Business

CNN  —  For years, Tesla has earned billions of dollars from its competitors just for selling electric vehicles. But that windfall is about to go away, just when the company may need it the most. Regulatory credit sales have been a huge source of revenue for the automaker, which currently faces a sales and profit slump. Legacy automakers purchase credits …

New York CNN  —  Target is changing a roughly decade-old policy that let customers save some extra cash. The retailer is altering its “price match” policy, which allowed customers to request and receive a refund for the difference of a product if the shopper found the identical item cheaper at Amazon, Walmart or Target itself within 14 days of purchase. …

London AP  —  Hewlett Packard is owed more than £700 million ($943 million) by the estate of late British tech tycoon Mike Lynch and his former finance director after they lost a fraud case involving Lynch’s software company, a UK High Court judge ruled Tuesday. The court’s decision comes nearly a year after Lynch was killed when his superyacht sank …

In-N-Out C.E.O. Says She Is Moving to Tennessee and Opening an Office There  The New York Times ‘We’re not leaving California’: In-N-Out says HQ isn’t changing with owner’s move to Tennessee  KCRA In-N-Out owner Lynsi Snyder says she is leaving California  Los Angeles Times ‘Raising a family is not easy here’: In-N-Out CEO says she is leaving California  The Guardian In-N-Out CEO airs California …

U.S. Is Missing the Century’s ‘Greatest Economic Opportunity,’ U.N. Chief Says  The New York Times World on brink of climate breakthrough as fossil fuels ‘run out of road’, UN chief says  The Guardian UN says booming solar, wind and other green energy hits global tipping point for ever lower costs  AP News Around 90% of renewables cheaper than fossil fuels worldwide, IRENA says  Reuters …

Summers Says Bessent Right to Question Fed on ‘Overreach’  Bloomberg.com Treasury Secretary Bessent calls for a review of ‘the entire’ Federal Reserve  CNBC Fed reform may move markets more than Powell ouster  Reuters Bessent: The Trump administration should look into the Fed’s ‘many mistakes’  CNN Bessent backs Fed independence on rates amid Trump criticism  The Hill Source link

US soft drink giant Coca-Cola says it plans to introduce a new Coke sweetened with cane sugar to its existing line-up , confirming a plan that President Donald Trump previewed last week. The company already uses regular sugar to sweeten its signature Coke drink in many parts of the world, but in the US it has typically used corn syrup, …

Treasuries Slip With Fed’s Powell Set to Speak on Regulation  Bloomberg.com Stock Market Today: S&P 500, Nasdaq Slip; GM, RTX Earnings in Spotlight — Live Updates  The Wall Street Journal Bessent says Powell doesn’t need to resign but should conduct internal review  CNBC Trump admin live updates: Bessent says there’s no reason for Fed chair to resign  ABC News Bessent disses ‘leakers’ after Wall …

Philip Morris Beats Earnings Expectations. The Stock Is Falling Anyway.  Barron’s Philip Morris’s revenue misses estimates as cigarette volumes drop  Yahoo Finance Philip Morris Earnings Top Views, Company Boosts 2025 Projection  The Wall Street Journal Philip Morris’ shares hit as ZYN falls behind high sales expectations  Reuters Philip Morris Raises Guidance on Strong Sales of Zyn Pouches  Bloomberg.com Source link

Security researchers at Google and Microsoft say they have evidence that hackers backed by China are exploiting a zero-day bug in Microsoft SharePoint, as companies around the world scramble to patch the flaw. The bug, known officially as CVE-2025-53770 and discovered last weekend, allows hackers to steal sensitive private keys from self-hosted versions of SharePoint, a software server widely used …