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Business News

Location American Business News for 23 June 2026
SpaceXs $600 billion plunge erased nearly half of bitcoins market cap in three days. The newly public company shed close to half of bitcoin's entire market value in three sessions after announcing its first bond sale. Bitcoin, absorbing the same backdrop, fell less than 1%.
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Verdict on Iran war threat to UK power supplies Electricity supplies will "remain secure" during the coming UK winter despite challenges posed to energy supplies due to the Iran war, the National Energy System Operator (NESO) has announced.
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The group says that it is unlawful for Australia to continue approving fossil fuel exports without protecting its citizens.
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Tesla headed for its biggest fight in Europe yet

The Street - 23 Jun 2026 02:07
Tesla headed for its biggest fight in Europe yet Tesla FSD has already been approved in five European countries.
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Iranian Oil Is Moving Again, but Getting Through the Strait Is Complicated With the central route of the Strait of Hormuz laden with mines, ships are taking the northern route in Iranian waters or the southern path in Omani waters. Both have risks.
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Robinhood stock falls as company unveils $2 billion debt plan The fintech is funding a buyback with debt instead of cash, and the structure behind it says more than the headline number.
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Chevron and Microsoft bet big on data centers

The Street - 23 Jun 2026 13:17
Chevron and Microsoft bet big on data centers Chevron and Microsoft sign a 20-year, $7B natural gas deal in West Texas to power AI data centers, revealing who really wins the AI infrastructure race.
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Stock investors expect the Fed to save them. But no Warsh put is coming - and the Greenspan put was a myth. Wall Streets belief in a central bank safety net misreads the dot-com crash. Alan Greenspan was following rules - not saving portfolios.
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Investor assumptions about the AI trade are starting to stretch reality, Goldman Sachs says Investors may be racing ahead of what the AI trade can deliver, warns Goldman Sachs.
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Live updates: An 'altcoin season' signal flashed, but bitcoin's slide is what set it off After nearly two years of declines, alts have run out of sellers and steadied, while bitcoin has dropped hard, sliding back toward $63,600.
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Bitcoin slips toward $63,000 as a tech selloff drags risk assets lower A rotation out of this year's best AI and chip stocks sank Asian markets, with South Korea's Kospi down 6%, and crypto fell with them. Bitcoin is down more than 3% on the week.
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Trump signs orders to build a quantum computer and protect against the one that could break encryption The White House issued twin executive orders to accelerate U.S. development of large-scale quantum computers while simultaneously hardening defenses against such machines.
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5 inexpensive upgrades to make your office chair comfier than ever You dont need an enterprise-level budget to fix an uncomfortable seating arrangement. Theres a widespread belief that achieving true ergonomic comfort at a desk requires spending close to a thousand dollars on a high-end...
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A proposed US law, H.R. 7757, aims to ensure AI chatbots disclose their artificial nature and prevent them from falsely claiming professional credentials, enhancing user trust and safety.
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Jaylen Brown of the Boston Celtics addresses trade rumours linking him to Giannis Antetokounmpo, expressing determination rather than destabilisation, and reflecting on his future with the team.
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A Mississippi father admits to using his four-year-old son's £7,600 savings for holidays, calling it an interest-free loan. Critics warn of a £30,400 future loss.
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The father of YouTuber Gaspi suspects the helicopter crash that killed his son and musician Oliver Tree was deliberate.
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Brandon Jennings praises Giannis Antetokounmpo as the greatest Milwaukee Buck, amid reports of his potential trade to Miami Heat, marking the end of a transformative era for the franchise.
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5 steps to trace deceased investor assets using Consolidated Account Statement Hidden investments can become difficult to trace after an investors passing. A Consolidated Account Statement (CAS) helps legal heirs identify, track and claim mutual funds, securities and demat holdings linked to the de...
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New polling shows most Gen Z Britons support rejoining the EU and backing a fresh referendum, signalling a growing backlash against Brexit among younger voters.
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Wisconsin mutual agrees to buy stock-traded rival

American Banker - 23 Jun 2026 14:48
Wisconsin mutual agrees to buy stock-traded rival After encountering a rough patch in 2023, seller 1895 Bancorp in Greenfield, Wisconsin, hired an investment bank to consider strategic opportunities.
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'I Will Be the Last Republican President': Trump Blasts GOP Senators as 'FOOLS' in Fiery Move to Kill the Filibuster Donald Trump has escalated his war on the Senate filibuster, warning he will be the 'last Republican president' unless GOP senators scrap the rule and ram through his SAVE America Act.
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