Intel stock jumps on plan to turn foundry business into subsidiary and allow for outside funding
Intel said it's turning its foundry business into an independent unit with its own board and the potential to raise…
Economy
Bitcoin network hits record level of power, but falling profits push miners to AI
Bitcoin mining is becoming a more difficult business as the network gains strength. ...
DirecTV, Disney reach deal to end blackout in time for college football
Disney and DirecTV have reached a deal to end a blackout in time for college football this weekend. ...
Hollywood’s secret weapon is an independent animation studio called Titmouse
Titmouse is a little-known powerhouse in the entertainment industry, working with almost every major Hollywood studio to create unique and…
Pfizer says its experimental drug for deadly condition that causes appetite and weight loss in cancer patients shows positive trial results
The results could pave the way for Pfizer's drug ponsegromab to become the first-ever approved treatment specifically for cancer cachexia. …
The Fed has the proof it wants that inflation is slowing, but the next move is still up in the air
A week's worth of inflation data showed that price pressures have eased substantially. ...
Brazil supreme court unfreezes assets of Elon Musk’s Starlink, X after taking fines
Brazil's supreme court announced that it ordered funds be moved from Starlink and X bank accounts to pay for fines…
MicroStrategy stock pops 8% after company ups bitcoin holdings to $14.6 billion
MicroStrategy founder Michael Saylor said on Friday that his company purchased an additional $1.1 billion worth of bitcoin. ...
Harris’ rise in polls sparks wave of wealth transfers to kids
Currently, individuals can send up to $13.61 million (and up to $27.22 million for couples) to beneficiaries without owing estate…