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Business News

Location American Business News for 20 February 2026

Tesla is dropping a bargain version of the Cybertruck

Business Insider - 20 Feb 2026 03:34
Tesla is dropping a bargain version of the Cybertruck Elon Musk's Tesla is doubling down on its roadmap to make the Cybertruck a working man's car.
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OpenAI offers $15,000 and support resources to staff affected by US immigration authorities OpenAI confirmed it's offering resources to staff navigating ICE detention or other immigration issues, including $15,000 in reimbursement of legal fees.
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His associate said the music industry was "related to P", a way Epstein apparently often referred to women.
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Wingstop, Burger King, and others have walked away from an industry commitment to avoid using fast-growing chickens
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Bitcoin Trapped in a Pressure Cooker: $72K Breakout or $59.9K Breakdown? Bitcoin is trading at $67,411 on Feb. 20, 2026, at 8 a.m. EST, consolidating after a sharp recovery from its recent capitulation low. The broader structure remains corrective, and the burden of proof still rests on bulls...
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Is Blue Owl Private Credits Canary in the Coal Mine?

The New York Times - 20 Feb 2026 13:22
Is Blue Owl Private Credits Canary in the Coal Mine? Steep declines in the shares of private lenders, after a major fund changed how investors can withdraw money, have sparked worries about more trouble to come.
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The biggest purchase in life now seems unaffordable - and thats putting consumers in a sour mood Americans are gloomy about spending despite encouraging inflation and unemployment trends.
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How Metas high-stakes trial could have ripple effects across other industries Insurance companies, for example, could see a rise in claims for digital or social media addiction treatment. Meta founder and CEO Mark Zuckerberg took the stand Wednesday to defend his companys practices in a landmark t...
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Used Tesla prices have soared since the end of the $7,500 tax credit, even as other EVs get cheaper The average price of a used Tesla has climbed 4.3% since the end of the $7,500 tax credit for new EVs in September, according iSeeCars.
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Coinbase CEO Extremely Bullish on Stablecoins as Default Payment for Billions of AI Agents Stablecoins are rapidly emerging as the default payment layer for AI agents, with Coinbase and top crypto leaders positioning them as the backbone of autonomous, machine-driven commerce and the next evolution of global d...
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Fei-Fei Lis World Labs Prompts $1 Billion, Ricursive AI Chip Design Snares $335 Million, Google Joins AI Music Parade Fei-Fei Lis World Labs raises $1 Billion, Ricursive secures $335 Million for AI chip design, and Google adds Lyria 3 music generation to Gemini.
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What the Supreme Court's decision to strike down tariffs means for L.A.'s trade-dependent economy The Supreme Court's decision Friday to strike down the majority of tariffs imposed by President Trump could provide some relief to L.A.'s trade-reliant economy - but only if they are not reimposed again through o...
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Aritzia brings back iconic fashion brand after shutdown The retailer will reopen a historic flagshipas part of a major U.S. expansion strategy.
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Beyond JPEGs: Why the Fight Over Ordinals Is Actually a Fight for Bitcoins Permissionless Future The battle over BIP-110 and the related BIP-444 represents a fundamental schism in the Bitcoin community over whether the network should remain a neutral data protocol or become a curated financial ledger. Philosophical:...
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KATSEYEs Manon Bannerman Announces Temporary Hiatus To Focus On Health The Swiss singer steps back from group activities weeks after the global girl group's Grammy performance and Best New Artist nomination
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Why its so refreshing that Olympic champion Alysa Liu, who quit skating at 16, says she didnt need a gold medal The first American to win the individual womens figure skating event in 24 years offers an inspiring take on success. Alysa Liu, who quit skating at 16, didnt need a gold medal, she told reporters in Milan-she had alread...
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Ask The Morning: The Supreme Courts Tariff Ruling

The New York Times - 20 Feb 2026 23:06
The justices struck down a central piece of President Trumps agenda. What does that mean?
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Sam's Club just copied a Costco members' favorite

The Street - 20 Feb 2026 23:03
Sam's Club just copied a Costco members' favorite It's yet another example of how Sam's Club is constantly trying to keep up with its biggest rival.
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Supreme Court Tariff Ruling to Spur Chaotic Refund Process

The New York Times - 20 Feb 2026 22:38
Supreme Court Tariff Ruling to Spur Chaotic Refund Process The Trump administration says it could take years and additional litigation for importers to get their money back.
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Senators call for investigation into insurance department over handling of L.A. wildfire claims Two California senators have asked for an investigation into the state insurance department's handling of complaints filed by Los Angeles wildfire victims struggling to collect payouts from State Farm.
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AMZN, MSFT, NVDA, SFTBY setting $100 billion on fire From "circular financing" to conflicts of interest, the capex boom this year makes little sense.
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Mortgage trade groups back call for updates to Basel III

American Banker - 20 Feb 2026 22:32
Mortgage trade groups back call for updates to Basel III In a letter to regulators, the consortium of organizations recommended regulatory changes affecting a range of rules from risk weights to warehouse financing.
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