SEATTLE (BRAIN) — Rad Power Bikes filed for Chapter 11 bankruptcy protection Monday in advance of completing a sale of the company and less than a month after it said it could not afford a recall on some of its older lithium-ion batteries that the Consumer Product Safety Commission deemed unsafe. Filed in the U.S….
A Kalshi billboard showing US election odds across from the Nasdaq MarketSite in New York on November 6, 2024 © Bloomberg Prediction markets have ballooned 130 times in size over the past two years, as users have flocked online to make wagers on events in sports, politics and popular culture. Bets placed on online platforms…
London — Plans to ban the sale of new combustion engine cars in the European Union by 2035 have been thrown into turmoil after pressure from car manufacturers. On Tuesday, the European Commission proposed applying the ban, approved in 2023, to only 90% of vehicles, down from 100%. This means the remaining 10% of new…
In a pivotal moment for U.S. politics, Special Counsel Jack Smith recently defended his prosecutions against former President Donald Trump during a closed-door hearing with the House Judiciary Committee. As scrutiny intensifies in the face of a contentious electoral climate, Smith’s testimonies not only underscore the gravity of the allegations against Trump but also highlight…
Adam Feuerstein is a senior writer and biotech columnist, reporting on the crossroads of drug development, business, Wall Street, and biotechnology. He is also a co-host of the weekly biotech podcast The Readout Loud and author of the newsletter Adam’s Biotech Scorecard. You can reach Adam on Signal at stataf.54. In an exceptional year for…
Social Security benefits are likely to lose purchasing power next year despite a historic cost-of-living adjustment (COLA). Inflation has increased in every month since President Trump’s baseline tariff took effect in April. Accordingly, Social Security benefits will get a historic 2.8% cost-of-living adjustment (COLA) next year, which means the average retired worker will receive an…
Message From the CEO, Bruce Flatt Owning Change in a Transforming World Private markets continue to grow as investors recognize the role that private assets can play to help them meet their long-term goals. Investors increasingly understand that essential infrastructure, renewable energy, real estate and other real-asset businesses offer enduring value through stability, inflation resilience…
Roblox users showed up in greater numbers than ever before this year, sharing their experiences with such passion that the impact was felt internet-wide. Roblox content hit 1 trillion all-time views on YouTube, and in July and August, one of every five game-related videos posted on TikTok mentioned Roblox globally. With 88.7 billion hours engaged,1…
Based on Hunterbrook Media’s reporting, Hunterbrook Capital is short $RDNT at the time of publication. Positions may change at any time. See full disclosures below. RadNet’s much-hyped AI business is a sideshow. Less than 5% of the medical imaging company’s revenue — about $65 million out of $1.5 billion in the first nine months of…
The ongoing conflict in Yemen has taken a new turn as the Southern Transitional Council (STC) makes significant military advances in the eastern governorates of Hadramout and al-Mahra. These developments underscore the complexity of Yemen’s multifaceted war, illustrating how various factions vie for control, resources, and representation, thus creating a fragmented landscape that complicates the…
In the face of escalating tensions over pay and job availability, resident doctors in England have launched a substantial five-day strike, marking a pivotal moment in the ongoing struggle for better working conditions within the National Health Service (NHS). This strike not only underscores the vital role doctors play in healthcare delivery but also highlights…
Micron Technology, Inc. (NASDAQ:MU) is one of the best affordable AI stocks to buy now. On December 12, Stifel raised its price target on Micron (NASDAQ:MU) to $300, up sharply from $195, and reiterated its Buy rating. The firm pointed to accelerating demand for AI infrastructure as a key inflection point for the industry, noting…
A version of this story appeared in CNN Business’ Nightcap newsletter. To get it in your inbox, sign up for free here. New York — It’s getting harder to escape slop, the artificial intelligence-generated pablum that has crept into our colleagues’ slide decks, our social media feeds, our news outlets, even our real-estate listings. “Slop…
The United States’ current borrowing trajectory will place an “undue burden on future generations,” an economic think tank has warned, with younger generations facing a higher interest rate environment, slower economic growth, and stalling wage increases. The latest research from the American Action Forum chimes with concerns across both the public and private sectors. JPMorganChase…
NEW YORK — Stocks are drifting on Wall Street following mixed data on the U.S. economy, which did little to clear up uncertainty about where interest rates may be heading. The S&P 500 slipped 0.1% in early trading Tuesday. It’s a bit below the all-time high it set last week. The Dow Jones Industrial Average…
Kraft Heinz is in the process of separating into two groups in an effort to jump-start growth © Reuters The packaged foods industry is undergoing a leadership shuffle as Kraft Heinz hired a new chief executive from Kellanova and said its current CEO would no longer have a management role when a planned split in…
