Taylor Farms, a major produce supplier and producer of finished food products in North America, is engulfed in a food safety crisis that's ensnaring some of the biggest consumer brands in the U.S.
Why it matters: The company — a critical supplier to stores like Walmart and Target and restaurants like Chipotle and Taco Bell — is connected to FDA investigations into multiple pathogens that have sickened thousands of people.
Nvidia and a group of blue-chip Wall Street firms are collaborating to provide a half-trillion-dollar bankroll to the AI chipmaker's customers.
Why it matters: The gargantuan financing package illustrates the mushrooming scope and costs of the infrastructure needed to keep the AI economy humming.
A U.S. Appeals Court said Monday that thousands of lawsuits targeting Meta Platforms, ByteDance's TikTok and other social media outlets over claims that social media is harmful and addictive can proceed.
The big picture: Tech companies have thus far skirted major regulatory scrutiny at the federal level, but the lawsuits suggest it isn't immune to heavy court penalties, which can be just as, if not more, punitive in the long term.
Danielle Thumann Severs, a longtime aide to Federal Communications Commission chairman Brendan Carr, was nominated by President Trump on Friday to fill one of the agency's two vacant seats.
Why it matters: If confirmed by the Senate, Thumann Severs would make it much easier for the Republican-led FCC to hold and pass votes unilaterally without any Democratic friction.
The new "Madden NFL 27" video game has refreshed its entire franchise mode to focus on breaking news, headlines and media narratives to help players make decisions.
Why it matters: Madden's refresh reflects sports media's reality: despite heavy layoffs and reorganizations, news remains a vital driver of entertainment and information for fans, teams and athletes alike.
Archer Aviation is buying Boeing subsidiaries Wisk Aero, Insitu and SkyGrid in an all-stock deal that transforms the startup from a largely pre-revenue air taxi developer into a broader aerospace and defense company.
Why it matters: The deal gives Archer something investors have been demanding: revenue today, while reducing its reliance on the still-unproven electric air taxi market.
If at first you don't succeed, someone may force you to try again.
That's the situation for Verisk, which on Friday was told by Delaware Chancery Court that it must proceed with a $2.35 billion merger that it had tried to terminate.
Cambridge Aerospace, a British air defense tech startup, raised $300 million in Series C funding at a $3.4 billion post-money valuation led by DFJ Growth.
Why it matters: Cheap drones have redefined war, as evidenced in both Ukraine and Iran, but legacy interceptor technology remains very expensive.
A flurry of federal investments in mining and mineral supply chains could help the electric vehicle industry that famously isn't President Trump's jam.
Why it matters: The White House emphasized the support as a way to diversify supply chains critical to defense, aerospace and other sectors.
Retail investors took advantage of the volatility in the market last month to again be net buyers of stocks, new data from Charles Schwab shared exclusively with Axios shows.
Why it matters: The trade in AI stocks shows staying power, as retail investors repeatedly step in to buy following retreats.
Nearly four years into the AI boom, we still know little about what returns the tech giants could be making on their enormous bets on AI infrastructure.
Why it matters: The data center buildout — the engine driving markets and economic growth — hinges on the expectation that it will eventually enable the tech giants to generate big profits.
But earnings reports have yet to provide any confirmation.
When Mike Allen and I are curious about the "real economy," we talk to sources at big-box stores for a read on real-time sales trends, or friends at super-regional banks to gauge the mood and money movement.
To us, that's the real world and real data, imperfect but less imperfect than dated Bureau of Labor Statistics surveys built for a different time and economy.
Why it matters: Fed Chair Kevin Warsh will get scrutinized like hell for rate changes, his communication style, his vow of a "new chapter" at the Fed, and his relationship with President Trump.
We think the most interesting thing to watch long-term is the seemingly boring data task force he appointed last month to improve the "quality and timeliness of real economic signals that inform the Federal Reserve's policy judgments."
