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The Latest Breaking News on Business

D.C. Wants To Charge Robotaxis $6 Million. Unions Still Say No.

A proposed bill would legalize commercial autonomous vehicles in D.C. under one of the country’s most expensive regulatory frameworks, but unions still want the brakes applied.

Reason

The AI Gold Rush Has a Hidden Cost. IBM’s Preliminary Results May Have Just Exposed It.

IBM's weak preliminary earnings may signal a broader shift as AI infrastructure spending crowds out other enterprise technology investments. Investors should watch whether other tech companies report similar pressure.

Barchart

12 States Sue, Call Paramount–Warner Bros. Merger an Antitrust Violation

If successful, it could do more harm than good to the entertainment industry.

Reason

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What You Need To Know Ahead of Marathon Petroleum’s Earnings Release

Marathon Petroleum is set to report Q2 earnings next month, with analysts expecting triple-digit EPS growth.

Barchart

Conagra Says Rising Beef, Oil and Logistics Costs Will Keep Inflation Elevated

Conagra Brands, Inc. (NYSE:CAG) stock fell in Wednesday’s premarket session after the packaged food maker reported fourth-quarter fiscal 2026 results that beat adjusted earnings estimates but issued weaker-than-expected fiscal 2027 guidance, citing persistent inflation in beef, oil-related inputs and logistics, and cut its quarterly dividend in half.

Benzinga

Kimco Realty’s Quarterly Earnings Preview: What You Need to Know

Kimco Realty is scheduled to report its second-quarter results next month, with Wall Street analysts expecting a single-digit increase in earnings per share.

Barchart

Stripe Wants To Buy PayPal In A $53 Billion Deal, Sending Its Shares Soaring.

PayPal shares surged Wednesday after Stripe and private equity firm Advent International submitted a joint offer worth more than $53 billion for the company that helped bring digital payments into mainstream online commerce.

International Business Times

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Here's What to Expect From Cummins’ Next Earnings Report

Cummins is scheduled to report its second-quarter earnings next month, and Wall Street analysts are forecasting a low-double-digit year-over-year increase in its profitability.

Barchart

What You Need To Know Ahead of DaVita’s Earnings Release

DaVita is entering earnings with strong momentum as investors look for another quarter of solid execution.

Barchart

PayPal shares jump over 15% after Stripe, Advent make $53 billion buyout offer

PayPal shares surged after a reported $53 billion buyout offer from Stripe and Advent International, valuing the company at a premium. The proposal comes amid slowing growth and rising competition, positioning PayPal at the centre of a potential major fintech deal as investors await further developments.

The Economic Times

The U.S. Approved the Export of AI Chips to China. Now A Top Trade Official Says 'Very Few' Made It.

Commerce Department official Jeffery Kessler told lawmakers that shipments of Nvidia's H200 processors have remained minimal despite export licenses being issued earlier this year.

International Business Times

Headline Inflation Climbed Less Than Expected In June. Wholesale Prices Fell Too

The producer price index fell 0.3% in June, beating expectations.

International Business Times

Kleiner Perkins, John Doerr, and UCSF Health think healthcare AI has been built all wrong

UCSF Health is teaming up with Kleiner Perkins and Doerr Capital on a new accelerator that puts founders inside one of America's leading health systems before they build.

Fortune

Is a personal loan a good option for debt consolidation?

With credit card interest rates averaging more than 20 percent - and 40 percent of Americans living paycheck-to-paycheck - many need solutions

The Independent UK

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International Business Times UK

Shopping Elsewhere Will Not Save You: Inside Amazon's Alleged Scheme To Look Cheapest By Making Every Rival Raise Prices

Amazon faces antitrust lawsuits alleging it pressured vendors to raise prices elsewhere, maintaining its low-price image.

MarketBeat

Marriott vs. Viking: Why the Better Quarter Doesn't Mean the Better Decade

Amid resilient travel spending, Marriott and Viking Holdings show strong earnings and booking trends, though both stocks trade near their consensus price targets ahead of Q2 reports.

Benzinga

Elon Musk Faces Possible Election Bribery Charges in Wisconsin Over $1 Million Voter Giveaway

Billionaire Elon Musk may be charged with violating Wisconsin’s election bribery law, according to the state’s Elections Commission.

International Business Times

U.S. Workers Are Becoming More Productive Than Ever. Economists Say AI Isn't the Main Reason Yet

American workers are producing more output than in recent decades, but economists say artificial intelligence is not yet the primary driver of the surge.

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news in one place.

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International Business Times

Inflation Cooled More Than Expected. Traders Now Think the Fed Will Hold Rates Steady in July

The Consumer Price Index (CPI) rose 3.5% over the past 12 months through June, slowing from the 4.2% annual increase recorded in May.

The Guardian - US

IBM loses quarter of its value as tech giant’s shares plunge and profits falter

IBM issued profit warning after weak second quarter, triggering selloff in software sector including Microsoft

The Texas Tribune

Mexico relies heavily on Texas natural gas. The Trump administration could imperil that relationship.

Despite efforts to boost domestic energy production, Mexico will continue to depend on Texas for natural gas, experts said, undermining its stated goals of energy independence.

Fortune

JPMorgan CEO Jamie Dimon says he’s eyeing up book deals and teaching gigs when he steps away from his decades-long career at the banking giant

JPMorgan’s Jamie Dimon has revealed he could become a teacher after he steps down, following in the footsteps of Microsoft’s Steve Ballmer.

Tom’s Guide

Spotify was down: Recap as thousands of users reported sudden outage

Thousands of users reported problems with Spotify today, July 14, but thankfully they didn't seem to last long.

The Economic Times

Why home prices are rising in US and buying a house is becoming more difficult for middle-class Americans

The median home price in the United States reached a record high of $408,776 in June. Affluent buyers are fueling demand, benefiting from stock market gains and cash purchases. This trend widens the affordability gap for first-time and middle-income households. Major cities like San Francisco and West Palm Beach also…

The Economic Times

China's latest 'shock', German auto pain and the euro/yuan pressure cooker

China's export engine is posting a large trade surplus, defying global challenges and trade tensions. Chinese exports climbed significantly in June, driven by tech and surging automobile sales. Europe faces immense pressure from these imports and rising energy prices. German automakers are particularly impacted, considering job cuts and reduced sales.…

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