A job seeker speaks with a recruiter at the KeySource booth at the Mega JobNewsUSA South Florida Job Fair held in the Amerant Bank Arena in Sunrise, Florida, on April 30, 2025. Joe Raedle | Getty Images Nonfarm payrolls grew slightly more than expected in November but slumped in October while unemployment hit its highest…
National Economic Council Director Kevin Hassett, one of the finalists for the Federal Reserve chair job, showed support Tuesday for central bank independence. With President Donald Trump apparently in the final days of picking a successor to Jerome Powell at the Fed, Hassett declined in a CNBC interview to directly address his own candidacy but…
As European leaders gather for a pivotal summit, the focus is on utilizing billions in frozen Russian assets to bolster Ukraine’s defense efforts. This meeting not only symbolizes solidarity among European nations but also serves as a critical examination of their commitment to supporting Ukraine amid ongoing hostilities. The implications of this decision extend beyond…
Shares in Chinese makers of batteries, transformers and other equipment vital for the global build-out of artificial intelligence have rocketed this year, as power-hungry data centres rush to secure alternatives to overstretched legacy grids. Profits at Chinese companies such as CATL, the world’s largest battery maker, and Sungrow, the world’s second-largest supplier of integrated energy…
Oil prices fell in early trading on Tuesday, adding to the previous session’s losses, as prospects for a Russia-Ukraine peace deal appeared to strengthen. Buena Vista Images | Photodisc | Getty Images Oil prices fell Tuesday, adding to the previous session’s losses, as prospects for a Russia-Ukraine peace deal appeared to strengthen, raising expectations of a…
On a recent December day, Mark Latino and a handful of his workers spun sheets of vinyl into tinsel for Christmas tree branches. They worked on a custom-made machine that’s nearly a century old, churning out strands of bright silver tinsel along its 35-foot (10-meter) length. Latino is the CEO of Lee Display, a Fairfield,…
A fuel nozzle is inserted into a combustion engine at a petrol pump at a filling station during a refueling process. Picture Alliance | Picture Alliance | Getty Images The European Union on Tuesday is expected to water down its effective ban on sales of new combustion-engine cars from 2035, after lobbying efforts from Germany,…
President Donald Trump has a tiny solution to a big problem: have US factories manufacture very small cars, like the ones found in Asia and Europe, to drive down giant price tags. “Manufacturers have long wanted to do this, just like they are so successfully built in other countries,” Trump said in a Truth Social…
The United States shed 105,000 jobs in October and added 64,000 jobs in November, the Bureau of Labor Statistics said Tuesday, lifting a monthslong fog that had shrouded the labor market. The unemployment rate rose to 4.6% in November, the highest since September 2021. The national employment picture already looked fragile before Tuesday’s report. Jobs…
In this article AMZN Follow your favorite stocksCREATE FREE ACCOUNT Amazon gift cards are offered for sale at a Walgreens store on December 03, 2025 in Chicago, Illinois. Scott Olson | Getty Images Slope, a lending startup that uses artificial intelligence to vet businesses, is partnering with Amazon starting Tuesday to provide a reusable line…
In the midst of the Gaza crisis, the powerful story of Dr. Hussam Abu Safia emerges, showcasing the resilience and commitment of healthcare professionals in war-torn regions. This poignant narrative highlights not only the daily challenges of serving in a besieged hospital under extreme conditions, but also the profound personal sacrifices endured by families affected…
As Israel advances its settlement policies in East Jerusalem, the implications for Palestinian communities are profound and multifaceted. These efforts not only threaten the viability of a future Palestinian state but also exacerbate tensions in a region that longs for peace and stability. Understanding the dynamics of these developments provides critical context to grasp the…
WASHINGTON — U.S. health officials have expanded approval of a much-debated drug aimed at boosting female libido, saying the once-a-day pill can now be taken by postmenopausal women up to 65 years old. The announcement Monday from the Food and Drug Administration broadens the drug’s use to older women who have gone through menopause. The…
Signs the US jobs market is sluggish, but not quickly deteriorating saw traders refraining from boosting bets on near-term Federal Reserve rate cuts, with stocks falling and bonds wavering. A noisy reading reflecting some of the impacts of the longest government shutdown in US history was received by traders with caution. The S&P 500 fell…
iRobot’s collapse marks the end of an era. Co-founder Colin Angle calls it a blow for robotics. Dec 15, 2025, 10:46 PM UTC Jennifer Pattison Tuohy is a senior reviewer with over twenty years of experience. She covers smart home, IoT, and connected tech, and has written previously for Wirecutter, Wired, Dwell, BBC, and US…
Three members of Ben & Jerry’s independent board will no longer be eligible to serve in their roles, after the ice cream company introduced a new set of governance practices. These include a nine-year limit set on board members’ terms. Chair Anuradha Mittal, who earlier said she had no plans to resign under pressure, is…
The deal for Warner Bros Discovery is expected to accelerate through the festive season © Patrick T Fallon/AFP/Getty Images Some of Wall Street’s biggest rainmakers are vying for a hefty profit as the Paramount-Netflix bidding war for Warner Bros Discovery reaches a climax, capping a blockbuster year for mergers and acquisitions. Centerview’s Blair Effron, Evercore…