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Category: Business

Government shutdown hits 40 days as Republicans brush back Trumps ask to nuke the filibuster Democrats seek health insurance relif  Fortune

Government shutdown hits 40 days as Republicans brush back Trumps ask to nuke the filibuster…

Stephen Gr...November 9, 2025
“We’re only a handful of votes away” from passing legislation to reopen the government, Senate Majority Leader John Thune, R-S.D., said Saturday.
Goldman Sachs says were not in an AI bubble and its young multimillionaire clientele are allin on AIenergy investments and healthcare innovations  Fortune

Goldman Sachs says were not in an AI bubble and its young multimillionaire clientele are…

Emma Burle...November 9, 2025
Goldman Sachs brought together 100 ultra-rich clientele at its annual At the Helm summit—and AI was the talk of the town.
Plunge in Asias AI Shares Sows Doubts Over WorldBeating Rally  Bloombergcom

Plunge in Asias AI Shares Sows Doubts Over WorldBeating Rally Bloombergcom

Winnie HsuNovember 9, 2025
The sudden slump in Asia’s technology shares last week has jolted investors, serving as a stark reminder that the world-beating rally in artificial intelligence and semiconductor stocks may be nearing…
Baby Formula Recalled After Infant Botulism Outbreak  Bloombergcom

Baby Formula Recalled After Infant Botulism Outbreak Bloombergcom

María Pau...November 9, 2025
Baby formula manufacturer ByHeart Inc. agreed to recall some of its powdered formula after 13 infants were diagnosed with botulism after consuming the product.
Data Fog Intensifying for Fed as Shutdown Delays US Inflation Numbers  Bloombergcom

Data Fog Intensifying for Fed as Shutdown Delays US Inflation Numbers Bloombergcom

Vince Goll...November 8, 2025
Two monthly jobs reports have fallen victim to the longest US government shutdown and a key inflation snapshot due in the coming week is also in jeopardy, illustrating a thickening…
FAA Orders Grounding of MD11 Planes After Kentucky Crash  The Wall Street Journal

FAA Orders Grounding of MD11 Planes After Kentucky Crash The Wall Street Journal

The Wall S...November 8, 2025
FAA Orders Grounding of MD-11 Planes After Kentucky Crash - The Wall Street Journal
Novos CEO Turns to Next Targets After Losing Metsera to Pfizer  Bloombergcom

Novos CEO Turns to Next Targets After Losing Metsera to Pfizer Bloombergcom

Eric Pfann...November 8, 2025
Novo Nordisk A/S Chief Executive Officer Mike Doustdar may have lost out to Pfizer Inc. in a $10 billion takeover battle for obesity drug developer Metsera Inc. But don’t expect…
Voter fury emerges over skyrocketing electricity bills as AI stokes demand  and fears of a stock market bubble  Fortune

Voter fury emerges over skyrocketing electricity bills as AI stokes demand and fears of a…

Marc Levy,...November 8, 2025
Electricity costs were a key issue in this week’s elections for governor in New Jersey and Virginia, a data center hotspot, and in Georgia as well.
Datacenter operator CoreWeave is a stockmarket darling Bears see it as a symbol of the AI infrastructure bubble  Fortune

Datacenter operator CoreWeave is a stockmarket darling Bears see it as a symbol of the…

Jeremy Kah...November 8, 2025
Cloud-computing giant CoreWeave is valued at more than $50 billion, but a heavy debt load represents a major vulnerability.

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