Business

107 Pages

OpenAI Calls for Robot Taxes, Public Wealth Funds, and Shorter Work Weeks to Tackle AI's Economic Disruption
Business

OpenAI Calls for Robot Taxes, Public Wealth Funds, and Shorter Work Weeks to Tackle AI's Economic Disruption

OpenAI is calling for AI profit taxes, public wealth funds, and a four-day work week to combat job loss. Learn what their bold economic vision means for you.

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Rivian R2 EPA Certification Reveals 335-Mile Range and 210 kW Charging Capability
Business

Rivian R2 EPA Certification Reveals 335-Mile Range and 210 kW Charging Capability

Rivian's R2 earns 335-mile EPA range and 210 kW charging in official docs. Discover full specs including heat pump upgrade and tire configuration details.

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Millions of Eye Drop Bottles Recalled From Rite-Aid, Walgreens, CVS, and More
Business

Millions of Eye Drop Bottles Recalled From Rite-Aid, Walgreens, CVS, and More

Millions of eye drop bottles sold at CVS, Walgreens, and Rite-Aid have been recalled. Check your medicine cabinet now and learn how to stay safe.

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JPMorgan Warns Tesla Stock Could Plunge More Than 60%
Business

JPMorgan Warns Tesla Stock Could Plunge More Than 60%

JPMorgan Chase predicts Tesla stock could collapse by over 60%. Find out what's driving the bearish forecast and what it means for investors.

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Primanti Bros. Plans to Close Two More Pittsburgh-Area Locations in Strategic Recalibration
Business

Primanti Bros. Plans to Close Two More Pittsburgh-Area Locations in Strategic Recalibration

Primanti Bros. is closing two more Pittsburgh-area locations as part of a strategic recalibration. Find out what this means for the iconic sandwich chain.

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FCC Router Ban Threatens Top Wi-Fi Brands Used by Millions of Americans
Business

FCC Router Ban Threatens Top Wi-Fi Brands Used by Millions of Americans

The FCC's proposed router ban could disrupt top Wi-Fi brands used by millions. Find out which brands face the biggest risk and what it means for consumers.

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AP Offers Buyouts in Major Shift Away From Print Journalism
Business

AP Offers Buyouts in Major Shift Away From Print Journalism

The Associated Press is offering buyouts to U.S. journalists as it pivots from print newspaper journalism. Learn what this means for the future of news.

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Markets Tread Cautiously as Trump's Iran Bombing Deadline Looms Over Ceasefire Talks
Business

Markets Tread Cautiously as Trump's Iran Bombing Deadline Looms Over Ceasefire Talks

U.S. stocks rise just 0.2% and oil prices swing wildly as Trump's deadline to bomb Iranian power plants pressures ceasefire talks. Get the latest updates.

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I Tried an Airport Nap Room After an Overnight Delay — Here's Whether It Was Worth the Cost
Business

I Tried an Airport Nap Room After an Overnight Delay — Here's Whether It Was Worth the Cost

Stranded overnight at the airport? One traveler tried a Minute Suites nap room after a delay. Read the full review to see if it's worth the cost.

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JPMorgan Warns Tesla Stock Could Plunge 60% Amid Growing Headwinds
Business

JPMorgan Warns Tesla Stock Could Plunge 60% Amid Growing Headwinds

JPMorgan Chase warns Tesla stock could fall 60% amid rising competition, price cuts, and weak demand. Find out what it means for TSLA investors.

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US Service Sector Growth Cools in March as Employment Drops and Input Prices Spike
Business

US Service Sector Growth Cools in March as Employment Drops and Input Prices Spike

US service sector growth slowed in March as employment fell sharply and input prices surged. Read what this means for the economy and Fed policy.

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Treasury Taps BNY Mellon as Financial Agent for Trump Accounts Program
Business

Treasury Taps BNY Mellon as Financial Agent for Trump Accounts Program

The U.S. Treasury has designated BNY Mellon to support the Trump Accounts program. Learn what this means for Americans and the financial system.

