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Last month, Believer Meats was basking in acclaim. The startup had just secured final U.S. government approval for what it billed as Earth’s largest cultivated-meat facility, a $125 million complex near Raleigh, North Carolina. Boosters hailed the plant’s role in strengthening U.S. competitiveness in the race to grow meat from cells—a sector long dominated by Israel. Sen. Thom Tillis (R-NC) called it “a major economic win for the state and region.” Believer Meats CEO Gustavo Burger said he was thrilled about the facility’s opening, calling it a “major milestone” that would redefine the future of food. “Boom,” he wrote on LinkedIn, announcing that the company was s…

Concerns about an AI bubble and increased competition are weighing on Nvidia as the stock fell to a three-month low on Wednesday. Shares of the Santa Clara, California-based company tumbled more than 3% amid a broader decline for those chipmakers that are key to the artificial intelligence boom. Shares of Advanced Micro Devices and Broadcom were also down 4% and 5%, respectively. In recent weeks, a slew of companies have made moves that could chip away at Nvidia’s domination as the go-to maker of chips for the AI industry. One such company, MetaX Integrated Circuits of China, debuted an initial public offering on Wednesday and surged nearly 700%. BEHIND NVIDI…

For years, deepfakes were treated as a political or social media oddity, a strange corner of the internet where celebrity faces (of women 99% of the time) were pasted onto fake videos (porn in 99% of the cases) and nobody quite knew what to do about it. But that framing is now dangerously outdated, because deepfakes have quietly evolved into something much more systemic: an operational risk for corporations, capable of corrupting supply chains, financial workflows, brand trust, and even executive decision-making. Recent headlines show that synthetic media is no longer a fringe experiment. It is a strategic threat, one that companies are not prepared for. When a …

BJ’s Wholesale Club is planning to open nine new U.S. stores in 2026, and already debuted a new location on December 17 in Casselberry, Florida—its third in December alone, following openings in Springfield, Massachusetts, and Sumter, South Carolina. BJ’s currently has more than 250 clubs in 20-plus states. In 2025, the membership-based warehouse chain added 12 new locations in a number of states, including Georgia, Kentucky, New Jersey, Massachusetts, New York, North Carolina, South Carolina, and Tennessee. “Our momentum remains strong as we continue to bring unbeatable value and convenience to new communities,” Bill Werner, BJ’s Wholesale Club’s EVP of strategy …

Stargazers and scientists are getting a holiday present from the cosmos this week. 3I/ATLAS, an interstellar comet, will get “closest” to Earth on Friday, December 19, as part of its journey across the galaxy. Let’s break the facts of this natural phenomena down because it sounds like it could be the plot of an exciting science fiction thriller. What is an interstellar comet? Much like a Christmas tree, planets in our Solar System revolve around our star, the sun. It’s not the only planetary system out there. Our galaxy, the Milky Way, contains other systems, and if you zoom out even further, there are even more. The comet 3I/ATLAS is labeled in…

One of the best things about the Christmas period is all the yummy desserts found in people’s kitchens. But now one of the largest food companies in America is issuing a warning about one of those sweet treats. Here’s what you need to know about a new recall from Danone U.S., which impacts one of its dairy-free frozen desserts. What’s happened? On December 15, North American food producer Danone U.S. announced a voluntary recall of one of its dessert products, per a notice posted on the website of the Food and Drug Administration (FDA). The company is recalling its So Delicious Dairy Free brand of Salted Caramel Cluster Non-Dairy Frozen Dessert. The recall …

In a surprising move, The President Media and Technology Group (DJT) said on Thursday that it is fusing itself to a fusion company. The company will merge with TAE Technologies—a privately held fusion energy firm that’s backed by Alphabet, Chevron Technology Ventures, and others—in a deal that’s worth more than $6 billion. It’s an all-stock deal, which is expected to close sometime next year, and is a huge and eyebrow-raising move for The President Media, which is best known as the owner of President The President’s social media platform, Truth Social. When all is said and done, shareholders of both companies will “ own approximately 50% of the combined compan…

Update Thursday, December 18, 1:35 p.m.: Shares of The President Media and Technology Group (Nasdaq: DJT) remained elevated throughout early trading on Thursday following the Truth Social parent company’s eye-opening announcement that it will merge with the privately held fusion energy company TAE Technologies. As of midday, the stock was up more than 40% to roughly $14.67 a share. The stock is still down roughly 56% year to date. Shares had peaked for the year in January, early into President The President’s second term. Original story: In a surprising move, The President Media and Technology Group (DJT) said on Thursday that it is fusing itself to a fus…

