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Pfizer CEO: 'No Commitment' to US Govt on Drug Pricing
Pfizer and other drug companies have met with the Trump administration to discuss lowering U.S. drug prices but no commitments have been made, Chief Executive Albert Bourla said Monday.
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YouGov Poll: Republicans Side With Trump in Feud With Musk
Although a YouGov poll released Friday showed more Americans favor President Donald Trump than Elon Musk in their public spat, the majority said they don't favor either one.
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Amazon's Delivery and Logistics to Get an AI Boost
Amazon wants customers to know that artificial intelligence is not just for writing college essays.
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AI Startup Valuations Go Sky-High on 'Code Gen'
Two years after the launch of ChatGPT, return on investment in generative AI has been elusive, but one area stands out: software development.
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Meta, Constellation Nuclear Plant Sign Power Agreement
Meta Platforms Tuesday said it has struck an agreement with Constellation Energy to keep one of the utility's reactors in Illinois operating for 20 years, in the Big Tech company's first such deal with a nuclear power plant.
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Airlines: Credit Card Fee Crackdown Imperils Flight Deals
Major airlines said Monday they oppose a new effort to advance legislation that would reduce fees charged by Visa and Mastercard on transactions, saying the bill could force them to stop offering rewards credit cards that give consumers frequent flyer miles for making...
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Trump Bristles at Idea He's 'Chickening Out' on Tariffs
President Donald Trump shot back Wednesday at a new term coined by a Financial Times columnist suggesting he is backing down on his tariff policy when he postpones or reduces initial levies after a stock market slump.
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Vance Featured at $1M per Head Fundraiser for Trump
Vice President JD Vance will be the "special guest speaker" at a fundraiser for President Donald Trump's super PAC in Las Vegas on Tuesday that will net $1 million per attendee.
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Nuclear Stocks Surge on Report of Trump Boost to Industry
Shares of nuclear power companies surged after a report that U.S. President Donald Trump would sign executive orders as early as Friday to jumpstart the industry.
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California Gas-Car Ban OVERTURNED by Senate
We have some huge news! This directly affects your freedom and your ability to drive your car. The U.S. Senate voted on a bill to halt the California EV mandate, which requires 80% of new vehicle sales to be electric by 2035 and has been adopted by 11 other states.
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Homeowners Spending on Renovations, Repairs
U.S. homeowners are spending more on home renovation projects, bucking a broader pullback by consumers amid diminished confidence in the economy.
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Senate Dems Revive Congressional Stock Trading Ban
Senate Democrats led by Jon Ossoff of Georgia and Mark Kelly of Arizona reintroduced legislation on Thursday that would ban stock trading by members of Congress.
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Importers Race to Turn US Warehouses Into Tariff-Free Zones
Companies importing goods into the United States from China are rushing to convert warehouses into facilities that are exempt from President Donald Trump's tariffs until they are ready to sell the merchandise.
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Sen. Warren: GENIUS Act to Lead to 'Financial Meltdown'
Sen. Elizabeth Warren, D-Mass., warned from the Senate floor on Monday that the GENIUS Act , which would tie stablecoins, the private analog to central bank digital currencies, to a 1-to-1 ratio with "Federal Reserve notes" , would lead to a "financial meltdown."
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US Freighters Hope for Back-to-School Demand Boost
A 90-day trade thaw between Washington and Beijing could prove to be a welcome reprieve for the U.S. freight industry, as importers rush to lock in shipments ahead of the busy back-to-school period, experts said.
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Dems Slam Wall Street CEOs for Exiting Climate Pacts
Democratic lawmakers harshly criticized the chief executives of BlackRock, JPMorgan and other top finance companies for leaving several global coalitions devoted to combating climate change, urging them to uphold their previous commitments and policy targets designed to...
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Soybeans Hit 9-Month High on Biofuel Tax Credit Proposal, Trade Optimism
Chicago soybean futures rose to a nine-month high Wednesday, supported by a proposal to extend the biofuel tax credit - boosting demand for U.S. soybeans - and renewed optimism from a temporary truce in the U.S.-China trade dispute.
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In Tesla's Wake, More Big Companies Vote 'Dexit'
In the coming weeks, investors in nine public companies worth at least $1 billion each will vote on proposals to ditch Delaware as their place of incorporation, potentially denting the state's longtime reputation as Corporate America's capital, Reuters has found. Five...
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Sen. Hawley Grills Insurance Execs on Disaster Payouts
Sen. Josh Hawley, R-Mo., grilled insurance executives over their policies that cut disaster payouts in a subcommittee hearing on Tuesday, The Hill reported.
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SEC Chair: Crypto Rules Crucial to US Market Growth
The chair of the Securities and Exchange Commission, Paul Atkins, on Monday called for a new regulatory framework for crypto assets, aiming to support blockchain innovation and fulfill President Donald Trump's goal of making the U.S. the "crypto capital of the planet."
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China's Exports of Foreign-Branded Phones Drop 50%
Chinese shipments of foreign-branded cellphones, including Apple Inc.'s, dropped by 49.6% year-on-year in March, according to data released Monday by a government-affiliated research company.
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Lutnick to Newsmax: Opening UK Markets to US Is 'Huge'
Commerce Secretary Howard Lutnick told Newsmax on Thursday that the trade deal struck with the United Kingdom earlier in the day is a "huge, huge thing" for the United States as it opens markets to American exporters that will be worth $5 billion a year.
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EU Prepares $107B in Tariffs on US If Talks Fail
The European Commission, the executive arm of the European Union, has announced a list of American products that could be targeted for tariffs worth more than $107 billion if trade talks with the Trump administration fail.
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US AI Execs Give Congress Policy Wishlist for Beating China
Top executives at American AI giants OpenAI, Microsoft and AMD appeared at a U.S. Senate hearing Thursday to outline ways they believe Washington can stay ahead of Beijing in the artificial intelligence race.
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US Seeks Complaints About Concert, Ticketing Practices
U.S. antitrust enforcers are seeking information from artists, fans and others about unfair and anticompetitive practices in the live concert and event industries as part of a crackdown by the Trump administration on ticket scalping.