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2026-02-10T00:20:55.676Z Share Copy link Email Facebook WhatsApp X LinkedIn Bluesky Threads lighning bolt icon An icon in the shape of a lightning bolt. Impact Link Save Saved Read in app This story is available exclusively to Business Insider subscribers. Become an Insider and start reading now. Have an account? Log in. President Donald Trump threatens to block the opening of the Gordie Howe Bridge, which connects Ontario to Michigan. Tensions rose as Trump demanded that the US own half of the new Canada-US bridge. Trump has been threatening to hike tariffs on Canadian goods and aircraft. President Donald Trump is…

The Internal Revenue Service is adding new capabilities to the online Tax Pro Account, allowing firms to specify which staff members are authorized to act under the business’s Centralized Authorization File access.Processing ContentThe update builds on the increasing capabilities of the Tax Pro Account, which the IRS introduced in 2021. The Tax Pro Accounts already include features such as linking or requesting individual CAF numbers; managing authorization relationships with taxpayers; viewing taxpayer information such as balance due, payment activity and audit status; and making payments or creating payment plans on behalf of individual taxpayers. The new features enable firms and…

Target said Monday that it’s stepping up store staffing, but eliminating about 500 jobs in distribution centers and regional offices as it tries to win back shoppers who have complained about sloppier shelves, out-of-stock items and longer checkout lines.In an internal employee memo obtained by CNBC, the big-box retailer said it’s making changes to the way it runs and oversees stores to improve the customer experience, a top goal of the company’s new CEO Michael Fiddelke. To do that, Target said it will reduce the number of store districts — the geographic areas that its nearly 2,000 stores are broken…

The U.S. Tax Court issued a ruling saying that innovations in livestock production can qualify for the research and development tax credit, establishing new case law in an emerging field.Processing ContentIn the ruling, issued Feb. 3, the Tax Court held in the case, George v. Commissioner, that experimentation to improve poultry health, disease resistance and growth rates constituted qualified research under Section 41 of the Internal Revenue Code, signifying the first time animal agriculture had been legally questioned and recognized for R&D credits, according to Allaintgroup, the tax consulting firm representing the plaintiff. The decision follows the Tax Court’s 2022…

Bolt Data and Energy, a data center development firm that was cofounded late last year by former Google CEO Eric Schmidt, is negotiating a deal that would allow it to begin construction on a large data center project it is planning in West Texas.Schmidt’s firm is in discussions with Google, his former employer, according to two people with direct knowledge of the talks. The tech giant, one of the leaders in the race to develop and commercialize artificial intelligence, is considering a commitment of 250 megawatts, according to one of the people. The other person said it was too early…

Nursing programs are taking center stage in the public conversation on President Donald Trump’s student-loan repayment overhaul.Public comment on the Department of Education’s proposed student-loan changes has been open for one week, giving anyone the opportunity to submit feedback. Those changes include new income-driven repayment plans, updates to the handling of defaulted student loans, and new borrowing caps for advanced programs.The new borrowing caps, in particular, have sparked conversation and concern among advocates, lawmakers, and students. The department proposed a $100,000 lifetime borrowing limit for graduate students and a $200,000 limit for professional students, and narrowed the programs that would…

The CEO of Workday is leaving his post, a change that comes less than a week after the software provider laid off about 400 employees.Carl Eschenbach is being succeeded by Workday cofounder and executive chair Aneel Bhusri, who has held the top job three times before. The company — a software provider for payroll, talent management, and expense processing — said Eschenbach will become a strategic advisor to Bhusri.”As we enter a defining moment shaped by AI, there is no one better than Aneel to lead this next chapter,” said Mark Hawkins, Workday vice chair and lead independent director, in…

Elon Musk fired back after an X user said the US government “throws money at him” and his companies while receiving little in return.The funny part about that clown’s analysis is that even if every bit of bullshit he says is true, it still amounts to less than 1% of the value of Tesla and SpaceX 🤣🤣— Elon Musk (@elonmusk) February 9, 2026 The X user shared a chart from a Washington Post investigation last year, which found that Musk’s companies have received upward of $38 billion in government contracts, loans, subsidies, and tax credits since 2003. Musk did not…

Still life of the new Wegovy semaglutide tablets on a white background. Its a prescription medicine used with a reduced calorie diet and .and physical activity.Michael Siluk | Universal Images Group | Getty ImagesThe Food and Drug Administration said Novo Nordisk’s TV advertisement for its newly launched Wegovy pill for obesity included “false or misleading” claims about the medicine’s abilities and benefits to patients.In a letter to Novo dated Feb. 5, the FDA said the ad misbrands the oral drug, making its distribution a violation of federal law. The agency requested that the drugmaker take immediate action to address the…

OpenAI CEO Sam Altman made a stink about how Anthropic’s Super Bowl ad that took aim at his company was “dishonest” — but viewers seemed to love it.Separate data from two social media listening companies, Meltwater and Sprout Social, suggest Super Bowl viewers were more buzzed about Anthropic’s spot than OpenAI’s.Anthropic’s 30-second spot roasted OpenAI over its decision to bring ads to ChatGPT. The ad didn’t mention its competitor by name, but featured a scrawny man asking a buffed trainer, “Can I get a six pack quickly?” The trainer initially gives helpful information in the voice of an AI chatbot,…