Business News
J&J offers $5.5bn to settle baby powder lawsuits
Sky News - 28 Jul 2026 04:35
Johnson & Johnson (J&J) has offered to pay $5.5bn (£4.13bn) to resolve tens of thousands of lawsuits in the US alleging its talcum powder caused ovarian cancer.
XRP Scam Ring Arrested After Stealing $9M From 71 Investors
Bitcoin.com - 2 Aug 2026 02:05
South Korean police arrested three suspects accused of stealing 12.3 billion won, or about $9 million, from 71 XRP investors. Investigators traced 27.3 billion won through related wallets, indicating that total losses co...
The German Auto Industry, a Pillar of the National Psyche, Is Trembling
The New York Times - 2 Aug 2026 00:58
The countrys iconic carmakers are struggling with tariffs, the growth of electric vehicles and intense competition from Chinese companies.
Bank of America sends strong verdict to Meta stock investor
The Street - 1 Aug 2026 00:33
Bank of America reiterates Buy on Meta stock with an $810 target after a Q2 EPS miss. Analyst Justin Post addresses META's AI assets and ad business.
The Coldcard Exploit Explained: Who Lost Bitcoin and Whos at Risk
Bitcoin.com - 1 Aug 2026 00:30
An attacker exploited weak seeds generated by certain Coldcard hardware wallets to steal bitcoin worth roughly tens of millions from hundreds of addresses on July 30. According to a deep analysis from Galaxy Research, th...
Warsh Considers Reducing Frequency of Fed Policy Meetings
The New York Times - 1 Aug 2026 00:26
The Federal Reserve has met at least eight times a year for decades. Reducing the number of meetings would represent the biggest change by Kevin M. Warsh since he became chairman.
In Another Wild Day for South Korean Stocks, Market Surges 15 Percent
The New York Times - 31 Jul 2026 04:04
After a sharp sell-off, South Koreas stock market rallied as concerns about overspending on artificial intelligence eased, sending the countrys chip shares higher.
Anthropic says its models went rogue and hacked 3 companies during testing
Business Insider - 31 Jul 2026 01:56Corporate insiders are sending warning signals about the stock market
Market Watch - 31 Jul 2026 00:31Ether, XRP flat as chip stocks steady on Samsung's 250-fold profit surge
Coin Desk - 30 Jul 2026 05:19
Crypto's majors barely moved as Asia's semiconductor selloff eased. Most are still lower over the week, with HYPE down 8%.
A.I. Data Centers in Space? A System to Cool Chips Could Help.
The New York Times - 30 Jul 2026 04:01
Researchers at Caltech and Sophia Space, a start-up, have developed a technology using solar power to prevent computer equipment from overheating in orbit.
DOJ Indicts Crypto Investor Over Alleged $20 Million Fraud Targeting Dozens of Victims
Bitcoin.com - 30 Jul 2026 02:30
Federal prosecutors allege a crypto investor orchestrated a scheme that caused about $20 million in losses. The case now heads toward a trial as investigators highlight the alleged misuse of investor funds and cryptocurr...
DoorDash's CEO says AI coding is not enough to make engineers more productive
Business Insider - 29 Jul 2026 04:18Goldman Sachs uncovers key AbbVie stock signals before earnings
The Street - 29 Jul 2026 00:33
AbbVie reports July 31 with its stock near a high. Goldman stays Neutral and points to the signals that could decide the move after earnings.
Elon Musk's solar ambitions have shifted from powering homes to powering Tesla's AI era
Business Insider - 29 Jul 2026 00:26Michelin-starred chef calls for VAT cut for restaurants
BBC - 28 Jul 2026 04:48
Sat Bains offers deli versions of some of his dishes to promote local businesses facing high costs.
Why Paramount Paused Its Blockbuster $111 Billion Deal for Warner Bros.
The New York Times - 28 Jul 2026 02:36
A flurry of negotiations last week cleared the way for an antitrust court battle with states that could determine the fate of the two iconic media giants.
Nvidias potential new deal with OpenAI would revive a spooky tech-bubble habit, analyst warns
Market Watch - 28 Jul 2026 01:19Morgan Stanley sees a troubling S&P 500 repeat
The Street - 28 Jul 2026 00:07
Morgan Stanley says the S&P 500 is showing a familiar 2021 pattern as investors rotate toward companies with stronger earnings and balance sheets.
Sam Altman said AI hasn't led to 4-hour workweeks because people are competitive
Business Insider - 27 Jul 2026 05:30Bitcoin is back above $65,000 as U.S. and Iran hold fire. Oil drops 5%
Coin Desk - 27 Jul 2026 04:21
ETH outperforms BTC, hinting at potential altcoin rally, as the U.S. and Iran hold fire and oil drops.
Iran War Forces Energy Buyers to Unshackle From Global Markets
The New York Times - 27 Jul 2026 04:01
Developing Asian nations, scarred by Middle East supply shocks, are working to scale back their reliance on imported fuels, including liquefied natural gas.