Bezos snubbed Musk's SpaceX for huge satellite launch contract, Amazon shareholder says
An Amazon shareholder lawsuit alleges the company snubbed SpaceX for satellite launch contracts because of Jeff Bezos' personal rivalry with Elon Musk.
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FTC allows Amgen to move forward with $27.8 billion Horizon Therapeutics acquisition
The FTC had filed a lawsuit in May seeking to block the acquisition, arguing that the deal would "stifle competition" in the pharmaceutical industry.
Ron Insana cautions against falling for the latest version of the BRICs
The attempt to market BRICs as a global investment play has been an abject failure, Ron Insana says.
Meta's WhatsApp is chasing big businesses in effort to finally capitalize on app's popularity
As Meta tries to justify the $19 billion it paid for WhatsApp almost a decade ago, business messaging is the key.
How Wall Street's REIT giants are reshaping U.S. real estate
Real estate investment trusts buy and manage commercial-scale properties. In recent years, the industry has repositioned for growth in residential housing.
UAW president says union has filed unfair labor practice charges against GM, Stellantis over contract talks
The Thursday filings followed the companies not responding to the union's demands in a timely matter, United Auto Workers President Shawn Fain said.
White House asks Congress for short-term funding to avoid government shutdown
The White House on Thursday asked Congress to pass a short-term measure to fund the federal government and avoid a shutdown at the end of September.
FEMA is down to its last $3.4 billion as Maui wildfires, Hurricane Idalia slam U.S.
Biden called on Congress Thursday to pass $12 billion in additional funding for FEMA next month at the latest when hurricane season reaches its peak.
SentinelOne CEO says the cybersecurity company is not for sale
SentinelOne wants to keep being a publicly traded company after going public in 2021, although it has underperformed some of its peers this year.
Biden says he will visit Florida this weekend to survey Idalia damage: 'Our nation has your back'
Idalia made landfall Wednesday morning as a Category 3 storm but has since weakened to a tropical storm.
Shopify stock pops after company strikes 'Buy with Prime' deal with Amazon
The agreement serves as a detente between the two companies after Shopify initially urged merchants not to use Buy with Prime, citing security risks.
Biden says he's 'forever grateful' to forces in Afghanistan on two-year anniversary of exit
Biden ordered the full withdrawal of approximately 3,000 U.S. troops from Afghanistan by Aug. 31 2021.
Giuliani loses support of billionaires Langone, Cooperman: 'I wouldn't give him a nickel'
Rudy Giuliani will not be getting help from some of the top donors from his 2008 campaign for president, as they turn their backs on him.
Ozempic could be the next target of Medicare drug price negotiations – here's why
Wall Street analysts expect Ozempic to be selected for price negotiations in 2025 due to the amount of money Medicare Part D already spends on the drug.
Tesla reportedly facing DOJ, SEC probes over plans to build Elon Musk a large glass house
Tesla is reportedly facing two new federal probes over possible misuse of company resources by or for the personal benefit of CEO Elon Musk.
Salesforce shares pop on earnings beat and optimistic forecast
Salesforce saw gains in all five product categories, and CEO Marc Benioff sees more growth from artificial intelligence capabilities
Qualcomm banks on AI to get a bigger share of the automotive chip market
Qualcomm is hoping to capitalize on the hype around generative AI to convince automakers to buy more of its chips.
61% of Americans are living paycheck to paycheck — inflation is still squeezing budgets
More than half of all U.S. adults currently live paycheck to paycheck, according to a new report.
HHS calls for easing restrictions on marijuana, sending cannabis stocks higher
That move could potentially expand the market for cannabis, sending shares of Canopy Growth, Tilray Brands and Cronos Group higher.
Autumn arrives earlier than ever for Starbucks and others with pumpkin menu items
More restaurants and retailers including Starbucks, Dunkin' Donuts and IHOP are launching their limited-time pumpkin items in August.
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