Business news

Business news from Google News (RapidAPI).

7055 articles

How you can get a slice of Apple's $250M iPhone settlement

Apple agreed to a $250M settlement over claims it misled buyers about AI-powered Siri features on certain iPhones. Eligible users could receive up to $95.

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Business news • May 06

Higher Gas Prices Are Hitting Lower-Income Americans the Hardest

Surging gas prices are inflaming a longstanding economic divide in America, as households with lower incomes struggle to pay more at the pump at a moment...

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Business news • May 06

A major union warns regulators that Elon Musk’s SpaceX IPO ‘defies financial logic’

SpaceX CEO Elon Musk's vision for the company's future, and that of the world, is a major driving force behind its valuation. Photo: Getty Images.

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Business news • May 06

How ‘Premier’ Law Firms Became a Decade-Long Spy Ring

The U.S. Department of Justice said Wednesday that it had charged 30 people allegedly linked with a decade-long insider trading scheme involving...

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Business news • May 06

JPMorgan Offered $1 Million Settlement Before Sexual Assault Claims Went Viral

Chirayu Rana's lawsuit against JPMorgan followed failed settlement talks earlier in the year.

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Business news • May 06

TikTok is pulling back on an AI feature that went haywire

TikTok is pulling back on an AI feature that added wildly inaccurate text summaries to videos from users like Charli D'Amelio and Shakira.

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Business news • May 06

Mamdani’s ‘tax the rich’ slogan is ‘just as hateful’ as racial slurs, New York real estate titan says

No one likes higher taxes. But New York City Mayor Zohran Mamdani's plan to tax wealthy residents' second homes has elicited a highly emotional response...

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Business news • May 06

FanDuel CEO Amy Howe is out after five years at the sportsbook

Howe has overseen FanDuel during a time of dramatic expansion in sports gambling and as prediction markets have exploded in popularity.

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Business news • May 06

Lawyers at M&A law firms among 30 charged by US in insider trading scheme

BOSTON, May 6 (Reuters) - Federal prosecutors on Wednesday announced they charged ‌30 people with participating in an insider trading scheme in which...

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Business news • May 06

The Pain at the Pump Is Far From Over. Gas Prices Could Stay Above $4 a Gallon Over the Summer.

Futures prices also now suggest gas could remain around $4 a gallon though the summer months—signaling that there will be no meaningful relief for consumers...

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Business news • May 06

Several from South Florida among 30 charged in massive insider trading scheme

Several men from South Florida are among 30 people facing charges for a multi-million-dollar insider trading scheme, federal prosecutors in Boston announced...

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Business news • May 06

Musk’s AI empire is unraveling — the trial is just the beginning

From OpenAI's founding to the xAI implosion, a timeline of Elon Musk's decade-long obsession with controlling AI.

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Business news • May 06

Here’s what Microsoft is offering long-serving employees to voluntarily retire

Microsoft is allowing some long-serving employees to voluntarily retire. The package will include healthcare, stock vesting, and a cash lump sum.

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Business news • May 06

The 'K-shaped economy' has shown up at the gasoline pump

How gas price hikes are affecting Americans is split along the K-shaped dynamic bisecting the overall US economy right now, according to economists at the...

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Business news • May 06

AI could solve America's $39 trillion debt crisis—but only if U.S. abandons displaced workers: Yale

A Yale Budget Lab report suggests AI-driven productivity gains could reverse the national debt's upward trajectory. But what about the workers?

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Business news • May 06

Airlines had the perfect conditions for jacking up fares. Then Spirit collapsed

Jet fuel prices nearly doubled. Airlines cut flights. Travelers were still buying tickets. That was already a pretty good recipe for higher airfares.

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Business news • May 06

Did Dems block Jet Blue, Spirit Airlines merger?

Treasury Secretary Scott Bessent cited Democrats' efforts to block a merger as a reason Spirit Airlines shut down. That's misleading.

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Business news • May 06

Anthropic, SpaceX announce compute deal that includes space development

Anthropic has signed a deal with SpaceX, which owns rival xAI, to use all of the compute capacity at the company's Colossus 1 data center in Memphis,...

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Business news • May 06

Meta-Backed Scale AI Lands $500M Pentagon Contract

AI Startup Scale AI, which is backed by social media giant Meta Platforms ($META), landed a $500 million contract to help the U.S. military process data and...

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