slight beat driven by A.I. chips
Nvidia has increasingly been seen by investors as one of the chip stocks best positioned to endure an economic slowdown that hurts PC and semiconductor sales.
Retirees lost 23% of their 401(k) savings in 2022, Fidelity says
Retirement 401(k) account balances lost nearly one-quarter of their value in 2022, according to Fidelity Investments, the largest 401(k) provider in the U.S.
CDC advisors recommend mpox vaccine for at-risk adults in future outbreaks
Once limited to Africa, mpox has spread widely around the world and has caused more than 30,000 cases and 32 deaths in the U.S. since May.
Supreme Court rules 9-0 that bankruptcy filers can't avoid debt incurred by another's fraud
The Supreme Court ruled Kate Bartenwerfer's lack of knowledge of her partner's fraud in a home sale did not protect her from owing a legal judgment.
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