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Warton grad who used to pressure wash homes raises $40M to help plumbers, electricians run businesses with AI21:43 George Eliadis, 24, raised venture capital funds from Andreessen Horowitz and Sequoia Capital for Probook, his AI platform for home service businesses. Delta CEO Ed Bastian reveals what he says must happen for airline ticket prices to fall20:33 Delta Air Lines CEO Ed Bastian says ticket prices will drop when more supply enters the market, citing air traffic control congestion as a bottleneck. Andrew Cuomo warns Congress is running out of time on blockchain regulation, says families could save on fees20:33 Former Gov. Andrew Cuomo details his role co-chairing an OKX and NYSE parent company venture aimed at lowering costs for consumers through the blockchain. Computer wars heat up as Chinese supercomputer tops all US machines in speed for first time since 201719:59 China s LineShine supercomputer surpasses El Capitan for world s fastest on the TOP500 List, the first time since 2020 a U.S. system lost the crown. Oil tanker traffic through Strait of Hormuz hits highest level since conflict began but mines remain18:50 Oil prices drop as tanker traffic through the Strait of Hormuz picks up amid U.S.-Iran negotiations, though mines remain in the central channel. Bath & Body Works expands beyond malls with Ulta Beauty partnership, revives fan-favorite scent15:18 Bath & Body Works announced its strategic partnership with Ulta Beauty, rolling out products in more than 600 stores starting July 12 as part of its growth plan. US shoulders disproportionate cost of new medications, report finds14:44 A new Office of Health Policy report reveals Americans shoulder a disproportionate share of prescription drug costs, covering nearly 80% of innovative revenue for new medications. Thousands of bottles of blood pressure medication recalled nationwide23:43 Over 11,000 bottles of chlorthalidone blood pressure medication are being recalled nationwide due to failed dissolution specifications, according to the FDA. Coca-Cola takes its fight with the IRS to federal appeals court with $20B on the line23:43 Coca-Cola takes its transfer pricing tax dispute with the IRS to a federal appeals court in Miami, with an estimated $20 billion in taxes at stake. Microsoft CEO has a warning about the AI race22.června Microsoft CEO Satya Nadella warns AI companies must earn public trust and not frame AI as a tool to eliminate jobs, calling for social permission. Newsom's political defense faces skepticism as DOJ investigation continues22.června Gavin Newsom claims Trump DOJ investigation is politically motivated, but questions remain about behested payments directed toward his wife s charity in California. Housing affordability unlikely to return to more favorable levels of the past, economist says22.června Morgan Stanley report says U.S. housing affordability is unlikely to return to pre-2022 levels as the market adjusts to higher costs and tighter supply. California exodus 2.0: How SpaceX, tech IPOs could trigger the next massive wealth flight to Florida22.června IPO debuts from SpaceX, OpenAI and Anthropic could trigger a "Tech Exodus 2.0" out of California, as newly minted millionaires flood South Florida real estate. Beloved pizza chain turns America’s 250th birthday into summer-long celebration22.června Happy Joe s Pizza & Ice Cream is celebrating America s 250th birthday with patriotic pizzas, block parties and a "Freedom Flyaway Sweepstakes" through Aug. 15. |
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