Finance & Business News

Ohio marijuana law overhaul: What to know - FOX 8 News

It’s a big blow to marijuana activists in Ohio.

Why peak uncertainty about the Iran war signals a stock-market rally may be near - MarketWatch

History shows markets tend to bottom about three weeks into a crisis

IEA calls for working from home, driving slower and flying less to tackle energy crisis - Financial Times

Agency says consumer demand measures needed to manage Iran war’s disruption to global markets

The last line of defense against Paramount megadeal - Politico

California's Rob Bonta is coordinating his antitrust review with at least one other state attorney general: Letitia James of New York.

Why it’s so hard for world leaders to bring down oil and gasoline prices - NPR

From waiving the Jones Act to rerouting oil through the Red Sea, governments are doing their best to make up for the crisis in the Strait of Hormuz, but prices are still rising.

Nvidia's Huang pitches AI tokens on top of salary as agents reshape how humans work - CNBC

Most enterprise AI projects have failed since 2018, a sobering track record for an industry awash in enthusiasm.

Global oil price stuck in triple digits. Goldman Sachs says it may stay there for years - CNN

Oil prices dipped Friday but remained well above $100, with energy infrastructure in the Middle East damaged and the vital Strait of Hormuz still largely shut.

Alibaba, Tencent Shed $66 Billion After AI Vision Falls Flat - Bloomberg.com

Alibaba Group Holding Ltd. and Tencent Holdings Ltd. lost $66 billion of market value in roughly 24 hours, after the market punished the twin leaders of China’s tech arena for failing to lay out clear visions for how to profit off artificial intelligence.

Novartis agrees to acquire a pan-mutant-selective PI3Kα inhibitor, strengthening its breast cancer pipeline - Novartis

DOJ, White House Clear Way for Pirro to Keep Powell Probe - Yahoo Finance

President Donald Trump had been open to the idea of dropping the probe into Powell until last Friday, when a judge rejected subpoenas issued to the central...

Airlines draw up contingency plans over jet fuel shortage fears - Financial Times

War in the Middle East is disrupting supplies and driving up prices

Teenagers sue Musk's xAI claiming image-generator made sexually explicit images of them as minors - AP News

Three teenagers in Tennessee have sued Elon Musk’s xAI, claiming the company’s image-generation tools were used to morph real photos of them into explicitly sexual images. The high school students are seeking to proceed under pseudonyms. They filed the lawsui…

FDA Approves New High-Dose Wegovy in US For Boosted Weight Loss - ScienceAlert

(AP) – Federal regulators on Thursday approved a new higher-dose version of the blockbuster obesity drug Wegovy that may help users lose more weight and keep it off.

The Worst-Case Economic Outcome of Trump’s Iran War - The Bulwark

Oil shocks don’t only raise prices. They also destroy growth and jobs.

Jim Cramer says 'sometimes you have to hold your nose' and buy stocks - CNBC

Cramer points to the S&P Short Range Oscillator's extremely oversold levels as a marker for a potential future rally.

Public relations firm picks bar fight with Polymarket - CNBC

Polymarket is running a bar pop up in Washington that it's dubbed the "The Situation Room."

Uber, Rivian ink $1.25B deal to put thousands of robotaxis on US streets - Fox Business

Uber plans to purchase 10,000 Rivian R2 robotaxis with the option for 40,000 more as the companies target a 2028 launch for autonomous ride-hailing service.

Micron Stock Falls As Investors Suspect Peak Is Near And Take Profits - Investor's Business Daily

Micron impressed Wall Street analysts with its massive beat-and-raise earnings report. But investors took profits in Micron stock.

Eli Lilly Confirms 'Superior Weight Loss' Of Its Next-Generation Obesity Drug - Investor's Business Daily

Patients taking retatrutide, lost 16.8% of their body weight over 40 weeks.