Business

BUSINESS HEADLINES

Saturday, August 15 by SRN News

Berkshire Hathaway boosted stake in Alphabet, homebuilders in the second quarter Berkshire Hathaway is increasing its stake in Google's parent company, Alphabet. It is also boosting its holdings in homebuilders. The company also continued to pare its stake in financial companies and a number of... Read More.

Nvidia in talks to invest $3 billion in SB Energy as part of OpenAI data center deal, the Information reports

Saturday, August 15 by SRN News

Aug 15 (Reuters) - Nvidia is in talks to invest as much as $3 billion in SB Energy, a subsidiary of SoftBank Group and developer of a massive planned Ohio data center project for OpenAI, the Information reported on Saturday, citing people familiar with... Read More.

America In Focus: Inflation cools in July, but so do consumers with their spending

Saturday, August 15 by SRN News

The economy, inflation and how those forces could impact the lives of Americans were front and center over the past week. Trips to the grocery store and gas station are more painful than they were last year, and rising costs are impacting the decisions... Read More.

Prediction market operator Kalshi hits back at Nevada regulator over geofencing fine

Saturday, August 15 by SRN News

Aug 15 (Reuters) - Prediction market operator Kalshi accused Nevada's gaming regulator of violating federal law in a statement on Saturday after it sought daily penalties of $120,000 a day over the firm's alleged failure to comply with a geofencing order. • Board investigators successfully... Read More.

Obesity drugs show early promise against the hormonal disorder PMOS, giving a suffering family hope

Saturday, August 15 by SRN News

Charlotte Touzalin was still a young teenager when she began struggling with weight gain, abnormal periods and unwanted facial hair - the same puzzling symptoms that plagued her mom for decades and that no doctor could piece together. "I'd go home and I'd cry," said... Read More.

Crusading India state food safety chief targets Eternal, Swiggy, Zepto in sweeping crackdown

Saturday, August 15 by SRN News

By Arpan Chaturvedi and Dhwani Pandya MUMBAI, Aug 15 (Reuters) - Maharashtra state's food safety chief has intensified a crackdown on the food and grocery industries, suspending the permits of 12 warehouses of Indian grocery giants Eternal, Swiggy and Zepto after finding cockroach infestations... Read More.

Wall Street week ahead: Home Depot and Walmart report earnings, minutes of Fed meeting are released

Saturday, August 15 by SRN News

NEW YORK (AP) - Wall Street will get financial updates from some of the nation's biggest retailers this week, along with more details from the Federal Reserve's most recent meeting. Home Depot reports its latest results on Tuesday, followed by Target and Lowes on Wednesday,... Read More.

Israeli strike kills 7 in Lebanon, 2 tankers attacked in Hormuz and other news from the Middle East

Saturday, August 15 by SRN News

An Israeli airstrike killed seven people in Lebanon on Saturday, one of the deadliest since a shaky truce between Israel and Hezbollah went into effect on June 20. Meanwhile, two vessels were attacked in the Strait of Hormuz. Here's a look at the latest developments in... Read More.

JPMorgan debanked Polymarket last year over regulatory concerns, source says

Friday, August 14 by SRN News

By Nupur Anand and Manya Saini NEW YORK, Aug 14 (Reuters) - JPMorgan Chase terminated its banking relationship with prediction market platform Polymarket in October of last year, citing regulatory concerns, a person familiar with the matter said on Friday. The source spoke on the condition... Read More.

Exclusive-FTC probes health records giant Epic Systems, sources say

Friday, August 14 by SRN News

By Jody Godoy Aug 14 (Reuters) - Epic Systems, a healthcare database company that holds the medical records of hundreds of millions of Americans, is facing an antitrust investigation by the U.S. Federal Trade Commission, two sources familiar with the matter told Reuters. Epic runs the... Read More.

Current Weather

BUSINESS HEADLINES

Nvidia in talks to invest $3 billion in SB Energy as part of OpenAI data center deal, the Information reports

America In Focus: Inflation cools in July, but so do consumers with their spending

Prediction market operator Kalshi hits back at Nevada regulator over geofencing fine

Obesity drugs show early promise against the hormonal disorder PMOS, giving a suffering family hope

Crusading India state food safety chief targets Eternal, Swiggy, Zepto in sweeping crackdown

Wall Street week ahead: Home Depot and Walmart report earnings, minutes of Fed meeting are released

Israeli strike kills 7 in Lebanon, 2 tankers attacked in Hormuz and other news from the Middle East

JPMorgan debanked Polymarket last year over regulatory concerns, source says

Exclusive-FTC probes health records giant Epic Systems, sources say

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