World News
Kenvue stock drops 10% on report RFK Jr. will link autism to Tylenol use during pregnancy
Shares of Kenvue fell more than 10% on Friday after a report that Health Secretary Robert F. Kennedy Jr. will likely link autism to the use of the company’s pain medication Tylenol in pregnant women. HHS will release the report that could draw that link this month, The Wall Street…
Read More »Mortgage rates see biggest one-day drop in over a year
The average rate on the 30-year fixed mortgage dropped 16 basis points to 6.29% Friday, according to Mortgage News Daily, following the release of a weaker-than-expected August employment report. It’s the lowest rate since Oct. 3 and the biggest one-day drop since August 2024. Rates are finally breaking out of…
Read More »Paramount mandates 5-day-a-week return to office ahead of major cost cuts
David Ellison continues to put his stamp on Paramount after its acquisition by Skydance. The CEO and chairman told employees Thursday that they will be expected to work in the office five days a week starting Jan. 5, 2026, according to a memo obtained by CNBC. Employees who do not…
Read More »Apple has survived Trump’s tariffs so far. It might raise iPhone prices anyway.
When Tim Cook gifted President Donald Trump a gold and glass plaque last month, the Apple CEO was hailed by Wall Street for his job managing the iPhone-maker’s relationship with the White House. Cook, Wall Street commentators said, had largely navigated the threat of tariffs on Apple’s business successfully by…
Read More »Trump family’s American Bitcoin makes stock market debut
Shares in the Trump family’s latest cryptocurrency made its stock market debut Wednesday, triggering more ethical concerns as the Trumps look to cash in on crypto as the president’s administration weakens regulations for the nascent industry. American Bitcoin, a firm co-founded this spring by Eric Trump, the president’s son, saw…
Read More »Disney to pay $10 million to settle FTC complaint over collection of children’s data on YouTube
The Walt Disney Company will pay $10 million to settle Federal Trade Commission allegations that it enabled the unlawful collection of children’s personal data on YouTube. The FTC claimed the company allowed data to be collected from kids who viewed videos directed at children on YouTube without notifying parents or…
Read More »Crash victims’ families prepare to make what could be their final plea for Boeing’s prosecution
Families who lost loved ones in two crashes of Boeing 737 Max jetliners may get their last chance to demand the company face criminal prosecution Wednesday. That’s when a federal judge in Texas is set to hear arguments on a U.S. government motion to dismiss a felony charge against Boeing.…
Read More »Amazon cracks down on Prime free shipping sharing
Amazon is eliminating a program that allows members of its Prime subscription program to share free shipping benefits with people outside their household. The company began notifying users in recent days that it plans to end the Prime Invitee Program on Oct. 1, according to a notice viewed by CNBC.…
Read More »U.S. judge orders Google to share search data with competitors
Alphabet’s Google must share data with rivals to open up competition in online search, a judge in Washington ruled on Tuesday, while rejecting prosecutors’ bid to make the internet giant sell off its popular Chrome browser and Android operating system. Google CEO Sundar Pichai expressed concerns at trial in the…
Read More »Kraft Heinz to split into two companies
Kraft Heinz will split into two companies, reversing much of the blockbuster $46 billion merger from a decade ago that created one of the biggest food companies in the world. The first of the two new companies, which are not yet named, will primarily include shelf-stable meals and will be…
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Ted Cruz accuses Biden of breaking pardon rules with autopen use after bombshell report
A Senate Republican charged that former President Joe Biden and top administration officials ‘demolished’ …