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Strategy Reports $14.5 Billion Unrealized Loss as Bitcoin Holdings Tumble in Q1
Business

Strategy Reports $14.5 Billion Unrealized Loss as Bitcoin Holdings Tumble in Q1

Strategy Inc. recorded a $14.5 billion unrealized loss in Q1 as bitcoin prices fell. Read what this means for Michael Saylor's bold crypto strategy.

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FuboTV Sets Path to Profitability With New EBITDA Targets Through 2028
Business

FuboTV Sets Path to Profitability With New EBITDA Targets Through 2028

FuboTV releases Adjusted EBITDA guidance for 2026 and 2028, reaffirms cash forecast. Read what CEO David Gandler's shareholder letter means for investors.

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Stewart's Shops Debuts New Half Gallon Flavor Inspired by $50,000 Hospital Donation
Business

Stewart's Shops Debuts New Half Gallon Flavor Inspired by $50,000 Hospital Donation

Stewart's Shops launches a new half gallon ice cream flavor inspired by a Saratoga Springs couple's $50,000 gift to Saratoga Hospital. Find out more today.

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Brands Fight AI Fatigue With 'No AI' Labels as Consumer Trust Erodes
Business

Brands Fight AI Fatigue With 'No AI' Labels as Consumer Trust Erodes

Brands are fighting AI content fatigue by labeling human-made marketing with 'No AI' disclaimers. Find out why authenticity is becoming a key competitive edge.

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21 Vintage Items in Your Grandmother's Living Room That Could Be Worth a Fortune
Business

21 Vintage Items in Your Grandmother's Living Room That Could Be Worth a Fortune

Discover 21 surprisingly valuable vintage items found in older homes, from midcentury furniture to rare china. Could your family heirlooms be worth a fortune?

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Airlines Cancel Flights as Iran War Drives Jet Fuel Shortages and Surging Prices
Business

Airlines Cancel Flights as Iran War Drives Jet Fuel Shortages and Surging Prices

Airlines are canceling flights as the Iran war causes jet fuel shortages and price spikes. Find out which routes are affected and what travelers should do now.

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Detroit Bakery Breaks the Internet With Nightmare-Fuel Easter Lamb Cake
Business

Detroit Bakery Breaks the Internet With Nightmare-Fuel Easter Lamb Cake

A Detroit bakery went viral with a terrifying Easter lamb cake that has the internet divided. See the nightmare dessert everyone is talking about this holiday.

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Michael Saylor Declares Bitcoin Has Won the Global Financial Race
Business

Michael Saylor Declares Bitcoin Has Won the Global Financial Race

Strategy's Michael Saylor declares Bitcoin has won. Find out what this bold statement means for crypto markets and institutional investors. Read more now.

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Markets On The Move: Sysco, CrowdStrike, And Alcoa Lead Premarket Surge
Business

Markets On The Move: Sysco, CrowdStrike, And Alcoa Lead Premarket Surge

Markets are on the move as Sysco, CrowdStrike, and Alcoa lead a premarket surge. Get the latest stock market updates and trading insights.

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Amazon's Big Spring Sale Slashes Prices on Apple, Sony Headphones and More
Business

Amazon's Big Spring Sale Slashes Prices on Apple, Sony Headphones and More

Amazon's Big Spring Sale offers major discounts on Apple, Sony headphones, and more top tech products. Find the best deals before they sell out.

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Trump's Endgame on Iran Is a Mystery—and Markets Are Paying the Price
Politics

Trump's Endgame on Iran Is a Mystery—and Markets Are Paying the Price

Trump's unclear strategy on Iran is unsettling financial markets, leaving investors uncertain as geopolitical tensions drive market volatility.

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Stock Futures Drop as Wall Street Braces for Holiday-Shortened Week
Business

Stock Futures Drop as Wall Street Braces for Holiday-Shortened Week

Stock futures are falling as Wall Street braces for a holiday-shortened trading week. Get the latest on market trends, investor sentiment, and what to watch.

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The End of the Consulting Generalist
Business

The End of the Consulting Generalist

The era of the consulting generalist is coming to an end. Discover what's driving this shift in the consulting industry and what it means for business strategy.

