Micron Technologies and SK Hynix joined the trillion-dollar club, which includes Apple, Meta and Tesla.
Category Archives: business
Gavin Newsom takes a populist turn on AI ahead of a possible 2028 presidential run
AI is becoming a dominant political issue, with many on the right and the left coalescing around concerns about the rapid growth of the industry.
‘60 Minutes’ journalist says CBS contract ended after furor over delayed segment
CBS has reportedly declined to renew a contract with Sharyn Alfonsi, a “60 Minutes” journalist whose segment about an El Salvadoran prison was abruptly nixed.
Judge declines to jail teenager accused of killing stepsister aboard cruise ship
MIAMI — A federal judge on Wednesday declined to jail a Florida teenager accused of killing and sexually assaulting his stepsister, allowing him to remain in the custody of a family member while he awaits trial
$20 billion in tariff refunds have been paid so far, with more on the way
The Trump administration has refunded more than $20 billion in overpaid tariffs so far after the Supreme Court struck down the pillar of Trump’s trade policy.
Zohran Mamdani unveils $28 billion housing plan that could define his time in office
New York Mayor Zohran Mamdani unveiled proposals to build 200,000 affordable housing units and preserve an additional 200,000 more over the next decade as part of a comprehensive housing plan that amounts to a substantial marker in the national debate on those issues.
Trump pledges to protect the crypto industry and ensure prediction markets ‘thrive’
President Donald Trump stressed the importance of establishing the CFTC’s authority over prediction markets and vowed to protect the cryptocurrency industry.
Tech titans mostly silent after Pope Leo’s warning about risks of AI
Pope Leo XIV’s sweeping warning about the dangers of artificial intelligence drew a largely muted response across the American technology world.
Starbucks struggles to quell outrage over ‘Tank Day’ campaign that evoked massacre in South Korea
SEOUL, South Korea — The head of Starbucks in South Korea apologized again Tuesday as the company faces sustained public backlash against a marketing campaign widely perceived as mocking those who died for the country’s pro-democracy movement.
China’s Huawei touts chip design breakthrough in bid to defy U.S. sanctions
Chinese tech giant Huawei said it had achieved a breakthrough that would allow it to make cutting-edge chips within five years, touting the news as a milestone in Beijing’s effort to circumvent U.S. technology restrictions.