Apple turning AirPods into hearing aids underscores effort to crack massive health market
Apple is using its newest AirPods Pro as a way to help break into the health industry, a potential $15 trillion market.
Moderna shares plunge on plans to cut $1.1 billion in costs, launch 10 new products by 2027
Moderna is deprioritizing certain parts of its pipeline, which involves pausing work on some products and scrapping others.
Eli Lilly says it will invest $1.8 billion to expand manufacturing for weight loss, diabetes and Alzheimer’s drugs
Demand for Eli Lilly’s Zepbound and Mounjaro has outstripped supply over the last year, forcing the company to invest heavily to increase production.
California attorney general warns tech platforms to look out for voter deception ahead of election
California Attorney General Rob Bonta cautioned executives at tech companies to work harder to protect voters from deception.
Biden administration did not fast-track student loan relief before final rule: official
The Biden administration three times has sought to forgive federal student debt only to see courts block those efforts after Republican-led challenges.
Oracle trails only Nvidia among large-cap tech this year, as Ellison closes in on Bezos
Oracle shares are trading at a record following this week’s earnings report and continuing growth in the company’s cloud business.
Restaurant chain BurgerFi files for Chapter 11 bankruptcy protection
In its latest quarter, same-store sales at BurgerFi’s namesake chain tumbled 13%.
Americans have more than $32 trillion in home equity — a record high. Here’s what to know before you tap it
Many Americans are house-rich, thanks to a runup in home prices. But high borrowing costs make it harder to tap your home for cash.
House Speaker Johnson pulls government funding bill after GOP support collapses
The House bill would fund the government through March and require people to show proof of citizenship to register to vote, a measure backed by Donald Trump.
Social Security cost-of-living increase for 2025 could be 2.5% — the lowest since 2021, estimate finds
As inflation subsides, Social Security beneficiaries are poised to see a lower benefit increase next year.