TikTok has signed agreements with three major investors — Oracle, Silver Lake and MGX — to form a new TikTok U.S. joint venture, ensuring the popular social video platform can continue operating in the United States. The deal is expected to close on Jan. 22, according to an internal memo seen by The Associated Press. In the communication, CEO Shou Zi Chew confirmed to employees that ByteDance and TikTok signed the binding agreements with the consortium. “I want to take this opportunity to thank you for your continued dedication and tireless work. Your efforts keep us operating at the highest level and will ensure that TikTok continues to grow and thrive in the U.S. and …

A 911 call about a man resembling “the CEO shooter.” Body-camera footage of police arresting Luigi Mangione and pulling items from his backpack, including a gun that prosecutors say matches the one used to kill UnitedHealthcare CEO Brian Thompson, and a notebook they have described as a “manifesto.” Notes about a “survival kit” and “intel checkin,” and testimony about alleged statements behind bars. A three-week pretrial hearing on Mangione’s fight to exclude evidence from his New York murder case ended Thursday after revealing new details about his December 2024 arrest in Altoona, Pennsylvania, steps prosecutors say he took to elude authorities for five days, and what h…

With the last weekend before Christmas upon us, the holiday travel period has begun. This year, the American Automobile Association (AAA) says a record number of Americans will be making journeys—122.4 million of them in total. While millions of those journeys will be made by plane or other forms of public transportation, the overwhelming majority—109.5 million—will be made by car. If you’re one of those making your Christmas trip by car, here are the best and worst times to hit the road over the holiday travel period, which AAA defines as running from December 20 to January 1. Best times to hit the roads The 2025 holiday period spans 13 days this year, ru…

Ford is recalling more than 270,000 electric and hybrid vehicles in the U.S. because of a parking function problem that could lead to them rolling away. The Detroit automaker said that the recall includes certain 2022-2026 F-150 Lightning BEV, 2024-2026 Mustang Mach-E, and 2025-2026 Maverick vehicles. At issue is the integrated park module, which may fail to lock into the park position when the driver shifts into park. Ford said that it will implement a park module software update for free. Vehicle owners may contact Ford customer service at 1-866-436-7332 for additional information. View the full article

To tax tips or not? That is a question that will confront lawmakers in states across the U.S. as they convene for work next year. President Donald The President’s administration is urging states to follow its lead by enacting a slew of new tax breaks for individuals and businesses, including deductions for tips and overtime wages, automobile loans, and business equipment. In some states, the new federal tax breaks will automatically apply to state income taxes unless legislatures opt out. But in many other states, where tax laws are written differently, the new tax breaks won’t appear on state tax forms unless legislatures opt in. In states that don’t conform …

The discovery of the body of Claudio Manuel Neves Valente, a Portuguese national who studied physics at Brown University, earlier this week in a New Hampshire storage facility brought closure to two alarming cases. Authorities say they believe Valente, a 48-year-old who recently arrived in Boston, was behind the December 13 mass shooting at Brown University, and the December 16 murder of MIT professor Nuno Loureiro. The identification of Valente brings calm to communities worried about a mass killer on the loose. But it also puts the lie to theories floated by right-wing influencers, including Sequoia Capital partner Shaun Maguire. In recent days, Maguire, acting …

Happiness is taking control of a beloved comic strip. Sony is buying a 41% stake in the Charles M. Schulz comic “Peanuts” and its characters including Snoopy and Charlie Brown from Canada’s WildBrain in a $457 million deal, the two companies said Friday. The deal adds to Sony’s existing 39% stake, bringing its shareholding to 80%, according to a joint statement. The Schulz family will continue to own the remaining 20%. “With this additional ownership stake, we are thrilled to be able to further elevate the value of the ‘Peanuts’ brand by drawing on the Sony Groupʼs extensive global network and collective expertise,” Sony Music Entertainment President Shunsuke …

It’s beginning to look a lot like Christmas for the stock market, which may be headed for a “Santa Claus Rally,” according to analysts, including those at Goldman Sachs and Citadel Securities. “Barring any major shocks, it will be hard to fight the overwhelmingly positive seasonal period we are entering and the cleaner positioning set-up,” Goldman Sachs Group Inc.’s trading desk team said in a client note, as reported by Bloomberg. “While we don’t necessarily see a dramatic rally, we do think there is room to go up from here into year end.” Scott Rubner of Citadel Securities agreed, noting: “Following a year of strong portfolio returns and record household wealth,…

If you’ve sold equity in your company at some point, you’re probably used to keeping track of your cap table and knowing which shareholders have how big of a stake. But how would you feel about the U.S. government taking a sizable chunk of your business too? That’s the increasingly common reality for a growing number of U.S. companies, a new analysis by The New York Times finds—and for all the chatter over the summer about the feds moving to own almost 10 percent of Intel, computer chips aren’t the only sector seeing increased governmental involvement. Instead, it’s the minerals, metals, and mining industry that comes up again and again in the Times’ breakdown…

