Home Business Trump’s $1 Billion Promise, RFK Jr. on Ozempic, and Microsoft Rejects Bitcoin:...

Trump’s $1 Billion Promise, RFK Jr. on Ozempic, and Microsoft Rejects Bitcoin: Business News Summary

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Trump’s  Billion Promise, RFK Jr. on Ozempic, and Microsoft Rejects Bitcoin: Business News Summary

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)

Newly elected President Donald Trump’s latest speech to big corporations and wealthy business leaders: Invest $1 billion in the US and he will dramatically reduce the red tape that slows them down.

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Robert F. Kennedy Jr., nominee for U.S. Secretary of Health and Human Services, leaves the New York Stock Exchange (NYSE) on December 12, 2024 in New York City. Newly elected US President 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 pick 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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A “Consultation” sign at the pharmacy counter at a Walgreens in Los Angeles, California. – Image: Bloomberg (Getty Images)

On January 1, 2025, millions of U.S. workers will see their wages increase 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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Andrew Witty, CEO of UnitedHealth Group, 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)

Andrew Witty, CEO of UnitedHealth Group (UNH), defended the company’s claims 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 a new round of online backlash against the company over the way it evaluates medical claims.

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

Shareholders of Microsoft (MSFT) 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 to evaluate a wide range of investable assets, including Bitcoin, as part of its broader investment framework.

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

American fans of long-haul flights may soon have a new option to look out for when booking their tickets.

Aviation industry news site The Air Current reports that the Federal Aviation Administration has approved the Airbus (AIR) A321XLR, an aircraft capable of some of the longest commercial journeys in the world.

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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 a nearly three-decade long problem, according to the company.

Google’s latest quantum chip, Willow, has demonstrated “two significant achievements” in quantum computing, including “exponentially” reducing the number of errors when adding more qubits – a challenge that has been around for almost three decades, says Hartmut Neven , founder and leader of Google Quantum AI, said in a statement.

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Elon Musk, CEO of Tesla and SpaceX – Photo: Brandon Bell (Getty Images)

Elon Musk was already the richest person on earth. Thanks to the rising valuations of Tesla, xAI and SpaceX, he is now worth more than $400 billion, according to Bloomberg News calculations.

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

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

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