Business news

Business news • Apr 28

‘It feels like a betrayal’: anger as Apple to close its first unionized store in the US

Tech giant accused of 'cynical attempt to bust the union' in decision to shutter location in Towson, Maryland.

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Business news • Apr 28

UAE Says It Will Leave OPEC as Iran War Strains Oil Markets

The United Arab Emirates dealt a major blow to some of the world's biggest oil producers on Tuesday when it announced that it was leaving the OPEC oil...

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Business news • Apr 28

US gas prices surge to highest level in four years, averaging $4.18 a gallon

Oil prices surged as talks on reopening of strait of Hormuz remain gridlocked, sending prices $1 higher than last year.

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Business news • Apr 28

House Democrats urge Trump to keep US ban on Chinese cars in place

More than 70 Democrats in the U.S. House ​of Representatives on Tuesday urged President Donald Trump not to permit Chinese automakers ‌to build or sell cars...

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Business news • Apr 28

'He wanted to be CEO': Early OpenAI VC Vinod Khosla says Elon Musk's bid for control led to the Sam Altman feud and his major investment

When Vinod Khosla sat down with Fortune's Editor-in-Chief Alyson Shontell in early March, he offered some key context for one of the most consequential tech...

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Business news • Apr 28

A split within the Fed impedes Trump’s deregulation of Wall Street

Ideological divides are slowing the central bank's decision-making and could pose a challenge for the president's nominee to run the Federal Reserve,...

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Business news • Apr 28

Self-driving car service Waymo says it’s coming to Portland

Self-driving car service Waymo on Tuesday said it's coming to Portland and will begin mapping out the city for its vehicles, using human drivers.

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Business news • Apr 28

Google and the Pentagon sign classified deal to give the Department of Defense unfettered access to its AI models

Google and the US government have entered into a partnership that gives the Department of Defense access to the company's AI models.

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Business news • Apr 28

GitHub will start charging Copilot users based on their actual AI usage

GitHub says it can no longer absorb "escalating inference cost" from it heaviest AI users.

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Business news • Apr 28

Billionaire Ken Griffin Says He’s Meeting With NY Gov. Kathy Hochul As Pied-A-Terre Tax Fight Rages

Billionaire Citadel CEO Ken Griffin, said he was planning to meet with Gov. Kathy Hochul, D-NY, on Thursday, days after an executive from his company took...

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Business news • Apr 28

Ghirardelli Issues Recall for 13 Products That May Be Contaminated With Salmonella

Ghirardelli has issued a recall for 13 powdered drink mixes that may be contaminated with Salmonella. Here's what you should look for.

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Business news • Apr 28

Oil hits highest levels in weeks, auguring more GOP political pain

Crude oil futures are at their highest levels in weeks amid the absence of a diplomatic endgame that frees up the Strait of Hormuz.

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Business news • Apr 28

McDonald’s is the latest fast food chain to offer fancier drinks

Fast food chains, thirsty for new ways to grow, are amping up their beverage offerings. McDonald's said Tuesday it will launch six handcrafted beverages in...

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Business news • Apr 28

How Nassau Could Cash In On Table Games At Resorts World Casino In Queens

Resorts World New York City will become the first of three downstate casinos to offer live table games.

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Business news • Apr 28

UAE quits Opec in win for Trump as oil cartel weakened

US president has accused organisation of 'ripping off the rest of the world' by inflating oil prices.

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Business news • Apr 28

General Motors says it expects $500 million tariff refund after SCOTUS ruling

General Motors said on Monday it expects to receive $500 million in refunds from tariffs that were ruled illegal by the Supreme Court.

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Business news • Apr 28

Musk and Altman go to trial, GM earnings, Spotify's fitness push and more in Morning Squawk

Here are five key things investors need to know to start the trading day.

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Business news • Apr 28

Resorts World New York City casino in Ozone Park, Queens expands to live table games

OZONE PARK, Queens (WABC) -- The Resorts World New York City casino in Ozone Park has now expanded to live table games, setting a new precedent.

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Business news • Apr 28

BP Profit Jumps as Oil Trading Boomed During Iran War

(Bloomberg) -- BP Plc's posted earnings that far exceeded analyst expectations in the first quarter, as energy market turmoil caused by the Iran war led to...

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Business news • Apr 28

The Mag 7 Earnings Gauntlet Begins: Four Reports That Could Reset the Market

The biggest 48 hours of Q1 earnings season starts tomorrow. Meta (NASDAQ:META), Microsoft (NASDAQ:MSFT), Alphabet (NASDAQ:GOOGL), and Amazon (NASDAQ:AMZN)...

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