Apple drops key security feature in UK in rebuke over government’s data demand
Security officials argue that encryption hinders criminal investigations, while tech firms defend it as essential to user privacy.
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DOJ launches probe into UnitedHealth’s Medicare billing practices after investigative reports
The probe is analyzing the company's practice of frequently logging diagnoses that trigger larger payments to its Medicare Advantage plans, according to a report.
Meta approves massive bonuses for executives — days after slashing 5% of workforce
The company’s executives could now earn a bonus representing 200% of their base salary, up from 75%, according to the filing.
The Ozempic shortage is over
The shortage of Novo Nordisk’s ( NVO ) blockbuster diabetes and weight-loss drugs is officially over, according to the U.S. Food and Drug Administration (FDA). Read more...
Housing market mired in slump as January home sales drop more than expected
Home prices increased on an annual basis for the 19th consecutive month, while mortgage rates remain elevated.
Hooters prepares to file for bankruptcy amid declining foot traffic: report
Sources indicate that while no final decision has been made, the filing could take place within the next two months, Bloomberg News reported.
Google to face EU charges over breach of landmark antitrust rules: report
The European Commission has been investigating Google for potential breaches of the Digital Markets Act since March last year.
Coinbase boss claims SEC will drop crypto lawsuit
The SEC's 2023 lawsuit formed part of a crackdown on crypto firms which President Trump pledged to reverse.
Tesla boss Elon Musk urged to rescue Nissan after merger talks with Honda collapse
Shares of Nissan soared by as much as 9% on Friday amid reports that Musk could rescue the company.
The Dow plunges 500 points as UnitedHealth drags stocks lower
The Dow dropped 500 points on Friday afternoon as the Justice Department’s investigation into UnitedHealth weighed on the market . Additionally, a weaker-than-expected U.S. housing sales report added to the pressure, with high prices and mortgage rates contributing to the
Apple pulls data protection tool after UK government security row
Customers' photos and documents stored online will no longer be protected by end-to-end encryption.
DOJ drops Biden-era discrimination lawsuit against Elon Musk’s SpaceX
Musk has been spearheading aggressive cost-cutting measures across federal agencies, including those tasked with regulating his businesses.
Coinbase just got a big win as Trump's SEC drops the case against it
The Securities and Exchange Commission (SEC) plans to drop its enforcement case against Coinbase , marking a significant shift in cryptocurrency regulation. Read more...
UnitedHealth is being investigated for its Medicare billing practices — and the stock falls 9%
UnitedHealth Group ( UNH ) is under fire over its Medicare billing practices. Read more...
Saquon Barkley delivered free truckloads of Bud Light after pitch from local beer distributor: source
“It just takes a spark like this to help Bud Light come back at the local level,” Bump Williams who runs an eponymous consulting firm told The Post.
Mark Zuckerberg blindsided Meta’s oversight board with move to ax content moderation policies: report
The independent oversight board, which is responsible for evaluating Meta’s content policies, was not consulted before the changes were implemented.
UnitedHealth, Alibaba, Celsius, Coinbase, Block, Dropbox, Booking: Stocks to watch today
U.S. stocks were down Friday morning, with the S&P 500 shedding 0.9%. The Dow Jones Industrial Average lost 500 points , or 1.1%, while the Nasdaq dipped 1.1% at around 12:50 p.m. in New York. Read more...
Scotch makers condemn English single malt whisky proposal
Scottish distilleries and MPs claim England's methods would damage the reputation of single malt.
Meta executives could get big bonuses after big layoffs
Meta’s ( META ) “intense year” now includes intense bonuses for its executives. Read more...
Elon Musk's DOGE is going after the agencies that regulate his companies
Elon Musk’s so-called Department of Government Efficiency (DOGE) has started slashing big chunks of the agencies that regulate at least two of his companies, Tesla ( TSLA ) and Neuralink. Read more...
Goldman boss David Solomon’s job security hits all-time high — thanks to Trump
According to one former Goldman managing director, "Solly is fine; just look at the stock price. No one cares anymore that he could be a jerk.”
Tesla dogged by DOGE fears — but don’t bet against Elon Musk
A lot is at stake. Tesla isn't just any old EV company, and there’s palpable concern he’s spending so much time on X touting his latest DOGE outrage.
St Pancras plans for direct trains from UK to Germany
The London station's owner and Eurotunnel hope to expand routes to Cologne, Frankfurt and Switzerland.
Why NYC bondholders should be very afraid of 1970s-style financial crisis
The Big Apple isn't experiencing a 1970s moment or even a budget crisis, but the elements are in place to push us in that direction.