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Home Sellers Outnumber Buyers by Nearly 50% as Market Mismatch Hits Record 630,000
Business

Home Sellers Outnumber Buyers by Nearly 50% as Market Mismatch Hits Record 630,000

Home sellers now outnumber buyers by nearly 50% as the real estate market mismatch hits a record 630,000. What this means for housing prices and buyers.

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Landmark Jury Ruling Fuels Push for Social Media Safety Overhaul
Business

Landmark Jury Ruling Fuels Push for Social Media Safety Overhaul

A landmark jury ruling is fueling calls for a major social media safety overhaul. Learn how this decision could reshape platform accountability and regulation.

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Markets Reel as Oil Surges Past $100 — Your Next Move
Business

Markets Reel as Oil Surges Past $100 — Your Next Move

Financial markets are reeling as oil prices surge past $100 per barrel. Here's what investors need to know and what your next financial move should be.

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Markets Plunge to 2026 Low as Oil Prices Surge
Business

Markets Plunge to 2026 Low as Oil Prices Surge

Stock markets plunge to their lowest point of 2026 as surging oil prices weigh heavily on investor sentiment, raising fears of a prolonged economic slowdown.

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Dow CEO Says Iran Conflict Will Drive Petrochemical Prices Higher Through 2026
Business

Dow CEO Says Iran Conflict Will Drive Petrochemical Prices Higher Through 2026

Dow's CEO warns that the escalating Iran conflict will push petrochemical prices higher through 2026, impacting global supply chains and manufacturing costs.

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Rising Gas Prices and Falling Stocks Shake Even Wealthy Americans' Economic Confidence
Business

Rising Gas Prices and Falling Stocks Shake Even Wealthy Americans' Economic Confidence

Rising gas prices and declining stock markets are rattling even wealthy Americans' economic confidence, signaling broader concerns about the financial outlook.

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Wall Street Doubles Down on Bargain Stocks Amid Escalating Conflict
Business

Wall Street Doubles Down on Bargain Stocks Amid Escalating Conflict

Wall Street investors are doubling down on undervalued bargain stocks as geopolitical tensions escalate, seeking opportunities amid market uncertainty.

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Partner of American Airlines Flight Attendant Missing in Colombia Holds Out Hope He Is Still Alive
Business

Partner of American Airlines Flight Attendant Missing in Colombia Holds Out Hope He Is Still Alive

The partner of a missing American Airlines flight attendant in Colombia holds out hope that he is still alive as the search continues.

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Iran's Oil and Gas Cutoff Sends Shockwaves Through Southeast Asia
Business

Iran's Oil and Gas Cutoff Sends Shockwaves Through Southeast Asia

Iran's sudden oil and gas cutoff sends shockwaves through Southeast Asia, disrupting energy markets and raising concerns about regional supply shortages.

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Three Crises That Defined the New Disney CEO's First Week
Business

Three Crises That Defined the New Disney CEO's First Week

Disney's new CEO faced three major crises in their very first week on the job, setting the tone for a challenging tenure at the entertainment giant.

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150+ Best-Ever Deals on Apple and Sony Headphones in Amazon's Big Spring Sale 2026
Business

150+ Best-Ever Deals on Apple and Sony Headphones in Amazon's Big Spring Sale 2026

Score 150+ best-ever deals on Apple and Sony headphones during Amazon's Big Spring Sale 2026 with massive discounts on top audio brands.

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Build America Buy America Law Stalls Construction as Housing Crisis Deepens
Business

Build America Buy America Law Stalls Construction as Housing Crisis Deepens

The Build America Buy America law is creating construction delays across the country as the ongoing housing crisis deepens and costs continue to rise.

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Macquarie Warns Oil Could Hit $200 if War Drags Into June
Business

Macquarie Warns Oil Could Hit $200 if War Drags Into June

Macquarie analysts warn that oil prices could surge to $200 per barrel if ongoing conflict extends into June, rattling global energy markets.

