Business

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Equities and dollar rise with encouragement from economic data and earnings reports  ReutersView Full Coverage on Google News Source link

WASHINGTON (AP) — The Food and Drug Administration is allowing vaping brand Juul to keep its e-cigarettes on the market, providing relief to a company that has struggled for years after being widely blamed for sparking the teen vaping trend. FDA regulators said Thursday that Juul’s studies show its e-cigarettes are less harmful for adult smokers, who can benefit from …

A California federal judge ruled Thursday that three authors suing Anthropic over copyright infringement can bring a class action lawsuit representing all U.S. writers whose work was allegedly downloaded from libraries of pirated works. The filing alleges that Anthropic, the Amazon-backed OpenAI competitor behind the chatbot Claude, “violated the Copyright Act by doing Napster-style downloading of millions of works.” It …

Shares of Abbott Laboratories fell Thursday after the diversified health-care company delivered a solid second quarter but left investors disappointed with forward guidance. Revenue in the three months ended June 30 rose 7.4% to $11.14 billion, outpacing the $11.07 billion consensus estimate, according to estimates compiled by LSEG. Organic sales , excluding Covid testing results, rose 7.5%, beating the 7.2% …

2025-07-17T16:39:03Z Share Facebook Email X LinkedIn Copy link lighning bolt icon An icon in the shape of a lightning bolt. Impact Link Save Saved Read in app This story is available exclusively to Business Insider subscribers. Become an Insider and start reading now. Have an account? Log in. Amazon is laying off employees in its cloud-computing unit, Amazon Web Services. …

PepsiCo Reaches for Protein and Fiber to Boost Sales of Frito-Lay Snacks  The New York Times PepsiCo stock rises on earnings beat, turnaround plan  CNBC PepsiCo Revenue Rises Despite Lower North America Volumes  The Wall Street Journal PepsiCo (PEP) Shares Skyrocket, What You Need To Know  Yahoo Finance PepsiCo Stock Rises After Earnings. Why the Dollar Is Helping Its Outlook.  Barron’s Source link

F.D.A. Panel to Reassess Hormone Therapy Warnings  The New York TimesView Full Coverage on Google News Source link

OpenAI is launching a new general purpose AI agent in ChatGPT, which the company says can complete a wide variety of computer-based tasks on behalf of users. OpenAI says the agent can automatically navigate a user’s calendar, generate editable presentations and slideshows, and run code. The tool, called ChatGPT agent, combines several capabilities from OpenAI’s previous agentic tools, including Operator’s …

A family shops in a Walmart Supercenter on May 15, 2025 in Austin, Texas. Brandon Bell | Getty Images SECAUCUS, N.J. — As customers walk the aisles of Walmart stores, there are some early signs that higher tariffs are changing pricing. The nation’s largest retailer warned in May that it would have to raise prices for its shoppers as President …