TazaPulse

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Hope to catch OpenAI, Anthropic in the ‘coming year’

TazaPulseJune 17, 2026

Amazon‘s top artificial intelligence executive told CNBC on Wednesday that he hopes the company will be able to compete with OpenAI and Anthropic on frontier models in the “coming year” after falling behind the two leading labs. “I think it’s a fair narrative that our models haven’t been at the very frontier for the very...

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Fed interest rate decision June 2026: Fed holds rates steady

TazaPulseJune 17, 2026

WASHINGTON – Kevin Warsh‘s first meeting as Federal Reserve chairman concluded Wednesday with no change in interest rates, the removal of key language indicating a bias toward future cuts, and a dramatically shorter policy statement. The Federal Open Market Committee voted unanimously to keep its benchmark overnight borrowing rate anchored in a range of 3.5%-3.75%....

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Huntington’s disease drugmaker UniQure to seek FDA OK for gene therapy

TazaPulseJune 17, 2026

Thomas Fuller | SOPA Images | Lightrocket | Getty Images UniQure plans to seek FDA approval of its experimental gene therapy for Huntington’s disease, the company said Wednesday, months after previous agency leaders criticized the evidence backing the application. UniQure said the FDA in a recent meeting communicated that a three-year analysis from a Phase...

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Trump says he likes idea of blaming Vance if Iran deal doesn’t work out

TazaPulseJune 17, 2026

US President Donald Trump gestures as he addresses the media during a closing press conference at the G7 summit, in Evian, eastern France, on June 17, 2026. Mandel Ngan | Afp | Getty Images President Donald Trump on Wednesday said that he liked the idea of blaming Vice President JD Vance if a deal to...

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CarMax (KMX) Q1 earnings

TazaPulseJune 17, 2026

A view of a CarMax dealership on April 10, 2025 in Santa Rosa, California. Justin Sullivan | Getty Images Shares of CarMax fell roughly 8% during midday trading Wednesday after the company beat Wall Street’s quarterly earnings expectations and its new CEO detailed a high-level turnaround strategy for the company. Here’s how the company performed...

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Stocks making the biggest moves midday: SPCX, JPM, QURE, NNE

TazaPulseJune 17, 2026

Check out some of the companies making the biggest moves midday: SpaceX — The rocket manufacturer dropped more than 3% Wednesday after soaring nearly 50% in its first three days as a public company since its $135-per-share IPO last Friday. Bank stocks — The 15-year old Invesco KBW Bank ETF (KBWB) hit a new all-time...

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Less than one-third of global workers feel their jobs are safe, ADP survey data shows

TazaPulseJune 17, 2026

Workers at the Siemens Healthineers AG global capability center (GCC) in Bengaluru, India, on Thursday, on April 27, 2023. Global capability centers have evolved far beyond tech support, but their growth presents challenges for multinationals and Indian cities alike. Photographer: Aparna Jayakumar/Bloomberg via Getty Images Bloomberg | Bloomberg | Getty Images Workers around the world are...

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JetBlue to reduce Newark, LaGuardia footprint as it expands in Florida

TazaPulseJune 17, 2026

A JetBlue Airlines plane lands near the Air Traffic Control tower at the Fort Lauderdale-Hollywood International Airport on Oct. 7, 2025 in Fort Lauderdale, Florida. Joe Raedle | Getty Images JetBlue Airways told CNBC on Wednesday that it will close its flight attendant base at Newark Liberty International Airport in New Jersey and tech operations...

Govt raises ceiling prices of BCG, Measles vaccines by 21% | India News

TazaPulseJune 17, 2026

NEW DELHI: The Centre has raised the ceiling prices of BCG, Measles and Measles-Rubella (MR) vaccines by about 21% after reconsidering an earlier pricing order following a review application by Serum Institute of India.In a gazette notification, the National Pharmaceutical Pricing Authority (NPPA) increased the ceiling price of BCG vaccine from ₹8.20 to ₹9.89 per...

Middle East Conflict Airline Profits: Middle East conflict to cut airline profits 10-15% this fiscal as ATF costs, rupee pressure bite: Report

TazaPulseJune 17, 2026

Operating profits of Indian airlines are expected to decline 10-15 per cent this fiscal year as elevated aviation turbine fuel (ATF) prices, airspace restrictions and rupee depreciation caused by the Middle East conflict weigh on the sector, a Crisil report said on Wednesday.The rating agency estimated that the combined operating profit of domestic airlines could...