Biden names Apple co-founder Steve Jobs as recipient of posthumous Medal of Freedom
The late Apple co-founder Steve Jobs was among 17 people President Joe Biden announced as winners of the Presidential Medal of Freedom on Friday.
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WHO says monkeypox cases triple in Europe in two weeks, urgent action needed to contain spread
"Urgent and coordinated action is imperative if we are to turn a corner in the race to reverse the ongoing spread of this disease," said the head of WHO Europe.
GM’s quarterly sales fall but show improvement from beginning of year
The company's U.S. vehicle sales were down about 15% in the second quarter from a year ago as the automaker continues to battle supply chain issues.
How mass shootings in Uvalde and Buffalo spurred push for first federal gun legislation in decades
Amid the recent shootings, new national legislation and Supreme Court rulings, the future of guns in the U.S. could be headed in a new direction.
Micron warns weakening consumer demand will hurt smartphone sales
"If you were to translate it into units, it amounts to 130 million units reduction versus expectation earlier in the year for smartphone."
Ohio Governor DeWine says Intel delay on $20 billion chip plant is about 'leverage'
Republican Ohio Gov. Mike DeWine said he believes Intel is threatening to delay a massive chip manufacturing facility in order to gain leverage with Congress.
GM warns of manufacturing issues in second quarter but stands by 2022 forecast
Shares of the automaker were down by 2% after briefly being halted during pre-market trading, pending news.
This was the worst first half for the market in 50 years and it's all because of one thing — inflation
A multitude of factors conspired to generate the stock market's worst first-half since 1970, but they all emanated from one word: inflation.
Atlassian billionaire co-CEO Scott Farquhar saved a man's life at a Las Vegas nightclub in April
Scott Farquhar was in Las Vegas for a company conference, but his trip was much more eventful than planned.
Biden calls on Congress to ease Senate rules to codify Roe v. Wade
Biden said he would support suspending the Senate filibuster rule to codify abortion rights established in Roe v. Wade.
Supreme Court limits EPA authority to set climate standards for power plants
The Supreme Court ruled that Congress, not the EPA, has authority to set standards on climate-changing greenhouse gas emissions for existing power plants.
Big technology stocks like Tesla, Amazon and Microsoft just finished their worst quarter in years
Worries over higher interest rates drove investors into safer and slower-growing pockets of the economy in the second quarter as Tesla stock cratered 37%.
FCC authorizes SpaceX to provide mobile Starlink internet service to boats, planes and trucks
The FCC authorized SpaceX to provide Starlink satellite internet to vehicles in motion, a key step for Elon Musk's company to further expand the service.
Spirit delays shareholder vote on merger hours before meeting to continue deal talks with Frontier, JetBlue
Spirit Airlines said Wednesday that it would delay a shareholder vote on its proposed merger with Frontier Airlines scheduled for tomorrow until July 8.
10-year Treasury yield dips as inflation reading is weaker than expected
U.S. Treasury yields were lower on Thursday as investors continue to assess the prospect of a recession.
Housing shortage starts easing as listings surge in June
The historic housing shortage brought on by slow construction and strong demand from buyers in the pandemic is finally starting to ease.
Ketanji Brown Jackson sworn in as Supreme Court justice, replacing Stephen Breyer
The Supreme Court faces historically low confidence ratings from the public and is being criticized for overturning abortion rights.
GOP megadonors turn on Trump after Jan. 6 hearings, set sights on DeSantis, Pence and other 2024 hopefuls
Republican megadonors are moving further away from Donald Trump and considering other potential 2024 contenders after the latest Jan. 6 hearings.
Fed’s preferred inflation measure rose 4.7% in May, around multi-decade highs
Core personal consumption expenditures prices, excluding food and energy, rose 4.7% from a year ago, slightly less than expected.
LVMH buys California wine giant Joseph Phelps as high-end drinks market soars
The deal delivers Moet one of the best-known California wine makers, famous for its red table wines and trophy Insignia label.
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