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Justice Department Hits NewYork-Presbyterian With Antitrust Lawsuit
Business

Justice Department Hits NewYork-Presbyterian With Antitrust Lawsuit

The Justice Department has filed an antitrust lawsuit against NewYork-Presbyterian, targeting the hospital network's competitive business practices.

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2027 Infiniti QX65 Debuts as a Sleeker Take on the Two-Row SUV
Lifestyle

2027 Infiniti QX65 Debuts as a Sleeker Take on the Two-Row SUV

The 2027 Infiniti QX65 makes its debut as a sleeker, more refined take on the two-row SUV segment, blending luxury design with practical performance.

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New Analysis Shows Iran War Would Send U.S. Inflation Surging
Business

New Analysis Shows Iran War Would Send U.S. Inflation Surging

A new analysis warns that a war with Iran would cause U.S. inflation to surge dramatically, driven by skyrocketing oil prices and supply chain disruptions.

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The Hidden Market Risk Beyond Inflation as the Iran Conflict Escalates
Business

The Hidden Market Risk Beyond Inflation as the Iran Conflict Escalates

As the Iran conflict escalates, analysts warn of hidden market risks beyond inflation that could significantly impact investors and the global economy.

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Stocks Plunge Into Correction as Iran Tensions Spark Oil Rally
Business

Stocks Plunge Into Correction as Iran Tensions Spark Oil Rally

Stock markets have plunged into correction territory as escalating Iran tensions trigger an oil price rally, rattling investors and global financial markets.

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How Trump's Iran Standoff Is Driving Up Gas Prices
Business

How Trump's Iran Standoff Is Driving Up Gas Prices

Trump's escalating standoff with Iran is sending gas prices higher across the U.S., as oil markets react to rising geopolitical tensions in the Middle East.

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FAA Probes Near-Miss Between Military Helicopter and United Flight at Orange County Airport
Business

FAA Probes Near-Miss Between Military Helicopter and United Flight at Orange County Airport

The FAA is investigating a near-miss incident between a military helicopter and a United Airlines flight at Orange County Airport, raising serious safety concerns.

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Asian Markets Brace for Decline Amid Extended Iran Negotiations
Business

Asian Markets Brace for Decline Amid Extended Iran Negotiations

Asian markets are bracing for a decline as extended Iran nuclear negotiations fuel global uncertainty and investor caution across the region.

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Court Rules X Advertising Boycott Is Perfectly Legal in Major Blow to Musk
Business

Court Rules X Advertising Boycott Is Perfectly Legal in Major Blow to Musk

A court has ruled that the advertising boycott against X, formerly Twitter, is perfectly legal, dealing a significant blow to Elon Musk and the platform.

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Infiniti Bets on New SUV to Revive U.S. Sales
Business

Infiniti Bets on New SUV to Revive U.S. Sales

Infiniti is counting on a new SUV model to boost its declining U.S. sales figures and reclaim market share in the competitive luxury segment.

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AI Replaces Another CEO in a Single Move
Business

AI Replaces Another CEO in a Single Move

In a striking move, AI has replaced another CEO, highlighting the growing trend of artificial intelligence taking over executive roles.

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Meta's Internal Playbook Reveals Its Aggressive Push to Make Every Employee an AI User
Business

Meta's Internal Playbook Reveals Its Aggressive Push to Make Every Employee an AI User

Meta's internal playbook reveals an aggressive strategy to push every employee to actively use AI tools across the company.

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David Sacks Steps Down as White House AI and Crypto Czar
Business

David Sacks Steps Down as White House AI and Crypto Czar

David Sacks has stepped down from his role as the White House's AI and Crypto Czar, marking a significant shift in tech policy.

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Target Hit With Fresh Boycott Over ICE Stance Amid Ongoing Turnaround Push
Business

Target Hit With Fresh Boycott Over ICE Stance Amid Ongoing Turnaround Push

Target is hit with a fresh consumer boycott over its stance on ICE as the retailer continues its ongoing turnaround and recovery push.

