Disney sues Hong Kong company it says is selling illegal Mickey Mouse jewelry • Hyundai’s Supernal startup laying off 53 in California as it pivots flying taxis to production
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Wednesday, July 16, 2025

The online gunseller with Donald Trump Jr. on its board makes its market debut. Shares plunge

Shares of GrabAGun spiked at first but then sank, closing down nearly 24%.

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Disney sues Hong Kong company it says is selling illegal Mickey Mouse jewelry

Red Earth Group sells jewelry online under the name Satéur.

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Hyundai’s Supernal startup laying off 53 in California as it pivots flying taxis to production

The startup is cutting 25 jobs in Orange County and others in the Bay Area and Mojave as it shifts to production.

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Trump says he’s ‘highly unlikely’ to fire Fed’s Powell after floating that idea in private

The Fed chair is a target because of his refusal to lower interest rates as Trump wants.

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A look inside a lab making the advanced fuel to power growing US nuclear energy ambitions

A new wave of advanced nuclear reactors could be operational around 2030.

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Trial opens against Meta CEO Mark Zuckerberg and other leaders over Facebook privacy violations

Investors allege that Meta did not fully disclose the risks that Facebook users’ personal information would be misused by Cambridge Analytica.

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Where in California do investors own the most houses?

Investors own more than half the houses in seven, lightly populated California counties.

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$1K ‘Trump Accounts’ for kids: How do they stack up?

Trump Accounts set some kids up with a $1,000 nest egg.

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Wall Street is rattled as Trump says he discussed firing Powell but is ‘unlikely’ to do it

The S&P 500 rose 0.3% after whipping through an earlier drop and subsequent recovery.

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US producer prices unchanged with wholesale inflation remaining under control

Wholesale prices can offer an early look at where consumer inflation might be headed.

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