Musk discusses his new company xAI, ‘superintelligence,’ and China
Elon Musk participated in an hour-long discussion on Twitter Spaces with Reps. Ro Khanna, D-Calif., and Mike Gallagher, R-Wisc.
These 10 states are America’s worst economies, leaving populations at risk
With recession still a risk, these are the states with the weakest economies that would take the biggest hits, based on CNBC’s Top States for Business study.
Treasury yields continue slide as wholesale inflation comes in lighter than expected
U.S. Treasury yields were mostly lower on Thursday after wholesale inflation in June came in cooler than expected.
Viasat stock has worst day ever after new satellite malfunctions
Viasat disclosed its most recently launched communications satellite suffered a malfunction while deploying the reflector of its Viasat-3 Americas satellite.
Amazon hit with labor complaint over failing to bargain with Staten Island union
Workers at one of the retail giant’s Staten Island warehouses, known as JFK8, voted last April to join the Amazon Labor Union.
Chamber of Commerce asks judge to block Medicare drug price negotiations before October
The U.S. Chamber of Commerce asked a judge to block the landmark ability of Medicare to negotiate drug prices.
Amazon’s Prime Day off to a strong start, early data shows
The positive results indicate inflation-weary shoppers are still opening their wallets, lured by deep discounts.
Fox News sued for defamation by Trump supporter Ray Epps over Jan. 6 conspiracy claims
The lawsuit by Ray Epps comes after Fox News agreed to pay Dominion Voting Systems $787.5 million to settle claims about the 2020 presidential election.
Cloudflare, Palo Alto Networks and Zscaler tumble as Microsoft expands in cybersecurity
Microsoft has grown its security business to over $20 billion per year, and the new effort might help the software maker reach $100 billion by 2030.
Communist Party cells influencing U.S. companies’ China operations, FBI Director Wray says
The Chinese government has “exploited” joint business ventures in search of companies’ secrets and information, Wray told the House Judiciary Committee.
