Business news

Business news • Apr 24

Stellantis to Prioritize Jeep, Ram, Peugeot and Fiat Among Its 14 Brands: Report

Jeep, Ram, Fiat, and Peugeot are reportedly going to become focal points, while smaller Stellantis brands scale back in ambition.

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Business news • Apr 24

DeepSeek-V4 arrives with near state-of-the-art intelligence at 1/6th the cost of Opus 4.7, GPT-5.5

DeepSeek's quest to keep frontier AI models open is of benefit to the entire planet of potential AI users, especially enterprises looking to adopt the...

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Business news • Apr 24

Chartbook 443 "Obscurity to Notoriety" - Bessent, the UAE and how"swap lines" morph into "slush lines".

The UAE is in discussions with the Trump administration about a swap line. Two questions immediately arise. How can the UAE need dollars?

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Business news • Apr 24

Apple Stock Gets the CEO It Needs. John Ternus Gives Reason to Be Bullish.

Apple has drifted from its singular product focus. New CEO John Ternus brings gives the company a fresh start—and a chance to create the next big thing.

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Business news • Apr 24

Tesla’s Cybercab goes into production — so why is Musk tapping the brakes?

Tesla is starting continuous production of the Cybercab, but Musk is sounding uncharacteristically cautious about the rollout of his robotaxi service.

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Business news • Apr 24

Apple's Next CEO Needs to Launch a Killer AI Product

Sometime in the next year or two, Apple's new CEO, John Ternus, will step onto a stage and tell the world that his company has a revolutionary product.

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Business news • Apr 24

Jeanine Pirro drops criminal probe of Jerome Powell

The Trump administration's extraordinary criminal investigation of Federal Reserve Chair Jerome Powell is over, removing significant uncertainty that had...

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Business news • Apr 24

US consumer sentiment slumps to record low in April; inflation expectations rise

U.S. consumer sentiment fell to a record ​low in April as households shrugged off a ceasefire in the war with Iran, remaining focused on the inflation...

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Business news • Apr 24

How Kevin Warsh Could Shrink the Fed’s Footprint in Financial Markets

President Trump's nominee to become the next chair of the Federal Reserve wants to overhaul the central bank, including its more than $6 trillion balance...

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Business news • Apr 24

Microsoft will reportedly invite 7% of their US workers to retire early, as the Xbox division talk up "strong cost discipline"

Microsoft are reportedly offering early voluntary retirement to around 7% of their US-based employees in yet another ef…

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Business news • Apr 24

Meta Partners With AWS on Graviton Chips to Power Agentic AI

We're announcing an agreement with AWS to bring tens of millions of AWS Graviton cores into Meta's compute portfolio to support agentic AI workloads.

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Business news • Apr 24

Breakingviews - Oil market's demand crunch is about to go global

LONDON, April 24 (Reuters Breakingviews) - At the heart of the oil market lies a paradox. Iran's war with Israel and the United States has trapped around 13...

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Business news • Apr 24

Donald Trump To Attend Memecoin Gala on Saturday — Here’s How Much $TRUMP Generated Last Time

Trump headlines Memecoin Gala at Mar-a-Lago this Saturday for top $TRUMP holders. Last year's dinner pumped $TRUMP over 60% as whales spent millions for...

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Business news • Apr 24

Stocks slump globally as Trump says he’s in no rush to end the war—and California is running out of jet fuel

Everything you need to know before you reach the office this morning.

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Business news • Apr 24

Fuel shortages from the Iran war are hitting California and the West Coast—and help is years away

Europe is facing more widespread fuel shortages heading into the summer as the war in the Middle East drags on, but shortfalls—especially for jet fuel—will...

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Business news • Apr 24

Air travel prices likely to get worse in coming weeks, Chevron CEO says

Travelers could see airline fares rise and fewer flights available in the coming weeks, Chevron CEO Mike Wirth said in an interview with "Face the Nation...

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Business news • Apr 24

Behind Meta’s Huge Layoffs Is a Relentless Shift Toward AI

As company envisions smaller teams and supersmart agents, some employees wonder how they fit in.

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Business news • Apr 24

Trump signals interest in buying Spirit Airlines with taxpayer backing, aims to resell for profit

Presidnet Donald Trump suggested the U.S. government to buy out Spirit Airlines instead of bailing it out as the airline faces financial struggles and...

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Business news • Apr 24

Warner Bros Discovery vote to approve $110bn merger with Paramount Skydance

The merger will still require governmental approval and could be delayed by a lawsuit seeking to block it.

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Business news • Apr 24

Trump confirms he's weighing a taxpayer takeover of Spirit Airlines "for the right price"

President Trump said Thursday that he was weighing a taxpayer-funded takeover of Spirit Airlines​ with the intent of reselling the struggling budget...

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