Business news

Business news • Jun 09

Pentagon labels tech giant Alibaba and electric car maker BYD as aiding Chinese military

The Pentagon has added several prominent Chinese businesses to its list of Chinese military companies.

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Business news • Jun 09

Oil rises slightly as investors await clarity after Iran-Israel halt attacks

Oil prices inched up on Tuesday after Iran and Israel left the door open to a possible resumption of attacks, despite calling a halt to hostilitie.

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Business news • Jun 09

US lists China’s BYD, Alibaba, Baidu as ‘Chinese military companies’

The United States has designated Chinese corporate giants Alibaba, BYD and Baidu as companies that support China's military, expanding its blacklist to some...

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Business news • Jun 09

Oil prices may hit $150 per barrel soon if Iran war continues, energy economist says

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Business news • Jun 09

US adds BYD to list of firms with alleged Chinese military ties

The Pentagon list warns US firms of risks linked to working with flagged Chinese companies.

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Business news • Jun 09

Pentagon Names WuXi AppTec on Chinese Military List

The Pentagon has named major pharmaceutical contractor WuXi AppTec Co. on a list of firms associated with the Chinese military, a move that could threaten...

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Business news • Jun 09

Dow Jones Futures: Trump, Iran Comments Spark Tech Rebound; Apple, Micron, Nvidia, Sandisk, Tesla Are Big Movers

Dow Jones Futures: President Trump and Iran's comments sparked a tech rebound Monday. Micron, Nvidia and Sandisk were big winners.

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Business news • Jun 09

Stock Market News, June 8, 2026: Nasdaq Closes Higher After Friday Selloff

Tech stocks made up some ground Monday, even after a flare-up in tensions between Iran and Israel sent oil prices higher. The Nasdaq composite moderated...

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Business news • Jun 09

Asia chip-linked shares recover after U.S. peers bounce back

Asia's technology stocks largely rebounded on Tuesday as investors returned to artificial intelligence-linked names, tracking Wall Street's gains.

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Business news • Jun 09

FCC lifts looming deadline for Amazon Leo satellite broadband constellation

The waiver "serves the public interest by promoting a second large satellite broadband constellation."

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Business news • Jun 09

Pentagon expands list of China military-linked firms to include Alibaba, Baidu in fresh blow to diplomatic thaw

The Pentagon added a slew of Chinese tech firms, including Alibaba and Baidu, to a list of entities it believes to have aided Chinese military.

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Business news • Jun 08

OpenAI files for US IPO after Anthropic as AI giants head to public markets

June 8 (Reuters) - ChatGPT maker OpenAI confidentially filed for a U.S. initial public offering recently, the company said on Monday, joining rival...

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Business news • Jun 08

Trump’s AI meeting looks iffy — but the fight over tech profits is very much on

The explosive growth of AI is kicking off a new debate: Should the government rechannel a possible avalanche of earnings to the public?

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Business news • Jun 08

Trading Day: Recovery, but on mute

ORLANDO, Florida, June 8 (Reuters) - The S&P 500 and Nasdaq rebounded on Monday from Friday's tech-led rout, on news of anIsrael-Iran detente and as...

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Business news • Jun 08

Perrigo CEO out over ‘personal conduct’ allegations

GRAND RAPIDS, Mich. (WOOD) — The CEO of Perrigo resigned Monday in a surprise move the Grand Rapids-headquartered healthcare company attributed to “personal...

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Business news • Jun 08

Asian Stocks Set to Rebound on Iran, AI Optimism: Markets Wrap

A rebound in equities that began on Wall Street extended into Asia, as cheaper valuations for artificial intelligence shares lured investors.

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Business news • Jun 08

Stock Market News June 8, 2026: Dow ends lower, S&P 500 rises, while Nasdaq snaps three-day losing streak as tech bounces; oil rises even after Iran and Israel say they have halted strikes

Follow stock market actions on Monday. Tech was a bright spot, with Intel's shares surging after Google reportedly placed an order with the company to make...

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Business news • Jun 08

Penn Station critics demand answers on Trump-led overhaul, developer selection

A coalition of New York elected officials rallied outside Penn Station on Sunday to accuse the Trump administration of shutting local leaders out of the...

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Business news • Jun 08

OpenAI confidentially files IPO paperwork

OpenAI (OPAI.PVT) on Monday said it filed confidential paperwork for an initial public offering (IPO), setting up one of the most anticipated market debuts...

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Business news • Jun 08

OpenAI files for IPO, the latest in a stream of possible AI mega-sales

OpenAI has confidentially filed for an initial public offering, setting it up for what may be the most highly anticipated market debut in recent history and...

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