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Business

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Google Discloses $94.1 Billion in SpaceX Stock, Marking 6% Stake

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.

Business ·24 Jul 2026, 07:01 ·Priya Raman 2 min read
Midwest Poultry Services recalls 19 million eggs over salmonella risk

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.

Business ·24 Jul 2026, 01:00 ·Priya Raman 2 min read
China egg prices surge as farmers cull flocks amid economic volatility

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.

Business ·23 Jul 2026, 20:08 ·Priya Raman 3 min read
Brent crude oil hits $100 per barrel amid Middle East fighting

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.

Business ·23 Jul 2026, 19:06 ·Priya Raman 3 min read
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

Oil hits $100 a barrel after Iran-backed Houthis ‘strike two tankers’ in Red Sea

Business ·23 Jul 2026, 18:03 ·Priya Raman 5 min read
Nearly 1.6 million dozen eggs recalled over salmonella risk

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.

Business ·23 Jul 2026, 17:02 ·Priya Raman 3 min read
EU hits Google with $1 billion fine over its Play app store and search

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.

Business ·23 Jul 2026, 16:01 ·Priya Raman 3 min read
Andy Burnham cuts business rates

Andy Burnham cuts business rates

Andy Burnham cuts business rates

Business ·23 Jul 2026, 13:08 ·Priya Raman 3 min read
Brent crude nears $100

Brent crude nears $100

Brent crude nears $100

Business ·23 Jul 2026, 13:06 ·Priya Raman 2 min read
UK PM Andy Burnham to cut business rates for pubs, clubs and music venues

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.

Business ·23 Jul 2026, 11:03 ·Priya Raman 3 min read
Alphabet reports Q2 2026 revenue of $119.8 billion

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.

Business ·23 Jul 2026, 00:03 ·Priya Raman 3 min read
Amazon Cuts Jobs in Artificial General Intelligence Unit

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.

Business ·22 Jul 2026, 23:05 ·Priya Raman 3 min read
Oil prices hit $95 a barrel as Iran war and Houthi threats escalate

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.

Business ·22 Jul 2026, 23:01 ·Priya Raman 4 min read
Clarity Act revisions would ban presidents from issuing digital assets

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.

Business ·22 Jul 2026, 22:03 ·Priya Raman 3 min read
Trump plans tariffs on imported generic drugs to reshore production

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.

Business ·22 Jul 2026, 18:04 ·Priya Raman 3 min read
Trump promotes child investment accounts amid funding delays

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.

Business ·22 Jul 2026, 10:01 ·Priya Raman 3 min read
UK inflation falls to 2.6% in June amid lower food and fuel prices

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'.

Business ·22 Jul 2026, 09:01 ·Priya Raman 3 min read
Judge approves Anthropic $1.5 billion settlement over book piracy

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.

Business ·22 Jul 2026, 00:02 ·Priya Raman 3 min read
Car dealership startup costs can range from $30,000 to six figures

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.

Business ·21 Jul 2026, 21:03 ·Priya Raman 3 min read
China weighs tighter export controls on AI models and chips

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.

Business ·21 Jul 2026, 12:09 ·Priya Raman 3 min read