Business news

Business news • May 17

University of Arizona students boo Eric Schmidt’s AI cheerleading during commencement

University of Arizona students drowned out Eric Schmidt during commencement with boos over his AI cheerleading and sexual assault allegations.

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Business news • May 17

U.S. federal debt hits 100% of GDP, but Washington keeps spending (TLT:NASDAQ)

U.S. debt tops 100% of GDP as deficits and 5%+ Treasury yields rise.

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Business news • May 17

Mayhem breaks out at Swatch stores as fans rush to nab its Audemars Piguet pocket watch collab

The release of the Royal Pop collection, a collab between Swatch and Audemars Piguet, was so chaotic that stores had to call police to control crowds.

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Business news • May 17

Fidelity to pay out $2.5M in new settlement: Check now if you qualify for a payout of up to $5,000

This week Fidelity agreed to pay out $2.5 million in a settlement over a 2024 data breach. Here's how to check if you qualify.

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Business news • May 17

This Man's on a Mission to Return Pizza Hut to Its Retro Glory. He Just May Save the Company

By evoking 1980s nostalgia, Tim Sparks has found a way to get people talking about Pizza Hut—and coming back.

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Business news • May 17

Berkshire Sold Stocks in First Quarter. 6 Takeaways and a Buffett Mystery.

Warren Buffett's conglomerate bought $16 billion of stocks and sold $24 billion in the first quarter, a regulatory filing reveals.

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Business news • May 17

Experts sound alarm as North America’s bees start swarm season unusually early

After record losses last year, beekeepers report a warm winter has led to bees 'waking up earlier' this year.

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Business news • May 17

Swarm of Empty Waymos Descends on Unsuspecting Suburb, Circle Cul-de-Sacs for Hours on End Like Strange Ghosts

Residents of one Atlanta suburb are concerned as their otherwise sleepy streets become a gathering place for Waymos.

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Business news • May 17

Straus Family Creamery Issues Voluntary Ice Cream Recall

Straus Family Creamery asked customers to throw out some tubs sold in May across 17 states. No injuries have been reported, the company said.

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Business news • May 17

For Eclipse, the $2.5B Cerebras win is just the start of realizing its physical-world thesis

When Lior Susan started Eclipse Ventures in 2015, the firm's thesis of digitizing the physical world wasn't particularly popular in Silicon Valley.

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Business news • May 17

Gas Prices Up 56% In USA

US gas prices have gone up, and up, and up since the country bombed Iran in late February. In March, I reported that the average price of gas in the country...

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Business news • May 17

Major bank drops bombshell on Fed interest-rate bets

BNP Paribas gives a reality check on Fed interest rates for 2026 but sees future hikes due to inflation, rising Treasury yields, and the Iran war energy...

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Business news • May 17

Nvidia is getting some help as it props up S&P 500 earnings growth

Micron is expected to be the second-largest contributor to the index's overall earnings growth — behind Nvidia, whose impact will likely diminish.

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Business news • May 17

Dallas-Bound Qantas 787 Diverts To Tahiti After Belligerent Man Bites Crew

A Qantas Boeing 787 flight from Melbourne to Dallas diverted to Tahiti after a man became aggressive, and started biting crew members.

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Business news • May 17

Shutdown of US’s largest commuter rail system enters second day amid strike

Long Island Rail Road disruptions likely to affect weekday rush hour as Kathy Hochul says 'I did not want a strike'

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Business news • May 17

The American epoch of oil is collapsing. What comes next could be ugly | Jonathan Watts

China is dominating the energy transition with astonishing result, while fossil fuel fascists in the US try to turn back the clock.

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Business news • May 17

Bond yield spike is risk to unprepared equities market, investors warn

Rising benchmark yields tend to put pressure on equity valuations as companies and consumers will ​face higher borrowing costs. This can also weigh on...

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Business news • May 17

Nvidia is So Cheap That It’ll Be a Bargain Even if It Doubles

I keep hitting the buy button on NVIDIA (NASDAQ:NVDA | NVDA Price Prediction), and the logic is embarrassingly simple. The stock trades at 26 times forward...

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Business news • May 17

Mapped: America’s Most-Spoken Languages After English and Spanish

We map the most-spoken language in each state besides English and Spanish. Chinese leads in 13 states, especially along the coasts.

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Business news • May 17

My Unemployed Husband Landed a Job by Bringing Doughnuts to an Office

As a recruiter, I didn't understand why my unemployed husband couldn't land a job. But he came up with a unique strategy that got him attention.

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