Trump fails in bid to fire Lisa Cook as Federal Reserve independence clings on
A federal court ruled Tuesday that embattled Federal Reserve Governor Lisa Cook can remain in her position while she fights President Donald…
Business
Tylenol maker’s stock lost billions after a rumor linking the medicine to autism. Wall Street says buy the dip as one bank sees a ‘major overreaction’
This week, Kenvue, the consumer health spin-off from Johnson & Johnson, found itself at the epicenter of a market tempest…
Cohere seeks to overturn underdog status with $7 billion valuation, key AI hire from Meta, and Uber alum CFO
Cohere, the Toronto-based startup building large language models for business customers, has long had a lot in common with its…
An iPhone event unlike the others: Apple is betting the house on hardware to weather the AI storm
Apple’s “Awe Dropping” event is kicking off today at 1 p.m. ET, and yes, it will be livestreamed: You can…
Apple unveils new iPhone17 today, but will the ‘awe dropping’ event be enough for investors?
Good morning. Jeremy here again, filling in for Andrew, who is at Fortune Brainstorm Tech in Deer Valley, Utah. The…
Jeffrey Katzenberg says legislation to protect children from online harms is unlikely: ‘It took 80 years’ to pass seatbelt laws
Jeffrey Katzenberg—film producer, former DreamWorks CEO, and founding partner of tech investment firm WndrCo—is, perhaps most importantly, a dad and…
Lyft CEO says company will save $200M in insurance costs from unionization deal it made with California lawmakers
Lyft CEO David Risher said on Monday that Lyft will save approximately $200 million in insurance costs due to the…
DoorDash CEO Tony Xu says path to autonomous deliveries filled with ‘lots of pain and suffering’ but company is nearing first inning of commercial progress
Tony Xu, cofounder and CEO of food and grocery giant DoorDash, doesn’t sugar coat the company’s efforts, and challenges, developing…
China’s exports weaken in August as trade tensions persist
China’s exports grew last month but at a slower pace than in recent months, the country’s customs agency said Monday. Exports…
Prabowo removes finance chief, risking turmoil for Indonesia
Indonesian President Prabowo Subianto abruptly replaced Sri Mulyani Indrawati as finance minister, risking renewed financial turmoil for Southeast Asia’s biggest…
