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Trump's $1 billion promise, RFK Jr. on Ozempic, and Microsoft rejects Bitcoin: Business news roundup
‘Get ready to rock’: Trump promises to expedite permits for anyone investing $1 billion in the U.S.
President-elect Donald Trump’s latest pitch to major corporations and wealthy business leaders: Invest $1 billion in the U.S. and he’ll drastically slash any red tape slowing them down.
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RFK Jr. says Ozempic and other weight-loss meds can’t replace a healthy lifestyle
Robert F. Kennedy Jr., President-elect Donald Trump’s choice to lead the U.S. Department of Health and Human Services, has shed more light on his views on popular weight-loss treatments.
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The minimum wage will increase in 21 states next year. Here’s what to know
On Jan. 1, 2025, millions of workers across the U.S. will see their paychecks grow as the minimum wage rises in 21 states.
According to the National Employment Law Project (NELP), a nonprofit advocacy group, these changes, driven by cost-of-living adjustments, reflect a growing effort to ensure wages keep pace with inflation .
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A leaked video of UnitedHealth CEO defending denial practices sparks more online backlash
UnitedHealth Group ( UNH ) CEO Andrew Witty defended the company’s claim denial practices in a leaked video recorded after the fatal shooting of Brian Thompson, the CEO of UnitedHealth’s insurance subsidiary. The video has sparked another round of online backlash against the company regarding how it evaluates medical claims.
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Microsoft shareholders vote against Bitcoin investment
Microsoft ( MSFT ) shareholders voted against adding Bitcoin to the company’s balance sheet on Tuesday.
The decision follows the board’s recommendation to vote against the proposal, citing Microsoft’s existing strategy of evaluating a diverse range of investable assets, including Bitcoin, as part of its broader investment framework.
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The FAA approved an Airbus plane capable of incredibly long flights
American fans of long-distance airline travel may soon have a new option to look out for when booking their tickets.
The airline industry news site The Air Current reports that the Federal Aviation Administration has given its approval to the Airbus ( AIR ) A321XLR, a plane capable of some of the longest commercial trips in the world.
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Google says its new quantum chip is way faster than the world’s most powerful supercomputer
A new, state-of-the-art quantum chip from Google ( GOOGL ) has cracked the code on an almost three-decade-long problem, according to the company.
Google’s latest quantum chip, Willow, has demonstrated “two major achievements” in quantum computing, including “exponentially” reducing the rate of errors when adding more qubits — a challenge that has existed for almost 30 years, Hartmut Neven, founder and lead of Google Quantum AI, said in a statement.
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Elon Musk is so rich he makes Jeff Bezos and Mark Zuckerberg look poor
Elon Musk was already the richest person on the planet. Now, thanks to Tesla, xAI, and SpaceX’s surging valuations, he’s worth more than $400 billion, according to Bloomberg News’s calculations .
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Why generative AI is in its ‘Angry Birds’ phase, according to DataStax CEO Chet Kapoor
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Chet Kapoor compares today’s generative AI landscape to the early days of the iPhone and Angry Birds
What Steve Jobs might have done with AI, according to his former intern
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Chet Kapoor discusses his time at NeXT and how Jobs’ vision would have shaped AI today
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