BREAKING NEWS
Gene therapy maker Sarepta tells FDA it won't halt shipments despite patient deaths
Read full article: Gene therapy maker Sarepta tells FDA it won't halt shipments despite patient deathsDrugmaker Sarepta Therapeutics says it won’t comply with a request from U.S. regulators to halt all shipments of its gene therapy.
Did money or politics cause Colbert cancellation? Either way, the economics are tough for TV
Read full article: Did money or politics cause Colbert cancellation? Either way, the economics are tough for TVCBS parent Paramount insists that this week's decision to cancel Steven Colbert's “Late Show” was strictly financial, and had nothing to do with politics.
Lawyer argues Call of Duty maker can't be held responsible for actions of Uvalde, Texas, shooter
Read full article: Lawyer argues Call of Duty maker can't be held responsible for actions of Uvalde, Texas, shooterA lawyer for the maker of the video game Call of Duty is arguing that a judge should dismiss a lawsuit brought by families of the victims of the Uvalde, Texas, school shooting.
The owner of the Tennessee factory where workers drowned after Hurricane Helene won't face charges
Read full article: The owner of the Tennessee factory where workers drowned after Hurricane Helene won't face chargesThe owner of a factory where six workers died last year in flooding from Hurricane Helene won’t face charges after a Tennessee Bureau of Investigation found no criminal wrongdoing.
Trump's attacks on Powell threaten the Fed's independence. Here's why it matters
Read full article: Trump's attacks on Powell threaten the Fed's independence. Here's why it mattersPresident Donald Trump has opened up a new front in his attack on the Federal Reserve and its chair, Jerome Powell: He says the alledged mismanagement of a building renovation project could be grounds for firing Powell.
Coldplay's jumbotron captures — what exactly? The internet has its theories
Read full article: Coldplay's jumbotron captures — what exactly? The internet has its theoriesColdplay's concert at Gillette Stadium on Wednesday took an unexpected turn when a couple caught on the jumbotron sparked debate online.
Education Department will release some frozen grants supporting after-school and summer programs
Read full article: Education Department will release some frozen grants supporting after-school and summer programsThe Education Department plans to release previously withheld grant money for after-school programs.
Trump’s pivot from aid to trade leaves Africa wary as it faces tariffs and uncertainty
Read full article: Trump’s pivot from aid to trade leaves Africa wary as it faces tariffs and uncertaintyU.S. President Donald Trump’s new Africa strategy shifts from aid to trade under a “commercial diplomacy” push, urging ambassadors to broker business deals rather than manage aid programs.
Trump appointees pushed more marble in Fed building renovation White House now attacks
Read full article: Trump appointees pushed more marble in Fed building renovation White House now attacksPresident Donald Trump has looked to the marble finishes and hefty price tag of the Federal Reserve headquarters to claim grounds to fire Chair Jerome Powell, with whom he has tussled for years over interest rates.
Chevron wins legal battle against Exxon over Guyana oil, facilitating $53B Hess deal
Read full article: Chevron wins legal battle against Exxon over Guyana oil, facilitating $53B Hess dealChevron has a clear way for the major oil company to complete its $53 billion acquisition of Hess Corporation’s offshore assets in Guyana.
Chevron gets go ahead for $53B Hess deal, and access to one of the biggest oil finds this decade
Read full article: Chevron gets go ahead for $53B Hess deal, and access to one of the biggest oil finds this decadeChevron has scored a critical ruling in Paris that has given it the go-ahead for a $53 billion acquisition of Hess and access to one of the biggest oil finds of the decade.
Ex-Raptors exec Masai Ujiri remains focused on humanitarian work as Giants of Africa Festival nears
Read full article: Ex-Raptors exec Masai Ujiri remains focused on humanitarian work as Giants of Africa Festival nearsMasai Ujiri is staying focused on his upcoming Giants of Africa Festival even as the longtime NBA executive navigates his recent departure from the Toronto Raptors.
