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Lowe’s beats on quarterly earnings, buys home pros business for .8 billion

Lowe’s beats on quarterly earnings, buys home pros business for $8.8 billion

Business News

An exterior view of a Lowe’s home improvement store in Selinsgrove. Paul Weaver | Lightrocket | Getty Images Lowe’s beat Wall Street’s earning expectations on Wednesday as demand for home projects picked up during the quarter. The retailer also announced its latest effort to attract more business from home professionals. It said on Wednesday that […]

Lowe’s beats on quarterly earnings, buys home pros business for $8.8 billion Read More »

FDA approves first-ever glucose monitoring system for weight loss from Signos 

FDA approves first-ever glucose monitoring system for weight loss from Signos 

Business News

Woman with Signos wearable and app Source: Signos The Food and Drug Administration on Wednesday approved the first-ever glucose monitoring system specifically for weight loss from the startup Signos, establishing a new option for Americans to manage their weight.  Current treatment options for losing weight – popular drugs like GLP-1s and surgical interventions – are

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Databricks says it’s valued at over 0 billion in latest funding round

Databricks says it’s valued at over $100 billion in latest funding round

Technology News

Ali Ghodsi, CEO of Databricks speaks on CNBC. CNBC Databricks has just entered an exclusive club. The data analytics software vendor said Tuesday that it’s raising a funding round that values the company at over $100 billion. That would make Databricks just the fourth private company to eclipse the $100 billion mark, following SpaceX, ByteDance

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‘Stranger Things’ creators, the Duffer Brothers, ink 4-year deal with Paramount Skydance

‘Stranger Things’ creators, the Duffer Brothers, ink 4-year deal with Paramount Skydance

Business News

Matt Duffer and Ross Duffer attend “Stranger Things” and Award Presentation To The Duffer Brothers (Variety Showrunner Award) during Day 1 of the 13th SCAD TVfest on February 05, 2025 in Atlanta, Georgia. Paras Griffin | Getty Images Entertainment | Getty Images The masterminds behind the hit Netflix series “Stranger Things” have inked a new

‘Stranger Things’ creators, the Duffer Brothers, ink 4-year deal with Paramount Skydance Read More »

Viking Therapeutics shares fall 40% on disappointing obesity pill trial data

Viking Therapeutics shares fall 40% on disappointing obesity pill trial data

Business News

Shares of Viking Therapeutics fell 40% on Tuesday after the company released mid-stage trial data on its obesity pill that disappointed investors.  The results could be a blow to Viking, which was once seen as a hot M&A target as pharmaceutical companies scramble to join the booming market for obesity and diabetes drugs. It could

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Trump administration weighs 10% stake in Intel via Chip Act grants, making government top shareholder

Trump administration weighs 10% stake in Intel via Chip Act grants, making government top shareholder

Finance News

Lip-Bu Tan, CEO of Intel, departs the White House in Washington, DC, U.S., on Monday, Aug. 11, 2025. Alex Wroblewski | Bloomberg | Getty Images The Trump administration is discussing taking a 10% stake in Intel, according to a Bloomberg report on Tuesday, in a deal that could see the U.S. government become the chipmaker’s

Trump administration weighs 10% stake in Intel via Chip Act grants, making government top shareholder Read More »

California legislature passes bill that gives interest on insurance payouts to homeowners

California legislature passes bill that gives interest on insurance payouts to homeowners

Business News

An aerial view of properties cleared of wildfire debris which burned in the Eaton Fire on July 03, 2025 in Altadena, California. Mario Tama | Getty Images News | Getty Images The California state legislature passed a bill Monday that ensures homeowners, not lenders, receive at least some of the interest on insurance payouts for

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OpenAI’s Sam Altman sees AI bubble forming as industry spending surges

OpenAI’s Sam Altman sees AI bubble forming as industry spending surges

Finance News

OpenAI Co-Founder and CEO Sam Altman speaks at Snowflake Summit in San Francisco on June 2, 2025. Justin Sullivan | Getty Images News | Getty Images OpenAI CEO Sam Altman thinks the artificial intelligence market is in a bubble, according to a report from The Verge published Friday.  “When bubbles happen, smart people get overexcited

OpenAI’s Sam Altman sees AI bubble forming as industry spending surges Read More »

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