Business news

Business news • Jun 07

US Stock Futures Drop After Tech Selloff, Oil Up: Markets Wrap

Stocks and bonds dropped as investors faced a trio of headwinds with a pullback in the artificial-intelligence trade, mounting bets on a US interest rate...

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Business news • Jun 07

Oil Jumps as Iran’s Attacks on Israel Put Ceasefire at Risk

Oil edged higher after Israel and Iran signaled they would refrain from further escalation after a day of hostilities between the two sides.

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Business news • Jun 07

More Carriers Expected to Follow in Spirit's Footsteps as Fuel Crisis Slashes Airline Profits in Half

Airline profits are going to be slashed in half this year because of the jet fuel shortage driven by the war between Iran and the United States,...

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Business news • Jun 07

Charter and Comcast rival files Chapter 11 bankruptcy

When cable television first rolled out across the United States, the major players, which included current leaders Comcast and Charter Communications,...

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Business news • Jun 07

SpaceX IPO will be a massive selling event across stock market as investors dump shares to buy SPCX

"Selling flows in recent winners and levered products from retail to invest in SpaceX could be very large."

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Business news • Jun 07

“I Fart Because It’s The Only Gas I Can Afford”: 30 Signs From This Week That Sent Me Into A Tizzy Of Tee-Hees

Welcome to another roundup of Reddit's funniest signs! We pulled some absolute gems from this week, and we also love featuring ones by BuzzFeed readers.

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Business news • Jun 07

McDonald’s Employee in ICU with Second-Degree Burns After Co-Worker Allegedly Threw Hot Oil on Him

"As much as I want to be angry, or want to hate people and be scared of people, it's just so hard to be when I have so many people showing their love for me...

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Business news • Jun 07

Marvell leads chip wreck unseen since the pandemic

Days after Jensen Huang crowned Marvell a future trillion-dollar stock, it led the chip sector's worst single day since the 2020 crash.

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Business news • Jun 07

Man arrested and accused of sneaking onto United Airlines flight with fake boarding pass

Abdulrahman Oriyomi, 25, was removed from the plane before the Los Angeles-bound flight departed Houston, according to court documents.

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Business news • Jun 07

The 2 Easiest Ways for Retail Investors to Buy Into the SpaceX IPO

SpaceX is allocating a sizeable portion of its available IPO shares to retail investors via select brokerages.

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Business news • Jun 07

Sammy's Grill on Highland Road announces closure as it searches for new location

BATON ROUGE — Sammy's Grill on Highland Road announced the closure of the location on Sunday afternoon. "As our lease has come to an end, the property...

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Business news • Jun 07

'Bring 'em on': Delta wants United's crown over the Pacific, too

Delta's president, Peter Carter, told CNBC that the carrier wants to take United on over the Pacific.

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Business news • Jun 07

OpenAI is still working on that ‘super app’

"Chat is dead" — at least, according to a senior OpenAI employee.

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Business news • Jun 07

Wait, Don't Toss Those Silica Gel Packets—6 Ways to Use Them Around the House, According to a Pro Cleaner

Don't throw out silica packets—they can reduce rust and absorb excess moisture in various ways around the house.

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Business news • Jun 07

Trump Says Fed Rate Increase Would Be Wrong Ahead of Warsh Debut

(Bloomberg) -- President Donald Trump said the Federal Reserve would be wrong to raise interest rates as his nominee Kevin Warsh prepares to chair his first...

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Business news • Jun 07

Trump stunned as stocks fall on great jobs report. Barclays explains why ‘we are entering the warning zone

With a great Jobs Report, like just announced, stocks should go up, not down,” Trump posted. “That's the way it was for 200 years.

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Business news • Jun 07

Triple-action diabetes jab shown to reduce blood sugar and body weight

Retatrutide is designed to control appetite and blood sugar but also increase body's energy expenditure, unlike other drugs.

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Business news • Jun 07

Banks lay groundwork for mass workforce cuts as AI takes hold

Banks are cutting junior analyst classes by as much as two-thirds while sourcing roughly 62% of their AI talent from those same cohorts.

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Business news • Jun 07

Airlines face $100bn hit on jet fuel from Iran energy shock

Airlines face an extra $100bn in jet fuel costs this year after the Iran war sent prices spiralling higher, a global industry group has warned.

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Business news • Jun 07

The S&P 500 Wiped Out $1.4 Trillion in Market Cap After Red-Hot Jobs Report. Here’s Why

Just days after the S&P 500 climbed to a fresh record high as artificial intelligence stocks extended their remarkable rally, investors got a reminder that...

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