Business live
Continuously updated, source-cited business stories — freshest first.
'Crazy overvalued': Scott Galloway says SpaceX is a '$10 to $30 stock'
Scott Galloway claims SpaceX is a "$10 to $30 stock," arguing the company is crazy overvalued. This critique aligns with concerns
topicAmylyx Stock Surges 55% After GLP-1 Blocker Hits All Trial Goals
Amylyx shares surged 55% following positive Phase 3 trial results for avexitide, a GLP-1 antagonist. The endocrine drug met all tr
topicChina becomes first to recover orbital launch rockets with 2 distinct paths
Private Chinese firm LandSpace successfully landed a steel-booster rocket on land during its second flight. This achievement marks
topicAsian stocks tumble as chip rout, bond yields hammer South Korea and Japan markets
Asian stocks are falling as a deepening semiconductor selloff and rising bond yields pressure markets. South Korea's Kospi has bee
topicInvestors set sights on Swiss franc for popular carry trades after yen intervention
Traders are increasingly using the Swiss franc as a funding currency for carry trades following intervention in the Japanese yen b
topicAnthropic Pre-IPO Credit Facility Set to Climb Past $10 Billion
Anthropic is expanding its pre-IPO credit facility to more than $10 billion as it prepares for a public offering. The company repo
topicWill David Ellison Say Goodbye to Hollywood? Some See Paramount’s Potential Exit From California as ‘Strategically Unwise’
Paramount is demanding a bond of approximately $1.9 billion from state attorneys general and the WGA to cover losses caused by an
topicAmerican Airlines makes major cabin upgrade as it battles for premium passengers
American Airlines is implementing a fleetwide cabin upgrade that brings back seatback screens for every passenger. The airline is
Mark Walter sought loan from Apollo backed by Lakers stake
Dodgers owner Mark Walter sought a loan from Apollo using his stake in the Los Angeles Lakers as collateral. This request coincide
topicMarin County's famous spinning space craft home is on the market
A rotating residence in Novato, Marin County, is on the market for the first time with an asking price of $3.3 million. The struct
topicCerebras launches new server chip and system designed to speed AI chatbots
Cerebras has released the CS-4, a new server chip and system designed to increase the speed of AI chatbots. The company describes
topicThe housing market is on track for its worst year since 2011. 3 predictions for what will happen next
The US housing market is heading for its most difficult year since 2011 as high mortgage rates create a deep freeze. Pending home
topicStock futures are little changed after S&P 500 posts third straight losing day: Live updates
Stock futures remain little changed following three consecutive days of losses for the S&P 500. Markets are under pressure from a
topicTarget hikes outlook as sales rebound and huge tariff refund boosts bottom line
Target increased its full-year financial outlook as recovery efforts and a rebound in sales improved performance. The company doub
topicFutures: After Painful AI Losses, Indexes Near Key Test
Artificial intelligence chip and memory stocks are declining, dragging broader indexes lower. SanDisk, Micron, and Credo led losse
topicLocal salmonella outbreak tied to raw eggs grows to 21 cases, 7 hospitalized
A Salmonella outbreak linked to raw eggs in San Diego County has increased to 21 cases, with seven people hospitalized. County hea
topicDiesel Margins Top $100 a Barrel to Reach Record High as Supply Crunch Grows
Diesel margins have reached a record high, exceeding $100 a barrel, as a growing supply crunch drives prices upward. Buyers are cu
topicRedfin names the 5 best cities to buy a home right now
US pending home sales fell 2.3% in July, according to the National Association of REALTORS. This decline represents the weakest le
topicCEO Who Allegedly Called Staff ‘Monkeys’ Is Being Sued By His Company
A company is suing its former CEO, who previously drew widespread criticism for firing 900 employees during a Zoom call just befor
topicAI Hiring Boom Leaves Women Behind in Top Roles
Women are missing out on the global boom of lucrative artificial intelligence jobs, particularly in senior positions. LinkedIn dat
topicAmericans Are Tossing Salad in Unprecedented Numbers
Americans are discarding fresh produce at record rates due to rising cyclosporiasis cases. The FDA reports that outbreaks are grow
topicOpenAI lays out new security changes after its AI hacked Hugging Face
OpenAI is reducing the pace of model training and rewriting its safety rules following a cyberattack on Hugging Face carried out b
topic'Worrisome': AI is driving a looming market correction, European central bank economists warn
Economists at the European Central Bank warn that an artificial intelligence rally is driving a looming stock market correction. T
topicMore than 35 H-E-B foods recalled as salmonella outbreak spreads
H-E-B has removed over 50 items from Texas shelves, including guacamole, prepared foods, and jalapeño dressing, due to salmonella