China pledges to crack down on illicit exports of rare earths, urges US to lift more trade controls
Read full article: China pledges to crack down on illicit exports of rare earths, urges US to lift more trade controlsChina's Ministry of State Security says it is cracking down on alleged smuggling of rare earths materials that it says threaten national security.
Most US adults think the GOP tax bill will help the wealthy and harm the poor, AP-NORC poll finds
Read full article: Most US adults think the GOP tax bill will help the wealthy and harm the poor, AP-NORC poll findsA new AP-NORC poll shows that while Republican elected officials are promoting their recently passed tax and spending bill as a win for working Americans, everyday Americans broadly see it as a win for the wealthy.
Trump’s tariff pressure pushes Asia toward American LNG, but at the cost of climate goals
Read full article: Trump’s tariff pressure pushes Asia toward American LNG, but at the cost of climate goalsAsian countries are offering to buy more U.S. liquefied natural gas to ease trade tensions with the Trump administration.
Union Pacific, Norfolk Southern discuss merger to create transcontinental railroad, AP source says
Read full article: Union Pacific, Norfolk Southern discuss merger to create transcontinental railroad, AP source saysUnion Pacific and Norfolk Southern are in merger talks to create the largest railroad in North America that would connect the East and West Coasts.
Trump offers regulatory relief for coal, iron ore and chemical industries
Read full article: Trump offers regulatory relief for coal, iron ore and chemical industriesPresident Donald Trump is granting two years of regulatory relief to coal-fired power plants, chemical manufacturers and other industries as he seeks to reverse Biden-era regulations he considers overly burdensome.
Federal Reserve's Waller says central bank should cut rates at next meeting
Read full article: Federal Reserve's Waller says central bank should cut rates at next meetingA top Federal Reserve official said late Thursday that the central bank should cut its key interest rate later this month, carving out a different view than that of Chair Jerome Powell, who has been harshly criticized by the White House for delaying rate cuts.
After years of tough rules on liquids and footwear, US air travel may be on the cusp of a new era
Read full article: After years of tough rules on liquids and footwear, US air travel may be on the cusp of a new eraHomeland Security Secretary Kristi Noem has hinted at possible changes to TSA's liquid restrictions.
Federal Reserve says building renovation complies with law, defends costs
Read full article: Federal Reserve says building renovation complies with law, defends costsFederal Reserve Chair Jerome Powell on Thursday said the agency’s renovation of its office complex in Washington complies with plans approved by a local commission, disputing a White House suggestion that they had violated the law by deviating from those plans.
OpenAI's advisory board calls for continued and strengthened nonprofit oversight
Read full article: OpenAI's advisory board calls for continued and strengthened nonprofit oversightAn advisory board convened by OpenAI says it should continue to be controlled by a nonprofit because the artificial intelligence technology it is developing is “too consequential” to be governed by a corporation alone.
Netflix delivers another strong performance in second quarter while following a familiar script
Read full article: Netflix delivers another strong performance in second quarter while following a familiar scriptNetflix on Thursday announced another quarter of steady growth built upon its video streaming service’s more than 300 million subscribers.
Interior Secretary Burgum must personally approve all wind and solar projects, a new order says
Read full article: Interior Secretary Burgum must personally approve all wind and solar projects, a new order saysAll solar and wind energy projects on federal lands and waters must be personally approved by Interior Secretary Doug Burgum.
Trump says Coke will shift to cane sugar. But increasingly, shoppers want no sugar in their sodas
Read full article: Trump says Coke will shift to cane sugar. But increasingly, shoppers want no sugar in their sodasThe debate over whether Coca-Cola should use high-fructose corn syrup or cane sugar in its signature cola obscures an important fact: Consumers are increasingly looking for Coke with no sugar at all.
House sends bill regulating stablecoins, a type of cryptocurrency, to Trump
Read full article: House sends bill regulating stablecoins, a type of cryptocurrency, to TrumpThe House has passed two bills intended to boost the legitimacy of the cryptocurrency industry with new regulations as President Donald Trump has pushed to make the U_S_ the “crypto capital of the world.”.
