Business news

Business news • May 08

Delta Airlines worker dies on the job at Orlando International Airport

A Delta Airlines employee died in a fatal accident on the job at Orlando International Airport Thursday evening, according to airline officials.

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Business news • May 08

'Stinks of Rotting Meat': Critics Warn Trump DOJ Settlement Would Legalize Price-Fixing

US President Donald Trump's Justice Department moved Thursday to settle a Biden-era antitrust lawsuit against the analytics firm Agri Stats, proposing an...

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Business news • May 08

Meta’s Embrace of A.I. Is Making Its Employees Miserable

As it adapts to the artificial intelligence era, the company is pushing many of its 78000 workers to use the technology, and preparing to lay some of them...

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Business news • May 08

US added 115,000 jobs in April, fueling cautious optimism about hiring

U.S. employers added 115,000 jobs in April, the Bureau of Labor Statistics estimated May 8, fueling some cautious optimism about hiring even as high oil...

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Business news • May 08

White House Drug Czar Clarifies That Marijuana Is 'Still Illegal' Following Trump Administration's Rescheduling Move

The Trump administration's drug czar is clarifying that move to federally reschedule marijuana doesn't make cannabis broadly legal.

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Business news • May 08

A.I. Populism Is Here. And No One Is Ready.

Silicon Valley oligarchs worried about the risks their technology posed to the world. They forgot about people.

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Business news • May 08

Michael Burry Just Sold His Entire GameStop Stock Stake: 'Wall Street Does Indeed Mistake Debt for Creativity'

Michael Burry sold his entire GameStop stake after the company bid $55.5 billion for eBay, warning the deal's debt load kills his "Instant Berkshire"...

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Business news • May 08

Trump administration settles meatpacking antitrust case in bid to bring down grocery prices

The Trump administration has reached a proposed settlement in an antitrust case against Agri Stats, a data-sharing company for the meatpacking industry.

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Business news • May 08

Trade Desk Is in a World of Hurt After Earnings

Trade Desk stock sinks after the advertising technology company reports mixed first-quarter earnings and issues guidance that didn't impress investors.

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Business news • May 08

Online Mob Fuels 6,000% Stock Rally in Obscure SpaceX Rival

Championed by a guru known simply as the Kook, the satellite company AST has become one of the world's most expensive stocks.

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Business news • May 08

Lime, the Uber-backed micromobility company, files for IPO

After years of hints and preparation, the Uber-backed electric bike and scooter rental startup Lime has filed for an initial public offering.

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Business news • May 08

Airlines cannot add fuel surcharges after ticket sales, EU says

As fuel prices soar amid the Middle East crisis, Brussels warns airlines they cannot retroactively hike ticket prices — and says costly kerosene alone is no...

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Business news • May 08

Mark Zuckerberg Just Told 8,000 Employees Their Layoffs Are a Line Item in His $145 Billion AI Bill

On Meta's Q1 2026 earnings call, CFO Susan Li said the quiet part out loud. “We recently shared internally that we plan to reduce the size of our employee...

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Business news • May 08

Greg Abel’s First Big Move as Berkshire CEO Said Everything About His Leadership

A powerful story can shape company culture, reinforce leadership values, and build trust more effectively than any presentation or policy.

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Business news • May 08

The biggest US power grid is under strain from AI — and no one is happy

PJM Interconnection — which oversees the grid for some of the densest data center developments on Earth — wants to overhaul itself. Not everyone thinks it's...

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Business news • May 08

Trump jumps from 'anything goes' to 'strict regulation' AI policy

In a word, 'Huh?' Steven J. Vaughan-Nichols Steven J. Vaughan-Nichols. Published Fri 08 May 2026 // 12:56 UTC. REG AD. OPINION When President Donald Trump...

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Business news • May 08

AST SpaceMobile (ASTS) Q1 Earnings on Deck: Options Traders Brace for a Major 19.9% Price Swing

Satellite designer and manufacturer AST SpaceMobile ($ASTS) is set to report first-quarter earnings on May 11, and options traders are expecting a volatile...

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Business news • May 08

U.S. Stablecoin Rules Take Shape As CLARITY Act Gains Momentum

U.S. lawmakers advance a CLARITY Act compromise as markets price in clearer stablecoin rules and renewed U.S. leadership in digital‑asset regulation.

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Business news • May 08

Dow Jones Futures Rise As Trump Says U.S.-Iran Ceasefire Holds; Akamai, Cloudflare, IREN Are Big Earnings Movers

Dow Jones futures: President Trump said a U.S.-Iran ceasefire is intact despite clashes. Akamai, Cloudflare and IREN are big earnings movers.

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Business news • May 08

GameStop CEO's eBay account reinstated following takeover PR stunt

Ryan Cohen briefly banned after bootstrapping cash ostensibly to buy the auction site.

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