Breaking News: Business

Bill Gross says Tesla is the new meme stock

Longtime investor Bill Gross believes Elon Musk’s Tesla is behaving like a speculative play among retail investors. “Tesla acting like a…

Athletic Brewing raises $50 million as nonalcoholic wave sweeps beer making

Leading nonalcoholic brewer Athletic Brewing Company announced Tuesday it’s raised an additional $50 million in equity financing in a round…

Citadel’s Ken Griffin says he’s not convinced that AI will replace human jobs in the near future

Ken Griffin, founder and CEO of Citadel, said he remains skeptical that artificial intelligence could soon make human jobs obsolete…

Hunter Biden sues Fox News over ‘mock trial’ miniseries

U.S. President Joe Biden’s son Hunter Biden sued conservative news outlet Fox News on Monday for publishing nude photos and…

Warren Buffett gives away another $5.3 billion, says his children will manage his estate

Warren Buffett on Friday made his biggest annual donation to date, giving $5.3 billion worth of Berkshire Hathaway shares to…

Western clothing craze sends sales of denim dresses and skirts soaring, Levi Strauss says

In a lyric on her latest album, Beyoncé sings “denim on denim, on denim, on denim.” Levi Strauss shoppers are…

Chewy stock pops 34% after Roaring Kitty posts a dog picture, then gives it all back

Chewy shares rallied dramatically on Thursday after meme stock leader Roaring Kitty posted a picture on social media platform X…