Alphabet's Google unveiled its Pixel 9 lineup and showcased how it's integrating artificial intelligence (AI) into its devices with Gemini at its Made By Google event Tuesday. Jefferies analysts called Alphabet a "top pick" for consumer AI following the event, saying Gemini integration gives the company a chance to grow its share of the smartphone market.

Made By Google Event Leads Jefferies To Call Alphabet 'Top Pick' for Consumer AI

Shares in Google parent Alphabet will be in focus on Tuesday as the search giant’s highly anticipated annual Made By Google launch event gets underway. Since recording their record close on July 10, Alphabet shares have tumbled 15% amid a sector-wide sell-off in technology stocks and an unfavorable ruling by a U.S. federal judge that Google had violated antitrust law.

Watch These Alphabet Stock Price Levels as Google Launch Event Gets Underway

Alphabet's Google (GOOGL) unveiled its Pixel 9 lineup, showcased how it's integrating artificial intelligence (AI) into its devices with Gemini, and more at its Made By Google launch event Tuesday. Gemini Live, Google's AI Assistant. At the event, Google demoed Gemini Live, its AI assistant that the company introduced at...

4 Takeaways From Alphabet's 'Made By Google' Launch Event

Klarna introduced a savings account feature as well as cashback rewards for purchases made in its app. The buy now, pay later (BNPL) company is jockeying for position with its rivals in the fintech sector, as well as with traditional banks. Klarna reportedly is close to tapping Goldman Sachs to...

Klarna Debuts New Banking Features With Potential IPO Looming

The Department of Justice is reportedly considering breaking up Google to remedy its monopoly on the search market. Wedbush analysts said a forced split would be an unlikely outcome, adding the case could take years to conclude. The Google case will have implications for big tech antitrust regulation, the analysts...

Could the US Government Break Up Google After Monopoly Ruling?

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David Heitz

A bill quietly introduced this spring in the Colorado legislature to decriminalize the possession of drug paraphernalia obtained by harm reductionists has become law. As low-key as the legislation was introduced, the bill was signed into law without fanfare June 6. It garnered little to no media attention.

Colorado legalizes needles, pipes for meth and crack if obtained by harm reduction group

Candy giant Mars has agreed to acquire Pop-Tarts and Pringles maker Kellanova for a total enterprise value of $35.9 billion in what would be the biggest M&A transaction this year. A deal by Mars for Kellanova, which was spun out of cereal-focused Kellogg last year, would expand the privately held...

Candy Maker Mars Buys Pop-Tarts, Pringles Maker Kellanova for Nearly $36 Billion

Medicare enrollees will save money on 10 drugs in 2026 as a result of negotiations initiated by the Inflation Reduction Act (IRA). Large pharmaceutical firms have sued the federal court about the negotiations, but all court decisions have ruled in favor of the IRA. The federal government will continue to...

Medicare Enrollees Will See Significant Price Reductions For 10 Drugs

Nvidia shares gained over 6% Tuesday as Goldman Sachs strategist Scott Rubner called it the "most important stock" of the year. Rubner suggested Nvidia's earnings later in the month and the Federal Reserve's Jackson Hole Economic Symposium could herald a rally for the stock market. The market could be poised...

Nvidia Stock Surges as Goldman Strategist Calls It 'Most Important Stock' of 2024

Candy giant Mars' $35.9 billion offer for Kellanova is a fresh burst of energy for the mergers and acquisitions market. The Mars transaction is the largest M&A deal this year, according to Dealogic, ahead of Capital One Financial’s $35.3 billion deal to acquire Discover Financial Services, announced in February.

How the $35.9B Mars Bid for Kellanova Stacks Up Among Food and Drinks Deals

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J. Souza

According to cruise industry reports, the world's largest cruise ship is sailing well above 100% capacity, thanks to more beds being filled on recent sailings. Royal Caribbean’s newest flagship, the Icon of the Seas, is proving to be an unprecedented success, with occupancy rates far exceeding expectations.

