Finance & Business News

Lululemon shares plunge as earnings guidance falls well short of estimates - CNBC

Lululemon reported second-quarter earnings Thursday, beating quarterly earnings and revenue estimates but issuing a weak 2025 outlook.

Exclusive | EV Maker Rivian Lays Off Workers as It Preps Launch of Cheaper SUV - The Wall Street Journal

Google facing $425.7 million in damages for nearly a decade of improper smartphone snooping - AP News

A federal jury has ordered Google to pay $425.7 million for improperly snooping on people’s smartphones during a nearly decade-long period of intrusions. The verdict reached Wednesday in San Francisco federal court followed a more than two-week trial in a cla…

The tech antitrust renaissance may already be over - The Verge

Judge Amit Mehta’s remedies ruling in the Google search antitrust case disappointed enforcement advocates, and signals an obstacle to the populist movement.

Paramount Institutes Companywide Return-To-Office Mandate - Deadline

Post-merger Paramount has instituted a return to office policy that requires employees to be in the office 5 days a week, CEO David Ellison announced.

Honda combines Type-R handling with hybrid efficiency for 2026 Prelude - Ars Technica

Will the new Prelude be the best of both worlds when it goes on sale this fall?

Broadcom Earnings: Stock (Ticker: AVGO) Climbs Ahead of Results; What to Expect - Barron's

ChatGPT-induced 'AI psychosis' is a real problem. I talked to the chatbot to figure out why. - USA Today

In a conversation with ChatGPT, I told my AI 'therapist' I was crashing out after seeing my ex. No matter what I said, it told me I was right.

Danish company sues Trump administration over wind farm stop-work order - Politico

Revolution Wind argued in the filing that the administration lacked the legal authority for the stop-work order.

Mega fast-food chain brings back value meals after admitting prices are too high - MLive.com

The Extra Value Meals return to restaurants nationwide on Sept. 8.

Figma Stock Sinks After Disappointing Post-IPO Report - Investor's Business Daily

Figma stock shriveled after the design software firm forecast decelerating revenue growth in its first post-IPO quarterly report.

Goldman Sachs and T. Rowe Price Announce Strategic Collaboration to Deliver Innovative Public-Private Investment Solutions - Goldman Sachs

Stock Market Today: Dow Wavers; Trump's Fed Nominee to Face Senate — Live Updates - The Wall Street Journal

Stephen Miran appears before the Senate Banking, Housing and Urban Affairs Committee today. Trump’s tariffs continue to affect the global economy. Follow along for live updates on the Dow, S&P 500, Nasdaq and other markets.

President Trump’s AI, Energy Dominance Agenda Fuels $1B Investment - The White House (.gov)

Today, Hitachi Energy announced a $1 billion investment in U.S. critical electrical grid infrastructure, including a $457 million investment in a new

Salesforce stock falls as AI gains fail to lift earnings growth - Quartz

Salesforce posted a solid quarter, but Wall Street remains hooked on megacap growth stories for tech stocks

Amazon ends program that lets Prime members share free shipping perk outside household - KSL.com

Amazon is ending a program that allows members of its Prime membership subscription program to share their free shipping benefits with people who don't have the same primary address.

Powerball jackpot hits $1.7 billion, its third-highest prize ever - Fortune

The odds of winning the Powerball jackpot are one in 292.2 million, according to official lottery data.

Spirit Airlines to end service in 12 cities as rivals swoop in - CBS News

Spirit has flown in and out of bankruptcy as the discount carrier struggles with rising costs and heavy debts.

U.S. International Trade in Goods and Services, July 2025 - Bureau of Economic Analysis (BEA) (.gov)

The U.S. Census Bureau and the U.S. Bureau of Economic Analysis announced today that the goods and services deficit was $78.3 billion in July, up $19.2 billion from $59.1 billion in June, revised.