What's in the Republican bill cutting $9 billion from public broadcasting and foreign aid
Read full article: What's in the Republican bill cutting $9 billion from public broadcasting and foreign aidThe Republican-led Congress is testing the popularity of Department of Government Efficiency spending cuts.
Settlement reached in investors’ lawsuit against Meta CEO Mark Zuckerberg and other company leaders
Read full article: Settlement reached in investors’ lawsuit against Meta CEO Mark Zuckerberg and other company leadersA settlement has been reached in a class action investors’ lawsuit against Meta CEO Mark Zuckerberg and company leaders over claims stemming from the privacy scandal involving the Cambridge Analytica political consulting firm.
Congress approves Trump's $9 billion cut to public broadcasting and foreign aid
Read full article: Congress approves Trump's $9 billion cut to public broadcasting and foreign aidThe House has approved President Donald Trump’s request to claw back about $9 billion for public broadcasting and foreign aid.
Average long-term US mortgage rate rises to 6.75%, second straight uptick
Read full article: Average long-term US mortgage rate rises to 6.75%, second straight uptickThe average rate on a 30-year U.S. mortgage rose for the second week in a row, another setback for the U.S. housing market, which is mired in a sales slump as affordability constraints shut out prospective homebuyers.
Houston-based green energy provider looking to disrupt the retail electricity industry
Read full article: Houston-based green energy provider looking to disrupt the retail electricity industryPJ Popovic, founder and CEO of Rhythm Energy, recently stopped by Houston Life to chat about what sets his company apart from others.
ChatGPT helps write this mayor's speeches. Now he wants a thousand city workers using AI
Read full article: ChatGPT helps write this mayor's speeches. Now he wants a thousand city workers using AISan Jose’s mayor is using AI tools like ChatGPT to streamline city operations and improve services for its 1 million residents.
Lin-Manuel Miranda will turn 'Hamilton' 10th anniversary into a fundraiser for immigration services
Read full article: Lin-Manuel Miranda will turn 'Hamilton' 10th anniversary into a fundraiser for immigration servicesLin-Manuel Miranda is using the 10th anniversary Broadway performance of *Hamilton* to support nonprofits providing immigration services.
US applications for jobless benefits fall for fifth straight week, hitting lowest level since April
Read full article: US applications for jobless benefits fall for fifth straight week, hitting lowest level since AprilThe number of Americans filing for unemployment benefits fell last week to the lowest level in three months, a sign that the U.S. labor market remains sturdy despite fears over the impact of widespread U.S. tariffs.
Funders commit $1B toward developing AI tools for frontline workers
Read full article: Funders commit $1B toward developing AI tools for frontline workersA coalition of philanthropic funders will spend $1 billion over 15 years to help develop artificial intelligence tools to help spur economic mobility.
PepsiCo overcomes lagging US sales in a strong second quarter
Read full article: PepsiCo overcomes lagging US sales in a strong second quarterPepsiCo reported better-than-expected earnings and revenue in the second quarter and expressed confidence that new and revamped products can boost its lagging North American sales in the second half of this year.
Australian prime minister indulges in panda diplomacy as China state visit nears end
Read full article: Australian prime minister indulges in panda diplomacy as China state visit nears endAustralian Prime Minister Anthony Albanese has toured a panda breeding facility in the final stages of an extended state visit that has cast China as a fellow champion of a global fair trade system under threat from the United States.
UK signs treaty on defense, trade and migration with Germany as Europe bolsters security
Read full article: UK signs treaty on defense, trade and migration with Germany as Europe bolsters securityU.K. Prime Minister Keir Starmer and German Chancellor Friedrich Merz have signed a treaty that pledges to tighten defense ties.
Trump administration pulls $4B in federal funding for California's bullet train project
Read full article: Trump administration pulls $4B in federal funding for California's bullet train projectThe Trump administration has revoked $4 billion in federal funding for California's long-delayed high speed rail project.
