Business

Big changes will come to CBS and CBS News, once Skydance‘s takeover of Paramount Global is closed. Skydance has told the Federal Communications Commission that once its acquisition of Paramount Global is complete, it will initiate a “comprehensive review” of CBS to ensure that the network is operating in the public interest, and that it will hire an ombudsman that …

AI Stocks Could Be Undone by Energy Shortage  Barron’s St. Paul-based Ecolab sees gold in surge of new AI data centers  Star Tribune Crisis Ahead: Power Consumption In AI Data Centers  Semiconductor Engineering Meet the companies using AI to reinvent the energy business  Yahoo Finance Who Really Pays for Data Centers Powered By Fossil Fuels?  The Equation – Union of Concerned Scientists Source link

Instagram accounts that primarily feature images of children, but are run by adult users, will no longer be recommended to “potentially suspicious adults.” The update was announced in a blog post detailing the latest expansion of Meta’s child safety features, which includes new blocking and reporting capabilities for teenagers and additional protections for adult-managed accounts that feature children. Meta has …

Goldman and BNY Team Up to Tokenize Money-Market Funds  The Wall Street Journal Goldman Sachs and BNY join forces to transform $7.1 trillion money market industry with digital tokens  CNBC Alexander Hamilton’s bank, Goldman Sachs embrace digital tokens to trade money markets 24/7  Yahoo Finance BNY, Goldman Sachs partner to tokenize money market funds  ledgerinsights.com Goldman, BNY team up to launch tokens tied to …

HIGHLIGHTS RETURN TO POSITIVE COMPARABLE SALES AND TRANSACTIONS IN JUNE NEWPORT BEACH, Calif., July 23, 2025 /PRNewswire/ — Chipotle Mexican Grill, Inc. (NYSE: CMG) today reported financial results for its second quarter ended June 30, 2025. Second quarter highlights, year over year: Total revenue increased 3.0% to $3.1 billion Comparable restaurant sales decreased 4.0% Operating margin was 18.2%, a decrease from …

Missouri’s electricity bills to see highest spike in nation from Trump’s ‘Big, Beautiful Bill,’ report says  KSDK Will ‘Big Beautiful Bill’ raise your energy bill? How much more your utilities could cost  The Des Moines Register Trump, Congress further chill offshore wind industry  The New Bedford Light Massachusetts braces for clean energy layoffs amid Trump’s cuts  The Boston Globe Article | Federal tax credit …

GE Vernova shares rallied more than 15% to a new all-time high Thursday after the power equipment maker reported strong results and raised guidance — “maybe the best story in the entire market,” Jim Cramer said . Revenue for the three months ended June 30 increased 11% year over year to $9.11 billion, topping expectations of $8.8 billion, according to …

A Chipotle restaurant in San Francisco on Jan. 31, 2025. David Paul Morris | Bloomberg | Getty Images Chipotle Mexican Grill on Wednesday cut its forecast for same-store sales growth this year after traffic declined for a second straight quarter. The burrito chain now anticipates flat same-store sales growth for 2025, down from its prior projection of a low-single digit percentage increase. Chipotle trimmed its same-store sales outlook …

Tesla’s latest launch was actually a … diner? Two Business Insider reporters visited the new Tesla Diner in Los Angeles within 24 hours of its grand opening this week. The retro-futuristic atmosphere is complete with rounded architecture, eye-catching neon lighting, 45-foot drive-in screens playing Sci-Fi classics like “Star Trek” and “War of the Worlds,” and servers darting around on roller …

Tom Hayes, Libor ‘Ringleader,’ Wins U.K. Appeal to Clear His Name  The Wall Street Journal UK Supreme Court quashes 2 bank traders’ convictions after deciding their trials were unfair  PBS Why have bankers had convictions quashed and what happens next?  BBC City trader Tom Hayes’s conviction for Libor rigging is overturned  The Guardian Vindication for two bankers. Questions for Britain’s legal system  The Economist Source …