Business news

Business news • Jun 02

U.S. sanctions Iranian crypto exchanges in ongoing war against the country

The U.S. Treasury Department blacklisted several Iranian crypto exchanges, including its largest platform Nobitex, on Tuesday as part of its ongoing...

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Business news • Jun 02

Controversial Michigan data center breaks ground, and 4 other major stories

Tech industry leaders and Michigan Gov. Gretchen Whitmer gathered Monday in Saline Township to break ground on a $16 billion data center project that has...

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Business news • Jun 02

Fed’s Warsh Taps Conservatives Winfree, Heil as Advisers

Federal Reserve Chairman Kevin Warsh has hired conservative policy analysts Paul Winfree and Daniel Heil as temporary advisers, according to people familiar...

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Business news • Jun 02

US Sanctions Iran’s Top Crypto Exchange in Ongoing Push for Deal

The Trump administration sanctioned Iran's biggest cryptocurrency exchange and three other entities in a continued effort to pressure the Islamic Republic...

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Business news • Jun 02

Ulta Beauty to open ‘experiential’ Times Square location in 2027

On Tuesday's quarterly earnings call, Ulta CEO and president Kecia Steelman shared plans to expand its U.S. business, including a new fulfillment center in...

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Business news • Jun 02

Here’s how investors can protect their portfolios from the next stock-market crash

It might not be today, it might not be tomorrow, but at some point, this bull market is going to end.

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Business news • Jun 02

Palo Alto Earnings Just Proved AI Skeptics Wrong About Cybersecurity, Stock Jumps

reported strong third-quarter earnings results on Tuesday afternoon, beating estimates for every major metric. Its stock was higher in after-hours trading.

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Business news • Jun 02

Broadcom Stock Closes at a Record. It’s Getting a Double Boost From Google and Marvell.

Broadcom stock rises. Why Google's plan to raise $80 billion bodes well for the AI chip maker. Nvidia and Marvell are also helping.

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Business news • Jun 02

Trump wants to make a complicated process for millions of student-loan borrowers easier

President Donald Trump's administration is preparing to streamline the repayment process for defaulted student-loan borrowers. The Department of Education...

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Business news • Jun 02

Ulta delivers beauty-fueled beat with top- and bottom-line beat, raises FY26 profit outlook (ULTA:NASDAQ)

Ulta (ULTA) delivered a top- and bottom-line beat in the first quarter, reported better-than-expected comparable store sales, and lifted its full-year...

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Business news • Jun 02

US sanctions Iran’s largest digital asset exchange Nobitex and 3 others

The Trump administration has placed sanctions on Iran's largest digital asset exchange, Nobitex, and three others.

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Business news • Jun 02

Ellison Passes Larry Page—Second Richest Behind Elon Musk

The AI boom is simultaneously minting and shaving fortunes at the top of the rankings, and Ellison and Page sit on opposite sides of the trade.

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Business news • Jun 02

US sanctions Iran's largest crypto exchange over IRGC links

LONDON, June 2 (Reuters) - The United States announced sanctions on Iran's biggest cryptocurrency exchange on Tuesday, accusing it of enabling the Iranian...

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Business news • Jun 02

Paramount's top lawyer says some people who don't like the Warner Bros. deal are antisemitic

Lots of people have objected to Paramount's planned purchase of Warner Bros. Discovery. Some of those people are antisemitic, says Paramount's top lawyer.

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Business news • Jun 02

Ulta shares pop as beauty retailer beats Wall Street expectations and hikes earnings outlook

Ulta Beauty beat on the top and bottom lines for its fiscal first quarter on Tuesday as CEO Kecia Steelman praised the company's strategy.

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Business news • Jun 02

U.S. sanctions Iran's largest crypto exchange over IRGC links

The United ⁠States announced sanctions on Iran's biggest cryptocurrency exchange on Tuesday (June 2, 2026), accusing it of enabling the Iranian government...

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Business news • Jun 02

Pattie Gonia, a Drag Queen, Is Sued by Patagonia Over Trademark Infringement

The outdoor apparel company says the drag queen and environmentalist is using its name for commercial purposes. She's ready to go to court.

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Business news • Jun 02

Why This Biotech Plummeted Despite Its 'Best-Case' Study

Abivax (ABVX) stock crashed by more than a third Tuesday despite what one analyst called "best-case" results for a study of its ulcerative colitis treatment...

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Business news • Jun 02

Bra Sales Power Victoria’s Secret Turnaround and Shares Soar

Retailer posts 15% first-quarter sales gain and raises full-year outlook.

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Business news • Jun 02

Stock Market Today: Dow, S&P 500 Extend Win Streaks; Apple Rises, Nvidia Sinks (Live Coverage)

Stock Market Today: The Dow Jones index rises Tuesday with U.S.-Iran talks ongoing. Celestica sees a powerful move. Apple is a Dow gainer.

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