Business news

Prices for these grocery items have spiked highest since the war began

The effects of the war in Iran are starting to show up in grocery stores.

Rising inflation impacting Bay Area small businesses

People are looking for ways to cut costs amid rising inflation - both consumers and retailers - and Bay Area small businesses are feeling the impact.

South Florida residents react to ongoing higher gas prices driven by Iran war as inflation soars

Gas prices have jumped 28% from last year, reaching the highest level since July 2022, as the Iran war continues to restrict global oil supplies.

Jensen Huang joins Trump's China trip after the U.S. president called the Nvidia CEO

The U.S. chipmaker executive was not included in earlier lists of business leaders participating in President Donald Trump's trip to China this week.

Nvidia’s Huang Joins Trump’s China Trip as Last-Minute Addition

Nvidia Corp. CEO Jensen Huang will join US President Donald Trump on his visit to China as a last-minute addition to the trip, and was seen boarding Air...

Stock Market News, May 12, 2026: Nasdaq Pares Losses as Investors Digest Inflation Jump

Bond yields hit highest level in a year; Intel, Qualcomm drop sharply.

Asia markets mixed as investors watch Trump-Xi meeting and Iran tensions

Asian markets open broadly lower Wednesday as investors grappled with hotter-than-expected inflation, U.S.-Iran tensions and U.S.-China trade talks.

Anthropic in Talks to Raise Funding at a $950 Billion Valuation

Anthropic, the high-flying artificial intelligence start-up, is in talks with investors to raise between $30 billion and $50 billion in new funding that...

Sam Altman was winning on the stand, but it might not be enough

Sam Altman may be unreliable, but the documents in the case largely support his account. Unfortunately, this isn't just about the trial.

Daily pill to help keep weight off after stopping obesity jabs

The tablet - orforglipron - is available in the US and could soon launch in the UK.

Person Fatally Struck by Frontier Airlines Jet at Denver Airport Is Identified

The man who was fatally struck by a jet on a runway in Denver last week made it past motion sensors and radar detectors before scaling a tall fence to reach...

Lilly's Foundayo and lower-dose Zepbound helped people maintain weight loss after switching from higher doses of injectable incretin therapy in two late-phase trials

Walmart Lays Off or Relocates About 1,000 Corporate Workers

Retailer cuts jobs as it combines more of its global-tech and product teams.

Musk, Cook and other prominent US executives invited to join Trump on trip to China

Prominent U.S. executives from Big Tech, agriculture as well as aerospace and defense have been invited to join President Donald Trump on his trip to China...

OpenAI’s Sam Altman takes the stand to fend off Elon Musk’s accusations he ‘stole a charity’

OpenAI CEO Sam Altman took the stand on Tuesday to defend himself against accusations from co-founder-turned-adversary Elon Musk that he "stole a charity"...

SAP Unveils the Autonomous Enterprise

Unveiling the Autonomous Enterprise at SAP Sapphire, the company is introducing the SAP Business AI Platform and deepening partnerships.

OpenAI trial recap: Altman testifies he never promised Musk to keep company a nonprofit

Elon Musk is accusing OpenAI CEO Sam Altman and President Greg Brockman of trying to 'steal a charity.'

US consumer finance agency to bring staff back to office year after closure

WASHINGTON, May 12 (Reuters) - Leadership at the U.S. consumer finance watchdog plans to recall staff to the office more than a year after the Trump...

Iran war oil shortage forces Japan snack giant to use black-and-white packaging

Calbee to switch its brightly coloured packaging to black and white because war has disrupted supply of certain raw materials used in ink.

Inflation hits 3.8% in April 2026, highest since 2023

U.S. inflation hit 3.8% in April, the highest since 2023, as energy costs drove nearly half of the monthly increase.