The Largest Cruise Ship in the World is Sailing at 132% Capacity: How This is Even Possible

U.S. equities were higher at midday as the latest report on consumer prices showed the annual inflation rate cooled to 2.9% in July, down from June and beating expectations for a 3% increase. Kellanova shares surged on news the company behind Pop-Tarts and Pringles has agreed to be bought by...

Top Stock Movers Now: Kellanova, Allstate, Alphabet, Starbucks, and More

The states with Tuesday's lowest 30-year new purchase mortgage rates were New York, California, Texas, New Jersey, Alaska, Florida, Michigan, and Washington. Meanwhile, the states with the most expensive averages Tuesday were Washington, D.C., Vermont, West Virginia, Nebraska, North Dakota, Maryland, Iowa, and Wisconsin. Mortgage rates vary by the state...

Today's Mortgage Rates by State – Aug. 14, 2024

Minnesota State

Tim Walz is the 41st governor of Minnesota and was named Kamala Harris's vice presidential running mate on Aug. 6. Walz has a net worth of under $1 million, according to financial disclosures filed in 2019 when he was a member of Congress. Walz's disclosures show he does not own...

What Is Tim Walz's Net Worth?

Billionaire investor Bill Ackman built new stakes in Nike during the second quarter, according to a regulatory filing, helping send shares of the sneaker giant up around 4% in premarket trading. The SEC filing showed Ackman's Pershing Square Capital Management had built a stake of more than 3 million shares.

Bill Ackman Stake Sends Nike Jumping

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Cornelius, NC

Morristown Minute

CAMDEN, N.J. – Lisa Smith, 61, of Cornelius, North Carolina, has admitted to her role in a fraudulent scheme involving over $3.5 million in Paycheck Protection Program (PPP) loans. U.S. Attorney Philip R. Sellinger announced today that Smith pleaded guilty before U.S. District Judge Karen M. Williams in Camden federal court on July 17, 2024, to a charge of bank fraud conspiracy.

Woman Pleads Guilty to $3.5M COVID Relief Scam

Discount airline Wizz Air is offering an unlimited flight subscription plan for 499 euros ($550) a year. The Budapest, Hungary-based carrier said the program will let passengers book their flights up to three days before departure. A fee of EUR9.99 ($11) will be charged for each leg. Wizz Air noted...

Discount Airline Wizz Air Offers Unlimited Flights for $550 Annual Membership

Allstate sold its Employer Voluntary Benefits business to StanCorp Financial Group for $2 billion. The insurance company said the decision was part of its effort to sell its three Allstate Health & Benefits units. The news sent Allstate shares up by 4% to an all-time high Wednesday, putting the company...

Allstate Sells Its Employer Voluntary Benefits Unit; Stock Jumps To Record

Warren Buffett's Berkshire Hathaway added new positions in Ulta Beauty and Heico Corp. in the second quarter, according to a regulatory filing released Wednesday. Berkshire cut its Apple stake by half in the quarter, though the tech company remains its top holding, accounting for nearly a third of the portfolio.

Warren Buffett Bet On Ulta Beauty, Heico in Q2. See How His Portfolio Changed.

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The Lens

This year’s area of low oxygen in the Gulf of Mexico is larger than average, the National Oceanic and Atmospheric Administration (NOAA) announced on Thursday. The “dead zone” is approximately 6,705 square miles , as measured last week. Within NOAA’s 38 years of measuring the dead zone, this year’s assessment marks the 12th-largest area of low to no oxygen, which can kill fish and marine life.

Gulf ‘dead zone’ larger than average, larger than expected for 2024, scientists announce

NewsBreak

Google Could Be Teeing Up Its Largest Acquisition Ever

The Wall Street Journal is reporting Google's parent company, Alphabet, is in talks with a cybersecurity startup to acquire it in a deal worth roughly $23...

Google Could Be Teeing Up Its Largest Acquisition Ever

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