Trump's $1 billion promise, RFK Jr. on Ozempic, and Microsoft rejects Bitcoin: Business news roundup

12/14/2024 21:58
Trump's $1 billion promise, RFK Jr. on Ozempic, and Microsoft rejects Bitcoin: Business news roundup

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.

Photo: Chip Somodevilla (Getty Images), Nathan Laine/Bloomberg (Getty Images), Google Quantum AI, Brandon Bell (Getty Images), Image: David Dee Delgado / Contributor (Getty Images), Bloomberg (Getty Images), Steven Ferdman / Contributor (Getty Images), Illustration: Costfoto/NurPhoto (Getty Images)

Photo: Chip Somodevilla (Getty Images), Nathan Laine/Bloomberg (Getty Images), Google Quantum AI, Brandon Bell (Getty Images), Image: David Dee Delgado / Contributor (Getty Images), Bloomberg (Getty Images), Steven Ferdman / Contributor (Getty Images), Illustration: Costfoto/NurPhoto (Getty Images)

Photo: Chip Somodevilla (Getty Images)

Photo: Chip Somodevilla (Getty Images)

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.

Read More

US Secretary of Health and Human Services nominee Robert F. Kennedy Jr. departs the New York Stock Exchange (NYSE) on December 12, 2024 in New York City. US President-elect Donald Trump rang the opening bell at the New York Stock Exchange on Thursday morning. - Image: David Dee Delgado / Contributor (Getty Images)

US Secretary of Health and Human Services nominee Robert F. Kennedy Jr. departs the New York Stock Exchange (NYSE) on December 12, 2024 in New York City. US President-elect Donald Trump rang the opening bell at the New York Stock Exchange on Thursday morning. - Image: David Dee Delgado / Contributor (Getty Images)

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.

Read More

A “Consultation” sign at the pharmacy window inside a Walgreens in Los Angeles, California. - Image: Bloomberg (Getty Images)

A “Consultation” sign at the pharmacy window inside a Walgreens in Los Angeles, California. - Image: Bloomberg (Getty Images)

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.

Read More

UnitedHealth Group CEO, Andrew Witty attends The Future of Everything presented by the Wall Street Journal at Spring Studios on May 19, 2022 in New York City. - Image: Steven Ferdman / Contributor (Getty Images)

UnitedHealth Group CEO, Andrew Witty attends The Future of Everything presented by the Wall Street Journal at Spring Studios on May 19, 2022 in New York City. - Image: Steven Ferdman / Contributor (Getty Images)

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.

Read More

Illustration of commemorative Bitcoin coins. - Illustration: Costfoto/NurPhoto (Getty Images)

Illustration of commemorative Bitcoin coins. - Illustration: Costfoto/NurPhoto (Getty Images)

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.

Read More

The Airbus A321XLR - Photo: Nathan Laine/Bloomberg (Getty Images)

The Airbus A321XLR - Photo: Nathan Laine/Bloomberg (Getty Images)

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.

Read More

Google Quantum AI Willow chip - Photo: Google Quantum AI

Google Quantum AI Willow chip - Photo: Google Quantum AI

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.

Read More

Tesla and SpaceX CEO Elon Musk - Photo: Brandon Bell (Getty Images)

Tesla and SpaceX CEO Elon Musk - Photo: Brandon Bell (Getty Images)

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.

Read More

kinjavideo-197401

Chet Kapoor compares today’s generative AI landscape to the early days of the iPhone and Angry Birds

kinjavideo-197400

Chet Kapoor discusses his time at NeXT and how Jobs’ vision would have shaped AI today

For the latest news, Facebook, Twitter and Instagram.

Read more --->