Global payment company PayPal announced on Thursday that it has inked a deal with the Big Ten and Big 12 conferences to allow student-athletes to receive compensation through the fintech company’s platform. The announcement comes just weeks after a court settlement in the House v. NCAA case, which dramatically shifts the college sports landscape by…
Alibaba-affiliate Ant Group released a new AI-powered healthcare app on June 26, 2025. Ant Group BEIJING — Alibaba-affiliate Ant Group is doubling down on health care with a new smartphone app, based on artificial intelligence technology that the company says could be rolled out overseas. It’s the latest sign of how China-developed AI is quickly…
My top 10 things to watch Thursday, June 26 1. Wall Street was heading for a higher open after the S & P 500 dipped slightly yesterday but remained less than 1% off its February record close of 6,144. The Nasdaq rose yesterday and was just over 1% off its December record close of 20,173….
A still from Disney and Pixar’s animated film “Elio.” Disney Disney’s Pixar animation studio had its worst opening ever over the weekend — and its problems aren’t unique. “Elio,” the story of a young boy who is mistakenly identified as Earth’s ambassador to the universe, tallied just $21 million in ticket sales during its first…
Traders work on the floor at the New York Stock Exchange on June 23, 2025. Brendan McDermid | Reuters An aggressive trade war, Middle East escalation and AI competitions overseas — None of 2025’s big curveballs managed to spoil the market’s epic comeback from the year’s lows as stocks stand within reach of a new…
One thing has been true about both the Republican and Democratic parties on Capitol Hill in recent decades — even as the partisan divide has widened. No matter how much they may talk about the deficit and reining in spending, that’s never stopped either party in power from passing bills that don’t exactly add up…
On a massive, 2,250-acre site about 250 miles north of New Orleans, hundreds of construction workers and tons of heavy equipment are turning former soybean fields into what will be the largest data center in the Western Hemisphere. And in the process, officials say, they are transforming Louisiana’s economy. “It put us on a scale…
A close-up view of the illuminated red H&M logo in front of a display of women’s summer dresses and casual apparel at a retail store. Cheng Xin | Getty Images News | Getty Images Swedish clothing giant H&M on Thursday reported weaker-than-expected sales in the fiscal second quarter but pointed to an uptick in demand to…
The S&P 500 ended Wednesday near the flatline, but the broad market index remains in striking distance of its record. Here’s what CNBC is watching Thursday. <
Swedish meatballs at an IKEA in Causeway Bay is listed as out of stock after after Czech authorities detected horse meat in the company’s meatballs which are supposed to make up of pork and beef only. South China Morning Post | Getty Images Ikea shoppers will see price cuts of up to 50% at many…
