Business

Morgan Stanley Lifts Robinhood Target to $150, Sees 43% Upside

Morgan Stanley raised its Robinhood price target to $150 from $124 on September 1, citing 43% upside from deeper user monetization rather than crypto.

Trump Warns Communities Opposing AI Data Centers Risk Becoming ‘Backwards and Poor’

President Trump warned US communities rejecting AI data centers risk becoming 'backwards and poor,' as local resistance grows ahead of November's midterms.

Trump Says Exxon Entering Venezuela as US Claims 65 Billion Barrels

Trump said Friday the US secured majority control of 65 billion barrels of Venezuelan reserves and that Exxon would return, though gas prices are unlikely

Bessent Urges Japan to Hike Rates and Strengthen Yen

US Treasury Secretary Scott Bessent called on Japan to raise interest rates and steady its finances, pointing to a possible Bank of Japan hike in September

Pentagon Gets 35% Stake in Venezuela Oil Firm Under $100 Billion Deal

The White House confirmed a Venezuela oil deal granting the Pentagon a 35% stake and NABEP 100-year concessions over 17 fields holding 65 billion barrels.

Burger King Targets Families with Colored Whopper Buns and Movie Tie-Ins in Turnaround Strategy

Burger King is advancing its turnaround efforts by focusing on attracting families back to its restaurants through innovative menu items and partnerships with popular...

Cigna’s Evernorth Secures New Deals to Lower Costs for Popular GLP-1 Weight Loss Drugs

Only about half of health insurer Cigna’s clients currently cover the widely used GLP-1 weight loss drugs Wegovy and Zepbound due to their high...

Nike to Increase Prices on Footwear and Apparel Amid Tariff Pressures

Nike is preparing to increase prices on a wide array of footwear, apparel, and equipment, with adjustments expected to take effect as soon as...

Trump’s Meme Coin Event Sparks Controversy Amid Price Drop and Regulatory Concerns

The price of President Donald Trump’s meme coin fell 16% by Friday morning, just hours after he hosted an exclusive black-tie gala at his...

Portugal Emerges as Top Choice for Americans Considering Relocation Abroad

In recent years, Portugal has experienced a significant surge in popularity among American travelers, and it now stands as the top country where Americans...

Nurse Anesthetist Builds Million-Dollar Quilting Business While Keeping Full-Time Job

Mike O'Dell, a 50-year-old nurse anesthetist from Oklahoma City, spends most of his week immersed in the high-pressure environment of hospital operating rooms, confined...

Newark Flight Disruptions Spur Slight Passenger Shift, Says American Airlines

American Airlines' chief financial officer Devon May acknowledged that some travelers are starting to avoid Newark Liberty International Airport in favor of other nearby...

NOAA Predicts Above-Average 2025 Hurricane Season Amid Rising Insurance Risks

Government scientists have released their outlook for the 2025 hurricane season, forecasting a 60% likelihood of above-average storm activity. The National Oceanic and Atmospheric...

U.S. Housing Market Slows as High Rates Dampen Spring Sales

The U.S. spring housing market is facing headwinds as elevated mortgage rates and low consumer confidence continue to suppress activity. In April, sales of...

Epic Universe Launch Transforms Universal Orlando into Premier Vacation Destination

With the grand opening of Epic Universe, Comcast is positioning Universal Studios Orlando Resort as a premier vacation destination rather than a quick stopover....

Monarch Raises $75 Million Amid Surge in Subscribers After Mint Shutdown

Monarch, a personal finance startup based in San Francisco, has raised $75 million in a Series B funding round, bringing its valuation to $850...

Boeing Reaches DOJ Agreement to Avoid Trial Over 737 Max Crashes

Boeing has reached a non-prosecution agreement with the U.S. Department of Justice, enabling the aerospace manufacturer to avoid criminal prosecution in connection with two...

United Airlines Reaches Tentative Agreement with Flight Attendants

United Airlines has reached a tentative labor agreement with the Association of Flight Attendants-CWA, representing approximately 28,000 flight attendants. This milestone deal is being...

Tesla Limits Shareholder Lawsuits with New Bylaw Amid Legal Battles

Tesla, led by Elon Musk, recently announced a significant change to its corporate bylaws that limits shareholders' ability to sue the company over alleged...

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