Automakers urge Congress to permanently ban Chinese connected vehicles in U.S.
Major automakers in the U.S. are urging Congress to ban the domestic sale, import and manufacturing of Chinese connected vehicles, hardware and software....
Category : Business
Billionaire family offices back healthcare and biotech startups in August
The personal investment firms of titans like Stanley Druckenmiller are backing innovations in gene editing, drug discovery and more....
NBA suspends Clippers owner Ballmer for one year in Kawhi Leonard salary cap probe
The NBA also fined the Los Angeles Clippers $30 million and said the team will forfeit five first-round picks, one in each year in drafts...
Ford’s production of highly profitable Super Duty trucks hits 20-year high as it recovers from supplier fires
Ford reported its eighth consecutive month of year-over-year U.S. new vehicle sales declines in August....
Stan Kroenke agrees to buy MLB’s Angels, valuing team and regional network at $4 billion
Kroenke Sports and Entertainment was valued at more than $26 billion in CNBC’s most recent list of the world’s most valuable sports empires....
Toyota’s hybrid RAV4 is in demand as dealers wait for more supply
When Toyota announced the new version of its SUV, it said the RAV4 would only be available as a hybrid and that production would be...
Mortgage rates surge to the highest since June 2025 as new Middle East attacks push oil prices up
The expectation had been for falling rates this year, but the war with Iran and its resulting rise in oil prices upended that....
Trump reportedly plans to announce new drug pricing deals with nearly a dozen drugmakers
The string of deals builds on the Trump administration’s push to link the nation’s drug prices to cheaper ones abroad....
Manhattan’s luxury rental market is booming, with units reaching $100,000 a month
New York City brokers said they’ve seen a surge in the number of wealthy renters, which is driving Manhattan rents to new records....
The ‘choose your own adventure’ earnings: Why retailers are handling tariff refunds so differently
Retailers have diverged on how they’ve reported tariff refunds in their earnings this quarter, with some choosing to lower prices and others boosting margins....