Business
Google Discloses $94.1 Billion in SpaceX Stock, Marking 6% Stake
Alphabet has disclosed a $94.1 billion investment in SpaceX that significantly increased its quarterly profits, though the shares remain restricted from sale.
Midwest Poultry Services recalls 19 million eggs over salmonella risk
Midwest Poultry Services has initiated a voluntary recall of over 1.5 million dozen shell eggs due to potential Salmonella Enteritidis contamination.
China egg prices surge as farmers cull flocks amid economic volatility
A production paradox and rising fuel costs have sent Chinese egg prices soaring, impacting small vendors and consumers across the country.
Brent crude oil hits $100 per barrel amid Middle East fighting
Brent crude hit its highest price since May as Red Sea attacks threaten global oil flows, triggering Wall Street declines and draining U.S. strategic reserves.
Oil hits $100 a barrel after Iran-backed Houthis ‘strike two tankers’ in Red Sea
Oil hits $100 a barrel after Iran-backed Houthis ‘strike two tankers’ in Red Sea
Nearly 1.6 million dozen eggs recalled over salmonella risk
Nearly 1.6 million dozen eggs across the American South are being recalled after potential Salmonella Enteritidis contamination was detected.
EU hits Google with $1 billion fine over its Play app store and search
Alphabet Inc. has been fined €890 million by the European Commission for search self-preferencing and anti-steering rules in the Google Play Store.
Andy Burnham cuts business rates
Andy Burnham cuts business rates
Brent crude nears $100
Brent crude nears $100
UK PM Andy Burnham to cut business rates for pubs, clubs and music venues
The UK government will introduce a 20% business rates discount for pubs, clubs, and live music venues starting next April.
Alphabet reports Q2 2026 revenue of $119.8 billion
Alphabet beat analyst forecasts with $119.8 billion in quarterly revenue, though massive investment gains and rising capital expenditures sparked market caution.
Amazon Cuts Jobs in Artificial General Intelligence Unit
Amazon is reducing headcount within its AGI organization to prioritize high-impact projects and sharpen its focus on initiatives that matter most for customers.
Oil prices hit $95 a barrel as Iran war and Houthi threats escalate
Global oil prices surged to a six-week high following escalating military conflict between the U.S. and Iran and threats by Houthi militants to block vital energy arteries.
Clarity Act revisions would ban presidents from issuing digital assets
The revised Clarity Act would prohibit senior federal officials, their spouses, and employees from issuing or sponsoring digital assets for compensation.
Trump plans tariffs on imported generic drugs to reshore production
President Donald Trump announced plans to impose steep tariffs on imported generic drugs to force pharmaceutical companies to reshore production into America.
Trump promotes child investment accounts amid funding delays
The Trump administration is championing a government-backed investment initiative for children, though some parents report delays in receiving seed funds.
UK inflation falls to 2.6% in June amid lower food and fuel prices
The UK inflation rate has fallen to 2.6% in June, driven by a dip in transport and grocery prices, though economists warn of a potential 'false dawn'.
Judge approves Anthropic $1.5 billion settlement over book piracy
A federal judge has granted final approval to a $1.5 billion settlement involving AI company Anthropic over the use of pirated books.
Car dealership startup costs can range from $30,000 to six figures
From state licensing and surety bonds to inventory procurement, launching a car dealership requires significant upfront capital and ongoing operational reserves.
China weighs tighter export controls on AI models and chips
Chinese regulators are considering new restrictions on the overseas transfer of AI model weights and semiconductor designs, treating cutting-edge tech as a strategic asset.