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President Biden steadfast on staying in the race. ‘I’m in this to complete the job I started.’In a critical press conference, Biden will attempt to convince voters he can carry the day as calls grow for him to stand asideTesla walks back Robotaxi reveal, sending its stock plummetingNBA legend Magic Johnson says playing at the 1992 Olympics after his HIV diagnosis ‘was the greatest moment’ of his lifeCostco stock falls despite membership fee increase, strong sales reportMore than 1 in 3 Americans have a side hustle, but they’re spending that extra cash right away. Financial experts say that’s the wrong approach. The U.S. just got its best inflation report in over 3 years, but stocks are still down. Here’s whyForget big tech stocks, the ‘Other 493’ are set for a comeback says BofAMagic Johnson beat the system that runs athletes broke with one piece of adviceCostco’s new outsider CFO makes a splash with the first membership fee increase in 7 yearsWhy the new Olympic gymnastics leotards are $3k each—and have a record number of crystalsCeltics guard Jaylen Brown hints at foul play from Nike after the star was passed over for U.S. Olympic teamHow we raised $100 million for my Silicon Valley startup in a down marketMarathon Oil reaches historic $241 million settlement with EPA—the largest-ever penalty for violating the Clean Air Act70,000 students are already using AI textbooks65,000 mugs have gone missing at Tesla’s German factoryFamily of teen who died from spicy chip challenge sues the companyThis 84-year-old quit an elite job and went $160K into debt to launch his career. Now he’s suing ChatGPT to protect writers like him from ‘highway robbery’Amazon’s $20 billion NBA deal isn’t riskless. But it’s closeInvestors scooped up close to 15% of homes sold in first quarter—‘a bigger piece of the pie than in any other’Pharma giant Pfizer is trying to cash in on the weight loss drug craze with a new pill that could be a welcome needle-free alternative to pesky GLP-1 shotsIn business or on the battlefield, leadership means setting an example and having the courage to do the right thing or to speak upGen Xers are close to retirement—but most don’t feel they can afford itBig Lots warns its survival is in doubt, plans to close up to 40 storesElon Musk, father of 12, denies volunteering his own sperm to help seed a colony on Mars How scammers from Bernie Madoff to SBF use our fantasies to manipulate our brainsRecord-high travel numbers did Delta no good as higher fuel and labor costs ate into its second-quarter profitBank stocks like Goldman Sachs are suddenly soaring—and helping power an 18% stock market rally this yearEurope’s biggest economy will rid its 5G networks of components made by Chinese companies—’we are protecting the central nervous systems of Germany’The IRS says it has collected $1 billion in past-due taxes from millionaires in the past yearA secretive trading firm got itself a crypto arm and a 25-year-old whiz kid to run it. Then came the $40 billion Terra disasterApple loosens its grip on iPhone payments to end EU antitrust caseApple breathes a sigh of relief as the EU closes its antitrust case, which could have cost the iPhone maker tens of billions of dollarsSomeone won $1 billion through the Mega Millions lottery and has yet to claim their winning ticketTrump to address ‘future of the American Bitcoin industry’ at crypto gathering this monthThe death of the Chevron doctrine complicates U.S. policymakers’ efforts to regulate AI—but there’s another wayArchegos speculator Bill Hwang could spend the rest of his life behind bars after his disastrous bets ushered in the demise of Credit Suisse Consumer prices drop for first time since 2022, giving hope rate cuts are comingTourists will spend a record €800 billion in Europe this summerSEC drops key stablecoin investigation in win for crypto industryVera Bradley aims to follow the Abercrombie playbook with a rebrand of its 2000s-favorite quilted bagsMost U.S. workers are looking for a new job. Bosses are missing these easy fixesCopenhagen wants to reward tourists who make a ‘positive change’ by cycling or cleaning up the city as tourism faces a shake-up across EuropeIntuit’s CEO continues to ‘bet the company on AI and data’Gen Z want to live in expensive cities—instead of moving to the outskirts, their parents are paying their rentThe U.K. has ‘far more millionaires than it deserves’ and will watch 500,000 flee to the likes of Italy and Spain by 2028, UBS saysExclusive: Armada lands $40 million in funding round led by Microsoft’s M12Ask Andy: Can generative AI solve a startup’s problems?Honeywell CEO’s $1.8 billion LNG deal is his fourth acquisition in eight monthsU.K. faces highest level of financial distress in Europe with corporate deleveraging at its peak since 2008After a surge in pandemic profits, Rolex, Patek Philippe and Audemars Piguet face a significant downturn as sales slip—extending a two-year declineToo many Chinese factories are trying to supply the same strategic industries: ‘Only the strong can survive’Swiss giant Nestle has rolled back recycling targets and the difference amounts to the weight of 30 Eiffel TowersMumbai’s bankers are working from home to avoid traffic chaos from the Ambani weddingDeutsche Bank and HSBC are winning Europe’s AI talent war as the U.K. strikes back against the U.S.GoFundMe CEO Tim Cadogan is revolutionizing crowdfunding with a conscience, securing over $30 billion for ‘good causes’ since 2010
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