Business news

Business news • May 30

"Where's my refund?" after Sound Transit shelves Ballard line

Now, after the Sound Transit Board voted to dramatically revise its long-range expansion plans, Patrick said that promise has been broken.

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Business news • May 30

Red Lobster in Times Square to close June 14 due to significant building construction impacts

TIMES SQUARE (WABC) -- Red Lobster is closing its Times Square location on Sunday, June 14, after operating for 23 years.

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Business news • May 30

Olive Young Pasadena: K-beauty giant opens 1st US store right here in SoCal

Olive Young is open in Pasadena! It's the first brick-and-mortar location in the U.S. for the South Korean beauty retail giant.

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Business news • May 30

Atlas V rocket launches 29 Amazon Leo internet satellites to orbit from Florida (video)

A United Launch Alliance Atlas V rocket launched 29 Amazon Leo internet satellites to orbit on Friday night (May 28).

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Business news • May 29

Supplements sold via Amazon, Walmart, Target, more recalled. See products

Two brands of superfood supplements sold online across the country through Amazon, Walmart, TikTok Shop and Target are being recalled. See products.

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Business news • May 29

How we will continue to fight for Ballard Light Rail

Last night, the Sound Transit Board voted to approve a proposal that put the future funding of Ballard Light Rail into question. Despite being projected to...

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Business news • May 29

Moringa capsules recalled as CDC investigates salmonella cases in Washington, other states

WASHINGTON — A new CDC announcement revealed Mogo brand moringa capsules are tied to a salmonella outbreak spanning several states including Washington.

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Business news • May 29

SpaceX wins $4.16 billion US Space Force contract for threat-detection satellites

May 29 (Reuters) - The U.S. Space Force said on Friday it has awarded Elon Musk's IPO-bound ​SpaceX a $4.16 billion deal for a satellite program designed...

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Business news • May 29

Wall Street hits new closing highs on tech strength, Middle East deal hopes

NEW YORK, May 29 (Reuters) - Wall Street's main indexes hit record closing highs on Friday and ​posted weekly and monthly gains as Dell results drove tech...

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Business news • May 29

Pancreatic cancer is deadly and difficult to treat. A new pill could change that

A new drug that targets a gene behind pancreatic cancer has physicians and researchers cautiously optimistic about improved treatment for one of the...

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Business news • May 29

Anthropic’s Seven Cofounders Are Now Worth A Combined $116 Billion

After a massive fundraise that values the AI company at nearly a trillion dollars, Dario and Daniela Amodei, along with their five cofounders,...

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Business news • May 29

SpaceX gets $4 billion contract to build missile-tracking ‘Golden Dome’ satellites

The Pentagon awarded SpaceX a $4.16 billion contract to build missile-tracking satellites linked with President Donald Trump's planned “Golden Dome” defense...

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Business news • May 29

5 economic signals suggest U.S. consumers are feeling the strain

Consumers have kept the economy chugging along despite financial pressures. But some signs suggest they could be losing steam, experts say.

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Business news • May 29

Oil Declines Lift Stocks to Fresh Records

A sharp drop in oil prices propelled stocks to fresh records, buoyed by investor optimism over a possible peace deal between the U.S. and Iran.

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Business news • May 29

CVC to Buy IFF’s Food-Ingredients Unit in $4.3 Billion Deal

International Flavors & Fragrances has agreed to sell its food-ingredients business to buyout firm CVC Capital Partners in a deal that values the division...

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Business news • May 29

SEC moves to repeal rule that requires companies to report greenhouse gas emissions and climate risk

In the latest action to undo Biden-era regulations on climate change, the Securities and Exchange Commission has proposed repealing a rule that requires...

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Business news • May 29

Dell, Rocket Lab, Palantir, and More Stocks That Explain the Market Today

Dell stock soars. The PC and server maker's stellar first-quarter earnings boost Hewlett Packard, IBM, and Super Micro Computer.

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Business news • May 29

US stocks gain ground, adding to their records, as Dell soars

Stock indexes closed higher on Wall Street, adding to the all-time highs they set a day earlier. The S&P 500 added 0.2% Friday.

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Business news • May 29

Eastern and Western WA residents sickened with salmonella linked to supplement

Two Washington residents have been diagnosed with salmonella in an outbreak linked to a moringa supplement that has hospitalized seven people nationwide.

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Business news • May 29

Stocks close at record highs with tech leading the way again. Nasdaq gains 8% in May

U.S. equities closed at record highs on Friday, while crude prices slipped, helping the major averages score a winning month, boosted by technology.

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