Federal utility backs off Tennessee gas plant site after John Rich says he enlisted Trump's help
Read full article: Federal utility backs off Tennessee gas plant site after John Rich says he enlisted Trump's helpThe nation’s largest public utility says it is looking at other sites for a new natural gas power plant after its preferred location in Tennessee drew heavy public scrutiny, including from country musician John Rich.
Trump says Coca-Cola will use real sugar in its US flagship drink. The company isn't confirming that
Read full article: Trump says Coca-Cola will use real sugar in its US flagship drink. The company isn't confirming thatPresident Donald Trump says that Coca-Cola had agreed to use real cane sugar in its flagship soft drink in the U.S. at his suggestion.
Daunted by geopolitics and trade war, US companies in China report record-low new investment plans
Read full article: Daunted by geopolitics and trade war, US companies in China report record-low new investment plansAmerican companies in China are reporting record-low investment plans and declining confidence in profits this year.
Trump says he's 'highly unlikely' to fire Fed's Powell after floating that idea in private
Read full article: Trump says he's 'highly unlikely' to fire Fed's Powell after floating that idea in privatePresident Donald Trump says he's “highly unlikely” to fire Federal Reserve Chair Jerome Powell.
Senate passes $9 billion in spending cuts to public broadcasting, foreign aid requested by Trump
Read full article: Senate passes $9 billion in spending cuts to public broadcasting, foreign aid requested by TrumpThe Senate has passed Donald Trump’s request to cancel about $9 billion in foreign aid and public broadcasting spending, moving forward on one of the president’s top priorities despite concerns from several Republican senators.
Trial opens against Meta CEO Mark Zuckerberg and other leaders over Facebook privacy violations
Read full article: Trial opens against Meta CEO Mark Zuckerberg and other leaders over Facebook privacy violationsAn $8 billion-dollar class action investors’ lawsuit against Meta CEO Mark Zuckerberg and company leaders begins, with claims stemming from the privacy scandal involving the Cambridge Analytica political consulting firm.
USA Bobsled and Skeleton signs endorsement deal with Honda through 2030 Olympics
Read full article: USA Bobsled and Skeleton signs endorsement deal with Honda through 2030 OlympicsUSA Bobsled and Skeleton has entered into a multi-year endorsement deal with American Honda, one that will give the sliding sports federation financial and technical support going into both next winter’s Milan-Cortina Olympics and the 2030 Games in the French Alps.
US producer prices unchanged with wholesale inflation remaining under control
Read full article: US producer prices unchanged with wholesale inflation remaining under controlU.S. wholesale inflation cooled last month, despite worries that President Donald Trump’s tariffs would push prices higher.
Bipartisan support helps foundations avoid tax increase in new Trump legislation
Read full article: Bipartisan support helps foundations avoid tax increase in new Trump legislationTwo Republican senators and a broad coalition of funders made a big difference for private foundations during negotiations over President Donald Trump’s tax and spending legislation.
Edmunds three-row hybrid SUV test: Kia Sorento vs Toyota Highlander
Read full article: Edmunds three-row hybrid SUV test: Kia Sorento vs Toyota HighlanderThe Kia Sorento Hybrid and Toyota Highlander Hybrid are two strong choices for those willing to sacrifice some interior space, especially in the third row, for exceptional fuel economy and a lower price.
Chinese court sentences a Japanese man to more than 3 years in prison on espionage charges
Read full article: Chinese court sentences a Japanese man to more than 3 years in prison on espionage chargesA Japanese man has been sentenced to three and a half years in prison in China on espionage charges.
Wall Street is rattled as Trump says he discussed firing Powell but is 'unlikely' to do it
Read full article: Wall Street is rattled as Trump says he discussed firing Powell but is 'unlikely' to do itPresident Donald Trump sent the U.S. stock market on a jagged round trip after saying he had “talked about the concept of firing” the head of the Federal Reserve.
How Trump could use a building renovation to oust Fed Chair Powell
Read full article: How Trump could use a building renovation to oust Fed Chair PowellPresident Donald Trump says he's found a way to achieve his goal of removing Federal Reserve Chair Jerome Powell, accusing him of mismanaging the U.S. central bank’s $2.5 billion renovation project.
