Business

Cash App wants you to throw your money in the pool (literally)
Cash App wants you to take a dip into its newest feature: Pools. The company announced the launch of a new “pools” feature Tuesday, which allows users to—you guessed...
Siltronic lowers annual revenue guidance as semiconductor business weakens
German semiconductor materials supplier Siltronic on Tuesday lowered its full-year sales guidance and warned on sales in the next quarter, amidst continued weakness in its semiconductor business and high...
Spreading housing market weakness sees $23 billion builder offer $50K incentives per sale
Want more housing market stories from Lance Lambert’s ResiClub in your inbox? Subscribe to the ResiClub newsletter. In a “normal” housing market environment, giant homebuilder PulteGroup—which is worth $23 billion—spends $18,000 to $21,000 on...
Global stocks mostly rise as U.S. continues trade talks with China
Global shares were mixed Tuesday at the outset of a second day of trade talks between Chinese and U.S. officials.France’s CAC 40 jumped 1.1% in early trading to 7,887.57,...
The U.K.’s Online Safety Act has sparked an explosion in VPN downloads
It’s a tough time to be an adult online in the U.K. right now. Last week’s passage of the Online Safety Act, a law aimed at shielding children from...
NVO stock: Why did Novo Nordisk shares drop 20% today—and who is Maziar Mike Doustdar?
Health-related stocks are not having a good day. First, America’s largest health insurance provider, UnitedHealth Group (NYSE: UNH), saw its stock drop more than 4% this morning after the...
1 in 10 Americans have achieved millionaire status, but the milestone is losing its luster
As a child, Heidi Barley watched her family pay for groceries with food stamps. As a college student, she dropped out because she couldn’t afford tuition. In her twenties,...
Boeing beats Wall Street’s expectations with 2nd quarter rise in revenue
Boeing’s second-quarter loss narrowed and revenue improved as the aircraft manufacturer delivered more commercial planes in the period.Boeing Co. lost $611 million, or 92 cents per share, for the...
UnitedHealth Group stock price drops again as the health insurance giant’s sickly summer continues
UnitedHealthcare’s parent company, UnitedHealth Group, is in need of some bed rest this week. The company’s stock price (NYSE: UNH) has been knocked off its feet again after the...
Wyatt Mitchell isn’t afraid to wear a onesie
As a senior design director at Apple, Wyatt Mitchell spends a lot of time thinking about the way the technology company’s products and services show up in our everyday...
The massive blackout in Spain, Portugal, and France exposed a global power crisis. Now what?
On the morning of April 28, large parts of Spain, Portugal, and southern France went dark. A massive blackout left millions without power, halting trains mid-track, cutting mobile networks,...
A fight over a ban on hemp in Texas is pitting Republicans against Republicans
In recent months in Texas, hemp—and the state’s $5.5 billion hemp industry—has become a flashpoint in state politics and the wider cultural war. A successful push by Lt. Gov....