Business news
- Meta's Reality Labs cuts sparked fears of a 'VR winter' - Meta's deprioritizing virtual reality in favor of artificial intelligence and Internet-connected smart glasses raised concerns about the future of the industry.
- I spent the week with tech CEOs. Here's what they're talking about - Four themes were top of mind for tech executives at Davos, and they were all about AI.
- Sen. Kirsten Gillibrand 'optimistic' Senate Agriculture will advance crypto bill despite differences - Sen. Kirsten Gillibrand, D-N.Y., is "very optimistic" the Senate Agriculture Committee's updated cryptocurrency market structure bill will move forward.
- Nvidia director Persis Drell resigns with $26 million worth of stock after decade on board - Nvidia's board now has 10 directors, including CEO Jensen Huang,
- Major winter storm may affect over 170 million Americans — how much it could cost you - Many households can expect to pay more to cover groceries, heating, disrupted travel plans and insured losses due to the winter storm expected to hit the U.S.
- Sen. Warren blasts CFPB director for undermining Trump's credit card affordability push - Sen. Elizabeth Warren seized on contradictions within the Trump administration when it comes to his push to make credit cards more affordable for Americans.
- Iran is not a major oil producer, but it still moves prices. Here's why - Iran is not a major producer of oil, but the recent civil unrest there still moved markets. Here's why.
- Pardoned Binance founder Zhao says his business relationship with the Trumps was 'misconstrued' - Binance founder and former CEO Changpeng "CZ" Zhao said that he has "no business relationships whatsoever" with the Trump family.
- Intel stock drops 14% as manufacturing troubles overshadow earnings beat - Over the last year, Intel shares have rallied more than doubled on hopes of a turnaround for the embattled American chipmaker.
- Trump's push for Greenland mineral rights could block China's access to rare earths - Greenland has the eighth largest rare earth reserves in the world at 1.5 million tons, according to 2024 data from the U.S. Geological Survey.