Retirees, here’s how to tweak the 4% rule to protect your nest egg
Read full article: Retirees, here’s how to tweak the 4% rule to protect your nest eggNew retirees might enter a different environment than their predecessors — the economy or market might have changed slightly or dramatically.
Republicans declared it 'crypto' week in the House. It's not going as planned
Read full article: Republicans declared it 'crypto' week in the House. It's not going as plannedHouse Republicans are struggling with cryptocurrency legislation that they had expected to pass during what they dubbed “crypto week.”.
Trump to put tariffs of over 10% on smaller nations, including those in Africa and the Caribbean
Read full article: Trump to put tariffs of over 10% on smaller nations, including those in Africa and the CaribbeanPresident Donald Trump says he plans to place tariffs of over 10% on smaller countries, including nations in Africa and the Caribbean.
Google partners with Youngkin and offers AI training courses to Virginia job seekers
Read full article: Google partners with Youngkin and offers AI training courses to Virginia job seekersRepublican Gov. Glenn Youngkin announced on Tuesday that Google will partner with his administration to provide free and low-cost artificial intelligence certification courses to Virginians as part of his office’s ongoing effort to connect citizens to new jobs amid changes to the state’s economy.
Trump wields tariffs to sway Putin on Ukraine. Here's how they might work, or not
Read full article: Trump wields tariffs to sway Putin on Ukraine. Here's how they might work, or notRussian President Vladimir Putin has sacrificed an estimated 1 million of his soldiers, killed and wounded, in a three-year campaign to crush Ukraine.
Federal judge reverses rule that would have removed medical debt from credit reports
Read full article: Federal judge reverses rule that would have removed medical debt from credit reportsA federal judge in Texas removed a Biden-era finalized rule by the Consumer Financial Protection Bureau that would have removed medical debt from credit reports.
America's only rare earth producer gets a boost from Apple and Pentagon agreements
Read full article: America's only rare earth producer gets a boost from Apple and Pentagon agreementsMP Materials, the operator of the only rare earths mine in the United States, has signed a $500 million deal with Apple.
France's prime minister wants to cut 2 public holidays to save money for the indebted economy
Read full article: France's prime minister wants to cut 2 public holidays to save money for the indebted economyFrance’s prime minister has proposed cutting two public holidays to save money in next year’s budget.
Senate votes to move ahead with Trump's request for $9 billion in spending cuts
Read full article: Senate votes to move ahead with Trump's request for $9 billion in spending cutsSenate Republicans have advanced President Donald Trump’s request to cancel some $9 billion in previously approved spending.
Employees at the nation's consumer financial watchdog say it's become toothless under Trump
Read full article: Employees at the nation's consumer financial watchdog say it's become toothless under TrumpOnce a powerful watchdog for financial wrongdoing, the Consumer Financial Protection Bureau has seen its enforcement efforts grind to a halt under the Trump administration.
Brazilian ex-President Bolsonaro echoes Trump by describing his coup plot trial as a 'witch hunt'
Read full article: Brazilian ex-President Bolsonaro echoes Trump by describing his coup plot trial as a 'witch hunt'Brazil’s chief prosecutor has called for a guilty verdict in the trial of former President Jair Bolsonaro, accused of leading a coup plot that sought to overturn the 2022 election result.
Capital One, Walmart: A look at some of the consumer cases dropped by the CFPB under Trump
Read full article: Capital One, Walmart: A look at some of the consumer cases dropped by the CFPB under TrumpIn the nearly six months since the Trump administration has had control of the Consumer Financial Protection Bureau, the bureau’s leadership has focused almost exclusively on rolling back any punishments, fines and penalties doled out against companies during the Biden administration.
With Epstein conspiracy theories, Trump faces a crisis of his own making
Read full article: With Epstein conspiracy theories, Trump faces a crisis of his own makingPresident Donald Trump’s strategy has been to downplay the uproar over the Jeffrey Epstein sex trafficking case as his supporters demand the Justice Department release much-hyped records in the investigation.
