Business news

Business news • Jun 15

US saw risk of Anthropic models being diverted to foreign military intelligence

U.S. Commerce Secretary Howard Lutnick said he took action against Anthropic's latest Mythos and Fable AI models because officials ‌feared they could be...

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Business news • Jun 15

Nvidia Joins AI Borrowing Frenzy With $25 Billion Bond Sale

Chipmaking giant Nvidia Corp. sold $25 billion of high-grade bonds, joining a wave of jumbo debt offerings from tech heavyweights as investors clamor to get...

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Business news • Jun 15

3,600 stock trades in 3 months: Breaking down Trump's flurry of investment moves

President Trump's investment accounts traded between $212 million and $695 million in stocks and other securities in the first three months of the year — an...

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Business news • Jun 15

How long will it take gas prices to return to pre-war levels now that peace deal has been announced?

HOUSTON — The U.S. and Iran reached an initial peace deal over the weekend that would lead to the opening of the Strait of Hormuz. So, what does that mean...

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Business news • Jun 15

People Living Near xAI’s Dirty Data Centers Are Right Pissed About the SpaceX IPO

Elon Musk's worth tops $1 trillion as rural communities fight to rein in his gas turbines.

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Business news • Jun 15

FOX CORPORATION TO ACQUIRE ROKU, INC.

Combination Creates a Scaled Media and Technology Platform with Superior Reach, Engagement and Monetization Capability. Unites FOX's Premium Live Content...

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Business news • Jun 15

KFC's The Colonel gets a subtle makeover in new rebrand

KFC has announced one of its biggest ever rebrands, which spans every touchpoint around the world. The new look was created by JKR, the agency behind the...

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Business news • Jun 15

Lessons from the Original Tech Bubble

As the SpaceX I.P.O. kicks off what is expected to be a wave of A.I. offerings, a new book turns to another speculative era—the railroad boom that...

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Business news • Jun 15

10-year Treasury yield slides as Iran deal drives rethink on Fed interest rate hikes

The 10-year Treasury yield fell on Monday following the announcement of a preliminary peace agreement between Washington and Tehran.

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Business news • Jun 15

Exclusive | Mining Tycoon Gina Rinehart Buys Over $1 Billion SpaceX Stake

Hancock said it is interested in working with SpaceX in the future.

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Business news • Jun 15

Gas prices drop in Connecticut, but experts say full decline will take months

Gas prices have been declining for weeks following a reported deal with Iran, but experts said it will take several months before they drop to pre-war...

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Business news • Jun 15

Cyber experts warn Fable limits aid attackers and hurt defenders

Former Facebook cyber head defends Anthropic in an open letter.

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Business news • Jun 15

Oil and gas supplies could take months to return to normal after Iran deal, energy experts say

High oil and gasoline prices and energy supply problems won't be solved overnight, despite an agreement to end the Iran war, experts say.

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Business news • Jun 15

Hormuz Reopening Would Offer Relief for Asia, but Economic Scars Will Remain

A potential U.S.-Iran agreement to reopen the Strait of Hormuz would offer near-term relief for Asia, the region outside of the Middle East that has borne...

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Business news • Jun 15

Shipowners Seek Clarity on Hormuz Deal as 600 Vessels Eye Exit

A deal that could reopen the Strait of Hormuz within days has been met with caution among shipowners and traders, with many saying they would wait for more...

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Business news • Jun 15

U.S. stock futures jump on Iran deal to end the war; Japan's Nikkei surges 5%: Live updates

Stock futures are rising Sunday night to kick off the holiday-shortened trading week after President Donald Trump announced that an agreement had been...

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Business news • Jun 15

Oil prices slide after Pakistan announces deal between US and Iran

Oil prices fell in early trade in Asia on Monday after Pakistan, which has been mediating an end to the US-Iran war, announced a deal that President Donald...

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Business news • Jun 15

Anthropic Dispatches Staff to D.C., Racing to Resolve AI Export Restrictions

WASHINGTON—Anthropic is racing to resolve its latest conflict with the Trump administration, meeting with officials and dispatching top technical staff to...

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Business news • Jun 15

Gold rises 2% after US, Iran reach peace deal

June 15 (Reuters) - Gold rose 2% on Monday after U.S. and Iran officials said they had ‌reached a preliminary deal to end their conflict, pushing oil prices...

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Business news • Jun 15

Oil Executives Are Sounding the Alarm Over Dwindling Stockpiles

Even if the Strait of Hormuz soon reopens, it would likely take months for the U.S. to replenish its depleted oil inventories, keeping prices elevated.

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