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Apple Awards Rare Bonuses to iPhone Designers Amid OpenAI Talent War
Business

Apple Awards Rare Bonuses to iPhone Designers Amid OpenAI Talent War

Apple is awarding rare retention bonuses to top iPhone designers as the company fights to keep talent amid an intensifying recruitment war with OpenAI.

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Renewable Energy Set to Dwarf Fossil Fuel Additions in 2026, EIA Projects
Business

Renewable Energy Set to Dwarf Fossil Fuel Additions in 2026, EIA Projects

The EIA projects renewable energy additions will vastly outpace fossil fuel capacity in 2026, marking a major milestone in the global energy transition.

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Google unveils TurboQuant, a new AI memory compression algorithm — and yes, the internet is calling it 'Pied Piper'
Business

Google unveils TurboQuant, a new AI memory compression algorithm — and yes, the internet is calling it 'Pied Piper'

Google has unveiled TurboQuant, a new AI memory compression algorithm already being compared to Pied Piper online for its innovative compression approach.

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Arm Forecasts Steep Sales Ramp For New AI Server Chip
Business

Arm Forecasts Steep Sales Ramp For New AI Server Chip

Arm Holdings is forecasting a steep sales ramp for its new AI server chip, signaling strong demand as the AI infrastructure market continues to expand.

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Light Rail Across Lake Washington Could Transform Seattle Into a World-Class Transit City
Business

Light Rail Across Lake Washington Could Transform Seattle Into a World-Class Transit City

A proposed light rail line across Lake Washington could revolutionize Seattle's public transit system and elevate it to world-class status.

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Asia stocks dither as Iran rules out direct ceasefire talks, reviewing US proposal
Business

Asia stocks dither as Iran rules out direct ceasefire talks, reviewing US proposal

Asian stock markets showed uncertainty as Iran ruled out direct ceasefire talks while reviewing a US proposal, adding to global market tensions.

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37 Best Amazon Big Spring Sale Tech Deals — Including Headphones for Just $48
Business

37 Best Amazon Big Spring Sale Tech Deals — Including Headphones for Just $48

Shop the 37 best Amazon Big Spring Sale tech deals, including headphones for just $48 and major discounts on top gadgets and electronics.

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Mortgage rates rise as Iran war affects U.S. housing market
Business

Mortgage rates rise as Iran war affects U.S. housing market

Mortgage rates are climbing as tensions from the Iran war ripple through the U.S. housing market, affecting buyers, sellers, and lenders nationwide.

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SpaceX Share Sale Reports Send Rocket Stocks Surging
Business

SpaceX Share Sale Reports Send Rocket Stocks Surging

Reports of a new SpaceX share sale are sending rocket and space-related stocks surging as investor enthusiasm for the private space sector grows.

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Meta Slashes Hundreds of Jobs as AI Spending Surges
Business

Meta Slashes Hundreds of Jobs as AI Spending Surges

Meta is slashing hundreds of jobs even as the company dramatically increases spending on artificial intelligence infrastructure and development.

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Dow Futures Slide as Markets Waver on Iran Deal Uncertainty
Business

Dow Futures Slide as Markets Waver on Iran Deal Uncertainty

Dow futures slide as markets waver over uncertainty surrounding a potential Iran nuclear deal, fueling volatility across global financial markets.

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Top Picks From Amazon's Big Spring Sale So Far
Business

Top Picks From Amazon's Big Spring Sale So Far

Discover the top picks from Amazon's Big Spring Sale, including must-have deals on electronics, home goods, fashion, and more.

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How a War With Iran Could Derail the U.S. Housing Recovery
Business

How a War With Iran Could Derail the U.S. Housing Recovery

A potential war with Iran could disrupt oil markets, spike inflation, and derail the fragile U.S. housing market recovery. Here's what experts say.

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Stocks Surge and Oil Drops as Iran Ceasefire Hopes Build
Business

Stocks Surge and Oil Drops as Iran Ceasefire Hopes Build

Global stocks rally and oil prices fall as hopes for an Iran ceasefire grow. See how geopolitical developments are shaking up financial markets today.

