Business news

Business news • Jun 02

Nicolo Nourafchan pleads not guilty in BigLaw insider trading case

Nicolo Nourafchan, the former mergers and acquisitions attorney accused of leading a decade-long insider trading scheme that prosecutors say netted tens of...

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Business news • Jun 02

I'm raising two kids and running a small business. Credit card points are part of my budget. (Opinion)

If signed into law, SB26-134 bill would take away credit card points, and that's something that has a real impact on families across Colorado.

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Business news • Jun 02

Meta Expands Safety Features for Teenagers

The changes, after Meta's legal losses in two child safety cases, are aimed at limiting harmful content shown to teenagers on Instagram, Facebook and...

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Business news • Jun 02

Anthropic faces AI spending backlash before IPO

Anthropic prepares to go public just as businesses rethink their AI spend.

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Business news • Jun 02

America has a muddled recovery in manufacturing

This is the chart that White House economic officials want you to see: A closely watched industry survey suggests a long U.S. manufacturing slump is giving...

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Business news • Jun 02

Inflation hits 3.2% in the euro zone as Iran war pushes energy costs higher

Energy costs in the region surged by an annual rate of 10.9% in May.

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Business news • Jun 02

Florida is now OpenAI's biggest problem in red America

TALLAHASSEE, Florida — Florida Republicans, led by Gov. Ron DeSantis and state Attorney General James Uthmeier, are applying more pressure than any other...

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Business news • Jun 02

Walsh Commits to Upholding Federal Reserve Traditions While Seeking Change

On June 3, Federal Reserve Chairman Walsh delivered an inaugural address to over 20000 employees as he began his four-year term, promising to adhere to the...

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Business news • Jun 02

Gold replaces US Treasuries as world’s top reserve asset, ECB says

Gold has overtaken US government bonds as the world's top reserve asset following years of relentless buying by central banks and a historic rally that has...

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Business news • Jun 02

$3.6 Million an Hour—and Other Ways to Measure Elon Musk’s Fortune

Millions of houses, thousands of jets, every NFL and NBA team—imagine the things a trillionaire could buy.

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Business news • Jun 02

Asian shares mostly slip as latest fighting undermines the US-Iran ceasefire.

TOKYO (AP) — Asian shares mostly declined Tuesday as renewed fighting threatened the U.S.-Iran ceasefire. U.S. futures also fell.

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Business news • Jun 02

Barry Diller’s People Inc. Offers to Acquire MGM Resorts

In the second monster casino acquisition story in less than a week, Barry Diller's People Inc. has made a non-binding offer to acquire MGM Resorts.

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Business news • Jun 02

—The Ultimate GR Corolla, Honed in Motorsports and at Nürburgring—

GAZOO Racing (GR) held the world premiere today of the GRMN Corolla—the ultimate GR Corolla, engineered to deliver a confident, full-throttle experience on...

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Business news • Jun 02

The AI boom could be heading to millions of 401(k)s as Anthropic files for IPO

The filing with the Securities and Exchange Commission is a step toward the maker of the chatbot Claude launching on the stock market, probably at a...

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Business news • Jun 01

Short Seller Andrew Left Found Guilty of Securities Fraud

Andrew Left, one of the world's most prominent short sellers, was found guilty of securities fraud by a federal jury after a landmark trial that scrutinized...

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Business news • Jun 01

Blue Origin launchpad damaged in rocket explosion may not be restored until 2028, NASA's Isaacman says

NASA has tapped Jeff Bezos' Blue Origin for several contracts in the agency's Artemis return-to-the-moon program.

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Business news • Jun 01

Stock futures slip after all three major indexes close at new records: Live updates

U.S. stock futures ticked lower on Monday night after all three major indexes rose to fresh records during the regular session. S&P 500 futures

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Business news • Jun 01

Alphabet plans to raise $80B to pay for AI buildout

"The company is experiencing strong demand for its AI solutions and services from enterprises and consumers, at levels that are exceeding the company's...

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Business news • Jun 01

Florida sues OpenAI and CEO Sam Altman over ChatGPT

Florida Attorney General James Uthmeier on Monday sued OpenAI and its CEO Sam Altman, alleging that the company marketed ChatGPT to the public without...

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Business news • Jun 01

Berkshire Hathaway buys homebuilder Taylor Morrison in first deal under new CEO

Berkshire Hathaway's new CEO Greg Abel hinted that he may depart from Warren Buffett's longtime hands-off operating model at the conglomerate as he...

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