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$100M New Jersey deli fraudster James Patten sentenced to 21 months in prison
James Patten was sentenced Tuesday to 21 months in prison in the New Jersey deli case.
Wall Street is selling more rental homes, as buying ban takes effect
The largest landlords are all net sellers year to date, with 3,180 more homes sold than bought since Jan. 1.
IRS chief Frank Bisignano laughs off JPMorgan spying allegations
Bisignano denied allegations The Wall Street Journal reported that he surveilled his colleagues while working at JPMorgan more than a decade ago.
GM announces new gas-powered Cadillac vehicles amid EV pullback
GM CEO Mary Barra said Tuesday the next-generation Cadillacs will include new versions of the CT5 sedan, XT5 midsize SUV and discontinued three-row XT6 SUV.
OpenAI, Anthropic boost lobbying as legacy tech and defense spending slips
The two AI developers spent a combined $3.17 million in the second quarter, up 23% from the first three months of 2026.
Novo Nordisk sues Eli Lilly, alleging misleading GLP-1 advertising
Novo asked the court to permanently stop Lilly from running the “deceptive” ads and require the drugmaker to issue corrective advertising.
Greer hints new Trump tariffs coming on dozens of countries: ‘Expect action soon’
U.S. Trade Representative Jamieson Greer’s comments the Trump administration could impose new tariffs just as other duties are set to expire.
Jamie Dimon says markets underestimate risks and he wouldn’t buy stocks or Treasurys at current prices
Comments from JPMorgan Chase CEO Jamie Dimon contrast with investors’ recent willingness to look past wars, tariffs and other shocks.
U.S., China to hold AI talks in September, Reuters sources say
The talks, a significant outcome of the Trump-Xi summit in May, will likely take place before Xi’s planned visit to the U.S. in September, the sources said.
The FDA made a big reversal in its cyclosporiasis probe, but it still thinks iceberg lettuce is to blame
The FDA’s investigation into the source of the cyclosporiasis outbreak is causing confusion as companies and consumers alike navigate new updates.