Business News
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Prosecutor conceded lack of criminal evidence in Federal Reserve investigation, transcript shows
Newly released court records indicate the Justice Department's investigation of a $2.5 billion renovation project at the Federal Reserve didn’t find any evidence of a crime before a judge quashed government subpoenas, dealing a severe blow to the probe
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OpenAI pulls the plug on Sora, the viral AI video app that sparked deepfake concerns
OpenAI is shutting down its social media app Sora, which went viral last fall as a place to share short-form videos generated by artificial intelligence but also raised alarms in Hollywood and elsewhere
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Fire out and shelter-in-place order is lifted after oil refinery explosion near Texas coast
Officials say an oil refinery fire near the Texas coast has been put out and a shelter-in-place order has been lifted following air quality testing
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Belgian drugmaker UCB to invest $2B in suburban Atlanta plant, adding 330 jobs
Belgian pharmaceutical maker UCB says it will build a $2 billion drug manufacturing plant near Atlanta
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FDA flags misleading claims for cancer drug by biotech billionaire Patrick Soon-Shiong
Federal health officials have issued a warning about controversial statements made by biotech billionaire Dr. Patrick Soon-Shiong about one of his company's cancer drugs
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US stocks give back some of the rally sparked by Trump's talk of negotiations with Iran
U.S. stock indexes slipped and gave back some of their rallies from the day before, while oil prices got back to rising
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Amazon buys Fauna Robotics, maker of the Sprout humanoid robot
Amazon has acquired Fauna Robotics, just under two months after the startup introduced a humanoid robot called Sprout designed for social spaces like homes and schools
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New Mexico jury finds Meta's platforms are harmful to children's mental health and imposes $375 million penalty
New Mexico jury finds Meta's platforms are harmful to children's mental health and imposes $375 million penalty
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The Latest: Over 450 TSA officers have quit since the partial shutdown began
U.S. senators are discussing a proposal to end the Homeland Security budget stalemate by funding much of the department, including Transportation Security Administration airport workers who are going without pay
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Trump administration's $1B deal to stop offshore wind shows an evolution in its anti-wind strategy
The Trump administration’s $1 billion payout to a French energy company to walk away from U.S. offshore wind development is a novel tactic against the industry that supporters see as creative, but opponents see as foolish and extreme
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