Business
Trump signs order for strategic crypto reserve, adds 200,000 seized Bitcoins
President Donald Trump promised Bitcoiners a strategic reserve during his appearance at a crypto conference in July. Read More
RFK Jr. touts vitamin A and cod liver oil as another death is reported in growing measles outbreak. Health experts warn the move is ‘misleading the public’
In the U.S., the CDC calls vaccination “the best defense” against becoming infected with measles. Read More
Private equity group Sycamore to take Walgreens private in $10bn deal
Tie-up will bring to an end the drugstore chain’s century-long run as a public company
Trump open to again extending TikTok deadline if necessary
Trump said Thursday there was “a lot of interest” in TikTok. Read More
Trump restrains Doge as concern mounts over scale of job losses
US cabinet told to ‘keep all the people you want’ in first sign of pushback against Elon Musk’s cost-cutting project
Sam Bankman-Fried says Diddy has been ‘kind to me’ in interview with Tucker Carlson
Bankman-Fried shared what it’s like to be in prison with Diddy as the former crypto founder angles for a pardon ...
Elon Musk tells Republican lawmakers he’s not to blame for federal firings
It’s a remarkable shift of emphasis away from the chainsaw-wielding tech entrepreneur whose vast power has made him an admired, ...
Why automakers’ short reprieve from tariffs isn’t enough to weather Trump’s escalating trade war
In response to concerns about the short timeline for auto companies, White House Press Secretary Karoline Leavitt noted that Trump ...
Stocks sink as tariff back-and-forth roils trading: markets wrap
The S&P 500 lost 2% and the Nasdaq 100 sank 3%, with the tech-heavy gauge on the brink of a ...
A bond sell-off that began in Germany is causing borrowing costs to spike around the world
A $1.3 trillion German spending deal and commentary from the European Central Bank has also prompted yields to surge in ...
As Canadian provinces ditch U.S.-made alcohol, Jack Daniel’s bemoans the ‘very disproportionate response’: ‘It’s literally taking your sales away’
The Liquor Control Board of Ontario will pull American-made alcohol from shelves in grocery stores, bars, and restaurants, amid Trump’s ...
Taiwan’s president insists TSMC’s $100 billion U.S. chip investment wasn’t because of pressure from the Trump administration
Taiwan’s president and top chipmaker TSMC said the company’s decision to invest $100 billion in the U.S. stemmed from customer ...
Crypto prime brokerage August raises $10 million in round led by Dragonfly Ventures
The company will use the money to expand the team and develop new technology. Read More
Former Wall Street rainmaker leads purge of US chips subsidies agency
Elon Musk ally Michael Grimes has overseen shake-up of office doling out billions of dollars in semiconductor subsidies
Rare Michael Jordan and Kobe Bryant jerseys could sell for $10 million each
The relative scarcity of rookie items has become more pronounced as the sports memorabilia industry has matured and expanded. Read More
Trump has undermined US economic exceptionalism
The president’s chaotic policies are squandering a decent inheritance
Starbucks’ layoffs weren’t about cutting costs, CEO tells remaining workers: ‘We’re not effective’
CEO Brian Niccol said it’s up to employees whether Starbucks grows or not. Read More
Exclusive: Anthropic’s Claude 3.7 Sonnet is the most secure model yet, an independent audit suggests
The new Claude won’t jump its guardrails. But AI security should not be confused with AI Safety or ethical AI. ...
Mortgage rates have fallen to their lowest point this year while markets are ‘spooked’ on economic growth and a sour consumer sentiment report
Mortgage applications have already increased as more buyers enter the market. Read More
Home Depot turns to AI to answer online shoppers’ questions
But customers’ uncertain appetite for testing the technology remains a challenge, an executive said. Read More
As JPMorgan Chase enforces a 5 day RTO, staffers complain about too few desks, spotty WiFi and sneezing, sick coworkers
The nation’s biggest bank is committed to getting everyone back in the office, but some workers say the conditions aren’t ...
AI crypto company Validation Cloud raises $15 million in Series A led by True Global Ventures
The company’s goal is to “be at the intersection of every transaction and every interaction in web3.” Read More
EU puts on show of solidarity with Zelenskyy after clash with Trump
Leaders’ summit also aimed at endorsing increased defence spending
US stocks sink on tech weakness and tariff confusion
Wall Street extends slide sparked by fears over economic impact of Donald Trump’s on-off trade war
Musk and Milei’s chainsaw maker Is crafting another for Trump
Argentina’s Mariano ‘Tute’ Di Tella is thrilled that the custom chainsaws filling his one-bedroom apartment have come to symbolize radical ...
Universities that anticipate funding losses from Elon Musk’s DOGE cuts are yanking back admission offers to graduate students
Universities like the University of Pennsylvania are cutting back on graduate admissions programs in preparation of federal funding decreases. Read ...
Trump team tests job candidates by asking who won the 2020 election
Job seekers are also asked their views on the events of Jan. 6, 2021. Read More
BP CEO sees pay cut 30% after profit miss, Elliott intervention
Murray Auchincloss is in the middle of a roadshow meeting with investors in London in the hope of enlisting support for the ...
Senators ask DOJ to investigate whether Elon Musk is using his insider status in the Trump administration to pressure advertisers back to X
Five Democratic senators said they’re concerned X is using Musk’s influential role to “extract revenue from advertisers,” The Wall Street ...
Apple cofounder Steve Wozniak lays into Elon Musk’s ‘mass firings’: ‘I don’t know what got into his head’
The tech founder described Musk’s management style as “bullying.” Read More
