Roubens Andy King

Business

Southern California Edison seeks to raise rates by 10%

As Southern California Edison faces scrutiny over the role its equipment may have played in sparking the deadly Eaton fire, the utility giant is facing some pushback from ratepayers over…

Investing

Dealmaking activity shows Trump tariffs derailed a budding M&A boom

People walk by the New York Stock Exchange (NYSE) on June 18, 2024 in New York City. Spencer Platt | Getty Images Hopes for an active year of mergers and…

Hinge Health IPOs at per share, a sign that interest in digital health may be back

Finance Expert

Hinge Health IPOs at $32 per share, a sign that interest in digital health may be back

Hinge Health (HNGE), a digital health platform for physical therapy, debuted on the New York Stock Exchange at $32 per share Thursday and rising shortly after trading to $39. The…

Trading

Starbucks CEO sounds the alarm on the wrong problem

Starbucks has already taken something with a quirky history — the coffee shop — and brought a level of corporate uniformity to it. That can be a positive as local…

Tech

Delta’s lawsuit against CrowdStrike to go ahead after okay from Judge

The faulty CrowdStrike update disrupted operations at Delta The airline sued the cybersecurity outfit, which then filed a motion to dismiss The judge denied the motion and gave the lawsuit…

Invest News

All Hell Breaks Loose in AI

Join Downtown Josh Brown and Michael Batnick for another round of What Are Your Thoughts? On this week's episode, Josh and Michael discuss the biggest topics in investing and finance,…

Business

‘We’re in the last, hard yards’: quiet hopes for UK-EU reset at crucial summit | European Union

For veterans of the Brexit years, such as Keir Starmer, the next 12 hours will feel painfully familiar. Negotiations will go until the final hours. But this time, there is…

Investing

Dow, S&P 500, Nasdaq turn higher as yields ease after House OKs Trump tax bill

US economic output rebounded in May as businesses digested President Trump's tariff rollback. S&P Global's flash US composite PMI, which captures activity in both the services and manufacturing sectors, came…

Finance Expert

New consumption-themed ETF has been filed with SEC

Trading

Social Security clawback rules just changed again

The Social Security Administration (SSA) is rolling out significant changes – some of which may leave your head spinning. One of the most consequential updates? How it handles overpayment clawbacks,…