Business news

Business news • May 10

Aramco CEO warns 1 billion barrels lost will slow oil market recovery

DUBAI, May 10 (Reuters) - The world has lost about 1 billion barrels of oil over the past two ​months and energy markets will take time to ​stabilise even...

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Business news • May 10

Saudi Aramco Profit Jumps Despite War Disrupting Shipping Routes

Saudi Arabia's national oil company said its quarterly profit rose 25% as it increased exports via a pipeline that bypasses the Strait of Hormuz, after war...

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Business news • May 10

Scarred by AI-Driven Bidding Wars, San Franciscans Flee Across Bridges to the Suburbs

San Francisco homebuyers are fleeing city bidding wars for Marin and East Bay suburbs in search of "forever homes."

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Business news • May 10

‘It’s literally going to break me.’ Commuting is now unaffordable for some American workers

Stephen Kaledecker was psyched when he was promoted in December to regional manager at the hotel chain where he works – but his enthusiasm cratered when gas...

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Business news • May 10

Last Tesla Model S and X Roll Off Production Line

The quiet death of Tesla's high-end models marks the end of Tesla as a relatively ordinary car company.

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Business news • May 10

How top Wall Street law firms became a pipeline for insider trading

Deal advice has evolved into a huge legal business but leaves firms vulnerable to misuse of confidential information.

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Business news • May 10

What to Expect in Markets this Week: CPI Report, Retail Sales Headline Economic Data; Earnings from Cisco, Consumer Firms Land

This week will delve into the state of the American spender, with updates on inflation and retail spending and earnings from several consumer goods...

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Business news • May 10

Saudi Aramco Q1 profit jumps 26% as key pipeline reaches capacity amid Iran war

Aramco says its East-West pipeline has helped to mitigate the energy shock caused by the Iran war.

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Business news • May 10

Aramco CEO Warns of Long Oil Market Disruption as Profit Jumps

Saudi Aramco's boss warned of a long disruption to oil markets from the near closure of the Strait of Hormuz, while the company reported a jump in profit...

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Business news • May 10

World deprived of 1 billion barrels of oil over past 2 months, Saudi Aramco CEO says

The world has been deprived of about 1 billion barrels of oil over the past two months as Iran has blocked the Strait of Hormuz amid its war with the US and...

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Business news • May 10

AI isn’t actually ‘taking’ your job. Here’s what’s happening instead

AI in the workplace isn't so black-and-white, experts say. Companies are using AI to automate certain parts of jobs rather than replace entire positions.

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Business news • May 10

OpenAI trial lays bare rivalries behind start-up’s $852bn rise

On the eve of a trial that will decide the future of OpenAI, Elon Musk threatened to make chief executive Sam Altman and president Greg Brockman “the most...

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Business news • May 10

The Best Under-the-Radar AI Stocks to Buy in 2026

You know the biggest names in the space. But do you know which stocks are next in line to dish out industry-leading gains?

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Business news • May 10

Frontier jet strikes trespasser on Denver runway

A Frontier Airlines A321 aborting takeoff at Denver International Airport hit and killed a person who had jumped a perimeter fence and run onto an active...

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Business news • May 10

Aviation expert raises security questions after person hit and killed by plane at Denver International Airport

DENVER — Federal investigators are examining how a person breached the perimeter fence at Denver International Airport and was struck and killed by a...

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Business news • May 10

Banking groups and crypto advocates clash over stablecoin rewards in Senate bill

Investing.com -- A high-stakes legislative battle has intensified between the traditional banking sector and the cryptocurrency industry as a key Senate...

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Business news • May 10

Retirees With Over $1.2 Million in a Traditional 401(k) Are Being Warned About This Tax Bomb at 73

Picture a 70-year-old single retiree sitting on $1.2 million in a traditional 401(k), drawing $3,400 a month from Social Security and feeling well prepared.

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Business news • May 09

Banks and Crypto Backers Tussle as Senators Eye Landmark Digital Asset Bill

Banking groups are floating last-minute changes to a compromise on stablecoin yield as a key Senate panel begins considering a landmark digital asset bill.

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Business news • May 09

The JPMorgan Banker Behind the Sexual-Assault Suit Captivating Wall Street

It seemed like everyone at 270 Park Avenue was talking about Chirayu Rana. The 35-year-old banker was about six months off JPMorgan Chase's payroll when he...

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Business news • May 09

Iran war is draining world’s oil buffer at an unprecedented pace

Morgan Stanley estimates global oil stockpiles dropped by about 4.8 million barrels a day between March 1 and April 25.

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