The Wall Street Journal

Stock Market Today: Nasdaq Drops as Chip Selloff Deepens — Live Updates - WSJ

Federal health officials are urging the public to stop eating lettuce from certain Taco Bell restaurants that get fresh produce from a supplier in Mexico, as the investigation into an escalating outb… [+3299 chars]

Federal health officials are urging the public to stop eating lettuce from certain Taco Bell restaurants that get fresh produce from a supplier in Mexico.

NBC News

Iceberg lettuce at some Taco Bell restaurants investigated in cyclosporiasis outbreak - NBC News

Panasonic has recalled one of its toaster ovens across the United States and Canada after the company found the appliance posed a risk of electric shock or fire.
The recall covers 11,480 Panasonic M… [+2037 chars]

A Panasonic toaster oven sold at major retailers, including Amazon and Costco, was recalled this week over potential safety issues with its power cord.

Fox Business

Costco, Amazon shoppers urged to check their kitchens after appliance recalled over shock and fire hazards - Fox Business

A version of this story was originally published on Jan. 10, 2025.It has been updated to reflect the wildfires currently bringing smoke to the U.S.
Interest in air filters and purifiers is spiking a… [+4339 chars]

Smoke from wildfires in Canada and Minnesota is sending air quality indexes to record levels, posing a hazard for millions of people. Here are tips for how to breathe easier in your home.

Is smoke in your home? Here’s how to make an air purifier using a box fan - NPR

SK HynixsU.S.-listed stock was rising early on Friday. The South Korean memory-chip maker was trying to stage a comeback and might have been helped by the absence of trading in its home market.
Copy… [+93 chars]

SK Hynix stock was the biggest gainer among large semiconductor companies in early U.S. trading.

Barron's

SK Hynix Is Today’s Standout Chip Stock for an Unusual Reason - Barron's

MAIDSTONE, England Izzy Woodrow is a believer.
Four weeks ago, he joined the small but growing number of Brits who have bought a Chinese-made vehicle.
"I've got a car that I enjoy driving [and is] … [+3030 chars]

The surge comes as China's auto exports have boomed in recent years as the country's appetite for new models has cooled.

CNBC

Chinese automakers are taking on the UK — and many Brits are embracing it - CNBC

Netflix (NFLX) stock fell over 10% in early trading Friday as the company's third quarter outlook fell short of expectations and engagement trends failed to inspire confidence on the Street.
The str… [+6584 chars]

Netflix missed on revenue but beat estimates on earnings per share in the second quarter.

Yahoo Entertainment

Netflix stock tanks as Q3 revenue falls short: 'Nothing here to get excited about' - Yahoo Finance

The S&amp;P 500 fell on Friday as mounting jitters over artificial intelligence spending dragged tech lower, putting the index on pace for a losing week.
The broad market index lost 0.7%, while the … [+2999 chars]

The moves come after a decline in chipmakers dragged the broader market lower and the U.S. continued to strike Iran overnight.

S&P 500 and Nasdaq futures drop as chipmaker sell-off intensifies; Netflix slides 11%: Live updates - CNBC

Stocks in Asia and the United States fell Friday after technologicaladvances announced by a Chinese artificial intelligence company intensified concerns that the AI spending spree driving this years … [+4136 chars]

Stocks in Asia and the United States fell Friday after technological advances announced by a Chinese artificial intelligence company intensified concerns that the AI spending spree driving this year’s market rally could be at risk.

Nasdaq drops 1% after China’s latest AI breakthrough rattles tech stocks - CNN

SpaceX's IPO honeymoon seems to be over.
Five weeks after the company's record-breaking debut, about $1 trillion in market value has evaporated and the selling isn't letting up.
The stock first sli… [+1950 chars]

SpaceX's market cap has lost about $1 trillion in value since its June 16 peak and hit a new low since its record-breaking IPO.

Business Insider

SpaceX stock drops to a new low and loses $1 trillion in value in a month - Business Insider

When a man in a black Air Jordan T-shirt walked up to a self-checkout kiosk at a Louisiana Lowe's last spring, he looked like any other customer.
Over the course of about seven minutes, he methodica… [+11843 chars]

Chinese organized crime groups are making as much as $1 billion annually in tap-to-pay fraud schemes targeting retailers and banks.

Inside the Chinese fraud rings stealing billions from banks and retailers - CNBC

Despite a booming stock market and improving inflation numbers, the public is as depressed about the economy as it has been since the years just after the pandemic and increasingly concerned about th… [+6188 chars]

The public is as depressed about the economy as it has been since the years just after the pandemic, according to the All-America Economic Survey.

Economic outlook is worsening and Trump is getting blamed, CNBC survey finds - CNBC

2026-07-17T10:52:23.277ZSpaceX assessing new launch date
The 33 Raptor 3 engines on Starship's Super Heavy booster seen from beneath the Starbase pad 2 launch stand on July 16, 2026. (Image credit: … [+8772 chars]

SpaceX is progressing toward Starship's next big test launch.

Space.com

SpaceX Starship Flight 13 launch updates: New launch date under review - Space

Early action on Wall Street shows stocks ending the week under severe pressure. And once again it appears to be concerns about valuations attached to the build-out of artificial intelligence that are… [+376 chars]

Another way to exploit the AI evolution is available to investors

MarketWatch

As semiconductor stocks slump, one AI-adjacent sector is thriving — and these are the stocks to buy there - MarketWatch

Access to eight surprising articles a day, hand-picked by FT editors. For seamless reading, access content via the FT Edit page on FT.com and receive the FT Edit newsletter.
<ul><li></li>FT Edit: Ac… [+23 chars]

iPhone maker steps up aggressive tactics in trade secrets dispute with AI lab

Financial Times

Apple targets dozens of OpenAI employees with legal letters - Financial Times

For the past decade, Greg Flynn has been Americas largest franchisee, and now he is the largest in the world. But he has a voracious appetite for more. 
The dream here is to create a global business… [+10114 chars]

Greg Flynn has more than 3,000 restaurants—including Wendy’s, Pizza Hut, Taco Bell and more—that bring in over $5 billion of revenue each year.  Here’s why he’s doubling down.

Forbes

The World’s Largest Fast-Food Franchisee Is Still Hungry For More - Forbes

The Boardroom Debate That Led to IBM’s Historic 25% Stock Plunge | The 10-Point for July 17 - WSJ

Chinese AI pioneer Moonshot unveiled a new model that it claims performs on par with some of the top-tier platforms from OpenAI and Anthropic PBC, the latest sign that the Asian countrys artificial i… [+373 chars]

Chinese AI pioneer Moonshot unveiled a new model that it claims performs on par with some of the top-tier platforms from OpenAI and Anthropic PBC, the latest sign that the Asian country’s artificial intelligence labs are closing a technology gap with the US.

Bloomberg

China’s Powerful New Moonshot AI Model Closes Gap With US Rivals - Bloomberg.com

Sign up for the Planet Money newsletter. The world is confusing. Economics can help.
KENOSHA, Wis. People are holding onto their vehicles longer these days, so spending on car repairs is on the rise… [+2745 chars]

Business is booming for Snap-on, a Wisconsin company that has made tools for professional mechanics for more than a century. It recently got a fact-finding visit from the head of the Chicago Federal Reserve Bank.