Business

On Tuesday, SpaceX briefly fell below $150 a share, which was where the stock began trading when the company listed publicly just over a week ago.

Chinese firms have some of the world’s most advanced technology. But U.S. officials say relying on it could come with a downside.

Chipmakers led the way down in South Korea, where the main index plunged 10.5 percent. The Nasdaq in the U.S. was down 2.2 percent at Tuesday’s open.

Data: Pew Research Center; Chart: Danielle Alberti/AxiosThe U.S. is losing standing abroad as President Trump’s foreign policy fuels doubts about whether America can still be counted on, according to new polling.Why it matters: The Pew Research Center findings capture how Trump’s second-term approach is reshaping America’s image, with allies and partners increasingly viewing Washington as…

BP, 7-Eleven, and Walmart are among a slew of gas stations, convenience stores, and big-box retailers that got sued this week for allegedly using artificial intelligence to spike gas prices in California. U.S gas prices have recently hit a record high, up as much as 50% since the war with Iran began. And California has…

Investors are selling off AI-related stocks as doubts are starting to surface over whether the massive spending on AI is worth the investment and whether it’s “one big bubble.”

Just two months after Meta announced plans to track employee keystrokes and mouse movements to train its AI models, the company said it would pause the program after an alleged internal leak. According to a screenshot obtained by Business Insider, employees’ private conversations, performance data, and transcriptions were accessible across the company. On a scale…

We haven’t seen the last of Bed Bath & Beyond just yet.Despite filing for bankruptcy in 2023, the home goods retailer is planning a brick-and-mortar comeback alongside The Container Store. Announced on June 18, the companies are introducing 22 co-branded store locations nationwide, bringing together everyday home essentials and custom storage solutions under one roof.…

Great Britain has paid at least six times the normal price for imported power as millions turn on air conditioning and windfarm output sagsThe heatwave has prompted a sharp rise in electricity prices across European markets as millions turn to air conditioners and electric fans to battle record high temperatures, which have also caused a…