Is Miami’s FII the hottest conference for billionaires? ‘It’s way better than Davos’
The Future Investment Initiative has become the "the must-attend event of the billionaire business social circuit," one attendee told NYNext.
The 10 best state capitals in America to live in
When finding a new place to live, some people choose state capitals for their combination of economic opportunity, cultural attractions, and political relevance. But not all capitals are created equal. Read more...
Gilead's new HIV med, a bird flu shot for chickens, and Hims does blood tests: Pharma news roundup
Gilead ( GILD ) said on Tuesday that the U.S. Food and Drug Administration (FDA) has accepted its application for a twice-yearly injectable drug designed to prevent HIV. The U.S. Department of Agriculture (USDA) granted a conditional license for a vaccine designed to protect
Don't count out a Fed interest rate hike, fund manager says
The chance that the Federal Reserve will boost interest rates this year to limit inflation is higher than the near-zero level currently priced into the markets. Read more...
Apple's new iPhone, Nvidia's new tool, and Palantir stock tanks: AI news roundup
Apple unveiled the newest version of its lower-cost iPhone equipped with Apple Intelligence. The iPhone 16e could help Apple’s phone sales after it missed iPhone revenue expectations for the first fiscal quarter. Read more...
7 of the most expensive bottled waters in the world
Has any other product experienced a glow up quite like the humble water bottle? Anyone older than the age of 20 remembers a time when a reusable water bottle was just a crinkled, old Poland Springs or Dasani ( KO ) product filled and refilled for childhood soccer practices or
Target sued by Florida for defrauding shareholders about DEI
Target was sued on Thursday by the state of Florida for allegedly concealing the risks of diversity and social initiatives that led to a customer backlash and wiped billions of dollars from the retailer's market value.
Government finances in surplus but pressure builds on Reeves
Chancellor faces a rising challenge to keep her tax and spending plans on track after missing forecasts.
Elon Musk waves 'bureaucracy chainsaw' gifted by Argentina
Argentina's president gifted Elon Musk a chainsaw to symbolise cuts to bureaucracy.
What does Jack Ma's return to the spotlight mean?
Analysts say the Alibaba founder's re-emergence could signal a policy change in Beijing.
Will quantum computers disrupt critical infrastructure?
Quantum computers will be able to crack existing encryption and threaten critical infrastructure.
Citigroup axes DEI goals, makes major change on job interviews
"It is important to note that we're living in an environment where things are changing quickly," CEO Fraser wrote.
CBS backtracks on ‘Evening News’ revamp just weeks after launch – with network boss in the hot seat: sources
CBS News is already backtracking on a revamp of its “Evening News” program — and the network’s embattled boss risks becoming a casualty, The Post has learned. Just weeks after a drastic overhaul replaced Norah O’Donnell with a “60 Minutes”-style newsmagazine helmed by a pair of
Amazon has beat Walmart on revenue for the first time ever
On the day Walmart ( WMT ) injected gloom into the American economy by lowering its economic outlook for 2025 , the retailer shared another notable statistic in its earnings report. According to the quarterly results, the battle between two American giants has a new victor — at
FTC seeks public’s input on ‘un-American’ and ‘potentially illegal’ Big Tech censorship — including ‘shadow banning’
The Federal Trade Commission is seeking the public’s input on whether Big Tech firms like Google and Facebook parent Meta censor their users, the agency announced on Thursday.
Companies like GM, Boeing are dismantling DEI by ‘quiet quitting’ woke policies
"We no longer tell people to bring their whole selves to work ... in fact, we want the political part of them to stay home,” one executive at a company rolling back DEI told NYNext.
Billionaire GameStop CEO Ryan Cohen boosts stake in Chinese titan Alibaba to $1B: report
Chinese tech stocks have been on the ascent in recent days, after the emergence of domestic artificial intelligence startup DeepSeek.
77% of Americans concerned about Chinese ownership of TikTok as Trump admin scrambles to ‘save’ app
A whopping 77% of Americans say they remain concerned about continued Chinese ownership of TikTok – even as the Trump administration scrambles to cut a deal to “save” the popular app, according to national survey results obtained by The Post.
Trump wants to abolish IRS after tariff revenues make ‘whole economy explode,’ new Commerce secretary Howard Lutnick reveals
Last month, President Donald Trump announced a new "External Revenue Service" that would be tasked with collecting revenue from tariffs, and potentially replace the IRS as America has been "taxing ourselves."
Elon Musk's SpaceX is getting ready to take the International Space Station out of orbit
Elon Musk says it’s about time for SpaceX to deorbit the International Space Station — “as soon as possible.” Read more...
