Business – Page 4 – The Market Insider

Anne Wojcicki to buy back 23andMe and its data for $305 million

adminJune 17, 20250

Anne Wojcicki, the co-founder and former CEO of 23andMe, has regained control over the embattled genetic testing company after her new nonprofit, TTAM Research Institute, outbid Regeneron Pharmaceuticals, the company announced Friday. TTAM will acquire substantially all of 23andMe’s assets for $305 million, including its Personal Genome Service and Research Services business lines as well […]

Starbucks moves to the next phase in its turnaround: Winning over employees

adminJune 17, 20250

As Starbucks aims to bring back customers and assuage investors with its turnaround strategy, it is also winning over its store managers with promises to add more seating inside cafes and promote internally. Since CEO Brian Niccol’s first week at the company, he’s been pledging to bring the company “back to Starbucks” to lift sluggish […]

Trump made millions on guitars, Bibles and watches with his name on them, disclosure reveals

adminJune 17, 20250

President Donald Trump continues to enjoy income streams from scores of luxury properties and business ventures, many of which are worth tens of millions of dollars, according to a financial disclosure form filed late Friday. Released by the Office of Government Ethics, Trump’s 2025 financial disclosure spans 234 pages in all, including 145 pages of […]

Trump says national security concerns in Nippon-U.S. Steel deal can be resolved

adminJune 16, 20250

U.S. President Donald Trump said on Friday that concerns over national security risks posed by Nippon Steel’s $14.9 billion bid for U.S. Steel can be resolved if the companies fulfill certain conditions that his administration has laid out, paving the way for the deal’s approval. Shares of U.S. Steel rose 3.5% on the news in […]

Shein and Temu see U.S. demand plunge as loophole for cheap goods closes

adminJune 13, 20250

Use of low-cost e-commerce giants Temu and Shein has slowed significantly in the key U.S. market amid President Donald Trump’s tariffs on Chinese imports and the closure of the de minimis loophole, new data shows. Temu’s U.S. daily active users (DAUs) dropped 52% in May versus March, before Trump’s tariffs were announced, while those at […]

Tesla stock sinks as Musk and Trump ridicule each other

adminJune 13, 20250

One day after seeing their largest-ever one-day drop, Tesla shares recovered some losses Friday as the spat between CEO Elon Musk and President Donald Trump that exploded into public view Thursday took appeared to take a breather heading into the weekend. Shares in the electronic vehicle maker gained as much as 5% amid broader market […]

Business

Trump implies government could cut contracts and subsidies to Musk’s companies

adminJune 13, 20250

President Donald Trump has escalated his sudden rupture with Elon Musk by implying the government could sever ties with the tech titan’s businesses. ‘The easiest way to save money in our Budget, Billions and Billions of Dollars, is to terminate Elon’s Governmental Subsidies and Contracts. I was always surprised that Biden didn’t do it,’ Trump […]

Procter & Gamble to cut 7,000 jobs as part of broader restructuring

adminJune 13, 20250

Procter & Gamble will cut 7,000 jobs, or roughly 15% of its non-manufacturing workforce, as part of a two-year restructuring program. The layoffs by the consumer goods giant come as President Donald Trump’s tariffs have led a range of companies to hike prices to offset higher costs. The trade tensions have raised concerns about the […]

Chipotle to launch Adobo Ranch dip after sluggish start to the year

adminJune 13, 20250

Chipotle Mexican Grill is hoping that Americans’ love for ranch will boost its sales. On June 17, the burrito chain is launching Adobo Ranch, a spicier take on the iconic condiment that has transcended salads to adorn pizza, chicken wings and chips. The menu item is Chipotle’s first new dip since queso blanco, which launched […]

‘He’s like Iron Man’: Jensen Huang lit up London Tech Week — and we were in the room

adminJune 13, 20250

LONDON — Wherever Nvidia CEO Jensen Huang goes, excitement follows — this time, all the way to London Tech Week. The Nvidia boss — whom Wedbush analyst Daniel Ives dubs the “godfather of AI” — is more like a rockstar these days, given his wide-spanning effect on the AI industry. “The amount of infrastructure required […]

Recent News

Joyful Parisians take a historic plunge into the Seine after 100 years

Ukraine says it struck a Russian air base as Moscow sent hundreds of drones into Kyiv

Japan braces for more quakes, authorities dismiss doomsday hype

Category: Business

Joyful Parisians take a historic plunge into the Seine after 100 years

Ukraine says it struck a Russian air base as Moscow sent hundreds of drones into Kyiv

Japan braces for more quakes, authorities dismiss doomsday hype

A Gaza ceasefire is the closest it has been in months. Here’s what we know

Dalai Lama marks his 90th birthday as crowds throng his home-in-exile

For the first time, Xi is missing a China-backed BRICS summit. Why?

Anne Wojcicki to buy back 23andMe and its data for $305 million

Starbucks moves to the next phase in its turnaround: Winning over employees

Trump made millions on guitars, Bibles and watches with his name on them, disclosure reveals

Trump says national security concerns in Nippon-U.S. Steel deal can be resolved

Shein and Temu see U.S. demand plunge as loophole for cheap goods closes

Tesla stock sinks as Musk and Trump ridicule each other

Trump implies government could cut contracts and subsidies to Musk’s companies

Procter & Gamble to cut 7,000 jobs as part of broader restructuring

Chipotle to launch Adobo Ranch dip after sluggish start to the year

‘He’s like Iron Man’: Jensen Huang lit up London Tech Week — and we were in the room

Grid News

Joyful Parisians take a historic plunge into the Seine after 100 years

Ukraine says it struck a Russian air base as Moscow sent hundreds of drones into Kyiv

Japan braces for more quakes, authorities dismiss doomsday hype

A Gaza ceasefire is the closest it has been in months. Here’s what we know

Latest Post

Joyful Parisians take a historic plunge into the Seine after 100 years

Ukraine says it struck a Russian air base as Moscow sent hundreds of drones into Kyiv

Japan braces for more quakes, authorities dismiss doomsday hype