Business news

Business news • May 10

OpenAI, Anthropic workers fuel S.F. rental market surge downtown - San Francisco Business Times

A lawyer earning more than $300000 with perfect credit recently lost out on a downtown San Francisco apartment to someone with a much higher salary.

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Business news • May 10

Trump Administration Is Considering Pausing the Federal Gas Tax to Lower Prices, Energy Secretary Says

Chris Wright, the energy secretary, said on Sunday that the Trump administration would be open to pausing the federal gas tax to give Americans some relief...

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Business news • May 10

NTSB gathering details on Frontier Airlines evacuation after plane hit and killed person in Denver

The National Transportation Safety Board says it is gathering information about the evacuation of a Frontier Airlines plane after it hit a person on the...

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Business news • May 10

Woman Dies After Scooter Plunges Off Pier at Carnival’s Celebration Key

An elderly guest from Carnival Celebration has died after falling off the pier at Celebration Key while riding a mobility scooter.

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Business news • May 10

Cathie Wood buys $12.9 million of tumbling tech stock

Cathie Wood, chief of Ark Investment Management, is known for making bold bets on fast-moving tech stocks. Sometimes her trades move just as quickly as the...

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Business news • May 10

Trump’s Energy Secretary: “I Can’t Predict the Price of Energy”

Chris Wright has walked back his earlier prediction that gas prices could drop below $3 a gallon before the summer.

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Business news • May 10

Troubled convenience store chain files for Chapter 11 bankruptcy

Convenience store chains face many of the same challenges as grocery store chains and other retailers, trying to solve financial issues caused by the rising...

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Business news • May 10

Wright on gas prices: ‘I can’t make any predictions’

Energy Secretary Chris Wright said Sunday he is “avoiding” predictions on gas prices, as the average cost has reached its highest point amid the war in Iran...

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Business news • May 10

Billionaire NBA Owner Targeted in Wild Sextortion Scheme

Milwaukee Bucks co-owner and private equity investor Wesley Edens has been revealed as the man at the center of an alleged blackmail and extortion plot.

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Business news • May 10

"Melania Getting Left Out Again": Donald Trump's "Insane" Mother's Day Message Is Going Viral

Would've saved everyone some time if he'd just said, 'Happy Mother's Day, you filthy animals.'”

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Business news • May 10

General Motors settles lawsuit over selling customer driving data

A two-year legal battle between General Motors and California prosecutors, led by Attorney General Rob Bonta, over the alleged misuse of customer driving...

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Business news • May 10

Jim Cramer has a blunt message on gold for investors

Jim Cramer said he's not bullish on gold despite major banks targeting $5400 to $6300. Here is his exact reasoning and what it means for investors.

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Business news • May 10

Trump official opens door to gas tax suspension

Energy Secretary Chris Wright said Sunday the Trump administration is "open" to suspending the federal gasoline tax amid high pump prices.

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Business news • May 10

Dell family gave $6.25B to 'Trump Accounts' in December. Now Trump says 'buy a Dell' — and the stock soared 14%

Dell Technologies (NYSE:DELL) stock hit an all-time high of $263.99 on Friday, May 8, surging as much as 14.6% intraday after President Donald Trump used a...

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Business news • May 10

Residents Furious After Their Town Board Rejected an OpenAI Data Center, But a Billionaire Developer Forced It Through Anyway

A billionaire-owned real estate company forced a small Michigan town to accept a 21 million square foot data center.

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Business news • May 10

With Commissioner Under Pressure, F.D.A. Opens Door to Flavored Vapes

Though illicit e-cigarettes have flooded in from China, the new policy could allow major tobacco companies to sell from prime shelf space at thousands of...

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Business news • May 10

Xi’s China: Dazzling Technology, Military Muscle—and an Economic Mess

Government pours money into AI, electric cars and military power, while consumer confidence sags and job market grows bleak.

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Business news • May 10

More chocolate bars added to nationwide recall over possible contamination

(NEXSTAR) — Additional chocolate bars have been added to an already-expanded recall launched over possible salmonella contamination.

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Business news • May 10

Trump Says He Would Still Like to See Gold Reserves at Fort Knox

President Donald Trump on Sunday said he still wanted to examine the U.S. gold reserves at Fort Knox—, a fixation for a time during his first year in...

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Business news • May 10

Energy secretary says Trump administration is open to suspending gas tax amid soaring prices

Energy Secretary Chris Wright told NBC News' “Meet the Press” on Sunday that the Trump administration is “open to all ideas” to lower the cost of gas,...

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