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Arm Surges 16% on Projected Revenue Windfall From New Chip Architecture
Business

Arm Surges 16% on Projected Revenue Windfall From New Chip Architecture

Arm Holdings surges 16% after projecting a major revenue windfall from its new chip architecture. Find out what's driving the stock and investor excitement.

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Pilots Have Warned About Close Calls and Air Traffic Control Chaos at LaGuardia for Years
Business

Pilots Have Warned About Close Calls and Air Traffic Control Chaos at LaGuardia for Years

Pilots have been warning about near-misses and air traffic control chaos at LaGuardia for years. Here's what the record shows and why it matters now.

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85 Best Deals Worth Grabbing From Amazon's Big Spring Sale 2026
Business

85 Best Deals Worth Grabbing From Amazon's Big Spring Sale 2026

Don't miss the 85 best deals from Amazon's Big Spring Sale 2026. Shop top picks across tech, home, fashion, and more at unbeatable prices.

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Meta and Google Lose Landmark Social Media Addiction Case — What It Means for Big Tech
Business

Meta and Google Lose Landmark Social Media Addiction Case — What It Means for Big Tech

Meta and Google have lost a landmark social media addiction lawsuit. Discover what this ruling means for Big Tech and digital platform accountability.

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Salesforce Freezes Pay for Top Employees — Offers This Perk Instead
Business

Salesforce Freezes Pay for Top Employees — Offers This Perk Instead

Salesforce is freezing pay for its top employees and offering an alternative perk instead. Find out what the tech giant is offering and why.

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Merck Bets $6.7B on Terns to Take On Novartis in Leukemia Market
Business

Merck Bets $6.7B on Terns to Take On Novartis in Leukemia Market

Merck is betting $6.7 billion on Terns Pharmaceuticals to challenge Novartis in the competitive leukemia treatment market.

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Amazon's Big Spring Sale Is Here — The Best Deals, Updated Daily
Business

Amazon's Big Spring Sale Is Here — The Best Deals, Updated Daily

Amazon's Big Spring Sale is live! Discover the best deals updated daily on top products across tech, home, fashion, and more.

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War Clouds Darken US Economy as Recession Fears Mount
Business

War Clouds Darken US Economy as Recession Fears Mount

Escalating geopolitical tensions are casting a shadow over the US economy as recession fears intensify. Experts weigh in on the economic outlook.

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Stock Futures Slide as U.S.-Iran Tensions Escalate
Business

Stock Futures Slide as U.S.-Iran Tensions Escalate

Stock futures tumble as escalating U.S.-Iran tensions rattle markets. Here's what investors need to know about the latest geopolitical impact on stocks.

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Meta Slashes Hundreds of Jobs Across Five Divisions
Business

Meta Slashes Hundreds of Jobs Across Five Divisions

Meta is slashing hundreds of jobs across five of its divisions in the latest wave of tech industry layoffs affecting major platforms.

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Nvidia Stock Climbs as Arm's New AI Chip Fails to Shake Investor Confidence
Business

Nvidia Stock Climbs as Arm's New AI Chip Fails to Shake Investor Confidence

Nvidia stock climbed as Arm's new AI chip failed to shake investor confidence, reinforcing Nvidia's dominant position in the AI chip market.

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Elon Musk Seeks Judge's Recusal in Tesla Shareholder Case Over Social Media Activity
Business

Elon Musk Seeks Judge's Recusal in Tesla Shareholder Case Over Social Media Activity

Elon Musk is seeking a judge's recusal in the Tesla shareholder case, citing social media activity as grounds for potential bias.

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Microsoft Faces Worst Quarter in 17 Years With No Recovery in Sight
Business

Microsoft Faces Worst Quarter in 17 Years With No Recovery in Sight

Microsoft is facing its worst quarter in 17 years with little sign of recovery. Explore the financial struggles and what analysts are saying.

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Polymarket and Wall Street Wagers on Trump War News Face Growing Scrutiny
Business

Polymarket and Wall Street Wagers on Trump War News Face Growing Scrutiny

Well-timed trades on Polymarket and Wall Street regarding Iran war developments are raising concerns about potential insider trading.