Nextdoor social site, looking for a revival, pins hopes on partnership with local news providers
Read full article: Nextdoor social site, looking for a revival, pins hopes on partnership with local news providersThe neighborhood social site Nextdoor is hoping for a revival by turning to local news providers.
Tesla debuts in India, but its cars likely cost too much for most Indians
Read full article: Tesla debuts in India, but its cars likely cost too much for most IndiansTesla has opened its first showroom in India, marking the electric vehicle maker’s long-anticipated debut in the world’s third-biggest automotive market.
Australian Prime Minister complains to President Xi about Chinese live-fire exercises
Read full article: Australian Prime Minister complains to President Xi about Chinese live-fire exercisesAustralian Prime Minister Anthony Albanese has raised concerns with Chinese President Xi Jinping over a Chinese naval live-fire exercise near Australia.
A Florida county leads the way with a high-tech 911 system that improves emergency response
Read full article: A Florida county leads the way with a high-tech 911 system that improves emergency responseCollier County, Florida, uses one of the most advanced 911 systems in the U.S., allowing callers to send texts and videos.
Nvidia to resume sales of highly desired AI computer chips to China
Read full article: Nvidia to resume sales of highly desired AI computer chips to ChinaNvidia's CEO Jensen Huang says the technology giant has won approval from the Trump administration to sell its advanced H20 computer chips used for artificial intelligence to China.
Texas tomato prices set to increase due to President Trump’s tariffs
Read full article: Texas tomato prices set to increase due to President Trump’s tariffsInflation rose last month to its highest level since February as President Donald Trump’s sweeping tariffs push up the cost of a range of goods, including furniture, clothing, and large appliances.
Tesla's Autopilot system is in the spotlight at a Miami trial over a student killed while stargazing
Read full article: Tesla's Autopilot system is in the spotlight at a Miami trial over a student killed while stargazingA federal court in Miami began considering Monday whether Elon Musk's car company should share blame for the death of a stargazing university student after a runaway Tesla sent her flying 75 feet through the air and severely injured her boyfriend.
US imposes a 17% duty on fresh Mexican tomatoes in hopes of boosting domestic production
Read full article: US imposes a 17% duty on fresh Mexican tomatoes in hopes of boosting domestic productionThe U.S. government says it's placing a 17% duty on most fresh Mexican tomatoes after negotiations ended without an agreement to avert the tariff.
Starbucks takes aim at remote work, says some employees may need to relocate to headquarters
Read full article: Starbucks takes aim at remote work, says some employees may need to relocate to headquartersStarbucks is requiring some remote workers to relocate to its headquarters and increasing the number of days that corporate employees are required to work in an office.
NFL legend John Elway won't be charged in golf cart accident that killed former agent Jeff Sperbeck
Read full article: NFL legend John Elway won't be charged in golf cart accident that killed former agent Jeff SperbeckNFL Hall of Famer John Elway won’t be charged after his business partner was fatally injured falling out of his golf cart.
Under fire by Trump over costs, Chair Powell seeks watchdog review of Fed building overhaul
Read full article: Under fire by Trump over costs, Chair Powell seeks watchdog review of Fed building overhaulFederal Reserve Chair Jerome Powell is asking an inspector general to review the cost of the central bank’s building renovations that White House officials have attacked as “ostentatious."
Kenvue CEO Mongon leaves the consumer health company as it continues its strategic review
Read full article: Kenvue CEO Mongon leaves the consumer health company as it continues its strategic reviewKenvue says that CEO Thibaut Mongon is departing as the maker of Listerine and Band-Aid brands continues with a strategic review of the company.
Astronauts from India, Poland and Hungary head back to Earth after private space station mission
Read full article: Astronauts from India, Poland and Hungary head back to Earth after private space station missionThe International Space Station's first visitors from India, Poland and Hungary are headed back to Earth.