Binance co-founder CZ backs crypto license passporting across ASEAN
Binance co-founder CZ backed crypto license passporting across ASEAN to simplify approvals, reduce compliance costs and encourage competition.
24Briefing - Economy News
Economy News
NBCUniversal and YouTube ink deal to embed Peacock in the video platform for premium subscribers
Beginning in early 2027, YouTube Premium subscribers will receive the entirety of Peacock content, including sports and ...
Consolidated food supply may be worsening cyclospora outbreaks, experts say
Experts say food industry consolidation may be amplifying the cyclospora outbreak, allowing contaminated produce to spre...
JetBlue overhauls fare options, from basic first to flexible economy. Here's what to know
JetBlue is doing away with its "Core" product and putting economy tickets under a new name....
Ford wants more customers to customize vehicles to boost profits as it eyes 'Nike shoe drop' moments
Ford is expanding its accessory and parts business in an effort to boost profits and better tap into the $53 billion U.S...
Logistics giants are racing to keep up with healthcare boom as GLP-1s highlight need for cold storage
Shipping and logistics companies are tapping into the growing market of healthcare as cold chain and temperature-control...
Moody's says 'unprecedented' AI spending threatens credit quality of Amazon, Meta, Alphabet and others
Moody's said AI spending is forcing even the world's most cash-rich corporations to lean heavily on debt, stock sales an...
Paramount agrees to delay WBD acquisition to as late as June 2027 amid legal challenge
Paramount previously said it intended to complete its WBD acquisition by the end of September, but said Friday the agree...
CDC says massive cyclospora outbreak is now in nine states
The four newly linked states — Illinois, Kansas, Oklahoma and Pennsylvania — join Indiana, Kentucky, Ohio, West Virginia...
Boom in tech wealth is fueling record prices for dinosaur bones, art and watches, auction houses say
The major auction houses racked up nearly $10 billion in sales in the first half, marking one of the strongest-ever star...
Southwest Airlines put Texas jet fuel on a boat to LA for the first time amid supply worries
Southwest hired a ship this spring to send fuel from Houston to Los Angeles in case of supply shortages....
American Airlines stock tumbles 8% as fuel spike further postpones turnaround
American Airlines further cut its 2026 earnings outlook, citing higher fuel costs....
'The Odyssey' is cleaning up for Imax. Expect the momentum to continue
Nolan's "The Odyssey" is racking up box office dollars for Imax and fueling investor confidence that the company will re...
As Honda CR-V leads U.S. sales, automaker teases new American-built pickup truck
The future of the Ridgeline midsize pickup truck had been in flux, and the automaker said there will be a temporary prod...
Albertsons stock plunges as it says weaker grocery spending will cut into sales and earnings
Shares of Albertsons sank Thursday after the grocer reported softness in its core business and lowered its full-year out...
Comcast earnings highlight NBCUniversal strength ahead of planned split
Comcast said earlier this year it would split the cable businesses from the media business, creating two separate public...
Cyclospora outbreak tests RFK Jr.'s promise to overhaul food system, rebuild trust in CDC
Cyclospora presents a test for HHS Secretary Robert F. Kennedy Jr.'s promise to overhaul the food system and restore con...
Eli Lilly says it will file for approval of next-generation obesity drug in 2027 as it clears two more trials
There are now positive results from five late-stage trials on retatrutide, which Lilly is positioning as the next pillar...
China's Geely to make EVs at Ford plant in Spain under new joint venture
Ford and Geely plan for the joint venture will begin operations in the first half of 2027, with the first new vehicles s...
A tax break for preserving land has drawn IRS scrutiny. Here’s when it still makes sense
For wealthy landowners, conservation easements can still make sense if you avoid these IRS red flags....
Why three automakers dominate the fast-growing hybrid vehicle market
Hybrid sales are surging in the U.S., and Japanese and Korean manufacturers making them are reaping the benefits....
Senate panel advances China auto bill that could bar Mercedes-Benz from U.S.
Mercedes-Benz’s largest individual shareholder is Chinese state-owned BAIC. Cruz warned the bill could hurt Mercedes and...
EU antitrust regulators clear Paramount-WBD merger as it faces challenge by U.S. states
European regulators signed off on Paramount's proposed acquisition of Warner Bros. Discovery....
Nike to cut off thousands of online distributors in China, restructure digital footprint
Nike is streamlining its online business in China as the company looks to stabilize pricing and branding and get back to...
Wall Street is selling more rental homes, as buying ban takes effect
The largest landlords are all net sellers year to date, with 3,180 more homes sold than bought since Jan. 1....
Renting a yacht in the Mediterranean this summer just got cheaper
Summer charters in the Med are down 20% to 30% from last year, yacht brokers say, with a growing number offering special...
RFK Jr. says cyclospora outbreak is 'under control'
Health and Human Services Secretary Robert F. Kennedy Jr. on Tuesday said that the ongoing outbreak of cyclosporiasis is...
Goldman Sachs creates private markets platform as rich investors seek the next SpaceX and Stripe
Goldman Sachs is launching a new alternative investments platform aimed at giving wealthy clients and family offices dir...
GM beats on earnings, raises guidance amid 'resilient' consumer, pricing
GM raised several key earnings forecasts after beating Wall Street's second-quarter expectations as its North American o...
GM announces new gas-powered Cadillac vehicles amid EV pullback
GM CEO Mary Barra said Tuesday the next-generation Cadillacs will include new versions of the CT5 sedan, XT5 midsize SUV...
Novo Nordisk sues Eli Lilly, alleging misleading GLP-1 advertising
Novo asked the court to permanently stop Lilly from running the "deceptive" ads and require the drugmaker to issue corre...