Business news

Business news • May 05

Google DeepMind Workers Vote to Unionize Over Military AI Deals

UK staff of Google's AI research lab hope to block the use of the company's artificial intelligence models in military settings.

10 0 0

Business news • May 05

Crypto exchange Coinbase plans to cut 700 jobs, citing 'market conditions' amid restructuring for 'AI era'

Coinbase Global (COIN) said Tuesday it's letting go of 700 employees in the coming weeks. The move, which amounts to a 14% reduction in the crypto firm's...

10 0 0

Business news • May 05

Cytokinetics Announces Positive Topline Results from ACACIA-HCM, the Pivotal Phase 3 Clinical Trial of Aficamten in Patients with Non-Obstructive Hypertrophic Cardiomyopathy

Trial Met Dual Primary Endpoints of KCCQ and Maximal Exercise Performance With Consistent Positive Findings Across Key Secondary Endpoints Company to Host...

10 0 0

Business news • May 05

GameStop’s pursuit of eBay has analysts scratching their heads | CNN Business

It's not just in your head: GameStop's pursuit of eBay doesn't seem to make a lot of sense.

8 0 0

Business news • May 05

The death of AI idealism

Elon Musk's lawsuit against OpenAI and the recent spate of deals AI companies have cut with the Pentagon show how far the industry has drifted from the...

9 0 0

Business news • May 05

Robot Passenger Delays Southwest Flight

A not-quite-human passenger managed to hold up a Southwest flight in California for more than an hour Thursday, UPI reports. The culprit: a 4-foot-tall,...

10 0 0

Business news • May 05

She Helped Turn San Francisco Shop Into Fashion Behemoth

For a woman who preferred to stay in the background, Doris Fisher left a mark that will hang in closets—and on museum walls—for decades, the Wall Street...

9 0 0

Business news • May 05

Here's why U.S. debt is surpassing GDP for the first time since World War II

For the first time since World War II, the U.S. national debt has surpassed the size of its economy. CBS News MoneyWatch associate managing editor Aimee...

0 0 0

Business news • May 05

FDA Expands Market Access, Authorizes New ENDS Products

FDA today authorized the marketing of four Glas electronic nicotine delivery systems (ENDS) through the premarket tobacco product application (PMTA)...

9 0 0

Business news • May 05

Oil prices surge as violence flares in Strait of Hormuz

Oil prices have risen sharply as violence in the Strait of Hormuz cast doubt over the fragile ceasefire between the United States and Iran.

17 0 0

Business news • May 05

Doris Fisher, Gap co-founder who helped reshape U.S. casual style, dies at 94

Doris Fisher, who co-founded the iconic clothing chain The Gap Inc.

18 0 0

Business news • May 05

Here's what we heard about the Iran war's impact on family finances in a new poll

Deseret News/Hinckley Institute of Politics polls gauged the impact of the Iran war on households in Utah and the nation. An overwhelming majority have...

10 0 0

Business news • May 05

Apple Explores Using Intel, Samsung to Build Device Processors

Apple Inc. has held exploratory discussions about using Intel Corp. and Samsung Electronics Co. to produce the main processors for its devices in the US,...

19 0 0

Business news • May 05

Why the Collapse of Spirit Airlines Means Higher Fares for Everyone

The company's collapse last weekend removes a decades-old carrier that helped set the floor for cheap flights—and pressured bigger competitors to keep pace.

25 0 0

Business news • May 05

Oil slides as traders assess Middle East developments with Iran attacks keeping markets jittery

Oil prices declined on Tuesday, retreating from sharp gains in the previous session.

12 0 0

Business news • May 05

Stock Market News, May 4, 2026: Oil Rises, Dow Falls on Fears of Escalation in Hormuz

Investors started the week on edge, sending oil prices sharply higher and stocks lower as military tensions escalated in the Strait of Hormuz.

12 0 0

Business news • May 04

OpenAI co-founder discloses nearly $30 billion stake, financial ties to Altman

OpenAI's co-founder and president, Greg Brockman, on Monday disclosed deeper financial ​ties to CEO Sam Altman than previously known as well as a stake in...

10 0 0

Business news • May 04

Elon Musk settles SEC lawsuit over Twitter disclosures, $1.5 million fine imposed

Elon Musk settled the U.S. ​Securities and Exchange Commission's civil lawsuit accusing the world's richest person of waiting too long in 2022 to disclose...

9 0 0

Business news • May 04

Robots move in as waste firms struggle to find staff

Humanoid robots are being added to the automation of waste sorting.

9 0 0

Business news • May 04

91 Jets Across 26 Airports: Inside Spirit Airlines’ Ferry Flights & Who’s Flying Them

Stranded across the airline's network, Spirit Airlines' fleet of bright yellow aircraft now sit idle at 26 airports across the United States.

9 0 0