Business

Rockstar Energy Founder Builds Celsius Stake, Pushes Bid to Become CEO

Rockstar Energy founder Russ Savage has built a 4.7% stake in Celsius Holdings and is pushing to become CEO, sending the energy drink maker's shares higher

New Mexico Court Orders Meta to Pay $567 Million, Overhaul Youth Protections

A New Mexico court ordered Meta to pay $567 million and overhaul Facebook and Instagram to protect minors, bringing its total liability to $942 million.

Appeals Court Halts Trump’s $400 Million White House Ballroom Over Congressional Approval

A federal appeals court ordered the Trump administration to halt its $400 million White House ballroom, ruling it requires congressional approval.

Burger King Overtakes Wendy’s as America’s Second-Largest Burger Chain

Burger King has overtaken Wendy's as America's second-largest burger chain by system-wide sales, powering profit growth at parent Restaurant Brands Interna

SpaceX Rebounds 11% as Argus Upgrade Backs Musk’s AI Investment Strategy

SpaceX shares jumped 11% after Argus upgraded the stock, backing its AI investment strategy and reversing recent investor concern over spending and lockup

Classic Car Market Faces Generational Shift as Monterey Auctions Hit $400 Million

Monterey and Pebble Beach are set to host one of the largest classic car events of the year, with an estimated $367 million to...

MLB Speedway Classic Set to Break Attendance Record at Bristol Motor Speedway

Major League Baseball is preparing for a historic moment this weekend as it stages its first-ever game at a NASCAR track. The Atlanta Braves...

Eli Lilly’s Mounjaro Shows Heart Health Benefits Over Trulicity in Landmark Trial

Eli Lilly announced that its diabetes drug Mounjaro has demonstrated heart health benefits in a late-stage trial directly comparing it with the company’s established...

Best Buy to Launch Ikea Mini-Showrooms in Select Stores

Best Buy announced plans to introduce mini-showrooms within some of its stores, featuring Ikea kitchen design elements alongside Best Buy’s home appliances. Starting this...

JPMorgan Chase Expands with 1,000 New Branches in Seven Years

JPMorgan Chase has opened 1,000 new branches over the past seven years, a number that surpasses the total locations of most of its competitors....

Moderna Announces 10% Workforce Reduction Amid Declining Covid Vaccine Sales

Moderna announced plans to reduce its global workforce by about 10% by the end of the year, responding to declining Covid vaccine sales and...

U.S. Tariffs on European Yachts Spark Concerns Among Buyers and Shipyards

The U.S. luxury boating market is bracing for turbulence after President Donald Trump announced plans for a 15% tariff on European-made goods, including recreational...

Trump Pressures Drugmakers to Slash Prices or Face Government Action

Donald Trump on Thursday escalated his campaign to lower U.S. drug prices, warning major pharmaceutical companies that they have 60 days to commit to...

Thousands of Public Servants Face Delays in Student Loan Forgiveness Amid PSLF Buyback Backlog

Katy Punch, a librarian in North Carolina, has served her community for over a decade—qualifying her for federal student loan forgiveness through the Public...

Palo Alto Networks to Acquire CyberArk in $25 Billion Cybersecurity Deal

Palo Alto Networks has announced plans to acquire Israeli identity security firm CyberArk in a deal valued at approximately $25 billion. Under the agreement,...

Ethereum Turns 10: A New Era of Institutional Adoption and Decentralized Growth

Ethereum has entered its second decade with renewed optimism, following years of underperformance and doubt about its long-term relevance. While its native token, ether...

Robinhood Surpasses Q2 Expectations with 45% Revenue Growth and Strong User Gains

Robinhood delivered better-than-expected second-quarter results, continuing its strong momentum as the top-performing large-cap U.S. tech stock of the year. The company reported earnings per...

OpenAI Launches First European Stargate AI Data Center in Norway

OpenAI announced the launch of a Stargate-branded AI data center in Norway, marking its first such initiative in Europe. The project will be developed...

Meta’s Reality Labs Posts $4.5 Billion Loss in Q2 Amid AR/VR Expansion

Meta’s Reality Labs division, responsible for developing augmented and virtual reality technologies, reported an operating loss of $4.53 billion for the second quarter. The...

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