Business

Bessent calls on Fed to do comprehensive review of its mission  Politico Treasury Secretary Bessent calls for a review of ‘the entire’ Federal Reserve  CNBC Trump admin live updates: Bessent calls for a review of ‘entire Federal Reserve institution’  ABC News Bessent Says Review of Fed’s Building Renovations Is Needed  Bloomberg.com Bessent: The Trump administration should look into the Fed’s ‘many mistakes’  CNN Source link

Sarepta Therapeutics Announces Voluntary Pause of ELEVIDYS Shipments in the U.S.  Sarepta Therapeutics In surprise reversal, Sarepta Therapeutics says it will pause shipments of Duchenne gene therapy  statnews.com Sarepta LGMD trials all hit by FDA hold amid newly surfaced safety concerns over gene therapy  Fierce Biotech Sarepta shares plunge 40% as future of its gene therapy appears at risk  CNBC Sarepta Therapeutics stock sinks …

Figma’s IPO Seeks $13 Billion Valuation in Latest Tech Debut  Barron’s Figma CEO incentives show company’s high ambitions  Axios Figma’s IPO seeks a $13 billion valuation, with a bitcoin investment as a sweetener  MarketWatch Figma aims at $16.4 billion valuation as tech IPOs bounce back  Reuters Figma IPO could value design software maker at $16 billion  CNBC Source link

Sam Gruet Technology Reporter Getty Images Digital trucking apps look to minimise trucks without cargo When Jared first started out in trucking more than two decades ago, he didn’t anticipate he’d be on tour with a country music star, hauling guitars, amps, and other pieces of on-stage equipment. “It just happened, right place, right time,” the Canadian driver, who prefers …

Thune backs scrutiny of Fed HQ renovations  Politico Fed Chair Jerome Powell hit with criminal referral by House GOP Trump ally  Fox News The Fed’s $2.5B renovation irking President Trump and team  Fox Business Breaking Down the $2.5 Billion Price Tag of the Fed’s HQ Renovation  Bloomberg Fed Takes Fresh Steps to Defend Renovations as White House Intensifies Attacks  The New York Times Source link

In brief The Ether Machine is debuting on the Nasdaq with a $1.5 billion stash of Ethereum. The company plans to leverage staking and decentralized finance. At 400,000 Ethereum, the company’s holdings would be the largest among entities that have joined a so-called Strategic Ethereum Reserve. Another firm dedicated to generating Ethereum is making its Nasdaq debut, starting with a …

The hackers behind the initial wave of attacks exploiting a zero-day in Microsoft SharePoint servers have so far primarily targeted government organizations, according to researchers and news reports. Over the weekend, U.S. cybersecurity agency CISA published an alert, warning that hackers were exploiting a previously unknown bug — known as a “zero-day” — in Microsoft’s enterprise data management product SharePoint. …

Sarepta LGMD trials all hit by FDA hold amid newly surfaced safety concerns over gene therapy  Fierce Biotech We are mothers of Duchenne patients. Recent setbacks with Sarepta must not stop progress  statnews.com Sarepta Therapeutics stock sinks after FDA tells company to stop shipping its bestselling drug  Yahoo Finance Drugmaker Refuses F.D.A. Request to Pull Treatment Linked to Patient Deaths  The New York Times …

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Southwest Airlines introduces assigned seating beginning next year  KSDK Southwest Airlines ditches decades-old open seating after years of holding out  Fox Business Southwest Airlines sets a date for seat assignment launch, lays out new boarding order  CNBC Southwest Airlines sets date for launch of assigned seats  Axios Southwest Airlines announces start date for assigned seating  CNN Source link