Business news

Business news • May 16

Thousands of FiveThirtyEight Articles Seemingly Vanish From the Internet

The influential polling analysis site was shut down last year, but an earlier archived version, fivethirtyeight.com, had lived on. Now the site is...

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Business news • May 16

Swatch stores shutter amid long lines for highly anticipated collaboration release

Chaos erupted at Swatch stores from New York to London as watch enthusiasts lined up for a highly anticipated new release — only for the massive crowds to...

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Business news • May 16

Ice cream sold in 17 states recalled over possible metal contamination

California-based Straus Family Creamery is recalling multiple organic ice cream products in pint and quart sizes due to the potential presence of metal...

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Business news • May 16

The next supply-chain squeeze may show up during your next oil change

Motor oil could become the next supply-chain headache as major companies warn that Middle East turmoil is squeezing key ingredients used in synthetic...

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Business news • May 16

Cathie Wood sells $40.6 million of popular semiconductor stock

Cathie Wood, chief of Ark Investment Management, is known for actively trading her holdings, sometimes selling stocks during sharp market pullbacks.

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Business news • May 16

Arizona students boo former Google CEO Eric Schmidt as he talks about AI during graduation speech

Boos rang out during the University of Arizona's graduation ceremony on Friday as former Google CEO Eric Schmidt spoke about a topic that is maybe a little...

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Business news • May 16

Trump Clears Nvidia H200 Sales To Alibaba, Tencent And 8 Others, But Beijing Halts Deliveries

The U.S. government has authorized the sale of Nvidia Corp.'s powerful H200 AI chips to 10 Chinese tech giants, including Alibaba Group Holding Ltd. ADR and...

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Business news • May 16

Bye Mosquitoes & Ticks: The Natural, Non-DEET Repellent Consumer Reports Recommends

Itchy bug bites are more than a discomfort. Mosquitoes and ticks can transmit diseases that no one wants to tangle with. When the most effective insect...

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Business news • May 16

Oil markets may face moment of truth in June. Brace for a 'non-linear' price spike and panic buying

Oil prices could top $130-$140 a barrel next month if the strait remains closed and inventory depletion rates remain steady, according to Capital Economics.

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Business news • May 16

Job postings for this tech role have grown more than 700% in the last year

Forward-deployed engineers, or FDEs, can earn from $170000 to over $200000 for helping companies integrate AI.

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Business news • May 16

American Jobs with AI Exposure Really Are Starting to Disappear, Data Show

There's this certain category of human work that economists clearly want to put in a horrible basket marked “not worth paying for because AI can do it.

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Business news • May 16

'Outright Lies': House Dem Posts Receipts After Eric Trump Denies Family Investments

Rep. Don Beyer (D-Va.) linked to a newly released financial disclosure form that disproves an assertion from President Donald Trump's son.

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Business news • May 16

I Was Shattered When My Husband Left Me. Then I Saw A Post On Facebook That Changed Everything.

"Almost three decades spent with someone is not easy to shake off in a little over a year — or maybe ever."

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Business news • May 16

SpaceX heads into IPO with 'deepest moat that exists' as investors vow to 'never bet against Elon'

The biggest IPO ever is just a few weeks away as reports say SpaceX has accelerated its timeline for coming public, and investors are cheering the company's...

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Business news • May 16

Pershing Square Backs Microsoft As AI Expansion Divides Major Investors

Bill Ackman's Pershing Square fund has taken a major new position in Microsoft (NasdaqGS:MSFT), going public with the stake as other large investors such as...

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Business news • May 16

LIRR strike shuts down nation's busiest commuter train line, union says 'we're far apart'

The Long Island Rail Road shut down at 12:01 a.m. Saturday after a group of unions failed to reach a new contract deal with the MTA and went on strike,...

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Business news • May 16

BlackRock Weighs Multibillion-Dollar Investment in SpaceX IPO

BlackRock has discussed investing $5 billion to $10 billion in SpaceX's initial public offering next month, people familiar with the matter said.

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Business news • May 16

He’s king of the AI boom. Why do former colleagues say he can’t be trusted?

Testimony in a case brought by Elon Musk has given new force to persistent questions about the trustworthiness of OpenAI's CEO Sam Altman.

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Business news • May 16

A $400 Swatch Watch Is Driving Fans Insane

Earlier this week, when the Swiss watch brands Swatch and Audemars Piguet announced a collaboration, many fans were hoping that they would get an affordable...

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Business news • May 16

North America’s largest commuter rail system shuts down as workers strike

Workers at the Long Island Rail Road, serving the eastern New York metropolitan area, walked off the job on Saturday.

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