Input prices are going up
A McDonald’s restaurant near Times Square, NYC on July 29th, 2023. Adam Jeffery | CNBC This report is from today’s CNBC Daily Open, our new, international markets newsletter. CNBC Daily …
business news
Weight loss drugs Wegovy, Ozempic tested to treat addiction, dementia
Weight loss drugs are being assessed for their ability to treat conditions like dementia and addiction after a landmark study showed that Wegovy helped reduce the risk of heart attacks …
Flexport CEO Dave Clark resigns from logistics startup
Dave Clark. Lindsey Wasson | Reuters Flexport CEO Dave Clark is resigning from the supply chain software startup and handing the reins over to founder and executive chair Ryan Petersen …
Should airlines weigh passengers? It’s for safety, say airlines
Starting Monday, passengers flying on Korean Air may be asked to step on a scale before boarding their flight. The exercise, which will last about three weeks, is required by …
Lucid is exploring China entry; confirms mass market EV models ahead
The Lucid Air Midnight Dream Edition. Lucid MUNICH — Lucid is exploring selling its cars in China but has no timeline for when it will enter the world’s largest electric …
SpaceX not yet cleared for second Starship Super Heavy test flight, FAA says
The Federal Aviation Administration said Wednesday that SpaceX is not yet clear for another test flight of its Starship Super Heavy launch vehicle. The Washington Post | The Washington Post …
Barbie wins summer box office, Taylor Swift might not save fall
A scene from “Barbie.” Courtesy: Warner Bros. Hollywood bet big on blockbuster franchise sequels to revive its summer cinema business, but it was fresh fare such as “Barbie” and “Oppenheimer” …
Texas paid bitcoin miner Riot $31.7 million to shut down in August
During the crypto boom of 2021, Riot Platforms was raking in cash from bitcoin mining. Now the company is losing so much money that it’s counting on energy credits from …
Invasive species cost the global economy over $423 billion a year: UN
A lanternfly is seen on the roof of an apartment in New York City, Aug. 8, 2022. The NY State Department of Agriculture is encouraging residents to kill the invasive …
Prosecutors will seek Hunter Biden indictment before Sept. 29
Hunter Biden, son of U.S. President Joe Biden, departs federal court after a plea hearing on two misdemeanor charges of willfully failing to pay income taxes in Wilmington, Delaware, July …