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Business News

Location American Business News for 13 July 2026
Dark smoke rose above a Virginia data center as a heat wave pushed the power grid close to its limits A large Digital Realty data center in Ashburn, Virginia turned on diesel generators over the July 4 weekend to deal with a strained grid.
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Tesla stock gets a surprising SpaceX reset

The Street - 9 Jul 2026 08:03
Tesla stock gets a surprising SpaceX reset Tesla stock gets a fresh SpaceX angle as Wall Street weighs robotaxi upside, AI ambitions and a broader Musk-controlled valuation story
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Bitcoin, ether steady, gold slides as US-Iran tensions escalate again Oil climbed for a third day and gold fell for a fourth while bitcoin is up 1.6% on the week.
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Bitcoin under pressure as U.S.-Iran escalation lifts oil Major cryptocurrencies are trading in the red as renewed U.S.-Iran airstrikes push oil higher.
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Germans Dont Love Budweiser. It Wont Take No for an Answer.

The New York Times - 8 Jul 2026 06:01
Germans Dont Love Budweiser. It Wont Take No for an Answer. Not for the first time, Budweiser is trying to make it in Germany. But this is a tough time to sell German drinkers on the image and taste of American beer.
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Bitcoin drops after a run at $64,000, shrugging off Strategy's $213 million BTC sale The token touched $64,400 overnight before easing back, still up about 6% on the week. A fresh missile strike on a Qatari gas ship in the Strait of Hormuz lifted oil and tested the late-June peace deal as Asian tech sold...
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Peter Schiff Warns Strategys 840K Bitcoin Holdings Could Bring Much Greater Losses Peter Schiff warned that Strategys new bitcoin sale policy could result in much larger realized losses after the company sold 3,588 bitcoin for about $216 million under its BTC Monetization Program. How Strategys Confirm...
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AstraZeneca erases billions after sobering reveal

The Street - 12 Jul 2026 03:03
AstraZeneca erases billions after sobering reveal AstraZeneca just had its worst trading day since 2020 over a failed drug trial. Discover why the stock fell that hard.
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AT&T stock price target cut puts dividend investors on alert Morgan Stanley cut AT&T stock price target as Starlink's growth threatens telecom dividends. Here's what income investors need to know now.
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New York Times Accuses Federal Employment Agency of Retaliation A May lawsuit by the Equal Employment Opportunity Commission claims the newspaper discriminated against a white male employee who did not get a promotion.
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The shares are set to start trading on the Nasdaq on Friday in what will be the largest ever debut by a foreign firm.
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SK Hynix raises $26.5 billion in U.S. offering. What to know about the stock. U.S. investors are about to get another straightforward way to play the red-hot market for memory chips.
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Tether Expands Its Footprint in Latin America With a $20 Million Investment in Mercado Bitcoin The stablecoin giant announced that this investment will support Mercado Bitcoins expansion efforts in payment infrastructure, tokenized investment offerings, lending and credit, and on-chain capital markets. The move fo...
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Meta paused AI training on employee keystrokes after data was 'put in a place it wasn't supposed to go:' CTO The Model Capability Initiative, which has faced intense backlash, has been paused temporarily since June, just two months after its implementation.
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Zyns Popularity Has Tobacco Companies Racing to Cash In

The New York Times - 9 Jul 2026 04:06
Zyns Popularity Has Tobacco Companies Racing to Cash In The makers of nicotine pouches are building new plants and expanding to meet demand. While influencers claim health benefits, experts warn the products can be highly addictive.
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A $15 Billion Plan Would Put a Floating City of 50,000 in International Waters First sketched in the 1990s by engineer Norman Nixon, the Freedom Ship is being pitched again by Freedom Cruise Line International as a self-contained floating city in international waters. The plan calls for housing 50,...
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A union says workers are "in the crosshairs" of automation as AI is being tested across ports.
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OPEC, Saudi Arabia share a signal on where oil is headed Two decisions landed within roughly 24 hours, and both point the same way for crude.
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The firm's shares fell sharply on Tuesday as some investors had expected an even stronger performance.
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J.P. Morgan's stock price is flashing valuation warning The bank boosted buybacks after passing stress tests, but valuation looks stretched.
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South Koreas Supreme Court Expands Bitcoin Seizure Powers, With October Rollout Set to Speed Claims South Koreas top court has drafted a civil execution amendment establishing explicit legal procedures to freeze, seize, and liquidate virtual assets like bitcoin during civil litigation. New Rules on Asset Seizure South ...
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Elon Musk and Sam Altman are trading insults over Apple's OpenAI lawsuit, and with SpaceX now public and OpenAI filing to list, retail investors hold a stake in the feud.
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