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Meta Slashes Hundreds of Jobs Across Reality Labs, Facebook, and Beyond
Business

Meta Slashes Hundreds of Jobs Across Reality Labs, Facebook, and Beyond

Meta began laying off hundreds of employees, affecting its Reality Labs VR division and at least four other divisions as the company doubles down on AI.

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Beretta Makes Bold Move to Expand Ownership Stake in Sturm Ruger
Business

Beretta Makes Bold Move to Expand Ownership Stake in Sturm Ruger

Beretta is making a bold move to expand its ownership stake in rifle-maker Sturm Ruger, which is dismissing the campaign as a 'creeping takeover.'

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Mortgage Demand Plunges as Rates Surge to Highest Level Since October
Business

Mortgage Demand Plunges as Rates Surge to Highest Level Since October

Mortgage demand tumbled last week as mortgage rates surged higher and affordability weakened, creating significant headwinds for the housing market.

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Barclays Retreats From Asset-Based Lending in Wake of MFS and Tricolor Setbacks
Business

Barclays Retreats From Asset-Based Lending in Wake of MFS and Tricolor Setbacks

Barclays is scaling back asset-based lending to smaller borrowers following the collapses of Market Financial Solutions and Tricolor Holdings.

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Wall Street Raises Recession Alarm as Hidden Economic Fractures Widen
Business

Wall Street Raises Recession Alarm as Hidden Economic Fractures Widen

Economists on Wall Street have elevated their recession probability assessments amid heightened geopolitical risk from the Iran war and a slowing labor market.

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Disney Pulls $1 Billion OpenAI Deal as Sora Faces Shutdown
Business

Disney Pulls $1 Billion OpenAI Deal as Sora Faces Shutdown

Disney has pulled out of a $1 billion OpenAI deal as Sora faces a shutdown, with press reports suggesting Disney was blindsided by the development.

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Sony and Honda Pull the Plug on Afeela
Business

Sony and Honda Pull the Plug on Afeela

Sony and Honda's joint EV venture is discontinuing the $90,000 Afeela sedan after Honda overhauled its electric vehicle strategy.

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Meta Loses Trial After Calling Child Exploitation on Its Apps Inevitable
Business

Meta Loses Trial After Calling Child Exploitation on Its Apps Inevitable

Meta has lost a landmark child safety trial and plans to appeal as it faces down two additional child safety trials.

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Oil Prices Slide as Trump Signals Progress on Iran Diplomacy
Business

Oil Prices Slide as Trump Signals Progress on Iran Diplomacy

Oil prices slide after President Trump signaled progress toward an Iran deal, though Tehran rejected claims of direct talks with the US.

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Merck Strikes $6.7 Billion Deal for Terns Pharmaceuticals to Expand Cancer Portfolio
Business

Merck Strikes $6.7 Billion Deal for Terns Pharmaceuticals to Expand Cancer Portfolio

Merck is acquiring Terns Pharmaceuticals for $6.7 billion to strengthen its cancer drug portfolio ahead of the Keytruda patent expiration in 2028.

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Merck Closes In on $6B Biotech Acquisition to Supercharge Its Cancer Drug Pipeline
Business

Merck Closes In on $6B Biotech Acquisition to Supercharge Its Cancer Drug Pipeline

Merck is closing in on a $6 billion acquisition of Terns Pharmaceuticals to bolster its cancer drug pipeline ahead of the Keytruda patent cliff.

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Disney CEO's First Week Hit by Fortnite Fallout and OpenAI Turbulence
Business

Disney CEO's First Week Hit by Fortnite Fallout and OpenAI Turbulence

New Disney CEO Josh D'Amaro saw two billion-dollar technology bets falter in his very first week on the job.

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US Bars All Foreign-Made Consumer Routers From Domestic Market
Business

US Bars All Foreign-Made Consumer Routers From Domestic Market

The FCC has banned imports of all new foreign-made consumer routers due to cybersecurity concerns, primarily targeting Chinese-made devices.

