Business live
Continuously updated, source-cited business stories — freshest first.
Intel, SpaceX, Robinhood, Carvana, and More Stocks That Explain Today’s Market
A chip production agreement between Apple and Intel boosted semiconductor stocks and aided Wall Street's recovery from a Federal R
topicJeff Bezos told Trump the Washington Post was his worst investment before slashing staff: 'People there are terrible'
Jeff Bezos told Donald Trump that The Washington Post was his "worst investment" during a December 2024 dinner at Mar-a-Lago. Thes
topicAccenture forecast takes hit from Iran war, shares tumble over 17%
Accenture stock fell after the company issued quarterly sales forecasts that missed market expectations. The decline follows a $40
topicStock market today: S&P 500, Nasdaq slide as Big tech, SpaceX hammered
The S&P 500 and Nasdaq experienced declines driven by losses in big tech and SpaceX. The Dow Jones index showed contrasting moveme
topicCarMax shares fall 10% after used car retailer reports earnings beats, CEO details turnaround plan
CarMax reported Q1 revenue of $8.01 billion, exceeding expectations. While unit volume and wholesale demand rose, net earnings fel
topicFed Meeting Today: SpaceX Drops as Investors Await Warsh's First Rate Decision
The Federal Reserve maintained its benchmark interest rate range at 3.5%-3.75% on June 17, 2026. Chair Kevin Warsh signaled that p
topicFreeCast Launches Starlink Business Connectivity Solutions Through Strategic Reseller Agreement
FreeCast, Inc. has signed a reseller agreement to provide Starlink Business satellite broadband to enterprise customers. The compa
topicAI lab Midjourney to open body-scanning wellness spa in Union Square
Midjourney is launching a whole-body ultrasound screening business in Union Square. The company plans to capture health data throu
SpaceX Bankers Preparing for Bond Sale of at Least $20 Billion
SpaceX completed a debt sale raising $25 billion following its record IPO. The company intends to use the funds for AI infrastruct
topicCISA Warns Fortinet Customers as FortiBleed Hits 86,644 FortiGate Devices
The U.S. CISA and U.K. NCSC are alerting Fortinet customers to an automated campaign called FortiBleed. The activity targets inter
topicSpaceX shares to more than double to above $400, research firm predicts
Arete Research predicts SpaceX shares could more than double. The firm established a price target of $401 on Thursday.
topicAmazon employees say they’re facing termination for backing data center limits
Three Amazon software engineers filed a civil rights complaint claiming the company retaliated against them for political speech.
topicSpaceX’s $2.5 Trillion Value Is Built on AI Data Centers. Their Cost Is Otherworldly.
SpaceX is transforming its Colossus data center into a commercial computing platform. The company recently signed a multiyear deal
topicALDI introduces free blind boxes filled with fan-favorite products: How to get one
Aldi offered free grocery blind boxes from June 22 to June 25. A different themed mystery bundle was released each day at 12 p.m.
topicPizza Hut sold to new owners in $2.7 billion deal
Yum! Brands is selling Pizza Hut in a $2.7 billion deal. Ownership will be split between a Chinese restaurant company and a U.S. p
topicWaymo recalls thousands of robotaxis after some vehicles entered freeway construction zones
Waymo issued a voluntary recall of 3,871 driverless vehicles. The software flaw caused cars to enter closed freeway construction z
topicIntel stock soars on reported Apple deal as turnaround continues to pay off
Intel shares rose over 10% after Donald Trump announced a chip design and manufacturing deal with Apple in the U.S. The stock has
topicWall St advances as Iran deal optimism offsets hawkish Fed; Intel soars
U.S. stock futures remained subdued on Monday following a public holiday. Investors are weighing a roadmap for a U.S.-Iran deal ag
topicGE Vernova Supplier Soars After $8.5 Billion Sale To CRH
Construction materials group CRH is acquiring rival Arcosa for $8.5 billion in an all-cash transaction. Arcosa is a Dallas-based p
topicThe Department of War's Office of Strategic Capital Signs $725 Million Conditional Loan Co
The Office of Strategic Capital signed a $725 million conditional loan commitment with Energy Fuels Inc. on Thursday. The funding
topicSeattle business group says JumpStart tax is pushing jobs, investment toward Bellevue
Seattle is seeking new revenue sources to address a budget deficit approaching half a billion dollars. The city's economic develop
topicU.S. Department of Education Announces Student Loan Interest Rate Reduction
Federal student loan borrowers using automatic payments will receive a 1 percent interest rate reduction starting July 1, 2026. Th
topicTrump Education Department to shift 7.5M off unlawful Biden student loan repayment plan
The Department of Education is directing 7.5 million borrowers to exit the SAVE plan after it was deemed unlawful. Borrowers must
topicRussian Central Bank Slashes Key Rate to 14.25%
The Bank of Russia lowered its key interest rate by 25 basis points on June 19, 2026. This marks the ninth consecutive cut as the