When the Department of the Interior announced on Monday that it was suspending the leases of five offshore wind farms that are currently under construction, it blamed national security concerns. Military experts say that’s an excuse. “I think it is all made up,” says Dave Belote, a retired Air Force colonel who previously led the Department of Defense’s energy siting clearinghouse at the Pentagon and who currently consults with onshore wind companies about military issues. “I’ve got 15 years of experience that I will stack against the Secretary of Interior to say that is all made up to please a president that just irrationally hates ‘windmills.’” Each of the five …

The governor of Niigata on Tuesday formally gave local consent to put two reactors at the Kashiwazaki-Kariwa nuclear power plant in the north-central prefecture back online, clearing a last hurdle toward restarting the plant idled for more than a decade following the 2011 meltdowns at another plant managed by the same utility. Gov. Hideyo Hanazumi, in his meeting with Economy and Industry Minister Ryosei Akazawa, conveyed the prefecture’s “endorsement” to restart the No. 6 and No. 7 reactors at the Kashiwazaki-Kariwa plant, accepting the government’s pledge to ensure safety, emergency response and understanding of the residents. Restart preparations for No. 6 reac…

The best-selling video game console this Black Friday was the PlayStation 5. That surprised no one. The number-two spot went to the Nintendo Switch 2. Again, that was expected. But the bronze position wasn’t held by Microsoft’s Xbox, as you might suppose. Instead, it was claimed by the Nex Playground, a small gaming system that almost no one had heard of two years ago. The Playground has since grown into one of 2025’s hottest gifts. In 2023, just 5,000 units of the controller-free small cube were sold. In 2024, that number spiked to 150,000. This year, the company is on track to sell 600,000 units. While it has a loyal (and growing) fan base, there are still …

The great power competition in the AI Age will probably be between OpenAI and Google, and one of the main battles may be over advertising dollars. OpenAI CEO Sam Altman seemed to describe the world in those terms during an appearance on the Big Technology podcast Monday. OpenAI, which is not yet profitable, is reportedly getting set to sell ads within ChatGPT in an effort to monetize the many free users on its platform. ChatGPT now has an impressive 800 million weekly active users, but only 35 million of them buy subscriptions. The ads, which could help pay for OpenAI’s plan to spend $115 billion on infrastructure by 2029, could show up as soon as early 2026. As …

California officials and weather forecasters urged holiday travelers to avoid the roads and reconsider Christmas travel as a series of powerful winter storms brought relentless rains, heavy winds and mountain snow. Storms began to move in late Tuesday evening and were expected to intensify into Christmas Eve. Authorities said the millions of people expected to travel across the state will likely meet hazardous, if not impossible, conditions as several atmospheric rivers were forecast to make their way through the state, the National Weather Service warned. “If you’re planning to be on the roads for the Christmas holidays, please reconsider your plans,” said Ariel Cohen,…

A pro-Russian hacking group claimed responsibility for a major cyberattack that halted package deliveries by France’s national postal service just days before Christmas, prosecutors said Wednesday. After the claim by the cybercrime group known as Noname057, French intelligence agency DGSI took over the investigation into the hacking attack, the Paris prosecutor’s office said in a statement to The Associated Press. The group has been accused of other cyberattacks in Europe, including around a NATO summit in the Netherlands and French government sites. It was the target of a big European police operation earlier this year. Central computer systems at French national post…

Want more housing market stories from Lance Lambert’s ResiClub in your inbox? Subscribe to the ResiClub newsletter. There’s no doubt about it: Housing market softening across the Sunbelt—the epicenter of U.S. homebuilding—has caused homebuilders to lose pricing power over the past year. Amid the additional margin compression, some giant homebuilders are adjusting their strategies. Lennar is finally easing up a little on its market share, taking volume-over-margin strategy, while KB Home—a homebuilder ranked No. 526 on the Fortune 1000—said on December 18 that it plans to lean even harder into built-to-order (more on that below). At the end of last week, KB Hom…

A Powerball ticket purchased at a gas station outside Little Rock, Arkansas, won a $1.817 billion jackpot in Wednesday’s Christmas Eve drawing, ending the lottery game’s three-month stretch without a top-prize winner. The winning numbers were 04, 25, 31, 52 and 59, with the Powerball number being 19. The winning ticket was sold at a Murphy USA in Cabot, lottery officials in Arkansas said Thursday. No one answered the phone Thursday at the location, which was closed for Christmas. The community of roughly 27,000 people is 26 miles (42 kilometers) northeast of Little Rock. Final ticket sales pushed the jackpot higher than previous expected, making it the second-largest in…