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Today's Oil Crisis vs. the 1973 Embargo: What History Reveals
Business

Today's Oil Crisis vs. the 1973 Embargo: What History Reveals

The 1973 oil embargo removed 4.5 million barrels per day from global supply. Today's Iran war has removed 20 million. Here's how they compare.

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Chevron CEO: US-Iran Conflict Hit Global Oil Markets Harder Than Russia-Ukraine War
Business

Chevron CEO: US-Iran Conflict Hit Global Oil Markets Harder Than Russia-Ukraine War

Chevron CEO Mike Wirth says the US-Iran conflict hit global oil markets harder than the Russia-Ukraine war, and rebuilding will take time.

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Toyota Pumps $1 Billion Into Kentucky and Indiana Plants to Boost U.S. Production
Business

Toyota Pumps $1 Billion Into Kentucky and Indiana Plants to Boost U.S. Production

Toyota announced $1 billion in investments in US plants in Kentucky and Indiana as part of a plan to invest up to $10 billion domestically over five years.

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Uniqlo Reopens on Mag Mile With New Flagship Store This Friday
Business

Uniqlo Reopens on Mag Mile With New Flagship Store This Friday

Uniqlo returns to Chicago's Magnificent Mile with a new flagship store, featuring giveaways, discounts, and early access to the Roger Federer Collection.

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Apollo Caps Investor Withdrawals at 45% in $15 Billion Private Credit Fund
Business

Apollo Caps Investor Withdrawals at 45% in $15 Billion Private Credit Fund

Apollo capped investor withdrawals at 45% in its $15 billion private credit fund, showing the rush of redemptions plaguing the $1.8 trillion market.

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FCC Bars Sale of New Foreign-Made Wi-Fi Routers
Business

FCC Bars Sale of New Foreign-Made Wi-Fi Routers

The FCC's surprising order means any new Wi-Fi router models sold in the US must be American-made or receive a special Pentagon or DHS exemption.

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AARP Warns of Critical Flaw Threatening 401(k) Savings
Business

AARP Warns of Critical Flaw Threatening 401(k) Savings

AARP sounds the alarm on a major 401(k) retirement mistake that Americans over 50 need to avoid to protect their savings.

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Blackstone Private Credit Fund Posts First Monthly Loss in Over Two Years
Business

Blackstone Private Credit Fund Posts First Monthly Loss in Over Two Years

Blackstone's flagship private credit fund posted its first monthly loss in more than three years, signaling weakening performance in the $1.8 trillion market.

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Trump Administration Plans Massive 10-Gigawatt Data Center and Gas Plant Complex at Former Ohio Uranium Site
Technology

Trump Administration Plans Massive 10-Gigawatt Data Center and Gas Plant Complex at Former Ohio Uranium Site

The U.S. Department of Energy announced a public-private partnership with SoftBank and AEP Ohio to develop a massive AI data center at a former uranium enrichment site.

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Small Publishers Bear the Brunt of Plummeting Search Traffic
Business

Small Publishers Bear the Brunt of Plummeting Search Traffic

Larger publishers with stronger brand recognition are more insulated from search traffic declines driven by AI chatbots, leaving small publishers vulnerable.

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Fed Faces Dual Inflation Threat as Hot PPI and Iran Tensions Rattle S&P 500
Business

Fed Faces Dual Inflation Threat as Hot PPI and Iran Tensions Rattle S&P 500

The Federal Reserve faces dual inflation pressure from hot PPI data and Iran war tensions as the S&P 500 experiences significant volatility.

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Iran's War Is Reshaping the Global Economy
Business

Iran's War Is Reshaping the Global Economy

The Iran war is creating a global economic crisis that governments and businesses around the world are scrambling to manage.

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3,800 Workers Walk Out at Major US Meatpacking Plant
Business

3,800 Workers Walk Out at Major US Meatpacking Plant

About 3,800 workers at one of the nation's largest meatpacking plants are on strike in Colorado over working conditions.

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Why Your Delivery Order Costs More Than Your Neighbors
Business

Why Your Delivery Order Costs More Than Your Neighbors

A Big Mac experiment on Uber Eats revealed chaotic price variation. Here's how modern dynamic pricing affects your delivery orders.

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